We Just Got Another Sign That Wage Growth is Here
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There is more wage growth coming. In its earnings report filed on Wednesday, home retailer Bed Bath & Beyond signaled that it will be raising wages. The company gave little detail about when it would raise wages, or what the magnitude of the increase would be, saying only that in 2015 it expects earnings will be impacted by, "an increase in investments in compensation and benefits in 2015 beyond those historically planned."