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Thread: Bastards at Walmart now pay more than federal minimum wage!

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    B04
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    Bastards at Walmart now pay more than federal minimum wage!

    Wal-Mart to increase hourly wages for thousands of store associates - Fortune

    Wal-Mart is celebrating a surprisingly strong U.S. holiday season by spreading the wealth a bit.

    The world’s largest retailer and the nation’s largest private employer is increasing hourly wages for its current U.S. store associates to more than $9 per hour or higher beginning in April. That increase is at least $1.75 above the federally mandated minimum wage. The decision will impact thousands of full and part-time U.S. employees.
    The pay hike comes as Wal-Mart reported a strong 1.7% increase in U.S. same-store sales, a key metric for retailers. That was better than the 0.7% jump that analysts had anticipated, according to a poll conducted by Consensus Metrix.
    Wal-Mart said by February of next year, all current U.S. associates would make $10 an hour or more. The company is also piloting a training program to help employees move out of entry-level positions and potentially make $15 an hour and more with increased responsibilities.
    Those bastards! How dare they reward their employees when the corporation does well! As for that $10.00 an hour stuff? and the advancement program? I mean, just... how dare they do something so good for so many (they employ over 500,000 people) without the federal government making it mandatory.
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    Trumpaloompa Tormenter Cicero's Avatar
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    Quote Originally Posted by B04 View Post
    Wal-Mart to increase hourly wages for thousands of store associates - Fortune







    Those bastards! How dare they reward their employees when the corporation does well! As for that $10.00 an hour stuff? and the advancement program? I mean, just... how dare they do something so good for so many (they employ over 500,000 people) without the federal government making it mandatory.
    Gee...if they had only done it BEFORE they were publicly shamed for telling their employees to apply for public assistance you might actually have something. As it stands I'm unimpressed. They're not the "sainted and beneficent corporate overlords" you would paint them as being.

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    B04
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    Quote Originally Posted by Cicero View Post
    Gee...if they had only done it BEFORE they were publicly shamed for telling their employees to apply for public assistance you might actually have something. As it stands I'm unimpressed. They're not the "sainted and beneficent corporate overlords" you would paint them as being.
    yeah, ti was the 'public shaming' that made them do it, right?

    Please.

    This is what happens. When a company does well, they can reward their employees. Be happy for the tens of thousands who will now benefit from Walmart's success.

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    Quote Originally Posted by B04 View Post
    Wal-Mart to increase hourly wages for thousands of store associates - Fortune

    Those bastards! How dare they reward their employees when the corporation does well! As for that $10.00 an hour stuff? and the advancement program? I mean, just... how dare they do something so good for so many (they employ over 500,000 people) without the federal government making it mandatory.
    Maybe they figured out what Costco already knew - it costs more to hire and train new employees than it does to retain the employees you've already got.
    Thanks from Cicero, BoiseBo, MaryAnne and 1 others

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    Quote Originally Posted by B04 View Post
    yeah, ti was the 'public shaming' that made them do it, right?

    Please.

    This is what happens. When a company does well, they can reward their employees. Be happy for the tens of thousands who will now benefit from Walmart's success.
    Umm - Walmart has done well enough for years to make the Waltons billionaires, why'd they wait so long to reward their employees?

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    Trumpaloompa Tormenter Cicero's Avatar
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    Quote Originally Posted by B04 View Post
    yeah, ti was the 'public shaming' that made them do it, right?

    Please.

    This is what happens. When a company does well, they can reward their employees. Be happy for the tens of thousands who will now benefit from Walmart's success.
    Actually there is reason to believe it WAS the public shaming that influenced this decision. Their brand is an intangible that has value. Telling employees "go apply for fucking food stamps" did that intangible harm.
    Not very good at this, are you?

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    Trumpaloompa Tormenter Cicero's Avatar
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    Quote Originally Posted by labrea View Post
    Maybe they figured out what Costco already knew - it costs more to hire and train new employees than it does to retain the employees you've already got.
    There's that, and the fact that an improving economy means they no longer hold the same "whip hand" over the cost of compensation they once held.
    Thanks from MaryAnne and labrea

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    Veteran Member HenryPorter's Avatar
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    Quote Originally Posted by B04 View Post
    yeah, ti was the 'public shaming' that made them do it, right?

    Please.

    This is what happens. When a company does well, they can reward their employees. Be happy for the tens of thousands who will now benefit from Walmart's success.
    Ha ha, you're such a bullshitter.

    . Walmart’s Impact on Wisconsin’s Employment Picture
    Impact of Walmart stores on retail and other jobs
    Based on data available through Walmart’s website, there were 29,514 Walmart associates in Wisconsin as of January 31, 2012.
    According to a 2006 study, for every retail job created at Walmart, communities lose 1.4 retail jobs.[3] Based on the findings of this study, we estimate that, if Walmart had no stores in Wisconsin, there would be an additional 11,806 retail jobs in the state.
    Impact of Walmart’s China sourcing on jobs
    Based on an estimate of Walmart’s share of the U.S.-China trade deficit, we can estimate that Wisconsin lost an estimated 4,864 jobs as a result of Walmart’s practice of sourcing heavily from China.[4]
    *
    *
    Walmart’s Cost to Wisconsin Taxpayers
    Taxpayer subsidies for Walmart
    Walmart is the world’s biggest company.[5] But despite its colossal financial resources—the company brought in $444 billion in revenue last year[6]—it’s habitually dipped into public coffers to finance its expansion into almost every corner of the United States.[7] In the absence of centralized information or databases on economic subsidies, Good Jobs First, an economic policy and research non-profit, has done extensive research to document the subsidies Walmart has received, and has published the data on Walmart Subsidy Watch. Here’s what GJF uncovered in Wisconsin.
    Taxpayer healthcare costs
    Tens of thousands of Walmart associates and their families qualify for Medicaid and other publicly subsidized care. Indeed, according to data compiled by Good Jobs First, in 22 of 24 states which have disclosed information, Walmart has the largest number of employees or dependents on the public rolls of any employer.[8]
    In Wisconsin: According to June 2007 data from the Wisconsin Department of Health and Family Services, Walmart was the employer with the largest number of employees and employees’ dependents enrolled in BadgerCare, the publicly-funded healthcare program for low-income families. Walmart had 897 employees and 776 of their dependents enrolled, and the state estimated that their care cost Wisconsin taxpayers $3.7 million a year.[9]
    The Walmart 1 Percent: The Facts on Wisconsin

    Would the world be a better place without Walmart. Yeah.

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    Quote Originally Posted by Cicero View Post
    Actually there is reason to believe it WAS the public shaming that influenced this decision. Their brand is an intangible that has value. Telling employees "go apply for fucking food stamps" did that intangible harm.
    Not very good at this, are you?
    Wow, 9 bucks an hour? These "sainted and beneficent corporate overlords" are really digging deep aren't they?

    If i was a Walmart employee i'd be so underwhelmed that i'd go apply at Costco starting at $2.50 more!
    Thanks from HenryPorter and Friday13

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    Veteran Member HenryPorter's Avatar
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    Another interesting tidbit, Walmart employees complained they didn't earn enough to be able to shop there. They had to go to the dollar stores.
    Thanks from BoiseBo, Cicero and DebateDrone

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