WalMart Employees aren't properly compensated?
Comments
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unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487gimmesometruth27 wrote:wal mart has not gotten a single dollar from me in 11 years.
i am proud to say that.
I'm at about 14-15.
I have made in the USA sweatshirts from that period that I bought from there that have held up. I bought the same brand a few years ago from Target and noticed that after a few washings all of the tightness was gone out of the sleeve ends and waist. I looked and found it made in Mexico. Same thing happened to Carhartt.
That was when I began my personal crusade to fight cheap products that had manufacturing shipped out of the US to profit more.0 -
unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487I posted in another thread some time ago that in 2004 over 70% of the goods that Wal*Mart sells are made in China.
Also at that time Wal*Mart accounted for over 10% of the total goods from China that were imported into the ENTIRE U.S.!0 -
unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
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man, what is it with all this hating on Wal Mart?? Granted, the situation with the wm employees might be sub-par to say the least, but I love some damn walmart and if it weren't for them in this god-forsaken town that I live in, I wouldn't have jack shit as an option. Okay...walmart got the cheap shirts, the cheap jeans, the plants, the groceries, the greeting cards, the cat food, the smokes, the contact solution, the over-the-counter makeup, the lotion, the body wash, the deodorant, the donuts, the condoms, the beer, the cottage cheese, the yogurt, the spinach, the Plan B (if needed)...the little hoveround crafts for my elderly parents who have nowhere else to go...........what else can I say??? I'm sure I could include alot more...and when I was living in Raleigh, WalMart also had the eyevision Care Center where I could get an eye examination and new contacts for $100........every walmart employee I have ever encountered has been very accomodating (although not necessarily the most friendly person in the world)....but they have been well worth my dollars spent at that establishment---and, if they weren't, I would report them... I would gladly support these people getting a raise because they are working at WalMart...man, I have also gotten my hair cut there several times.....and 2 pedicures.....so, stop hating on wm. much love...em0
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EdsonNascimento wrote:such jobs are actually overpaid through government intervention and company benevolence (yes, I said that).0
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EmBleve wrote:man, what is it with all this hating on Wal Mart?? Granted, the situation with the wm employees might be sub-par to say the least, but I love some damn walmart and if it weren't for them in this god-forsaken town that I live in, I wouldn't have jack shit as an option. Okay...walmart got the cheap shirts, the cheap jeans, the plants, the groceries, the greeting cards, the cat food, the smokes, the contact solution, the over-the-counter makeup, the lotion, the body wash, the deodorant, the donuts, the condoms, the beer, the cottage cheese, the yogurt, the spinach, the Plan B (if needed)...the little hoveround crafts for my elderly parents who have nowhere else to go...........what else can I say??? I'm sure I could include alot more...and when I was living in Raleigh, WalMart also had the eyevision Care Center where I could get an eye examination and new contacts for $100........every walmart employee I have ever encountered has been very accomodating (although not necessarily the most friendly person in the world)....but they have been well worth my dollars spent at that establishment---and, if they weren't, I would report them... I would gladly support these people getting a raise because they are working at WalMart...man, I have also gotten my hair cut there several times.....and 2 pedicures.....so, stop hating on wm. much love...em
I hate Wal-Mart.0 -
whygohome wrote:EmBleve wrote:man, what is it with all this hating on Wal Mart?? Granted, the situation with the wm employees might be sub-par to say the least, but I love some damn walmart and if it weren't for them in this god-forsaken town that I live in, I wouldn't have jack shit as an option. Okay...walmart got the cheap shirts, the cheap jeans, the plants, the groceries, the greeting cards, the cat food, the smokes, the contact solution, the over-the-counter makeup, the lotion, the body wash, the deodorant, the donuts, the condoms, the beer, the cottage cheese, the yogurt, the spinach, the Plan B (if needed)...the little hoveround crafts for my elderly parents who have nowhere else to go...........what else can I say??? I'm sure I could include alot more...and when I was living in Raleigh, WalMart also had the eyevision Care Center where I could get an eye examination and new contacts for $100........every walmart employee I have ever encountered has been very accomodating (although not necessarily the most friendly person in the world)....but they have been well worth my dollars spent at that establishment---and, if they weren't, I would report them... I would gladly support these people getting a raise because they are working at WalMart...man, I have also gotten my hair cut there several times.....and 2 pedicures.....so, stop hating on wm. much love...em
I hate Wal-Mart.0 -
EmBleve wrote:man, what is it with all this hating on Wal Mart?? Granted, the situation with the wm employees might be sub-par to say the least, but I love some damn walmart and if it weren't for them in this god-forsaken town that I live in, I wouldn't have jack shit as an option. Okay...walmart got the cheap shirts, the cheap jeans, the plants, the groceries, the greeting cards, the cat food, the smokes, the contact solution, the over-the-counter makeup, the lotion, the body wash, the deodorant, the donuts, the condoms, the beer, the cottage cheese, the yogurt, the spinach, the Plan B (if needed)...the little hoveround crafts for my elderly parents who have nowhere else to go...........what else can I say??? I'm sure I could include alot more...and when I was living in Raleigh, WalMart also had the eyevision Care Center where I could get an eye examination and new contacts for $100........every walmart employee I have ever encountered has been very accomodating (although not necessarily the most friendly person in the world)....but they have been well worth my dollars spent at that establishment---and, if they weren't, I would report them... I would gladly support these people getting a raise because they are working at WalMart...man, I have also gotten my hair cut there several times.....and 2 pedicures.....so, stop hating on wm. much love...em
I don't live in a town where there is nowhere else to go. I live in a town where it is worth it to spend more for quality products. Walmart has shit electronics, shit clothes, shit sporting equipment...shit everything. Sorry you live in such a shitty town. I mean that from the bottom of my heart.0 -
I like Wal-Mart. I shop there often. I buy electronics, clothes, groceries, sporting goods and lawn and garden stuff. It's convenient, cheap and they will AlWAYS take something back if you have a receipt.
I also don't understand only buying goods made in America. I think there are a lot of countries and people around the world who likely NEED money worse than America does. I think people are people....who cares where they are located?The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.0 -
Does WalMart not pay minimum wage or what they legally have to pay? Is WalMart worse than say, McDonalds or any other supermarket? I don't live in the US so I don't know. If they do pay what they legally need to pay, is this not an issue with the Government to raise this minimum wage?
I'm just trying to see where WalMart fits amongst other similar employers.0 -
http://abcnews.go.com/Business/walmart- ... d=11067470
By Ed Smith's math, the CEO of Walmart earns more in
an hour than his employees will earn in a year.
Smith, an alderman in Chicago, presented posters at a
city council meeting showing that Walmart CEO
Michael Duke's $35 million salary, when converted to
an hourly wage, worked out to $16,826.92. By
comparison, at a Walmart store planned for the Windy
City's Pullman neighborhood, new employees to be
paid $8.75 an hour would gross $13,650 a year.
Smith's numbers could be a bit off. Equilar, an
executive compensation research firm, calculates that
Duke earned just south of $20 million in 2009 and
$28 million in 2008, not counting millions of dollars
in potential performance awards. But the alderman
argued that there's still a "sad" contrast between
Duke's compensation and the wages of his
employees.
"How can you go to bed at night and sleep knowing
you make this kind of money and the people working f
or you can hardly buy a package of beans and rice?"
he asked in an interview with ABCNews.com.
Walmart, meanwhile, said that its wages across the
country are competitive in local markets and that on
average, hourly employee pay -- which includes more
experienced workers but not managers -- ranges
from $10 to more than $12.
The retail giant made no apologies for Duke's salary.
"I don't think Mike Duke needs, as the CEO of a
Fortune 1 company, needs me to defend his
compensation package," said Walmart director of
community affairs Steven Restivo, referring to
Walmart's status as the largest company on the planet.
The debate over Walmart wages has been a thorny
local issue in Chicago, where city aldermen on
Wednesday reluctantly approved plans for a new
Walmart store. It also speaks to continued concerns
nationwide over the pay gap between top executives
and their rank-and-file employees.
A study last fall by the Institute for Policy Studies, a
liberal Washington D.C. research group, found that
CEOs in the country's S&P 500 companies make, on
average, 319 times more than the average American
worker.
IPS associate fellow Sam Pizzigati said that in the
1970s, that ratio was 30 to 1.
"We've seen, over the past three decades, a tenfold-
plus increase in the gap between top executives and
average American workers," Pizzigati said. "That
Chicago alderman is putting his finger on a very real
problem in American economic life."
Why the Pay Gap Has Grown
Pizzigati said the reasons for the yawning gap are
two-fold. Declining top-bracket tax rates over the last
half-century, he said, took away a strong disincentive
for company boards to keep a lid on CEO pay.
The top marginal tax rate, he said, dropped from 91
percent in the 1960s to 28 percent in 1980s. It
stands at 35 percent today.
"If you look at historical record, executive pay really
started exploding in early 1980s," he said. "That's
when the top rate started precipitously falling."
On the worker side, Pizzigati said, wages have been
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Walmart CEO Pay: More in an Hour Than Workers Get All Year?
hurt by the declining power of U.S. organized labor.
When it represented more than one-third of the
American workforce, unions could influence wages --
and force them higher -- throughout the labor
market. With just seven percent of Americans
represented by unions today, Pizzigati said, that's no
longer the case.
Paul Hodgson, a senior research associate at the
executive compensation watchdog group The
Corporate Library, attributed the gap to another
factor: the use of stock awards in CEO pay.
Notwithstanding the recent financial crisis, stocks
have seen tremendous gains since the 1980s and
that, he said, has been reflected in CEO
compensation.
As a result, he said, "CEO pay has been growing
exponentially while everyone else's wages have been
growing arithmetically."
Companies that shell out blockbuster salaries and
benefits maintain that high compensation is
necessary to attract the best talent to top positions.
In Chicago, in recent years the compensation issue
has centered largely on so-called big box stores like
Walmart. In 2006, the city's mayor vetoed a resolution
by the city council to raise minimum hourly pay by
giant retailers in the city to $10 plus $3 worth of
benefits.
Chicago Labor Leaders Wanted
Higher Pay at Walmart
This week's approval of the new Walmart store came
despite demands by labor organizers that Walmart, a
non-union company, should pay at least $11 an hour
to new employees. Walmart countered that the $8.75 i
t plans to pay -- which is 50 cents above Chicago's
minimum wage -- is more than the starting hourly
wages of unionized grocery store workers in the area.
An organizer for Local 881 United Food and
Commercial Workers declined to comment on wages
for union members, citing ongoing contract
negotiations, but said that, overall, members receive
better health insurance and retirement benefits than
Walmart employees. (In its defense, Walmart said its
health insurance plans offer "a wide range of options"
and trumpeted its 401k and profit sharing plans.)
Smith said he ultimately decided to join his fellow
aldermen in unanimously voting to allow the Pullman
store because of the jobs the store is expected to
create and its addition to the city's tax base.
He, too, would have liked to see the retailer pay at
least $11 an hour to new employees, but added that
he's glad Walmart's $8.75 starting pay is above
minimum wage.
"As Kenny Rogers says, 'You gotta know when to hold
them and know when to fold 'em,'" Smith said. "So
that's what we did."
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I've never been to wal-mart, costco, ran out of bj's, did buy lots of pillows in target a few years back and stll have guilt when I use them, ran out of ikea.gimmesometruth27 wrote:wal mart has not gotten a single dollar from me in 11 years.
i am proud to say that.0 -
unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487know1 wrote:I like Wal-Mart. I shop there often. I buy electronics, clothes, groceries, sporting goods and lawn and garden stuff. It's convenient, cheap and they will AlWAYS take something back if you have a receipt.
I also don't understand only buying goods made in America. I think there are a lot of countries and people around the world who likely NEED money worse than America does. I think people are people....who cares where they are located?
Ever hear the saying, "be careful what you buy, the next job you save might be your own"?0 -
unsung wrote:know1 wrote:I like Wal-Mart. I shop there often. I buy electronics, clothes, groceries, sporting goods and lawn and garden stuff. It's convenient, cheap and they will AlWAYS take something back if you have a receipt.
I also don't understand only buying goods made in America. I think there are a lot of countries and people around the world who likely NEED money worse than America does. I think people are people....who cares where they are located?
Ever hear the saying, "be careful what you buy, the next job you save might be your own"?"You can tell the greatness of a man by what makes him angry." - Lincoln
"Well, you tell him that I don't talk to suckas."0 -
unsung wrote:know1 wrote:I like Wal-Mart. I shop there often. I buy electronics, clothes, groceries, sporting goods and lawn and garden stuff. It's convenient, cheap and they will AlWAYS take something back if you have a receipt.
I also don't understand only buying goods made in America. I think there are a lot of countries and people around the world who likely NEED money worse than America does. I think people are people....who cares where they are located?
Ever hear the saying, "be careful what you buy, the next job you save might be your own"?
I'm not going to shop or make purchase decisions based upon fear.
I buy what I want to buy and pay what I'm willing to pay....which is usually on the cheaper end of the scale.The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.0 -
EmBleve wrote:EdsonNascimento wrote:such jobs are actually overpaid through government intervention and company benevolence (yes, I said that).
No. Please read the thread. Thank you.Sorry. The world doesn't work the way you tell it to.0 -
redrock wrote:Does WalMart not pay minimum wage or what they legally have to pay? Is WalMart worse than say, McDonalds or any other supermarket? I don't live in the US so I don't know. If they do pay what they legally need to pay, is this not an issue with the Government to raise this minimum wage?
I'm just trying to see where WalMart fits amongst other similar employers.
Yes, they must pay at least minimum wage. The biggest issue (aside from the CEO vs. employee salary discussion) is benefits. They have also had a few "mis-steps" in the way they've handled some employment issues.
As for raising the minimum wage - that actually might prove to be detrimental. If companies are forced to pay higher wages, they will scale back benefits and/or just simply higher fewer people. Or, worse yet, what someone else already mentioned - move all the jobs over seas (and simply eliminate everyone).Sorry. The world doesn't work the way you tell it to.0 -
EdsonNascimento wrote:EmBleve wrote:EdsonNascimento wrote:such jobs are actually overpaid through government intervention and company benevolence (yes, I said that).
No. Please read the thread. Thank you.0 -
EdsonNascimento wrote:Yes, they must pay at least minimum wage. The biggest issue (aside from the CEO vs. employee salary discussion) is benefits. They have also had a few "mis-steps" in the way they've handled some employment issues.
Thanks. As far as I'm concerned, benefits and working conditions were never a forte of the US (compared to most European countries, for example). I worked in the US many years ago after working in Belgium & France and I thought to myself 'never again'! Seems to me things have not changed that much.
Vicious circle though... low pay, little spending power, less profit for companies and less profit = less investment or cutbacks and we are back to low pay......
CEO vs. employee salary is everywhere....0
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