I actually work for Wal-Mart distribution center now for almost 10 years. Tbh they pay their employees pretty well despite the stories of how much they pay the store employees.
One thing I will say is it has gone progressively down in their treatment since the Sam Waltons wife passed away a few years back and her shares were donated to charity. After that the Walton children lost majority control and the decisions strayed from a lot of the foundational beliefs that Sam Walton had instilled and believed in when creating the company.
Most of the changes have been to do away with a lot of the incentive based programs for the employees to help keep more profits at the shareholder level.
In 2005, Wal-Mart donated ~$273 million and was ranked the country’s top corporate cash donor in 2005 by The Chronicle of Philanthropy, a biweekly newspaper that tracks the nonprofit business.
I make close to $20 with full medical, dental, std, ltd, etc. Got a decent 401k match program up to 6% and get a lot of overtime allowed at different parts of the year.
On certain positions if you do more production you get up to 30% more of yer hourly based on that
Walmart is huge. And they are steadily growing, possibly at their own peril. As an associate for longer than I care to mention, they have a lot of poor business practices these days that are impacting them greatly. I don't expect them to fall anytime soon, but I'd say they're nearing their peak and a slow decline will eventually come. It's been said before, but once Sam Walton passed away, the company really did take a turn for the worst. Greed came to the forefront as we've had a revolving door of CEOs, associate morale steadily declines which directly affects the customer base, continuing to expand when the market can't sustain it, etc.
I think the only thing we agree on here is to disagree.
Although I am ultimately careless of WalMart (as far as the brand, not the market effects), I am also wary of people making statements about what "can & should be done", who have offered no financially viable way of making it happen.
You've offered absolutely nothing. No numbers, sociological data, or something else to solidify your case. You haven't even tried. You've just alluded to various things in a arguably very self-righteous manner.
Thus giving direct case to the people who do know their stuff, and do have extensive experience, cause to laugh and discount you completely.
Which is unfortunate, because at some point we may somewhat agree on something here and you're going to make my attempts ten times as hard, if not impossible.
This thread is riddled with your one liners, simple norman619. Could you not at least qualify "stupid" without turning this into a tiresome right/left spat without digging down comments?
Big is powerful though and I sometimes wonder if it's such a great idea to have your 'national grocer' leaning on and influencing government. I wonder if a Wal-Mart Party would get many votes? What am I thinking, why would they bother when they effectively control the country as it is!
crazyrobertDec 5, 2011Buried
Generally interesting, but the comparison of Wal-Mart's fuel use to the oil spills is stupid.
shroomtimeDec 5, 2011Buried
$16,827/hour for the CEO? That is HUGE.
brainfreeze0Dec 6, 2011Buried
I actually work for Wal-Mart distribution center now for almost 10 years. Tbh they pay their employees pretty well despite the stories of how much they pay the store employees.
One thing I will say is it has gone progressively down in their treatment since the Sam Waltons wife passed away a few years back and her shares were donated to charity. After that the Walton children lost majority control and the decisions strayed from a lot of the foundational beliefs that Sam Walton had instilled and believed in when creating the company.
Most of the changes have been to do away with a lot of the incentive based programs for the employees to help keep more profits at the shareholder level.
scabnabbitDec 5, 2011Buried
Yeah, but in fairness if you take a that "infographic" in reverse:
If CEO Michael Duke quit tomorrow and his salary went into a holiday bonus for all his employees, they would get:
$55,000,000 / 2,100,000 (From 4) = $26.19
Uh, waitaminute...
(So, yeah, as horrendous that number is, it works out by scale.)
norman619Dec 5, 2011Buried
How? I get what I need at a low price. I'm happy with that.
Angry_MuppetDec 5, 2011Buried
Yes, successful businesses should always be considered evil. Especially ones that actually provide employment as well as benefit to the consumer.
norman619Dec 5, 2011Buried
The whole thing is stupid. It's designed to vilify them.
Mark7ADec 5, 2011Buried
The bias of the article is to denigrate Wal-Mart.
gvoakesDec 5, 2011Buried
dat sum hurge wal martz
miklkitDec 6, 2011Buried
I have an aunt who works at Costco and make $16.50 an hour with full medical benefits, and is not in management. What is your package like?
norman619Dec 5, 2011Buried
Good for them! They are a success story.
ShaolinExplorerDec 5, 2011Buried
Walmart came to my town and knocked out two grocery stores and a general store. It is like the blob the more it consumes the more it grows.
Mark7ADec 6, 2011Buried
In 2005, Wal-Mart donated ~$273 million and was ranked the country’s top corporate cash donor in 2005 by The Chronicle of Philanthropy, a biweekly newspaper that tracks the nonprofit business.
http://www.msnbc.msn.com/id/17803920/ns/us_news-giving/t/wal-mart-keeps-spot-top-corporate-charity/#.Tt1gK1aYs3U
norman619Dec 6, 2011Buried
Sad to hear.
brainfreeze0Dec 6, 2011Buried
I make close to $20 with full medical, dental, std, ltd, etc. Got a decent 401k match program up to 6% and get a lot of overtime allowed at different parts of the year.
On certain positions if you do more production you get up to 30% more of yer hourly based on that
digitaldeadstarDec 6, 2011Buried
Walmart is huge. And they are steadily growing, possibly at their own peril. As an associate for longer than I care to mention, they have a lot of poor business practices these days that are impacting them greatly. I don't expect them to fall anytime soon, but I'd say they're nearing their peak and a slow decline will eventually come. It's been said before, but once Sam Walton passed away, the company really did take a turn for the worst. Greed came to the forefront as we've had a revolving door of CEOs, associate morale steadily declines which directly affects the customer base, continuing to expand when the market can't sustain it, etc.
stabsteerDec 6, 2011Buried
Couldn't have said it any better.
You just summed up the entire Republican party mantra- 2,000 filthy rich douchebags and the rest of us slaves...
scabnabbitDec 6, 2011Buried
I think the only thing we agree on here is to disagree.
Although I am ultimately careless of WalMart (as far as the brand, not the market effects), I am also wary of people making statements about what "can & should be done", who have offered no financially viable way of making it happen.
You've offered absolutely nothing. No numbers, sociological data, or something else to solidify your case. You haven't even tried. You've just alluded to various things in a arguably very self-righteous manner.
Thus giving direct case to the people who do know their stuff, and do have extensive experience, cause to laugh and discount you completely.
Which is unfortunate, because at some point we may somewhat agree on something here and you're going to make my attempts ten times as hard, if not impossible.
floepieDec 6, 2011Buried
This thread is riddled with your one liners, simple norman619. Could you not at least qualify "stupid" without turning this into a tiresome right/left spat without digging down comments?
DickybowDec 6, 2011Buried
Simplistic response.
Big is powerful though and I sometimes wonder if it's such a great idea to have your 'national grocer' leaning on and influencing government. I wonder if a Wal-Mart Party would get many votes? What am I thinking, why would they bother when they effectively control the country as it is!