1. Walmart > U.S. workforce: 1.4 million > CEO compensation: - TopicsExpress



          

1. Walmart > U.S. workforce: 1.4 million > CEO compensation: $20.7 million > Revenue: $469 billion > Net income: $17.0 billion > No. of U.S. stores: 4,759 There are 1.4 million Wal-Mart Stores Inc. (WMT) associates working at the company’s 4,759 U.S. stores. Walmart recently announced it would launch Black Friday sales at 6 p.m. on Thanksgiving Day. Critics of Walmart see this as adding insult to injury -- forcing retail workers who already earn low wages to cut holidays short. Criticisms like these have been part of an onslaught of claims that Walmart underpays its workers. Walmart disagrees, saying that “for tens of thousands of people every year, a job at Walmart opens the door to a better life.” According to the company, a full-time hourly wage is $12.83. Some argue that the companys number is inflated, however, reflecting the salaries of higher-paid employees. Hourly wages for sales associates are less than $9.00, according to Glassdoor. Walmart’s net income rose to $17 billion last year. Related Articles Famous Restaurant Chains That Are Hard to Find Five Dangerous Dividend Yields Above 10% States with the Cheapest Gas Professional Services Business Walmart Starbucks Target Kroger A Macys store is seen in Schaumburg, Illinois near Chicago View Comments (5326) Yahoo or Facebook New here? Sign Up Featured 5,326 Comments My Comments Login session has expired. Please sign in to post a comment. Popular Now Newest Oldest Most Replied Sorry you didnt like this comment. Please select one or more options below. Please select at least one option below. Report Abuse Mute comments from Submit Cancel Thank you. You will no longer see comments from this user. Undo Undo Karen 6 minutes ago 0 4 If Sears, and especially K-Mart want to retain a competitive edge, instead of seeing store closures, then staff your stores with trained personnel. Last time I was in either you were lucky to find one register open w/4-5 customers in line. They have a customer base, but treating them poorly ensures they walk next door to Target or Wal-Mart. As to salaries, I can only tell you that for Wal-Mart, before they build a new store and advertise vacancies they competively determine salaries for similar positions in that geographical area and pay a tad more. Also, keep in mind that you will not find a Wal-Mart or Target in the middle of a high-end Mall or neighborhood. Most customers and employees are on the lower end of the medium when it comes to income. So, they may be getting paid 8.25 an hour to stock shelves or run a register; but that might be double what they can get at the Dunkin Donuts or Tasty Freeze. MoreReply Aaron 1 minute ago 0 1 There are a few sollutions available to make this more favorable. Number 1 the consumers can and should stop shopping at these places. I hate places like Walmart that are driving the smaller mom and pop stores out of business! There are plenty of local grocery stores and smaller restaurants to eat besides KFC, Mc donalds and Taco Bell. Second, people can chose to either stop working for these companies or dont work for them at all. Third, people can take the time to learn new skills, trades, start businesses, or further their education. I personally like the first option the best. MoreReply Commenter 21 seconds ago 0 0 I just have three questions...Where does it end? We get a raise, prices go up, we get another raise, prices go up. Not to mention prices go up faster and higher than the average raise, so no mater what we are typically left in the same boat or worse. Minimum wage could be 1000$ an hour but then milk would cost $700 dollars a gallon. Are we just fixated on numbers or are we really trying to solve something here? MoreReply Grace Notes 2 minutes ago 1 2 Wal-Mart always reminded me of a warlord who has killed off all his enemies. With no one left to fight, no more competition, no more war to be had, what becomes of the warlord? When weve exhausted all our resources, taken all the gold, what then? All for the free market, but when greed runs unchecked, like an addict on a really bad coke bender, does anyone really win? Its like having a relative thats so good at playing Monopoly that eventually no one wants to play with him--Monopolys not a game you can play alone. MoreReply kindofclever 9 hours ago 6 264 Thomas is on point about macys,I just left a seasonal job there.At 8.25 per hour were I live I held my head up and went to work for them for 3 months.When I first started I had full time work which in the retail world means 25 plus.Depending on how busy a store is that lasted about 6 weeks then at the beginging of this month all employees hours were cut whether or not you were a new hire or not.Since I was new my hours went from 30 to 10 hours a week,Some weeks they would schedule me for an 8 hour day,Off four days then back for a three hour shift on other days.I had enough and left Believe me this is very common in a lot of jobs today.They can hire more people without ever paying health insurance or other benefits.Unfortunately this is the life for millions of americans. MoreExpand Replies (48) Reply DoNotFearSpeech 5 hours ago 5 164 The problem is not that hamburger flippers and cashiers do not make enough. The problem is that all the good paying jobs with benefits went to China, Mexico, India and Indonesia. Ask your parents and grandparents if they bought their homes, cars and raised you on hamburger flipper jobs! Of course not! They were in manufacturing , union jobs, engineers. Computer techs, draftsmen, skilled workers, etc. ask yourself why the media and politicians avoid this fact and instead shoot for making hamburger flipping the new family raising job for all Americans. Its because the billionaires who profit from sending our jobs away also own both political parties and the media. So the only answer you will hear from them is going to be higher wages for clerks and burger flippers. MoreExpand Replies (24) Reply t_girly 5 hours ago 4 119 I get that these places arent employment for those raising a family but what about those in the middle of this decline in the middle class? My dad had a decent job at GM before they sold out and went to Mexico, now all that is left around here is service jobs that just pay minimum wage. Its happening all over America. And some people are just too damn old to get into student loan debt and start over yet cant afford to retire. If they bring in a new factory they dont employ local people. They bring their people who lost their jobs somewhere else. I guess my dad needs to go to Mexico and get his old job back. MoreExpand Replies (24) Reply STEVE 1 hour ago 2 18 Take a look at the CEO salaries - they did not include what was paid to the board members. I wonder how many of these folks were the ones who created the companies, if not, I question the need for the high salary. Look at JC Penney who paid a huge amount to their prior CEO, they are now in big trouble. Why not cut the CEO salaries and focus on the ones working the stores, high moral would generate greater sales volumes. MoreExpand Replies (3) Reply TM 1 hour ago 3 56 In 1982 compensation disparity in the US was 42:1 now on average it is 354:1. Why is it referred to as wealth redistribution when workers request a living wage, but its not when the bulk of the wealth has been diverted to the executives? Why is it overlooked that in many areas of the country these are the only employment opportunities available? Are people who are in their 50s and 60s and lived in these areas all their lives expected to sell their homes, which they cant, and move? MoreExpand Replies (13) Reply mem 2 hours ago 2 16 People understand, this is yet another indicator of employer not caring about the employees. When you leave a job, give no notice. in fact, try out the new job for a few days before leaving your last job. If you are just starting in the job market, get educated... in a field that is hiring. Art History? duhh nope. Sociology, political science, nope and nope... african, or hispanic studies... nope. People with the above degrees, are wearing an apron, and working at Starbucks today. MoreExpand Replies (4) Reply View more comments Share this 0 shares Recommended for You What Walmart Could Learn from Henry Ford Walmart could learn a thing or two from Henry Ford, who almost exactly a century ago decided to pay his workers three times the typical factory wage at the time. The Wall Street Journal called Ford a traitor to his class but he proved to be a cunning businessman. Huffington Post SaveMore like thisRemove40 Boots & Shoes on Sale at zulily from $19.99! Stay ahead of the trends with this elegant footwear. Wide sizes too. On sale from $19.99. Limited time, limited quantity. Shop today AdChoiceszulilySponsoredCould Obamacare Fixes Pulverize the Insurance Market? If you like your health insurance, you can keep it -- maybe. Will the proposed Obamacare fixes actually cause more problems than they solve? Motley Fool SaveMore like thisRemoveGreencross proposes a merger with Mammoth Pet Holdings The merger would combine pet specialty stores with veterinary services. Motley Fool SaveMore like thisRemovePressure Builds to Finish Volcker Rule on Wall St. Oversight The push to reshape financial oversight hinges on negotiations in the coming weeks over the so-called Volcker Rule, a regulation that strikes at the heart of Wall Street risk-taking. The New York Times SaveMore like thisRemove PlayIgnore Mr. Market. Focus on REIT Fundamentals Investors are perplexed by the mood swings caused by Mr. Markets fear of rising interest rates. Dr. Brad Case explains the misconception. TheStreet Videos SaveMore like thisRemoveThe Worlds Biggest Oil Companies, 2013 A lot has changed for Big Oil in the past 10 years, but how much has the shale boom shifted the rankings of the worlds 20 biggest oil and gas companies? We compared todays giants with data from 2003. Who do you think is on top? Forbes SaveMore like thisRemoveWhy Macys Loves the E-Commerce Revolution Some retailers have been befuddled by the rapid growth of e-commerce. But Macys has turned it into a competitive strength. Motley Fool SaveMore like thisRemoveAre Workers Truly Getting Forced Into Part-Time Jobs? Is it getting harder to find full-time employment these days? Motley Fool SaveMore like thisRemove6 amazing things to do with credit cards Entrepreneurs, artists, and soldiers demonstrate the power of plastic. MarketWatch SaveMore like thisRemoveWhy hardly anyone signed up for Obamacare Hint: It has nothing to do with tech glitches at HealthCare.gov MarketWatch SaveMore like thisRemoveWhat Yellen didnt tell Congress and why it matters By Alister Bull WASHINGTON (Reuters) - The most revealing thing about Janet Yellens widely praised Senate confirmation hearing performance last week might not have been what she said, but what she didnt say - and how she didnt say it. President Barack Obamas nominee to be the next chair of… Reuters SaveMore like thisRemoveBiggest Tax Break In U.S. History May Not Be Enough For Boeing Earlier this week, the legislature in Washington state agreed to give Boeing $8.7 billion in tax breaks through 2040 in an attempt to convince the company to locate production of a new jetliner fleet in the state. Its believed to be the largest state tax break for a company ever. But the huge… Huffington Post SaveMore like thisRemoveWhy Warren Buffett and Sam Walton Got Rich, and You Wont Do you want to be rich? If so, then you probably wont be. One of the biggest commonalities among the worlds wealthiest individuals is that they dont care about money, and never have. Motley Fool SaveMore like thisRemoveStrange Fruit EIiminates 85% BeIly Fat Dr 0z shares discovery that helps to quickIy and naturally reduce the size of your belIy. AdChoicesWomens LifeSponsored3 Market Bubbles That Could Be Ready to Burst Its not a matter of if these three frothy bubbles are finally going to pop. Its just a matter of when. Motley Fool SaveMore like thisRemove PlayChanging Color of Leadership On Tuesday, November 19, 2013, the non-profit organization Chicago United is celebrating 45 years of promoting multiracial leadership in business. Dozens of business leaders will be honored at the 10th Annual Changing Color of Leadership Conference and Bridge Awards Dinner. WLS – Chicago SaveMore like thisRemoveWhy the Federal Reserve Can’t Stop Printing The strong jobs market report last week started the chatter again that the Federal Reserve would start to reduce the pace of its quantitative easing program. Some have said the Fed will reduce the amount of its asset purchases as early as December, while others are saying the quantitative easing… Business 2 Community SaveMore like thisRemovePalins National Debt Mischaracterization vs. American Indebtedness Theres no way to attain the American dream anymore for young and old alike unless the overall debt problem in America, not just the national debt, is brought under control. In economic terms, this debt is truly enslaving our children. Huffington Post SaveMore like thisRemove22 Resume Mistakes That Are Way Too Common You have very little time to impress a... Business Insider SaveMore like thisRemoveChallenges ahead; Beijing sets sights on a new China Some financial and fiscal reforms are likely to be the first out of the blocks, analysts said, but more wrenching changes such as land reform, reining in the power of state-behemoths, and a more universal social welfare system may take years as the Communist Party leaders balance reorganizing the… Reuters SaveMore like thisRemoveWhat Would it Take to Lower Gas Prices? Rather than flippantly predict a number that gas prices will be, here is how gas prices could go down to $3 and how companies could be affected by it. Motley Fool SaveMore like thisRemoveLoad more stories Career & Education News The 14 Most Stressful Jobs in America Best Jobs in America 15 High-Paying Jobs for People Who Dont Like Stre … Millionaires Are Lining Up to Finance Broke College … Jobs with the Widest Pay Gaps between Men and Wome … Yahoo Finance Originals Sirius XM Guns for New Owners of Zombie Radio Ca … General Assembly: Inside New York City’s New Tech … If America Were Switzerland, These CEOs Could Lose … Rates Poll Are you bullish, bearish or neutral on the stock market three months out? 316 days remaining BullishBearishNeutralSee Results Bullish (2360) 45% Bearish (1353) 26% Neutral (1509) 29% Vote Market News Holiday Nearly Beats Thor As Race-themed Films … 00:40 Ex-Treasury Secretary Timothy Geithner To Join Wall … 00:39 Intelligence - Prepare To Upgrade 01:00Data Disclaimer Help / Suggestions Privacy About Our Ads Terms
Posted on: Mon, 18 Nov 2013 03:13:36 +0000

Trending Topics



Recently Viewed Topics




© 2015