Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Walmart increases minimum wage, hands out bonuses, crediting Trump
Walmart Blog ^ | January 11, 2018 | Walmart Corporate

Posted on 01/11/2018 7:42:50 AM PST by nwrep

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-84 next last
To: napscoordinator; NohSpinZone; usflagwaver; All

Here is compensation for top Walmart executives. You can draw your own conclusion re fairness and generosity of pay.

Name/Title Total Cash Equity Other Total Compensation
C. Douglas McMillon
President and CEO
$6,130,550 $15,224,706 $486,732 $21,841,988
David Cheesewright
Executive Vice President
$4,317,015 $6,501,522 $962,853 $11,781,390
Gregory S. Foran
Executive Vice President
$3,867,959 $6,650,490 $1,027,673 $11,546,122
M. Brett Biggs
Executive Vice President and CFO
$2,880,921 $3,176,574 $249,785 $6,307,280
Marc Lore
Executive Vice President
$1,401,290 $242,449,136 $26,113 $243,876,539


41 posted on 01/11/2018 10:05:04 AM PST by gleeaikin
[ Post Reply | Private Reply | To 31 | View Replies]

To: Salvation; napscoordinator; NohSpinZone; usflagwaver; All

By way of comparison with Walmart, here is pay of Amazon top executives. The previous comment with Walmart pay did not put commas between cash, equity, other and total. Note how much less cash Amazon pays. Most of their wealth is in the Equity, the stock they hold which has grown fantastically in value. Walmart executives are paid a lot more up front.

Name/Title, Total Cash, Equity, Other, Total Compensation
Jeffrey P. Bezos
Chief Executive Officer, Director
$81,840 $0 $1,600,000 $1,681,840
Jeffrey A. Wilke
CEO Worldwide Consumer
$175,000 $32,779,614 $3,500 $32,958,114
Diego Piacentini
SVP, International Consumer Business
$110,326 $23,585,138 $35,166 $23,730,630
Andrew R. Jassy
CEO Amazon Web Services
$175,000 $35,431,144 $3,500 $35,609,644
Brian T. Olsavsky
SVP and Chief Financial Officer
$160,000 $4,395,447 $3,200 $4,558,647
Jeffrey M. Blackburn
SVP, Business Development
$171,250 $22,019,668 $3,425 $22,194,343


42 posted on 01/11/2018 10:18:53 AM PST by gleeaikin
[ Post Reply | Private Reply | To 36 | View Replies]

To: gleeaikin; All

Wow, I feel like I landed on a DUmmies Undergound thread here. Since when did Freepers get into wealth/income envy politics? So buy Wal-Mart stock and start a shareholder activist campaign about say-on-pay. Frankly, I don’t care what a Wal-Mart suit makes because wealth is not a zero-sum game; neither is income. If the solution is for government to come in and “reform” the pay structure of private sector companies, I sure as hell don’t want that.


43 posted on 01/11/2018 10:28:22 AM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
[ Post Reply | Private Reply | To 42 | View Replies]

To: napscoordinator
The ones getting the bonus’ are management with 20 Years is the base line.

Who told you that? I seriously doubt that anyone in management is an hourly employee.

"We’re also providing a one-time bonus to hourly associates that pays a larger amount the longer you’ve been with our company."
44 posted on 01/11/2018 10:28:25 AM PST by Brown Deer (America First!)
[ Post Reply | Private Reply | To 23 | View Replies]

To: gleeaikin

Jeff Bezos? Really? The liberal Trump hating owner of the Washington Post? What’s your point?


45 posted on 01/11/2018 10:32:41 AM PST by Brown Deer (America First!)
[ Post Reply | Private Reply | To 42 | View Replies]

To: napscoordinator

“throwing out crumbs “

Seems you’ve been reading the DNC talking points since the word ‘crumbs’ is the talking point they are using.


46 posted on 01/11/2018 10:54:30 AM PST by CodeToad (CWII is coming. Arm Up! They Are!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: napscoordinator

“Not exactly great.”

Not exactly ‘crumbs’ either.

Did you pay thousands of people $1,000 lately? Didn’t think so.


47 posted on 01/11/2018 10:55:58 AM PST by CodeToad (CWII is coming. Arm Up! They Are!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: napscoordinator

“At least they eat. Some people here don’t even get that.”

That’s just more of your liberal lies.


48 posted on 01/11/2018 10:56:52 AM PST by CodeToad (CWII is coming. Arm Up! They Are!)
[ Post Reply | Private Reply | To 31 | View Replies]

To: NohSpinZone

“Wow, I feel like I landed on a DUmmies Undergound thread here. “

Just a few of FR’s resident liberal propagandists outing themselves even further.


49 posted on 01/11/2018 10:58:36 AM PST by CodeToad (CWII is coming. Arm Up! They Are!)
[ Post Reply | Private Reply | To 43 | View Replies]

To: napscoordinator
The ones getting the bonus’ are management with 20 Years is the base line.

WRONG!

CNBC:

WalMart will increase its starting wage rate for hourly employees in the U.S. to $11, and expand maternity and parental leave benefits. Currently, Walmart's starting wage is $9 until workers complete a training program. Then, they receive $10.

Walmart will also pay a one-time cash bonus to eligible employees of as much as $1,000. The payouts, which should total roughly $400 million.

Workers with less than two years of service will receive $200
2 to 4 years $250
5 to 9 years $300
10 to 14 years $400
15 to 19 years $750
20 or more years $1,000

Walmart will offer full-time hourly employees in the U.S. 10 weeks of paid maternity leave and six weeks of paid parental leave. Salaried workers will also receive six weeks of paid parental leave.

The company is also creating a new benefit that provides financial assistance to its employees who are looking to adopt a child, giving them as much as $5,000 per child to cover expenses such as adoption agency fees, translation fees and legal costs.
50 posted on 01/11/2018 11:01:07 AM PST by Brown Deer (America First!)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Brown Deer

Now we know where the bonus money is coming from and 250 dollars for 3-4 years....ha.

Walmart is abruptly closing 63 Sam’s Club locations across the US, the company told Business Insider. Some stores were closed on Thursday. Others will close at a later date.
Many employees were not informed of the closures ahead of the time, according to reports.
10 of the closed stores will be turned into ecommerce distribution centers.

Walmart is closing 63 Sam’s Club stores across the US, the company told Business Insider.

Several stores were abruptly closed Thursday. In some cases, employees were not informed of the closures prior to showing up to work on Thursday.

Instead, they learned that their store would be closing when they found the store’s doors locked and a notice announcing the closure, according to reports.

Ten of the affected stores will be turned into ecommerce distribution centers, and employees of those stores will have the opportunity to reapply for positions at those locations, a Walmart official said.


51 posted on 01/11/2018 12:07:07 PM PST by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
[ Post Reply | Private Reply | To 50 | View Replies]

To: CodeToad

Walmart is abruptly closing 63 Sam’s Club locations across the US, the company told Business Insider. Some stores were closed on Thursday. Others will close at a later date.
Many employees were not informed of the closures ahead of the time, according to reports.
10 of the closed stores will be turned into ecommerce distribution centers.

Walmart is closing 63 Sam’s Club stores across the US, the company told Business Insider.
Tell these folks.....you won’t care though.

Several stores were abruptly closed Thursday. In some cases, employees were not informed of the closures prior to showing up to work on Thursday.

Instead, they learned that their store would be closing when they found the store’s doors locked and a notice announcing the closure, according to reports.

Ten of the affected stores will be turned into ecommerce distribution centers, and employees of those stores will have the opportunity to reapply for positions at those locations, a Walmart official said.


52 posted on 01/11/2018 12:08:07 PM PST by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
[ Post Reply | Private Reply | To 48 | View Replies]

To: CodeToad

You are a disgrace!!!!!

Walmart is abruptly closing 63 Sam’s Club locations across the US, the company told Business Insider. Some stores were closed on Thursday. Others will close at a later date.
Many employees were not informed of the closures ahead of the time, according to reports.
10 of the closed stores will be turned into ecommerce distribution centers.

Walmart is closing 63 Sam’s Club stores across the US, the company told Business Insider.

Several stores were abruptly closed Thursday. In some cases, employees were not informed of the closures prior to showing up to work on Thursday.

Instead, they learned that their store would be closing when they found the store’s doors locked and a notice announcing the closure, according to reports.

Ten of the affected stores will be turned into ecommerce distribution centers, and employees of those stores will have the opportunity to reapply for positions at those locations, a Walmart official said.


53 posted on 01/11/2018 12:08:54 PM PST by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
[ Post Reply | Private Reply | To 46 | View Replies]

To: napscoordinator

and what’s your point?

The fact is, YOU LIED!


54 posted on 01/11/2018 1:10:43 PM PST by Brown Deer (America First!)
[ Post Reply | Private Reply | To 51 | View Replies]

To: napscoordinator
You are a disgrace!!!!!

Yes, you certainly are!


55 posted on 01/11/2018 1:12:43 PM PST by Brown Deer (America First!)
[ Post Reply | Private Reply | To 53 | View Replies]

To: napscoordinator

ah...name call as opposed to defending your position. another a leftist tactic.

FreeRegards

- 30 -


56 posted on 01/11/2018 1:48:44 PM PST by stylin19a (Best.Election.of.All-Times.Ever.In.The.History.Of.Ever)
[ Post Reply | Private Reply | To 21 | View Replies]

To: nwrep

The winning just keeps on coming! I apologize if I have already posted on this thread; I did post on a similar thread yesterday.

The President is winning people over. Walmart is huge; most Americans shop there and many, many work there.

Heck, if it weren’t for security issues, he would make tons of money for a Walmart store if he spent an hour as a greeter. Any Walmart would be in Seventh Heaven to have such an event.

But again, I am not sure how the security would be, well, secured. :) There are just too many haters out there.


57 posted on 01/12/2018 4:52:46 AM PST by proud American in Canada
[ Post Reply | Private Reply | To 1 | View Replies]

To: NohSpinZone
Wow, I feel like I landed on a DUmmies Undergound thread here. Since when did Freepers get into wealth/income envy politics?

As they would say on Seinfeld, it does feel like Bizzaro World.

These people are paid what their companies feel they are worth; it is not for the government or the masses to determine if it is too much. That gets into communist territory.

As long as the companies are making a profit and the shareholders are happy, well...

58 posted on 01/12/2018 5:03:05 AM PST by proud American in Canada
[ Post Reply | Private Reply | To 43 | View Replies]

To: proud American in Canada

Well, all of those people getting paid so little and on government programs are Democrats. Maybe if they could stand on their own they’d became less liberal. It took me almost a lifetime to learn that economics is just another from of politics. Some never learn.


59 posted on 01/12/2018 5:08:21 AM PST by central_va (I won't be reconstructed and I do not give a damn)
[ Post Reply | Private Reply | To 58 | View Replies]

To: central_va

Good points!

Happy New Year, FRiend. :)


60 posted on 01/12/2018 5:43:03 AM PST by proud American in Canada
[ Post Reply | Private Reply | To 59 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-84 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson