Posted on 02/19/2015 4:07:11 PM PST by SunkenCiv
Today, Walmart announced that by 2016 the minimum wage paid to workers in its stores will be increased to $10. In other words, the company has voluntarily raised wages, not because the government or labor unions forced them to, but because they think it's the best thing for business.
"Beginning in April, Walmart U.S. will increase its starting rate to $9 an hour or higher. By February 2016, all current associates will make $10 an hour or higher. Additionally, Walmart is piloting an onboarding and training program that will create clear career paths for associates so they know what is expected of them in order to move from entry level positions to jobs with more responsibility and pay $15 an hour or more," a statement released by Walmart Thursday says. "Walmart's new associate initiatives were announced in conjunction with the company's fourth-quarter and fiscal year-end 2015 earnings results. Walmart reported fourth quarter underlying earnings per share of $1.61. The company's fourth quarter U.S. comp sales increased 1.5 percent, while consolidated revenue for the full fiscal year reached $485.7 billion."
Research Director at the Employment Policies Institute Michael Saltsman...
"Walmart's decision to increase its store minimum wage to $10 an hour exemplifies how wages rise in a free economy: by choice, not by government mandate. Just because a $10 minimum wage is the right choice for Walmart, however, does not mean it should be mandated for all other businesses, regardless of industry or size," The rash of recent small business closures in San Francisco as a consequence of the city's recently-passed 36 percent minimum wage hike highlights the folly of raising wages by fiat."
Not surprisingly, pro-labor union groups still aren't satisfied.
(Excerpt) Read more at townhall.com ...
“Probably trying to hire English-speakers. “
Actually, many of the second-gen illegal aliens HATE labor. Won’t work.
beginning of the end of walmart. Just as when McDonalds caved to the left and ruined its french fries and starting serving salad.
You may be right.
Retail stores isn’t like making automobiles.
The cap investment isn’t that big.
Competitors are many and nimble.
Typically, when a new W-M Super Center opens, they hire about 300 people but have 10,000 or more applying for the jobs - at current wages.
Get a fat person decal, oops, I mean a handicapped decal and park up real close, less walking and those parking spaces are so wide, you'll cut down on the dings your car gets, as a bonus, you can ride around in the store in a cool fat person cart, being rude to everyone else.
No thank you. I’m neither fat nor handicapped so I’ll leave those spaces for people who are. Generally, I’m not a rude person, either.
FWIW Wal Mart has zero employees who make “minimum” wage. They always pay their employees more than the going minimum wage in the State.
If you ever watch daytime TV during the week (say, on Presidents Day), you see the commercials that people at home all day are bombarded with. If you aren’t being encouraged to sue somebody by some underemployed lawyer, you watch these job training commercials that are competing with each other to get you qualified for the best paycheck in the shortest amount of time (though they don’t go into price much). The message is that unskilled people can transform themselves into the middle class if they take a course for a month (and these aren’t computer programming courses - more like medical billing or dental assistants).
The grim reality is that this country has a lot less “good” jobs than it used to have, and many of them are being filled by foreigners trafficked here to fill them for less.
The problem with these “welfare to work” programs is that the people often lack basic job skills; they are a constant source of tension with real workers. For many, welfare was to be the career (and pregnancy in high school was a key factor in that); actual learning never fit in the plan.
Seeing them attempt to work is very disheartening; I could imagine what they feel like. The inferiority complex it produces inevitably leads to lashing out...
In my area they don’t need English speakers; most Americans have left, and few of those remaining shop at Wal-Mart. NJ is a sanctuary state not because we need workers, but because without the mass of illegal Hispanics and Asians much of the state (most of the northeastern part, with the highest taxes) would be a ghost town.
We encourage illegals to settle here so that our schools and Wal-Marts stay full, and simply give them Americans’ tax money to ease them in. I’ve seen two billboards in my area, completely in Spanish, driving home the point that “you may qualify for a subsidy”; buying health insurance isn’t even suggested.
Thanks P-M, the entire economy would be in better shape if companies like WalMart would just hire the mob to rid us all of the self-serving union goons.
My 94 year old arthritic mother refuses to use an electric cart while shopping, preferring to lean on a regular cart. She says that she doesn't want people to think she's lazy.
I think Wal Mart should adopt the Chinese labor model here at home. Erect barracks for the workers and feed them also. Give them each a Walmart only redeemable gift card instead of pay. We could ring every last once of if these fools.
7:30-8??? It’ll be a cold day in hell when I like Walmart enough to get over there at that time to avoid everyone else. lol
We’re fortunate to have a new Walmart, close by, that doesn’t get crowded except for weekends. If I’m there by noon, I can usually park in one of the front spaces.
I don’t shop at Walmart because ours are all overrun with third worlders. I could probably shop there if I got there at 8am but they have nothing I need that badly. lol
7:30-8??? It’ll be a cold day in hell when I like Walmart enough to get over there at that time to avoid everyone else. lol
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I’m a morning person so I’m up & at ‘em anyway ... W-mart is also the closest store (& the cheapest) or I’d be at one of the other stores as soon as they opened.
I have seen many of these people in the past. They not only don't have an inferiority complex they have a superiority complex. They think they should be treated like gold as if they were the store manager not a new hire at the bottom of the ladder.
They think being asked to mop their area is "disrespecting" them. They also think everyone who is successful has been lucky not realizing that the harder one works the "luckier" they tend to get.
Of course, the future: Phoenix has 8-mosques that I know of.
Thanks!
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