Yes, you certainly are!
Posted on 01/11/2018 7:42:50 AM PST by nwrep
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From Walmart Corporate Blog:
We’ve got some really good news to share today. As you know, the President and Congress have approved a lower business tax rate. Given these changes, we have an opportunity to accelerate a few pieces of our investment plan. We plan to continue investing in you, in our customers through lower prices, and in our future--especially in technology to help improve your jobs and the experience for our customers.
So, we’re pleased to tell you that we’re raising our starting wage to $11 an hour for Walmart U.S., Sam’s Club, Supply Chain, eCommerce and Home Office hourly associates effective in February.
(Excerpt) Read more at blog.walmart.com ...
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
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
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.
Jeff Bezos? Really? The liberal Trump hating owner of the Washington Post? What’s your point?
“throwing out crumbs “
Seems you’ve been reading the DNC talking points since the word ‘crumbs’ is the talking point they are using.
“Not exactly great.”
Not exactly ‘crumbs’ either.
Did you pay thousands of people $1,000 lately? Didn’t think so.
“At least they eat. Some people here don’t even get that.”
That’s just more of your liberal lies.
“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.
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.
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.
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.
and what’s your point?
The fact is, YOU LIED!
ah...name call as opposed to defending your position. another a leftist tactic.
FreeRegards
- 30 -
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.
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...
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.
Good points!
Happy New Year, FRiend. :)
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