The Cellar - View Single Post - The Wal-Mart Problem

Kitsune · 01-19-2006, 09:06 AM

Not yet, but the rumors are circulating, especially for "management" employees that are paid a high enough salary that they should be able to cover it on their own. The change is due, in part, because of bloated pensions and the inability of companies to cover the wave of retirements over the next fifteen years.

The argument goes that "management" ("anyone salary", where I come from) should be able to cover themselves and that due to variations in family and coverage needs that the company has no incentive to provide blanket coverage. Hourly employees that work full time would have to be covered by law, however.

01-19-2006, 09:06 AM	#3
Kitsune still eats dirt Join Date: Sep 2003 Location: Tampa, FL Posts: 3,031	Not yet, but the rumors are circulating, especially for "management" employees that are paid a high enough salary that they should be able to cover it on their own. The change is due, in part, because of bloated pensions and the inability of companies to cover the wave of retirements over the next fifteen years. The argument goes that "management" ("anyone salary", where I come from) should be able to cover themselves and that due to variations in family and coverage needs that the company has no incentive to provide blanket coverage. Hourly employees that work full time would have to be covered by law, however.