The Wal-Mart Problem

[Kitsune]

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.

[be-bop]

What is it with big multi national companies 8% of their profits I'll bet Wal-mart and companies would never miss 8% of their proft ,that works out at $80,000 per million a drop in the bucket to Wal-Mart.
When is enough profit enough?What ever happened to social responsibility to their employees..

[xoxoxoBruce]

Not 8% of profit, 8% of payroll.

Originally Posted by xoxoxoBruce

Not 8% of profit, 8% of payroll.

Oh, in that case 8% of a few lousey dimes. Chinamart should be able to pick up the spare change to cover that by sending someone out to the parking lot once a day to scarf up dropped pennies.

I find it ironic that Chinamart damn near exclusively sells items manufactured in a communist economy, imports them under the banner of free trade, and squalls like a mashed cat at having to provide its own employees anything approaching a living wage, or god forbid, health insurance, as well.

By the way, there is no Federal law requiring that hourly employees be provided with health insurance. Or if there is, its got more holes in it than a Swiss cheese. Hourly employees here in Colorado commonly go without company health insurance and not because they want to, it just isn't offered.

As for the big companies whining about upcoming retirement costs, they get no sympathy from me. Shudda planned. Isn't that what they teach you at MBA school?

[smoothmoniker]

Originally Posted by marichiko

I find it ironic that Chinamart damn near exclusively sells items manufactured in a communist economy, imports them under the banner of free trade, and squalls like a mashed cat at having to provide its own employees anything approaching a living wage, or god forbid, health insurance, as well.

That's not irony, that's called consistency.

I think the thing that pisses me off is how they chain-gang the workers into accepting such horrible jobs in the first place! I mean, it would be one thing if Walmart clearly indicated up front how much money, and what sort of additional benefits they would be giving people in echange for their work, and then gave people the option of whether or not they wanted to accept those terms ...

And also, it infuriates me how they move into a new area, and then force all of the consumers in the area to only shop at their stores. I mean, the way they send out bands of roving senior citizens to burn down opposing retailers and distributed small-pox blankets to the owners is unconscionable! If only there were some way to withhold our patronage on an individual basis, maybe the monster would starve and waste away.

Alas, it appears we must be held if death's grim sway.

Originally Posted by smoothmoniker

That's not irony, that's called consistency.

I think the thing that pisses me off is how they chain-gang the workers into accepting such horrible jobs in the first place! I mean, it would be one thing if Walmart clearly indicated up front how much money, and what sort of additional benefits they would be giving people in echange for their work, and then gave people the option of whether or not they wanted to accept those terms ...

And also, it infuriates me how they move into a new area, and then force all of the consumers in the area to only shop at their stores. I mean, the way they send out bands of roving senior citizens to burn down opposing retailers and distributed small-pox blankets to the owners is unconscionable! If only there were some way to withhold our patronage on an individual basis, maybe the monster would starve and waste away.

Alas, it appears we must be held if death's grim sway.

LOL, good to see that you haven't lost your touch, Smoothmoniker! Still driving around in your stretch limo hummer?

I've been meaning to complain to the authorities about the little old lady who whopped me upside of the head with her cane and dragged me into Wally World and forced me to buy a bunch of brightly colored beads and a small pocket mirror in exchange for the island of Manhatten. Alas, I've been too sick with small pox to make it into the police station. :p

[Beestie]

Originally Posted by marichiko

[Wal-Mart lies and cheats]

Originally Posted by marichiko

[America lies and cheats]

Originally Posted by marichiko

[Anyone with more money than me lies and cheats]

I'm sensing a pattern here.