DEAR WALMART: If The Bribery Story Is True, You Need To Fire Your CEO

Walmart’s stock is getting hammered following allegations that the company engaged in systematic bribery in Mexico for several years and then covered it up.

If true, the allegations are a huge black eye for the global retailing leader, which prides itself on its reputation for integrity and transparency.

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Walmart Should Pay Its Employees More

“Walmart pays its average “associate,” of which it has about 1.5 million in the U.S., just under $12 an hour. This equates to an annual salary that is below the poverty line. Like other healthy corporations, Walmart could afford to pay its associates more. It chooses not to because it doesn’t have to,” according to a recent piece in the Business Insider. Low wages are certainly now what New York City needs!