Danny Stauffer of Milwaukee has been working as a baker at Walmart for almost five years. His salary is $9.40 an hour, up from a starting wage of $7.11.
Stauffer, 26, said has tried to work full-time at the company but hasn’t had success.
“I actually like the work I do,” he said. “The people I work with, the work itself – they’re all great. It just doesn’t pay the bills.” Read 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!
That’s 93 million people who collectively have the same amount of money as the Walton family - heirs of the Walmart fortune. No matter how you do the math, everyone loses.
Source: facebook.com
A major pension fund and longtime investor in Walmart has blacklisted the retailing behemoth, citing poor labor practices and the company’s anti-union stance as the driving force behind its rejection.
Walmart typically shrugs off criticism of its labor practices as union-driven propaganda and insists that its employees are happy and well-managed, but investing experts say that when one of the largest pension funds in the world divests, the company would be wise to listen to the message. It’s the same message the American labor movement has been pushing for decades. Click here to read the full story in the Huffington Post.
Source: The Huffington Post
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