Wal Mart Needs For Employees ' Wages

According to Raj Patel (2010), Wal-Mart employs “2.1 million greeters, stock clerks, and logistics officers working at its 8,416 stores ... [and] ranks among the largest employers worldwide--only China's army has more people on its payroll.” (para. 1). That is 2.1 million people who chose to work for the company, who were employed despite whatever setbacks there were holding them back from a “real” job. While Wal-Mart is definitely not the dream job, it is better than no job, and in fact does not pay that much below the retail average of $11.86/hour (EAE Alberta, 2011, p. 4). In this economy, it is unrealistic to believe that any retail job will lead a new fancy car every year, or pay much further than the necessities. The high cost of living with a low minimum wage goes beyond Wal-Mart’s business structure. However, it is a job that is helpful in employing students who need to pay for their education, and in assisting in immigrants making money when they first move to North America. It employs those hard to employ people and gives them the experience needed to move on to a better job with higher pay. Also missed in Parmar’s article is the fact that when employing two million people, there is a much higher chance of the company having an issue with employees. Due to its immense amount of employees, it is 5,500% more likely that a bad event will happen at Wal-Mart as opposed to smaller companies such

Wal-Mart founded in 1962 by Sam Walton is now the largest American retail corporation. With thousands of chains of stores and warehouses Wal-Mart monopolized the American retail industry. In addition, Wal-Mart is the second largest retail corporation in the world employing of two million employees world-wide. As one of the most valuable corporations in the world Wal-Mart continues to improve their sales annually while offering some of the lowest prices available. Wal-Mart’s famous low price guarantee, come at a high expense of the environment, the small businesses, education, the rights and safety of the consumer, but most importantly their employees. Although Wal-Mart has plays a dominate role in American economy, this “American”

As stated on the corporate website (2017), “Walmart is the largest retailer in the world, where 2.3 million associates meet the needs of more than 260 million customers every week.” These numbers are huge, and with so many locations around the globe, they have had allegations been made by employees regarding their dissatisfaction about poor work conditions, gender discrimination, low wages, poor benefits, and inadequate health care. Walmart has been criticized for its policies against labor unions and this issue has prompted public outrage, (Johansson, 2005) which is of great concern for the market. The company has also faced criticism for being anti-union, but it has claimed that it is rather pro-associate, whereby employees

In the United States Walmart effects negatively retail worker wages as well as retail employment. In addition, University of California researchers found that workers in Walmart earn on average 12.4 % less than retail workers as a whole (UNI Global Union, 2012). Walmart’s workers demonstrated thier dissatisfaction with working conditions and low wages by protesting on Black Friday 2012, which is the day the company is making the biggest profit. Walmart workers stood up and more than 1,000 demonstrations in a hundreds encouraging Walmart to act ethicaly towards them. For workers protesting it was a huge risk as they are oficially not protected by any labour union (Progress, 2012). Another evidence that Walmart treats its employees unfairly are discrimination claims. Women workers in California pursue discrimination claims saying that Walmart systematically treats them unfairly. According to women workers retail giant denied to pay raises and promotions due to gender bias (Levine & Gupta, 2011).

Wal-Mart’s variety of over 120,000 items, size and convenience makes it a severe competitor to any business. It’s unbeatable low prices are so unbearable even the social status of many cities or towns don’t matter and can’t even compete with Wal-Mart therefore they are forced to be terminated. This may be an example of “survival of the fittest” but this process is hurting the economy majorly and there needs to be something done about this.

Wal-Mart excels in customer service; and the wages provided to their employees is beyond just minimum wage. “Wal-Mart’s success is the direct result of the dedication of its associates, and they reward their hard work with benefits that work for them. Their benefits include more than medical coverage and a competitive pay package: They offer associates retirement savings plans, pharmacy benefits, the opportunity to share in bonuses and valuable discounts at their stores (walmartstores.com, n.d).”

Since 2008, McDonald’s and Walmart corporations have paid their employees’ by the same federal minimum wage amount of $7. 25 per hour (Friedman, 2015). Not until recently, news stations have reported that most McDonalds and Walmart employees live below the poverty line. In fact, McDonalds has started their own McResource Line to give their employees advice on how to provide for their families while living on a minimum wage budget. Soon after, the company renounced their website after the backlash it caused from the media. Therefore, McDonalds and Walmart decided to raise their minimum wage to $9 an hour (Gasparro and Morath, 2015; Friedman, 2015). After researching, I believe large corporations such as McDonalds and Walmart should have to pay living wages, and it is extremely unethical for these

by Neal Peirce The Wal-Mart Watch campaign, a labor-environmental group highly critical of America's mega-mega retailer, recently launched more than 1,000 events nationwide for its "Higher Expectations Week." "Wal-Mart: The High Cost of Low Price," a scathing documentary by independent filmmaker Robert Greenwald with a focus on Wal-Mart's business tactics and treatment of workers, began to play to audiences across the country. Wal-Mart is fighting its critics with waves of television ads celebrating happy workers and the company's gifts to local charities. But the action goes much further. Across state capitals, legislators are into spirited debates over whether Wal-Mart should be forced to pay adequate health benefits

For having "2.3 million associates around the world – 1.5 million in the U.S. alone," (corporate.walmart.com), Walmart cannot simply raise employee wages even if they wanted to. That is why it took Walmart quite some time to finally lift "the base wage to $9/hour in 2015 to $10/hour in February" (Bowman) just last year. Other than wages, let 's talk about the health care programs.

The success of companies in today's market place is a process that involves the way business practitioners manage its workers and the financial resources and structures. The management of employees, structures, and financial resources includes the development and establishment of effective compensation strategy. Actually, the lack of a sound compensation system has negative impacts on the company's ability to recruit and retain competent and best-qualified employees. Consequently, compensating workers represents an important practice of a company's human resource management (Martocchio, 2013). Wal-Mart is not only a cultural but also a business phenomenon that operates in a competitive environment that is very unique. The company has grown steadily since its inception to an extent that it has become the number one ranked firm on Fortune 500 for four consecutive years. The success of the company is attributed to sound business practices and strategies throughout the years. Currently, the firm has over 1.3 million employees in America, making it the largest employer in the United States. In addition to being the biggest corporation worldwide, Wal-Mart's ability to attract and retain qualified employees is based on its compensation strategy.

Wal-Mart is the number one retailer in the world in both sales and earnings, dwarfing many of its retail competitors. It offers a full assortment of products ranging from clothing to electronics. It currently has 6000 locations predominately within the United States with over $312.4 Billion in net sales during 2006. In addition to its strong domestic presence, Wal-Mart has expanded aggressively to Canada, Mexico, and Puerto Rico with over 1000 locations within those countries. This expansion can potentially create greater economies of scale for Wal-Mart services and merchandise. The synergies created by expansion will also drive profitability in the future by providing goods and services at even lower costs to consumers. In order to enter foreign markets successful, Wal-Mart engages in both joint ventures and acquisitions. By utilizing this method, Wal-Mart intends to leverage foreign retailer's market knowledge with its own core competencies of merchandising and supply chain management (Stilgoe, 2003).

Although, if people keep agreeing to work for minimum wage then these higher wages will never be set because the economic marketplace knows that it can increase its profit margin by paying workers less which is what it will always try to do. Looking at the article, it can be seen that if Wal-Mart were to raise there minimum wage to the acceptable amount of twelve dollars ($12.00) an hour, the corporation would take a $3.21 billion dollar hit to their checkbooks. Even if immigrants were the ones who were always sweeping the market to its lowest paying profit margin they are still providing a benefit to corporations which is therefore providing a benefit to everyone who interacts with that corporation and should it be a corporation like that of Wal-Mart a plethora of people are receiving the benefits while much fewer are being harmed.

Walmart’s mission is to keep “everyday prices low” meaning labor costs must be kept at the lowest possible level. Walmart has always made every effort in keeping unions out of its company. The National Labor Relations Board has filed numerous complaints against Walmart. If a division decided to strike, Walmart would typically just fire the employees.

Wal-mart is the number one retail store in the U.S. and was founded by Sam Walton in 1962. Wal-mart has expanded to include the U.S., Mexico, Puerto Rico, Canada, Argentina, Brazil, China, and various other places. In 1988, Wal-mart developed the Supercenter concept to meet the growing demand for one stop family shopping. Supercenters combine grocery and general merchandise all under one roof. Their purpose is saving people money to help them live better (Wal-Mart, n.d). Even their success Wal-mart has still had many lawsuits for violating labor laws and

Walmart utilizes a computer-based scheduling system that prioritizes employee flexibility over schedule regularity. Working parents who need regular childcare have been forced to quit their jobs due to Walmart’s scheduling policies. Walmart’s insufficient sick days policy also makes it hard for working mothers to care for sick children