Anti-Humanity At Work
"If only the Wal-Mart corporation lived up to the kindness of its employees. The proverbial 800-pound gorilla of the international economy, Wal-Mart is the largest corporation in the world, with more than 4,750 stores nationwide and revenues of $256 billion in 2003. The five Wal-Mart heirs have a combined wealth of $102.5 billion, twice that of Bill Gates; each heir has an annual income of at least $205 million. H. Lee Scott, Wal-Mart's CEO, took home $29 million in 2003.
The average wage of a Wal-Mart sales clerk is $8.50 an hour. That's $14,000 a year if the employee works 'full time,' which Wal-Mart defines as 34 hours a week. And that's $2,000 below the federal poverty line for a family of three.
Wal-Mart stores frequently maximize their part-time work force in order to minimize their payment of benefits, even though fewer than half of Wal-Mart's full-time employees can afford to pay the premiums on the company's least-expensive health insurance plan."
The Times Record's Opinion
The average wage of a Wal-Mart sales clerk is $8.50 an hour. That's $14,000 a year if the employee works 'full time,' which Wal-Mart defines as 34 hours a week. And that's $2,000 below the federal poverty line for a family of three.
Wal-Mart stores frequently maximize their part-time work force in order to minimize their payment of benefits, even though fewer than half of Wal-Mart's full-time employees can afford to pay the premiums on the company's least-expensive health insurance plan."
The Times Record's Opinion
posted by NBT at 16:41
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