Until tonight I had not paid very much attention at all of the
protests against Walmart by its employees. I now understand why those employees
are so unhappy with their employer. Here are the facts. Check them if you like.
·
Walmart is the nation’s largest private employer
with 1.4 million employees.
·
At over $446 Billion per year, Walmart is the
third highest revenue-grossing corporation in the WORLD.
·
Walmart’s net profits are $17.2 Billion per
year.
·
The Walton family owns 48 percent of the Walmart
stock and at a net worth of over $102 Billion is one of the richest families in
the WORLD.
·
Walmart CEO Mike Duke’s compensation package in
2011 was $18.1 Million (equivalent to $8,701.92 PER HOUR).
·
Walmart’s U.S employees make an average of $8.81
per hour, one-tenth of one percent or one-thousandth that of the CEO.
·
Walmart employees receive $2.66 Billion a year
in subsidized Medicaid, food stamps, housing, and other taxpayer-funded social
welfare programs.
·
Walmart’s failure to provide its employees with
a livable wage or decent healthcare coverage is costing taxpayers an average of
$1.02 Billion per year in healthcare costs.
·
A single 300-worker Walmart “Supercenter”
accounts for between $900,000 and $1.7 Million per year in taxpayer-funded
benefits to its employees.
·
As many as 80 percent of workers in Walmart
stores use food stamps.
·
The National Labor Relations Board Office of the
General Counsel filed a complaint against Walmart on January 15, 2014 for
retaliating against striking workers with illegal firings, disciplinary action,
or threats of both which violated employee labor rights.
It will be extremely difficult, but I believe that I must join
the boycott of Walmart until they change their ways.
3 comments :
That's why Walmart has been running acts with employees saying how great it is to work there. Walmart is on a PR campaign to refute the facts. Wonder how much they paid them to do the ads.
Should say running ads
For a little money and/or promise of promotion, I'm sure they could find someone out ot their 1.4 million employees to say whatever Walmart wanted them to say.
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