Walmart to Raise U.S. Wages, Provide One-Time Bonus

[Elegiac]

Civilized, Culture? you sound like a Far left version of trump.... "Every Red State is uncultured swine"

You put an uncultured swine in the White House, so it sounds like a 'you' problem.

Having worked for a grocery store they make 3-4% profit on items with about 30% of expenses wages... if your raise the labor cost 30% the price will go up atleast 10-15% or else the store would be losing money... Working at a Pizza place now its closer to 50% which would mean Minimum 25% hikes probably closer to 30%.

Kay. You're aware that still translates to a net gain in buying power for the workers, right?

30% - 15% = 15%. Math is hard.

[Moshots]

You put an uncultured swine in the White House, so it sounds like a 'you' problem.



Kay. You're aware that still translates to a net gain in buying power for the workers, right?

30% - 15% = 15%. Math is hard.

Goes in reverse when you count the number of people being fired from their job in labor cuts in addition.... There is a reason all these "progressive high minimum wage states" also are the league leaders in Homelessness

[Elegiac]

Goes in reverse when you count the number of people being fired from their job in labor cuts in addition....

Zero? Because that's how many people lose their jobs over minimum wage increases.

You seem to be of the impression that businesses hire people with a high level of redundancy to the point that a wage increase of a few dollars an hour would necessitate firing someone. Fun Fact: They don't.

This of course ignores the increased revenue from the higher buying power.

There is a reason all these "progressive high minimum wage states" also are the league leaders in Homelessness

Because real estate in the states which actually have available economic opportunities is in high demand and low supply. Imagine that.

[Aggrophobic]

Then why care? For my family these tax cuts are a big deal.

It is a big deal if you make a lot of money. For the average tax payer, it's hardly a good thing.

[Moshots]

Zero? Because that's how many people lose their jobs over minimum wage increases.

You seem to be of the impression that businesses hire people with a high level of redundancy to the point that a wage increase of a few dollars an hour would necessitate firing someone. Fun Fact: They don't.

This of course ignores the increased revenue from the higher buying power.



Because real estate in the states which actually have available economic opportunities is in high demand and low supply. Imagine that.

Your also Missing that math isn't that easy because if the cost of delieveries to the store now cost more and the cost of the people at that other job making the product now cost more the cost of wholesale goes up 15% on top of the cost of regular sale 15%..

Ends up in the 22-25% for market price. So this "higher buying power" argument that democrats make is honestly fake news to feed the sheep 65% of sub 15k a year workers vote democrat) No change is gonna fix your problem if you have a minimum wage job get a skill get a trade learn something that a 16yo can't replace you in and then maybe you can make money.

in the end though I don't understand how people can feel they deserve x money for these jobs... I have a degree and have had a hard time finding a job in my field ive spent the last 6 months working minimum wage customer service jobs (grocery store and now a pizza place) to get some Customer service/Money handling experience to help me get the entry level bank job I want. I don't get how people think they should make $15 dollar an hour to roll pizza dough and answer a few phones and type a credit card into a machine my job is a joke.

[kasuke06]

What? Everyone is shitting on the US more than ever since he is POTUS

Well yeah. everyone compares themselves to our shining god emperor and sees only their own flaws reflected. they have to sling as much mud as possible to try and tarnish his greatness.

[Misuteri]

What? Everyone is shitting on the US more than ever since he is POTUS

I.

Don’t.

Care.

The rest of the world is perfectly capable of taking in all the third world shithole people they want.

I could care less what the rest of the world thinks about our President, he’s our President, not theirs. We elected him full well knowing this was who he was and what he was like.

The world needs a kick in the groin and Trump is kicking 60 yarders all day, every day.

[Elegiac]

Your also Missing that math isn't that easy because if the cost of delieveries to the store now cost more and the cost of the people at that other job making the product now cost more the cost of wholesale goes up 15% on top of the cost of regular sale 15%..

Which, again, is more than made up for by the increase in buying power.

Money can be exchanged for goods and services.

Ends up in the 22-25% for market price. So this "higher buying power" argument that democrats make is honestly fake news to feed the sheep 65% of sub 15k a year workers vote democrat) No change is gonna fix your problem if you have a minimum wage job get a skill get a trade learn something that a 16yo can't replace you in and then maybe you can make money.

22-25% is a bigger number than 30%, apparently.

And no, the 'learn something' argument does fuck all because it just means people with engineering degrees end up working at Starbucks. These positions are in demand and they deserve better pay; it's economically beneficial to ensure that consumers can consume.

[Echoherb]

I.

Don’t.

Care.

The rest of the world is perfectly capable of taking in all the third world shithole people they want.

I could care less what the rest of the world thinks about our President, he’s our President, not theirs. We elected him full well knowing this was who he was and what he was like.

The world needs a kick in the groin and Trump is kicking 60 yarders all day, every day.

You sound like a sociopath and exactly the type of person that would be a Trump supporter.

[Swizzington]

We elected him full well knowing this was who he was and what he was like.

That's the most alarming part of all this.

[Deianeira]

There is already a thread on this I think in the Politics section?

But this is good news for Walmart employees. And the 20 years service to get the full 1000 bonus is understandable. Any company wants to reward those employees which have shown they want to stay with the company, than those who are only there for a couple years.

So i assume they are going to give these bonuses every year from now? I mean seeing as the taxcuts are permanent and all?

[ChampionChains]

My wife is the store manager of our local Walmart. They had so many complaints of long time employees who were pissed about the pay increase. Their gripe was that they'd rather not get the bonus than see people start out making double what they were hired on making back when they started working for the company 20 years ago. It's like some employees don't grasp inflation, cost of living and minimum wage increase over the past 20 years. People will always find something to bitch about though, even when they're about to receive a $1000 dollar bonus check.

Several years back though, Walmart didn't have a cap on annual pay increases. So most employees who had been with the company for 20+ years were making $30/hour, some even more. When they rolled out the cap on annual and merit pay increases, all of those employees had their salary reduced to and capped at $20/hour. There's absolutely no reason a standard, non-specialized retail associate should be making $30/hour+ but it sure as hell would be a kick in the balls to have it stripped away after investing 20-30 years into a company.

Edit: I do find it interesting, however, that so many billion dollar+ companies insist that a rise in the minimum wage will destroy their companies. Yet Walmart had a shit ton of these $30/hour employees on their payroll over the course of the period when they build their empire into what it is today. It proves that you can absolutely rise to the top and become insanely successful while also paying your employees very well. This was also before Walmart started shrinking their benefits and so many of their employees because welfare/foodstamp sponges. I guess they figured that if they could be so incredibly successful while taking very good care of their employees, they could double their success if they dumped the well being of their employees onto the American peoples tax dollar. It all started once Sam Walton died, his widow and children raped the shit out of the system he'd built.

[Krigaren]

You know how they could have raised wages without the tax scam?

Pay the Waltons a million or two less per year so that they're only worth, say, an even $89 billion rather than $89.5 billion.

This is a PR stunt by Walmart, nothing more. They could have raised wages for employees at any time and would have remained just as profitable, but they chose not to. The Waltons are ardent Trump supporters, so ofc they would say the raises and bonuses are a result of the tax scam.

[Misuteri]

Oh and you’ve made an armchair psychological diagnosis based up on what education, training, certification and licensing process?

Even the APA has warned repeatedly about “professionals” making such statements about people they have never treated or met with in a personal professional capacity.

However you’re an online message board poster with an agenda so of course you are 100% correct and brilliant. I am sure in your off time from WoW and posting on gaming message boards you’re an MMA fighter, ex-special forces, dating an undiscovered super model and curing rare genetic disorders for fun.

[Moshots]

22-25% is a bigger number than 30%, apparently.

And no, the 'learn something' argument does fuck all because it just means people with engineering degrees end up working at Starbucks. These positions are in demand and they deserve better pay; it's economically beneficial to ensure that consumers can consume.

for some people in these uneducated jobs it actually is... when you make more an hour your more likely to waste money and then have a correction end up putting you behind....its been proven before that "for a lack of better term Uneducated" people making more money are more likely to waste that money and end up worse off than if they were making less due to the illusion of making more money.

also these jobs arn't "in demand" they are high turnover jobs that are used as a stepping stone . Good example I work at a pizza place now while i'm trying to find a bank job. I have a Associates degree in finance and should be making $12-14 an hour minimum as at least a Teller... But due to not being able to find one I work at a Pizza place for 9.25. Which to be honest I wasn't called back when I applied and was only called back a week later due to someone quitting.. (I found this out later that he hired 2 18yo's when I applied over me with a work history and a Degree) then hired me when one of them quit after a week.. Anyways My boss knows i'm there for 4-6 months Till I find a bank job... His next 2 hires after me due to us having 2 other people quit are 19 and 16.. There are a total of 2 of us in the store over 25 not counting the owner and his 2 daughters (the managers)

I mean isn't it the democrats way to want people to get real jobs? They destroyed our industrial jobs by sending them oversea's and told those people who were making decent 50k+ a year jobs that they now needed to get a trade/retire/find something else so why are we now trying to make that something else into working at a starbucks? Is this the democrats having 2nd thoughts on what they ruined?

[Sky High]

Which, again, is more than made up for by the increase in buying power.

Money can be exchanged for goods and services.



22-25% is a bigger number than 30%, apparently.

And no, the 'learn something' argument does fuck all because it just means people with engineering degrees end up working at Starbucks. These positions are in demand and they deserve better pay; it's economically beneficial to ensure that consumers can consume.

It really is baffling or rather telling how these people have to tie themselves into knots to explain away why giving more buying power to the consumer class is a bad thing.

We have a consumer based economy, and there is no debate on which classes in that economy actually PAY to keep it going.

I mean isn't it the democrats way to want people to get real jobs? They destroyed our industrial jobs by sending them overseas

Well that’s a hefty pile of bullshit to start the day.

[sixeph]

Logic and economics just don't mesh well.

But in the day and age where you have to look out for yourself, it doesn't surprise me.

Human greed is why socialism will never work for a sustained period of time. This works for everyone relative to their situation.

If you concern yourself with what others have you'll never be happy.

[Spiffums]

And the emperor said, let there be wage raises and one time bonuses.

My Pally needs that armor!!!

[Elegiac]

It really is baffling or rather telling how these people have to tie themselves into knots to explain away why giving more buying power to the consumer class is a bad thing.

We have a consumer based economy, and there is no debate on which classes in that economy actually PAY to keep it going.

It's not baffling when you consider that they are arguing from a viewpoint wherein wealth is a marker of personal virtue; in the sense that if you are poor, it is because you as a person are lazy or of bad character and don't deserve concessions.

[Themius]

Of the 60 announced closures, only 10 will become distribution centers.

- - - Updated - - -



If you read the first quote which was taken directly from the Walmart website, they specifically stated the reason for the changes if because of the tax reform.

Because it is a good line to say? they were losing people to target...