New Policy Results in Wage Freezes
Business Week reports on what Bentonville has been hesitant to admit: Wal-Mart's new "Pay Hikes" result in wage freezes for many workers. Furthermore, employees at the top of their pay range will see the value of their wages go down every year, as they will be ineligible for cost-of-living adjustments.
"There's no talk here about any raises, and no one here has gotten a raise. All they've talked about are the caps," says Rosetta Brown, who works at Sam's Club, the warehouse club division of Wal-Mart Stores, in Cicero, Ill.Read the full article.
Posted by Matthew - August 14, 2006 10:28 AM - Notes From The Road