Wal-Mart has a legendary reputation for cutting costs. The Behemoth from Bentonville would like you to believe that they're willing to do absolutely anything to ensure that their products are the lowest price possible. For the most part, its true. To keep prices down, Wal-Mart gladly squeezes its food suppliers, even when they're reeling from high fuel costs, exploits its workers in the United States, and sources most of its products from sweatshops in China, where workers endure subhuman conditions.
However, there is one area where Wal-Mart refuses to cut costs and where, in fact, Wal-Mart is more spendthrift than any other company in the Southeastern United States. That, my friends, is executive compensation. According to a recent report from the Associated Press, Wal-Mart CEO Lee Scott earned $29.7 million in total compensation last year, more than any other CEO in the Southeastern U.S. According to their official figures, full time Wal-Mart associates make, on average, $10.84 per hour, or about $19,000 a year (Wal-Mart considers 34 hours a week to be full time). Thus, Lee Scott earned a whopping 1,551 times the average Wal-Mart employee in 2007. Yikes! In comparison, the average American CEO made $10.8 million last year, or 364 times that of the average American worker, according to the Institute for Policy Studies.
Wal-Mart has been resorting to numerous publicity stunts recently to revive its sagging reputation, including the announcement of a new logo. If they really want the public to see them as something other than the ultimate symbol of corporate greed, Wal-Mart could begin by reducing the unconscionable gap between Lee Scott's salary and that of the average Wal-Mart worker. Until they do so and until Wal-Mart truly changes its business model and becomes a better employer, the American people will continue to see it for what it is: an irresponsible colossus with a fancy PR machine.
Posted by James - July 1, 2008 03:27 PM - In The News
YES! It is outrageous but you are comparing his 'salary' to the average WalMart employee while you compare the 'average CEO' to the 'average American worker' who I would guess makes considerably more than the 10.84 an hour WalMart employee. I could give a crap less about WalMart but if you are going to rake someone over the coals try comparing oranges to oranges...
The real travesty in this world is that my mother is a preschool teacher and has one of the most important jobs a person can have and I make as much as she does in my inventory job. If you want to talk about how shady business practices are then you should take a more global view. WalMart isn't any different than any other large business in this country. A company gets so big it loses it's grip on reality and reason and the average american buys into it because we are a society built on convenience and whatever is easiest.
As long as women feel justified in their existences by spitting out children who will someday need a job places like WalMart will continue to dominate society because WE lost our grip on reality and reason a LONG TIME AGO....we the people are not victims...we are the accomplices to these heinous crimes and I guess now we are being punished by the machine we helped to create.
Posted by Danny - July 3, 2008 11:20 PM
If I worked at Wal-Mart again I would but, the squeeze on
them and stage a 15 minute walk out....And do it on one of the busiest day of the month or week....
And all so would make sure the media was there....
Plus news paper reporters......
And supporters outside......no union on company grounds...meet off site if you want but, not there.....
they won't do anything knowing there Image will
look even worse than it already is......
Trust me...but, you will have to make sure you have plenty of wittiness.......out NO getting out of control....
make your statement as to want you what...I would have a organizer....to speak
...what would they be gaining to fire you all.....
...they need employees to keep stories up and running........employees have the upper hand....
I would make it very clear as to what my ( the stories ) demands are.... and what you want......
There are more of you,
than Manager's and Board Members...
I am 100% behind you ALL....go for it....
Posted by Marsha - July 6, 2008 08:54 PM
I agree with Danny.
I am a preschool teacher. My husband own/operates a college basketball scouting service.
The society we've created is a monster, we are the villians, our children are the victims.
I work hard planning lessons, teaching, and trying to love these kids, encourage them, and just be really positive. Everyday is a new challenge. I love being a teacher and would not trade it for anything.
However, my husband works with these high school and college coaches. Even some HS coaches in TX make over 80,000... just to coach?
Not to mention pro athletes, movies stars, etc.
We screwed ourselves when we put a higher value on them.
Posted by Jessica - July 31, 2008 02:53 AM
Sent to the Wal Mart customer service email. Wish I had an email address for the CEO. I will send as a letter.
---
I just read a disturbing article about your corporation asking your store management to lobby against the Democratic presidential candidate, Barack Obama. I worked in retail management for 21 years. You are doing yourselves and your country a disservice by being so draconian and short sighted as to think that having a Republican (especially a warmonger like McCain) for president will help you treat your employees as badly as you do. First, you cannot treat employees the way you do and expect to get away with it. (I worked at Wal Mart at one time.) Second, mixing business and politics this way is a bad idea. I am now boycotting Wal Mart, and I was a fairly loyal shopper in the past. But, as of today I will not set foot in your stores. What will you do if Obama suggests to his grassroots following that they boycott Wal Mart? Think the lack of business in an already dismal economy will offset the horror of having unions in your stores to protect the workers interests? Even if Obama takes the high road, as I suspect he will, and doesn't ask people to bboycott you, many will anyway. Because the only way corporations hear the public is through dollars.
Good luck.
Christine Amaryllis Haskell
Leander Texas
Posted by Christine A. Haskell - August 1, 2008 10:33 AM
Wal-Mart, in my opinion, has gone from a company that truly cared about it's employees, to a company that cares only about money.The way they treat their employees today is truly a travesty.Employees are pushed way beyond their limits,while poorly trained managers stand around and refuse to roll up their sleeves and get dirty.They seldom listen to what their own associates have to say.And they are ever so famous for creating their own dilemas.Accountabilty,practice what you preach....Learn to listen,your associates know more than you think.........
Posted by Bryan - August 4, 2008 12:48 AM
I found this blog while searching recent news on the Big Bad Wolf (Wal-Mart to those of you who think so). It did not take me long to laugh out loud and shake my head. If people would stand up and take notice that some of those that complain they are treated unfairly by WM are actually compensated fairly for their personal value it would be uplifting. A person who actually wants to work hard, dedicate some time and effort to their workplace, can go further within in WM than any other major contender in the market place. It is those that have little education, little drive, very little commitment and on more than one occassion no self respect that do the most complaining. I have personally witnessed the lazy female call for a "male" associate for assistance. Not for any other reason than she was too lazy to do the job. I know this for a fact....I had the audacity to ASK!!!
Then reading this I come to the post from the past WM associate Marsha! Had to laugh here, even with spell check on her computer she could not put a correct post together.
Why is it only in America do the workers think they are entitled to higher pay for inadequate work? If this attitude does not change our welfare rolls will climb even higher. Lets face it, if it were not for companies like WM imagine where the welfare rolls would be right now!
If you want more money, work harder, get off your bum and step up when mgmnt needs you, quit passing off your work to co-workers, smile a little, act like you know what you are being paid to do and do it with smile. You may just find out someone is paying attention!
Posted by WMVloving life - August 6, 2008 05:23 PM
WMVloving life,
I cannot understand why you so utterly despise America's working families. I would really appreciate it if you and many others who comment on this blog gave American workers some credit for their world class work ethic rather than going on hateful and uninformed diatribes about how lazy American workers are, how too many of us believe we are "entitled" to all sorts of benefits that we don't deserve, and how we just need to work a little harder and maintain good hygiene and we'll instantly reach towering heights of wealth.
Your comment, "Why is it only in America do the workers think they are entitled to higher pay for inadequate work," is utterly baffling. Have you ever read a news story about workers in Europe? Take France for instance. They have a 35-hour work week, 5 weeks of government-mandated paid vacation, and they regularly go on strike against everything from privatizations to government plans to eliminate even a single paid holiday from the French calendar. Oh and college is free or basically free in most European countries. Americans, in contrast, work longer hours than workers in almost any other industrialized country (excluding Korea and Japan, I believe), have no guaranteed vacation days, no guaranteed health care, and no paid maternity leave. Further, the cost of health care, education, transportation, and food are all skyrocketing out of control and there are no government controls or legitimate government efforts to control these costs. Nonetheless they suck it up and go to work every day, sometimes working two jobs just to make ends meet. And despite their best efforts, wages stagnate and continue to fall behind productivity growth. The productivity growth, by the way, for which American workers are responsible.
Why can't you recognize this? When are people like you going to realize that your objectivist free market paradise only exists in fiction novels and wake up to reality?
Posted by Hope for the Future - August 7, 2008 10:36 AM
I want to say this, as the boyfriend of a girl who works for your company. I watch everyday how it takes a toll on her and how shes not truly appreciated for her efforts at work. Her managers are lazy, believe the customers irregardless of the circumstances and refuse to help when needed. I've been involved in customer service most of my working career, and I can tell you now WALMART that the customers, while they do provide sustenance to your machine, ARE NOT ALWAYS RIGHT, MORE OFTEN WRONG!
Let me tell you something else. I can remember when Sam Walton was alive and well and Walmart door greeters were happy to be there, hell we had the same one in our store for years upon years. He was an elderly gentleman who loved his work. Now, the Supercenter has come to town. We had people who took vacations to be there and see it open. How INSANE!
Walmart, you have got to begin treating your employees better, because if you don't you won't have anyone to run your stores anymore. Remember, what you do today will affect you years down the road.
Posted by bigdaddy777 - August 24, 2008 01:21 PM
I need to know why my 18 year old son, graduated high school this year started his first job with walmart. Ended up injuring himself and caused a Hernia, which had to be surgically repaired. Walmart workers comp. says it was not their responsibilty. though my son was perfectly healthy when he started with the Company. Thank God I have Blue Cross/Blue Sheild. I have tried every legal thing I could to make this company take responsibillity for this situation.
Posted by Shearee Frison - September 15, 2008 07:19 PM