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Thread: Walmart workers demand better wages

  1. #141
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    Re: Walmart workers demand better wages

    Quote Originally Posted by grip View Post
    Why can't they take a little less profit and not increase prices, which would make them less competitive and cost them more profits.

    Just seems too me a little less could add to more eventually.
    Their net profit margin is a bit over 3%.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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  2. #142
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    Re: Walmart workers demand better wages

    Quote Originally Posted by grip View Post
    But if the 5 billion increase staved off unionization wouldn't that save their profits?
    Well, honestly? (I said this earlier or on another thread....) If I were WalMart? I wouldn't raise salaries one iota over market demand right now. As long as the union has a bulls eye on WalMart, management would be foolish to pay one dime more than market forces demand...since unionization will undoubtedly result in significant increases in pay. Pay and other costs associated with unionization. I'd say they're between a rock and a hard place right now.
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  3. #143
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    Re: Walmart workers demand better wages

    Quote Originally Posted by grip View Post
    Why can't they take a little less profit and not increase prices, which would make them less competitive and cost them more profits.

    Just seems too me a little less could add to more eventually.
    It's called a fiduciary responsibility....You need to learn how a publicly held company is operated.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by haymarket View Post
    A monopoly on labor? That is silly. The labor at Wal mart is NOT what customers shop there for. What does walmart sell that you cannot get elsewhere?
    Walmart could only buy labor from said union.
    It most definitely is, a labor monopoly.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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  5. #145
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    Re: Walmart workers demand better wages

    Quote Originally Posted by grip View Post
    Why can't they take a little less profit and not increase prices, which would make them less competitive and cost them more profits.

    Just seems too me a little less could add to more eventually.
    If they take less profit, fund managers buy other stock.
    “Tyranny is defined as that which is legal for the government but illegal for the citizenry.”
    ― Thomas Jefferson

  6. #146
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    Re: Walmart workers demand better wages

    Quote Originally Posted by MaggieD View Post
    Well, honestly? (I said this earlier or on another thread....) If I were WalMart? I wouldn't raise salaries one iota over market demand right now. As long as the union has a bulls eye on WalMart, management would be foolish to pay one dime more than market forces demand...since unionization will undoubtedly result in significant increases in pay. Pay and other costs associated with unionization. I'd say they're between a rock and a hard place right now.

    nah, There is no rock.....Unions are at their lowest participation in history in the US. They are irrelevant.
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  7. #147
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Aberration View Post
    If they take less profit, fund managers buy other stock.
    Not if it stabilizes a companies future and shows a real positive PR campaign.
    Einstein, "science without religion is lame, religion without science is blind."

  8. #148
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    Re: Walmart workers demand better wages

    Quote Originally Posted by grip View Post
    What's that got to do with my question?
    It reduces total take home profit and if you eliminate the dividend, there's gonna be problems.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by haymarket View Post
    A monopoly on labor? That is silly. The labor at Wal mart is NOT what customers shop there for. What does walmart sell that you cannot get elsewhere?

    Groceries up 40%, Gas up 110%, Durable goods up 40%......etc...How much expendable income do you have?
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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  10. #150
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    Re: Walmart workers demand better wages

    Quote Originally Posted by MaggieD View Post
    Well, honestly? (I said this earlier or on another thread....) If I were WalMart? I wouldn't raise salaries one iota over market demand right now. As long as the union has a bulls eye on WalMart, management would be foolish to pay one dime more than market forces demand...since unionization will undoubtedly result in significant increases in pay. Pay and other costs associated with unionization. I'd say they're between a rock and a hard place right now.
    You know what happen to the greedy boy who took all the cookies out of the jar? He got sick.
    Einstein, "science without religion is lame, religion without science is blind."

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