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Thread: Walmart workers demand better wages

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    Re: Walmart workers demand better wages

    Quote Originally Posted by j-mac
    Stand the sight of them? Hell, I like WalMart. Because of them, I am able to have things I couldn't afford otherwise. My standard of living is better with them than without. They employ my son as he works his way through collage, and likes his job. Because of that he can afford to have a pretty nice car, and spending money to take his girlfriend out, plus contribute through his purchases to the economy.

    They are building a more local store closer to my home here, and I can't wait until they complete it because you know why? Along with that there is a strip mall going in with it to provide space to localized businesses that can benefit off of Wal Marts traffic. Mom and Pop's aren't failing solely because the big bad Wal Mart came to town, no, they are failing because they refuse to update their business models and go to where the shoppers are.
    I'm glad your son likes his job, and I wouldn't say that every employee there probably hates his job. However, when I go into Walmart (yes I do shop there, pretty much by force), I don't see people making eye contact with you, being cheerful and friendly, and promoting great service. They drone on like zombies. They're there to do a job you could train a monkey to do, for a pretty low wage. I for one don't blame them for being less than exuberant when I go in there. I expect them to help me, to provide services needed for my shopping experience, and for them to make inane well-wishes. However, I don't go in there with the expectation of smiling faces and people bending over backwards for me.

    Those supercenters with stores in it are not impressive. Woodforest Bank is essentially the subprime version of today's banking, catered to today's fast-food mentality. I imagine that many of the "independent" stores who operate on Walmart soil are essentially dancing with the devil.

    Here in the semi-rural south, Walmart has monopsony power anywhere it's put down. If you were to take away Walmart from the local city around where I live, it would devastate the community. I'm not a big fan of that.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Utility Man View Post
    Seems strange that $53(80% tax free?)a day lessens your taxable income by 13k a year.

    But I am not a tax guru either.
    I am driving around 250 days a year....What is so strange about that?
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Gipper View Post
    Not to the level that Walmart is. Now, I'm aware that the SBA and other government organizations exist to help businesses get off the ground, but once you get to a certain point, you're cut off. Walmart is far beyond that point.

    They're also a big union target because they essentially ask for it. I've seen Walmart recruitment and employee training videos, and I've met many employees. I've never seen a company work so hard to prevent unions. Hell, I...well, we'll say "dated" for politically correct purposes...a girl who said that she was hanging out in the parking lot after hours with a couple other employees. They were smoking, chit-chatting, just carrying on like normal people do. Apparently a manager saw this on tape and called Bentonville to the HQ (as required by company policy) and reported it as "union creation activity". Apparently a few weeks later, some stuffed shirt flew in from Arkansas and droned on some anti-union rant. Seems like slight overkill for such a situation, but the vitriol Walmart has against unions is bordering paranoia. It makes me wonder why they're against it so much.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by MaggieD
    Their profit margin is 24% of gross sales.
    A 24% profit margin is massive. Massive.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Gipper View Post
    A 24% profit margin is massive. Massive.
    Their quarterly margin (current) is 3.19%. Target is 3.76%. Wal-Mart Stores Profit Margin Quarterly (WMT)
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    Re: Walmart workers demand better wages

    Quote Originally Posted by j-mac View Post
    I am driving around 250 days a year....What is so strange about that?
    .

    Nothing....Sorry about that.

    My bad.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Utility Man View Post
    Seems like it might be more efficient to just pay workers higher wages in the first place, rather than have the rest of us pay higher taxes to make up or it.
    You're not going to pay lower taxes, even if these people didn't qualify for social aid.
    Besides the idiotic belief that Walmart causes people to go on social aid.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Gipper View Post
    A 24% profit margin is massive. Massive.
    From what I understand there are companies out there with 42% profit margin. (one of them being an aussie bank iirc)
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Gipper View Post
    I'm glad your son likes his job, and I wouldn't say that every employee there probably hates his job. However, when I go into Walmart (yes I do shop there, pretty much by force), I don't see people making eye contact with you, being cheerful and friendly, and promoting great service. They drone on like zombies. They're there to do a job you could train a monkey to do, for a pretty low wage. I for one don't blame them for being less than exuberant when I go in there. I expect them to help me, to provide services needed for my shopping experience, and for them to make inane well-wishes. However, I don't go in there with the expectation of smiling faces and people bending over backwards for me.

    Those supercenters with stores in it are not impressive. Woodforest Bank is essentially the subprime version of today's banking, catered to today's fast-food mentality. I imagine that many of the "independent" stores who operate on Walmart soil are essentially dancing with the devil.

    Here in the semi-rural south, Walmart has monopsony power anywhere it's put down. If you were to take away Walmart from the local city around where I live, it would devastate the community. I'm not a big fan of that.
    Perhaps the things you see and perceive at your local Walmart are limited to your area of Ala-f'n-bama.

    I don't see the kinds of attitudes you describe at my local Walmart and the bank in mine is a branch of a well-established Credit Union that is based at the local Army fort...which stands to reason since a lot of the customers at my Walmart are military.

    At my store, I'm always asked by the staff if I need any help with anything. It actually kind of bugs me sometimes, so I asked one guy about it. He told me they have a company policy they call the "eight foot rule", I think. Anyway, it means that if a customer comes that close to them they are to smile and ask if any help is needed. Could be your local store doesn't follow that rule.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by MaggieD
    Their quarterly margin (current) is 3.19%. Target is 3.76%. Wal-Mart Stores Profit Margin Quarterly (WMT)
    Ahhh...yeah, that seems a little more like I expected, unless I read the original post wrong. Retail stores won't operate on high profit margins because their products are not differentiated. For the most part, generic labels are just as good as the commercial brands.

    I think that Target also gets a little screwed because Minnesota is a really bad state to incorporate, whereas Arkansas is one of the better states. I doubt that was a driving force behind either establishment, but just saying. There are other factors that could easily contribute to the difference in profit margins. The obvious one is "it's not like Target isn't getting federal cash either", as well as the percentage of Targets that are stocked as full grocery stores as compared to Walmart, and plenty of others too numerous to list.

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