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Thread: Walmart workers demand better wages

  1. #431
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    Re: Walmart workers demand better wages

    Quote Originally Posted by ttwtt78640 View Post
    Name one direct competitor of Walmart (e.g. Target, Kmart and etc.) that has gone this union labor route or offers significantly better pay/benefits. Remember that Walmart is a high volume, discount store, not a high end outlet that has a huge mark-up or profit margin.
    The competitor dosen't go the union route, the workers do, and the examples I would give are retail workers in europe, that are more Unionized.

    Also Walmart, as I said before, could raise everyones wages 30%, and change nothing else and still be profitable.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by RGacky3 View Post
    The competitor dosen't go the union route, the workers do, and the examples I would give are retail workers in europe, that are more Unionized.

    Also Walmart, as I said before, could raise everyones wages 30%, and change nothing else and still be profitable.
    Nonsense. Walmart cannot unilaterally raise its wages by 30% and remain competitive within its market. You obviously misunderstand what constitutes a discount retail outlet. Walmart's net profit margin is now about 3.5%, and I am sure that labor costs are more than 10% of its operating expenses.

    See link: Wal-Mart Stores Inc. (WMT) | Profitability
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    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Walmart workers demand better wages

    I know this isn't a direct competitor, but how about Costco? I hear they pay better.... If they have a different philosophy that works for them and for the employees, certainly that is their choice.
    From what I see of WalMart employees, there are a lot of them who would never get hired anywhere else based on age alone. They need a job, Walmart gave them a job, but in no way is Walmart supposed to create a parallel nanny state to do what the government is already doing and that probably shouldn't be done anyway. The more you take care of people, the less motivated they are.
    I can see that in my younger brother, the proverbial baby of the family, and I know several people who have the same baby in their families.
    God help the USA if we were to substantially increase our percentage of "babies" further than it is already.
    Those who can't take care of themselves, we should help.
    Those who just don't want to take care of themselves, need to be kicked in the butt.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by RGacky3 View Post
    The competitor dosen't go the union route, the workers do, and the examples I would give are retail workers in europe, that are more Unionized.

    Also Walmart, as I said before, could raise everyones wages 30%, and change nothing else and still be profitable.
    The competitor does go the union route if the employees force the issue, it just isn't by management's choice.
    The only thing I see some of these stores doing that seems unfair is the minimizing of full time workers by hiring so many part time workers.
    If a person comes in looking for part time, wants part time, fine for everybody.
    Health care and retirement benefits should not be provided by the employer. They should pay the employee what those benefits cost the company, and let the employee decide where he gets his or her health care and retirement plans...that way the employee owns the plan, instead of the company owning the plans....
    Oracle of Utah
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Kal'Stang View Post
    Actually they don't need "you". They just need someone to do the job. And there is always someone willing to work that job at the pay they offer. If there wasn't then they would just increase the pay rate until someone did take the job. That's how the market works.
    Sure, you can create a situation where people will work for low, low wages. See the rest of the world. But again, is that desirable? We enjoy a high standard of living. We can lower that. Sure. But that too has consequences.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Your Star View Post
    Easy to say since jobs today are so ****ing plentiful
    Indeed. It would seem that labor at current is more expensive than it is often worth. So our solution to this is to make it more expensive?


    Didn't anyone else notice that Wal-Mart and everyone else started adding in all those self-check-out lines after Congress last raised the minimum wage?

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    Sure, you can create a situation where people will work for low, low wages. See the rest of the world. But again, is that desirable?
    Since the option is not to work at all, absolutely.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by cpwill View Post
    Indeed. It would seem that labor at current is more expensive than it is often worth. So our solution to this is to make it more expensive?


    Didn't anyone else notice that Wal-Mart and everyone else started adding in all those self-check-out lines after Congress last raised the minimum wage?
    i don't use them personally if i can avoid it.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by randel View Post
    i don't use them personally if i can avoid it.
    I'm sure that's nice for you. But for lower-income families like mine, Wal-Mart was a huge saver.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    Sure, you can create a situation where people will work for low, low wages. See the rest of the world. But again, is that desirable? We enjoy a high standard of living. We can lower that. Sure. But that too has consequences.
    the consequences will be people will only be able to afford the basics(if that)...there will be no ependable income, businesses will go belly up because people have no income to spend on 'extras'....more people on the dole, more bitching by those on the right about 'entitlements', more bitching about unemployment benefits...oh joy.....

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