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Thread: Walmart workers demand better wages

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    Re: Walmart workers demand better wages

    Quote Originally Posted by ReformCollege View Post
    Yet, productivity in the long run produces jobs.
    Bingo, and not that long of a run, either. Switching from the horse and buggy to the automobile wiped out the buggy/whip industry, the blacksmith industry, the farrier industry.... and gave us the auto industry, the drive-through industry, and a dozen others only possible because of automation. Modern Luddites are no wiser than their forebears.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by randel View Post
    no, the union IS THE PEOPLE IN THE PLANT, WHO ELECT THEIR BARGAINING COMMITTEE. they negotiate a binding contract....do you have a problem with contracts? businesses use contracts with each other....
    Within the freedom to contract there is the freedom not to contract--something Walmart is availing itself of. Unions are not opposed to freedom are they?

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    No, that doesn't explain it. Not remotely.
    Umm... yes it does as demonstrated by the increase in compensation not only to CEO's but to knowledge workers across many industries?

    If a Widget Inc stock shelfer really did a great job in the 1980's and really did a great job in 2012; the effects haven't really changed that much. His value added to the company hasn't dramatically increased. In Contrast, the CEO's value-added (or detracted) has increased substantially.

    To draw out a still-shot; that excellent stock shelfer maybe brings the company an additional $25,000 than if they had not had a stock shelfer, which is $5,000 higher than if they had had a poor one. Ergo, it is meet that his compensation should be greater than $20K but less than $25K. A good CEO's competence, decision-making, and work, however, makes the company an additional $800 million, which is $250 million higher than they would have made with a poor one. By the same measure as we applied to the stockman, his compensation should be greater than $550 million and less than $800 million.


    Why isn't it fair for the stock shelfer and CEO to both be compensated commiserate with their value added?

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    Re: Walmart workers demand better wages

    Quote Originally Posted by cpwill View Post
    Umm... yes it does as demonstrated by the increase in compensation not only to CEO's but to knowledge workers across many industries?

    If a Widget Inc stock shelfer really did a great job in the 1980's and really did a great job in 2012; the effects haven't really changed that much. His value added to the company hasn't dramatically increased. In Contrast, the CEO's value-added (or detracted) has increased substantially.

    To draw out a still-shot; that excellent stock shelfer maybe brings the company an additional $25,000 than if they had not had a stock shelfer, which is $5,000 higher than if they had had a poor one. Ergo, it is meet that his compensation should be greater than $20K but less than $25K. A good CEO's competence, decision-making, and work, however, makes the company an additional $800 million, which is $250 million higher than they would have made with a poor one. By the same measure as we applied to the stockman, his compensation should be greater than $550 million and less than $800 million.


    Why isn't it fair for the stock shelfer and CEO to both be compensated commiserate with their value added?
    No, it doesn't. What you speak of would raise employee salaries, skilled workers, and not CEO pay, not at the level we're speaking of.

    They are largely over rated and need a sound work force, without show we've seen them fail. Interesting though that you'd try and make excuses for the foolish practice of overpaying them.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by haymarket View Post
    feel free to elaborate .....

    tell us how working at Wal Mart and getting a root canal is an enjoyable experience.
    Conflating the two makes his point. Congratulations.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Manc Skipper View Post
    you mean they were hired by someone who had a contract to supply Walmart.

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    Re: Walmart workers demand better wages

    There's a great barrack-room lawyer's response!
    Maybe if companies were required to do due diligence on their suppliers to ensure that the the same health and safety standards were applied as if they were in-country, then these things wouldn't happen.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by OpportunityCost View Post
    Respectfully disagree. Corporate social responsibility dictates that eventually any policy that is viewed neagtively by the public will cost sales and profit. I would say it has reached that point with Wal-Mart. They could engage in a pay step scale that doesnt leave employees in danger of losing raises faster than the minimum wage is raised in states. Wage compression is a very real issue in Wal-Mart and they ought to address it.

    Better employee wages also tend to make for better employee customers---something to consider.

    Last note: Wal-Mart is not the same company it was under Sam Walton and any employee that has been there since he was the boss will say as much. The company has changed considerably and while it is the largest employer in the US, its days are numbered---internet sales are going to dent Wal-Mart just as hard as they are other retail outlets. The reasons why someone shops will have as much to do with service and environment as they do with convenience and price in as little as 10 to 15 years. Wal-Mart would do well to examine their employment model closely, it wont last as it is forever.
    well the ultimate question is, that its up too walmart to choose,...not the workers, or government, and if walmart makes the wrong decision, and they lose shoppers and money, that is how the market works.

    but anybody who seeks to intimidate their employer, and make demands, will not find a friend in the most of the American people.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Manc Skipper View Post
    There's a great barrack-room lawyer's response!
    Maybe if companies were required to do due diligence on their suppliers to ensure that the the same health and safety standards were applied as if they were in-country, then these things wouldn't happen.
    how is that going to happen? does the USA have jurisdiction over working conditions in Bangladesh?

    maybe if those workers all had wings they could have flown away from the fire

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    Never met a union boss. Instead, I see high CEO salaries and worker pay being stagnet or decreasing. Benefits decreasing. Not sure how you scape out an argument that unions are destorying things under these conditions.
    Ask the 18,000 people that lost thier jobs due to Hostess having to liquidate. Hostess warned them that if they didn't get back to work then Hostess would be forced to liquidate the entire company. Yet the union bosses continue on ignoring the warning.

    And the only reason that you keep hearing about CEO's salaries is because of the sense of entitlement that so many people have now adays. The belief that they are owed something that they do not deserve or work for.

    And this is coming from someone who gets paid $9.25/hr. Wife makes 7.75/hr (even after 12 years of working in the same place) and has a boss that doesn't give her full time hours just so he can get a bigger bonus every quarter. Yet you don't see me demanding that my boss pay me more or I will strike do you? (i don't strike) And while I was on foodstamps for awhile as soon as I got a job I got off of them. Just called them and told them to cancel without even checking to see if I could still qualify for them. And yet despite all this I am STILL living quite comfortably. Got a roof over my head, food on the table, heat, clothing and a fully insured car.

    These people and those like them don't need more money. They need to start taking responsibility for thier own actions and attempt to make themselves worth more instead of just demanding what they think they are owed.

    Sorry but I have no sympathy for anyone that demands more and expects it to be given for no real reason.
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