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Thread: Walmart Gives 500,000 Workers A Raise

  1. #261
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    Re: Walmart Gives 500,000 Workers A Raise

    I have zero problem with a company raising it's workers' pay.

    I have a problem with governments forcing them to do it.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by justabubba View Post
    actually what happens is those might be items they put on sale to get off their shelf but those are also discontinued items. IE walmart won't carry them anymore
    and they want them gone.

    however while they might have a few items like that the majority of them are not otherwise they would lose money not make it.
    but they don't care about items they discontinue they are not restocking.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by DA60 View Post
    I have zero problem with a company raising it's workers' pay.

    I have a problem with governments forcing them to do it.
    the major problem I have with the govt dictating wage floors is that it's extremely arbitrary and not dependent on labor market value whatsoever.
    MW can be 10 bucks an hour, or 200 bucks an hour.... both are legitimate wage levels as per the standards we employ to set them... there is simply no formula or standards to set the wage levels.
    it is very much dependent on the whim of the sponsor of the MW bill to set the wage floor " meh..10 bucks an hour sounds good to me... that's what i'll write in."

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by ludin View Post
    actually what happens is those might be items they put on sale to get off their shelf but those are also discontinued items. IE walmart won't carry them anymore
    and they want them gone.

    however while they might have a few items like that the majority of them are not otherwise they would lose money not make it.
    but they don't care about items they discontinue they are not restocking.
    obviously, you have no idea what constitutes a loss leader
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Thrilla View Post
    the major problem I have with the govt dictating wage floors is that it's extremely arbitrary and not dependent on labor market value whatsoever.
    MW can be 10 bucks an hour, or 200 bucks an hour.... both are legitimate wage levels as per the standards we employ to set them... there is simply no formula or standards to set the wage levels.
    it is very much dependent on the whim of the sponsor of the MW bill to set the wage floor " meh..10 bucks an hour sounds good to me... that's what i'll write in."
    which minimum wage floor was found to have been in error?
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by justabubba View Post
    which minimum wage floor was found to have been in error?
    none... you can't determine error if you have no standards or formula.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Thrilla View Post
    none... you can't determine error if you have no standards or formula.
    then it seems like the system is working properly
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by justabubba View Post
    then it seems like the system is working properly
    well, in a way you are right.. if you have no standards or formula to fix wage levels, any wage levels you set can be said to be proper.

    10 bucks and hour.. 200 bucks and hour... 1000 bucks an hour.... all proper.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by justabubba View Post
    obviously, you have no idea what constitutes a loss leader
    you obviously have no idea what walmarts business is, or how it operates.
    their sales is based on volume. so businesses that want to sell their items in walmart have to sale at a very big
    discounted price. walmart then buys those items and sells them for a bit under retailer or close to it.

    however their model might have some losses here and there they are most items they want to get rid of.
    that is why they are put on the discount or clearance racks.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Thrilla View Post
    well, in a way you are right.. if you have no standards or formula to fix wage levels, any wage levels you set can be said to be proper.

    10 bucks and hour.. 200 bucks and hour... 1000 bucks an hour.... all proper.
    There is a reason they can't actually define their argument, and it stems from the fact that they don't know.
    they expect a bag boy to make 20 bucks an hour since to some that might be a living wage.

    yet they can't justify a bag boy making that much money.

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