Monday, February 22, 2010

Wal-Mart and Wages


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A Substantial Number of Wal-Mart Associates earn below the federal poverty line
· In 2008, the average full time Associate (34 hours per week) earns $10.84 hourly for an annual income of $19,165. That’s $2,000 below the Federal Poverty Line for a family of four.
· Last year, Wal-Mart CEO Lee Scott earned $29.7 million in total compensation, or 1,551 times the annual income of the average full time Wal-Mart Associate.

Wal-Mart Associates don’t earn enough to support a family

Wal-Mart wages are not “designed” to support a family

Wal-Mart can afford wage increases

Wal-Mart’s wages are lower than other retail wages

But no incentives to their employees...

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