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Listen, the world needs ditch digger's, too. I get it. However, I believe this all boils down to what is a fair rate of pay for these customer service positions? If you don't want people on gov't assistance, you must pay them more to feed and clothe their families. If you're happy with the status quo, then things stay the same- BUT you are not allowed to complain about people on gov't assistance.
Not everyone has the ability to achieve higher education, be it intellectual, financial or just no life plan. That's okay, but don't expect to live the high life running the cash register at Walmart. Walmart and the rest will always be the winners in these discussions, the lowest on the food chain have no lobbyists in DC.
They typically end up about 3-4% OPERATING profit. That is subpar.
You copied a crazy post which talked about GROSS profit. Gross profit is not the BOTTOM line.
Wal*Mart's profit margin is 3.77% as of 11/15/13. It's not a lot, but I don't think I'd call it sub par - compared to other companies in their industry, they're actually making more than their competitors [CVS (3.56%), Costco (1.96%) and Kroger (1.61%)].
All that said, you're right when you mention people bashing Wal*Mart without understanding what the hell they're talking about. They're just good little soldiers, reciting the false information they've been told to recite. What's sad is that those people generally think that they're the "intellectual" group, and they see themselves as morally, ethically and intellectually superior to anyone who disagrees with them, because they incorrectly assume that they understand what they're talking about.
If they cannot afford to pay enough to keep their workers off of Medicaid and Food Stamps then maybe they should consult with me and other taxpayers that are picking up the tab for these things at their next board meeting. I also have a bone to pick with them concerning the taxes they don't pay...
You're not on the board, are you?
No?
Then don't expect an invitation to any board meetings.
But what you CAN do is buy some of their stock, and voice your concerns at a shareholder meeting.
I have to wonder why Burger King, K Mart, Popeye's Chicken, Jiffy Lube, KFC, Goodyear Tires, Tires Plus, Taco Bell, The Golden Corrale, Red Lobster, and about 30 more aren't on a list of 50?
Almost anyone making less than 10 bucks an hour qualifies for EBT or SNAP.
Taco Bell, Pizza Hut and KFC are owned by Yum! Brands, which is on the list.
Productivity increases in the past two decades have been almost 100% due to business owners investing in technology. When Home Depot installed self checkout lanes they invested their own money in technology. The workers didn't invest and the workers didn't improve their productivity.
Most manufacturing jobs in the 70's were basically unskilled labor, but the workers were paid fairly, the companies turned a profit, and both groups contributed to country by paying taxes.
That was good for the 20+/- years it lasted.
One could hang onto the lower rungs of middle class in some no/low skill manufacturing jobs, back then before global competition. The rest of the world was not willing to pay a premium for U.S. goods just to sustain middle class jobs, in the U.S. Then U.S. consumers did the same.
Interestingly, today's no/low skill jobs require more skill than some of those former manufacturing jobs, given those employees did not have to deal with the oftentimes whacked out general public who insist their McDonald's burger be cooked rare or there is hell to pay.
Well, I'll tell ya, as a child I looked forward to working at places like this....but not as a career.....
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