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Old 12-12-2014, 09:59 PM
 
Location: Pine Grove,AL
24,989 posts, read 12,753,698 times
Reputation: 4641

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Quote:
Originally Posted by BentBow View Post
It just depends which Walmart...

To start here, Walmart is paying $15 and hour with full benefits and a 401K.
Double the states minimum wage law.
401K is pretty much standard, the 15 dollars however is amazing, Is this a regular wal Mart or is this a Neighborhood Wal Mart, and is it just an associate position starting off, or is it like a Pharmacy tech, or Wine Associate ????
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Old 12-12-2014, 10:02 PM
 
Location: Pine Grove,AL
24,989 posts, read 12,753,698 times
Reputation: 4641
Quote:
Originally Posted by afoigrokerkok View Post
"Can" doesn't mean "will."
Again, thats my point. The thread itself was about there not needing to be a law, but what if the retail titans all got together and decided that they would drop all new pay down to minimum wage ????

Quote:
Also, are you not aware that people spend less (though perhaps not at Walmart) when the economy is worse?
im obviously missing something, what does that have to do with wages ?

Studies show that cost in wage increases are offset by more productive workers.
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Old 12-12-2014, 10:14 PM
 
Location: Texas
14,969 posts, read 14,828,614 times
Reputation: 4573
Quote:
Originally Posted by dsjj251 View Post
im obviously missing something, what does that have to do with wages ?

Studies show that cost in wage increases are offset by more productive workers.
If they are making less, they will not be able to pay as much.

As far as increased productivity, that's great but some people will have to be laid off.
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Old 12-12-2014, 10:21 PM
 
11,087 posts, read 7,456,991 times
Reputation: 6386
Does this mean the leeches will finally get real jobs?
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Old 12-12-2014, 10:29 PM
 
Location: Stasis
15,834 posts, read 10,780,409 times
Reputation: 8571
No word yet on how much starting wages will be above minimum wage.
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Old 12-12-2014, 10:30 PM
 
Location: Montréal & New York area
527 posts, read 605,372 times
Reputation: 338
Walmart has not payed at least $10/h already?! Disgusting corporation!!
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Old 12-12-2014, 10:38 PM
 
Location: Pine Grove,AL
24,989 posts, read 12,753,698 times
Reputation: 4641
Quote:
Originally Posted by afoigrokerkok View Post
If they are making less, they will not be able to pay as much.

As far as increased productivity, that's great but some people will have to be laid off.
Wal mart sales increased every year.

increased productivity means more sales, less theft, less broken merchandise, faster processing.... in other words, no, they wouldnt be laid off because they OFFSET the pay increases by being better workers and making the company more money.
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Old 12-13-2014, 07:08 AM
 
Location: Texas
14,969 posts, read 14,828,614 times
Reputation: 4573
Quote:
Originally Posted by dsjj251 View Post
Wal mart sales increased every year.

increased productivity means more sales, less theft, less broken merchandise, faster processing.... in other words, no, they wouldnt be laid off because they OFFSET the pay increases by being better workers and making the company more money.
Yes, less theft will lead to them being able to pay, what, billions more a year? Not to mention I think Walmart is already excellent at catching shoplifters.

What they can pay will always fluctuate and unskilled and uneducated labor is never going to be so productive. If working at Walmart becomes more attractive, then perhaps they will have a more productive workforce. But it would still mean fewer employees (or higher prices).
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Old 12-13-2014, 07:16 AM
 
79,571 posts, read 37,101,319 times
Reputation: 16155
Quote:
Originally Posted by dsjj251 View Post
The bold is exactly my point, the market said for years that wal mart could get away with sub 8 dollar wages.

At one point, when jobs were scarce, they could pick and choose who to hire. The market no longer allows that, but they will still be paying less than their competitors.
Which will be their problem. If Store B is paying more Wal-Mart will have high turn over as people leave there to go to store B when they hire.

Whether they can live with the high turn over is their problem, not mine.
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Old 12-13-2014, 07:32 AM
 
20,524 posts, read 13,860,602 times
Reputation: 5919
Quote:
Originally Posted by nvxplorer View Post
Wal-Mart must be a job killing company. And, of course, now a bottle of dish soap will cost $20.
Uh; here in Bullhead City; I DON'T buy most of my food at Walmart anymore because places like Smiths are cheaper even tho Smiths pays their people a lot more.
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