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Walmart is not the only low-paying retailer. In fact, Walmart pays significantly more than many other retail stores.
As for those who moan about the long-lost "mom and pop" retailer days, I worked in a mom and pop store (ha! literally, everyone called it Mom and Pop's...it was a miniature grocery/convenience store) about five years ago. Guess how much I got paid? $8.00 an hour.
Agree that some retailers pay less. I know the goodwill down the street from my apartment pays $8 an hour but every employee that works in that store is guaranteed 40 hours a week. I heard about 40% of walmarts workers only get part time hours. I think $9.50-10 an hour would be doable if Walmart guaranteed each employee full time hours but if they do that they probably have to lay off some workers. I am sure Walmart employees are thankful for their $1 raise back in April but a lot of the workers probably don't even get 30 hours a week. I remember working at target back in college and the staring wage was 8.50 an hour and 70% of the workers were part time. It was rare to see a full time cashier, sales associate, or stocker. Only management and team leaders were actually full time workers. I guess the wage is not so much the issue, it is the amount of hours they give them.
Last edited by Poor Chemist; 07-13-2015 at 10:54 AM..
According to glassdoor Costco's average cashier makes $16 an hour but Walmart cashier makes $9.50 an hour. Walmart has more capital, has more revenue, and makes more profit than Costco. How can Costco afford to pay almost double what Walmart pays if their revenue is lower than Walmart. Is because they have different business practices?
I am in TX and Costco cashiers make $11/hr
Costco cashiers make more in CA because there is union. But it is very hard to get into Costco in CA
Location: Sodo Sopa at The Villas above Kenny' s House.
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Quote:
Originally Posted by thatguydownsouth
Different business models. Costco moves product with forklifts and leaves them on industrial shelves, meaning they need less man hours. Walmart stocks their shelves neatly and must better manage their inventory, meaning they need more man hours. Etc.
Where is this mythical Wal-Mart that has neat shelves and adequate inventory?
I am more inclined to shop at Costco - not only because I like their merchandise more, but because of their labor practices.
If Walmart paid every employee just two dollars more per hour - tell me how they would still not make a healthy profit. They are greedy.
Walmart has 2.2 million employees. An additional $2 an hour for that many people would around $7 billion a year, which is roughly half the total profits for the company.
In general --- pay more, less profit. Pay less, more profit. This is a mystery?
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