Friday, May 10, 2019

Walmart Pay Inequality

Walmart said its store managers now average $175,000 a year, while its full-time hourly worker average $14.26 an hour equals about $25,200 a year. That is below the national poverty line for a family of four. 

Labor advocacy groups say the retailer’s hourly pay is still too low for many of its workers, particularly given the $129 billion in profits it posted last year.
“Too many people who work at Walmart are stuck in part-time, low-wage jobs,” said Cyndi Murray, a Walmart employee and member of United for Respect, an employee group that advocates for workers’ rights. “Conveniently, Walmart would like to focus on how much store managers get paid, but about half a million associates are . . . being left out of the equation."
Chief executive Doug McMillon received a pay package worth nearly $24 million last year.

70 percent of part-time Walmart workers said they would like to be full time, 

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