Resolutions Be it resolved that: . The company pays fair wages to employees and fair prices to suppliers of goods. . PRO. Fair Wages. National minimum wage is only $5.15 per hour (www.dol.gov).
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ResolutionsBe it resolved that:
The company pays fair wages to employees and fair prices to suppliers of goods.
Leading employer of Hispanic Americans, with more than 139,000 Hispanic associates
Leading employers of African Americans, with more than 208,000 African-American associates.
More than 220,000 of their associates are 55 or older. They employ more than 775,000 women.
Also new jobs for suppliers from other parts of the world.
Wal-Mart will continue to expand investment and cooperation in China and contribute to the economic development through the following aspects:Increase procurement and support export of Chinese products to other countries in the worldIncrease investment in China, especially in the west parts of China, to response to the governmental policy of "Developing the West" Create more employment opportunities and generate more taxes to benefit local economyWork closely with consumer goods manufacturers, share our information and resources, and support manufacturing enterprises to improve production, technology and management skillsIntroduce our advanced retailing techniques and experience to promote the Chinese retail industry standard and development.
Health Care & Benefits
Wal-Mart’s Health Care Plan Fails to Cover Over 600,000 Employees
Wal-Mart reports that its health insurance only covers 48% of their employees. Wal-Mart has approximately 1.3 million US employees.
Part-timers—anybody below 34 hours a week – must wait 2 years before they can enroll. Moreover, part-time employees are ineligible for family health care coverage. Full-time hourly employees must wait 180 days (approximately 6 months) before being able to enroll in Wal-Mart’s health insurance plan. Managers have no waiting period. (Wal-Mart 2005 Associate Guide)
Holly . Phillips
Reference: Abigail, Goldman, & Cleeland, Nancy. (2003). Wal-Mart Effect; An Empire Built on Bargains Remakes the Working World. Los Angeles Times, A.1.
Reference: Smith, Hedrick. (Producer), & Young, Rick. (Director). (2004). Is Wal-Mart good for America? [Motion picture]. Alexandria, Va.: PBS video.
Reference: Reference: http://www.cmht.com/pdfs/cwwalmart3.pdf
Reference: Freeman, R. , & Tichnor, A. (2003, November 14). Wal-Mart is Not a Business, t’s an Economic Disease [Electronic version]. Executive Intelligence Review.