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    The 'working poor' is defined by someone who works 27 weeks or less in a year. Walmart caps working hours at 34 per week, just below when benefits kick in. Walmart regularly sees turnover rates as high as 44% per year, meaning 44% of their employees will leave before one year of work. Costco, on the other hand, regularly see turnover rates as low as 6% per year.

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    The 'working poor' is defined by someone who works 27 weeks or less in a year. Walmart caps working hours at 34 per week, just below when benefits kick in. Walmart regularly sees turnover rates as high as 44% per year, meaning 44% of their employees will leave before one year of work. Costco, on the other hand, regularly see turnover rates as low as 6% per year.

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    10 vizualizări2 pagini

    Copyofinvestigativearticle Bradadams

    Încărcat de

    api-277868710
    The 'working poor' is defined by someone who works 27 weeks or less in a year. Walmart caps working hours at 34 per week, just below when benefits kick in. Walmart regularly sees turnover rates as high as 44% per year, meaning 44% of their employees will leave before one year of work. Costco, on the other hand, regularly see turnover rates as low as 6% per year.

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    UncoveringWalmartsUnfairLaborPractices

    ByBradAdams

    AccordingtotheBureauofLaborStatistics,theworkingpoorisdefinedbysomeone
    whoworks27weeksorlessinayear.Workingpoorcanalsobeextendedtopeoplemakingvery
    lowwages.InWalmartscase,workingpoorissomeonewhoworkstotheirgreatestextent.
    Walmartisknownforitsunfairlaborpractices,includingcappingworkinghoursat34perweek,
    justbelowwhenthebenefitsofbeingafulltimeworkerkickin.Thesebenefitsincludehealth
    insurance,multiplebathroombreaks,therighttoformunions,amongotherbasicneeds.

    BothstoresIcontacteddeclinedtospeakabouttheissue,butfromresearchIfoundallof
    thefactsIneeded.Walmartregularlyseesturnoverratesashighas44%peryear,meaning44%
    oftheiremployeeswillleavebeforeoneyearofwork.Costco,ontheotherhand,regularlysees
    turnoverratesaslowas6%peryear.1 Thisstarkdifferenceinemployeeretentionliessolelyin
    thewagesandbenefitsthatthecompaniesgivetotheiremployees.Walmartpaysanaverageof
    $8.81perhour2,whereasCostcopaysanaverageof$21.00perhour.3TheaverageWalmart
    worker,workingthemaximum34hoursperweek,willmake$15,576peryear,beforeessential
    expenseslikehealthinsurance.TheaverageCostcoworker,working40hoursperweek,will
    make$43,680,withhealthinsuranceprovidedbythecompany.ThismeansthattheWalmart
    workerwillspendaminimumof$2,676peryearonhealthinsuranceinCalifornia4,lowering
    theirincometo$12,900.

    "TheRealReasonWalmartUTurnedonWages."
    Alternet
    .N.p.,11Mar.2015.Web.10Nov.
    2015.
    2

    "MakingChangeatWalmartFactSheetWages."
    MakingChangeatWalmartRSS
    .N.p.,n.d.
    Web.10Nov.2015.
    3

    Taube,Aaron."WhyCostcoPaysItsRetailEmployees$20AnHour."
    BusinessInsider
    .Business
    Insider,Inc,23Oct.2014.Web.10Nov.2015.
    4
    "HealthInsurance:PremiumsandIncreases."
    HealthInsurancePremiumsandPremiumCostsbyState.

    N.p.,n.d.Web.10Nov.2015.

    Howcantwopeople,workinginthesameindustry,havesuchadifferenceinsalary?
    HowcanWalmart,whichreported$485billioninrevenuein20145,payitsworkerssomuchless
    thanCostco,whichreported$116billioninrevenue6?

    Variousworkersrightsmovements,includingtryingtoformunions,arefrownedupon
    andoppressedbyWalmart.7Ontheotherside,over15,000Costcoworkersareinsomesortof
    union,andsuccessfullyarguefortheirrightsonmanyoccasions.8 Walmartwillcontinuetohave
    theupperhandonitsemployeesuntiltheyaregiventhechancetoformaunion.

    Inconclusion,ifWalmartraisedtheaverageshoppingtrippriceby46centseach,they
    wouldbeabletoprovidetheiremployeeswithalloftheservicesandwagesthatCostcoprovides
    totheiremployees.9Peopleslives,peoplesshoppingexperiences,andWalmart'sturnoverrate
    couldbesignificantlyimprovediftheyimplementedtheseimprovements.

    "WalmartCorporate&FinancialFacts."
    WalmartCorporate&FinancialFacts
    .N.p.,n.d.Web.10
    Nov.2015.
    6

    "CostcoWholesaleCorp."
    COSTAnnualIncomeStatement
    .N.p.,n.d.Web.10Nov.2015.
    7
    Greenhouse,Steven."HowWalmartPersuadesItsWorkersNottoUnionize."
    TheAtlantic.
    AtlanticMedia
    5

    Company,08June2015.Web.12Nov.2015.
    8
    "CostcoanExampleoftheUnionDifference|TheUnitedFoodandCommercialWorkersInternational
    Union(UFCW)."
    TheUnitedFoodandCommercialWorkersInternationalUnionUFCW
    .N.p.,n.d.Web.12
    Nov.2015.
    9
    Lutz,Ashley."Here'sHowMuchAWalMartPayIncreaseWouldCostShoppersPerTrip."
    Business
    Insider
    .BusinessInsider,Inc,18July2013.Web.16Nov.2015.

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