How much would a Wal-Mart pay raise c...

How much would a Wal-Mart pay raise cost?

Posted in the Paragould Forum

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guest

Paragould, AR

#1 Nov 16, 2012
Wal-Mart makes billions and sells so many items that raising the price of each item that they sell by 1 cent (that is 1 penny and not 1 percent) would fund a $1 per hour pay raise per employee...3 cents per item would fund a $3 per hour per employee pay raise etc.-- oh yeah, that would run the customers away or result in massive loss of sales and bankrupt them.

On a related political note to those who will subsequently whine about unions and whatnot...why do conserviatives try to make greed a virtue?
Guest

Irving, TX

#2 Nov 16, 2012
guest wrote:
Wal-Mart makes billions and sells so many items that raising the price of each item that they sell by 1 cent (that is 1 penny and not 1 percent) would fund a $1 per hour pay raise per employee...3 cents per item would fund a $3 per hour per employee pay raise etc.-- oh yeah, that would run the customers away or result in massive loss of sales and bankrupt them.
On a related political note to those who will subsequently whine about unions and whatnot...why do conserviatives try to make greed a virtue?
Show the calculations for your assumption genius. I think you got some fuzzy math going on here.
guest

Paragould, AR

#3 Nov 16, 2012
Guest wrote:
<quoted text>
Show the calculations for your assumption genius. I think you got some fuzzy math going on here.
You don't think that on average Wal-Mart sells 100 items per hour per employee? Have you ever seen the check out lines? Or how many items people have per transaction? And (despite the lines which by the way always exist) how quickly those transactions take place?

Your first assumption is that someone is trying to appear to be a genious with some fuzzy math?
Adam Smith

Paragould, AR

#4 Nov 16, 2012
If you own a substantial amount of Wal-Mart stock, then you can have a say in the affairs of the company.

Otherwise, you are just another liberal trying to tell somebody else how to spend their money.

Walmart has over 2.2 million employees, so a $1 per hour increase would add well over $3,432,000,000 in higher costs, assuming each employee worked a 30 hour week for 52 weeks.

I AM a shareholder, and I want my investment to continue to be a profitable one.

So until YOU have some "skin in the game", why don't you mind your own business.
guest

United States

#5 Nov 17, 2012
Adam Smith wrote:
So until YOU have some "skin in the game", why don't you mind your own business.
He's just being a typical liberal. They always want to spend other people's money on liberals' pet projects so they don't have to spend their own money.

The pay and benefits that Walmart offers and what their employees agree to receive for the labor they provide is what we call free enterprise.

If a person isn't satisfied with the pay and benefits offered by Walmart, they certainly don't have to work there. Involuntary servitude ended in this country about 150 years ago.
GUEST

Bellevue, WA

#6 Nov 17, 2012
guest wrote:
Wal-Mart makes billions and sells so many items that raising the price of each item that they sell by 1 cent (that is 1 penny and not 1 percent) would fund a $1 per hour pay raise per employee...3 cents per item would fund a $3 per hour per employee pay raise etc.-- oh yeah, that would run the customers away or result in massive loss of sales and bankrupt them.
On a related political note to those who will subsequently whine about unions and whatnot...why do conserviatives try to make greed a virtue?
You have no clue as to run a business do you? They have millions of dollars invested.The money they make is not all profit.If you don't like what they pay quit.You knew the pay rate when you applied.
Guest

Irving, TX

#7 Nov 17, 2012
Adam Smith wrote:
If you own a substantial amount of Wal-Mart stock, then you can have a say in the affairs of the company.
Otherwise, you are just another liberal trying to tell somebody else how to spend their money.
Walmart has over 2.2 million employees, so a $1 per hour increase would add well over $3,432,000,000 in higher costs, assuming each employee worked a 30 hour week for 52 weeks.
I AM a shareholder, and I want my investment to continue to be a profitable one.
So until YOU have some "skin in the game", why don't you mind your own business.
Thanks so much for handing out the math lesson to "guest". I'm amazed at how little common sense so many have in the world today.
Bulldog

Paragould, AR

#8 Nov 17, 2012
Most of the employees they have are terrible and very, very unproductive. If they are worth giving a raise thet usually move up and get one.
ceo

Blytheville, AR

#9 Nov 17, 2012
Don't ask me for a raise that would cut into my ridiculous bonus I get every year. How dare you!!!
wm employee

Bellevue, WA

#10 Nov 17, 2012
lol funny ceo sad thing is that is how they act
agreed

Mckinney, TX

#11 Nov 17, 2012
the ceo's dont care about the workers.they know they can find more who will accept a poverty wage.besides they need that money to keep the mistresses paid off and happy.
one

Mckinney, TX

#12 Nov 17, 2012
do what some of the managers do......walk that shat out the back door and blame it on the workers.
Uhmm

Little Rock, AR

#13 Nov 17, 2012
Bottom line is Wal-Mart has shareholders who expect a return on their investment and the board is responsible to. If the shareholders like the way things are, nothing will change.

Most jobs at Wal-Mart are entry level and do not require a rocket scientist to do the work. You know what you're getting into when you go to work there, if you continue to stay there for years, and do nothing to try to further your education or technical skills, you only have yourselves to blame.
guest

Paragould, AR

#14 Nov 17, 2012
Adam Smith wrote:
If you own a substantial amount of Wal-Mart stock, then you can have a say in the affairs of the company.
Otherwise, you are just another liberal trying to tell somebody else how to spend their money.
Walmart has over 2.2 million employees, so a $1 per hour increase would add well over $3,432,000,000 in higher costs, assuming each employee worked a 30 hour week for 52 weeks.
I AM a shareholder, and I want my investment to continue to be a profitable one.
So until YOU have some "skin in the game", why don't you mind your own business.
What's right isn't relative to whether or not I own any Wal-Mart stock (and how much). But lets say I did. That would make me right? I think not. The math would make me right. And I would question your 30 hours per week. Most employees don't get that many. Not that that matters. Or the number of employees. The number of items sold in relation to the number of employees is what I mentioned. And that $1 per hour raise for every employee funded by a 1 cent raise in the price per item is a conservative figure. It wouldn't result in higher costs to Wal-Mart. It would result in higher costs to consumers. But really, 1 cent (that is one penny and not 1 percent) per item would result in a significant loss of business? I think not. Not even you alleged that. No one has so far. That is the point. And it is my business to be concerned with this issue.
Adam Smith

Paragould, AR

#15 Nov 17, 2012
The CEO cares enough about the employees to make sure the buisiness remains viable, profitable, growing, and able to provide jobs. You ARE correct about plenty of people looking for work in this Obama economy. Why pay more than you have to? Do YOU add an extra $5 to the bill when you eat out? No, you pay the MARKET price for the goods or services you received.

You probably think the minimum wage should be higher, too. How high?$15 an hour?$25 an hour? Why not $1,000,000 an hour? It's only someone else's money! Who cares that a loaf of bread would cost $150,000!

Graduate from High School or get a G.E.D., the take ECONOMICS 101. You might learn something!
agreed wrote:
the ceo's dont care about the workers.they know they can find more who will accept a poverty wage.besides they need that money to keep the mistresses paid off and happy.

“Life is what you make it,”

Level 4

Since: Jul 11

Choose wisely!

#16 Nov 17, 2012
As much as this company makes on the backs of people needing a job to survive,they could care less if it's enough to make ends meet.It's going to take the boycotting of vendors,customers and employees. My friend has worked there for almost 20 yrs and still makes half of what another friend makes that works at a video game store. The friend working at GameStop has had a benefit pkg that will blow your mind and even receives incentives that help her stay up to date with today's technology.You do well to get an employee handbook from Walmart. Walmart may think they have the upper hand now, but there hopefully will come a time when ALL the Walmart workers will unite from all the stores to make upper management have to listen and finally get the decent wage they all deserve!
Jake Anderson

Lees Summit, MO

#17 Nov 17, 2012
Adam Smith wrote:
If you own a substantial amount of Wal-Mart stock, then you can have a say in the affairs of the company.
Otherwise, you are just another liberal trying to tell somebody else how to spend their money.
Walmart has over 2.2 million employees, so a $1 per hour increase would add well over $3,432,000,000 in higher costs, assuming each employee worked a 30 hour week for 52 weeks.
I AM a shareholder, and I want my investment to continue to be a profitable one.
So until YOU have some "skin in the game", why don't you mind your own business.
Take you own advice and mind your business you anti american walmart,china loving lowdown no good stinking piece of crap inbreed dumbass sumbitch.The person ask a simple question not telling somebody how to spend their money.Im sure you are a shareholder but if you have ten shares you are a shareholder so get off your high and mighty act you lowlife piece of trash.
former employee

Paragould, AR

#18 Nov 17, 2012
Does the Paragould Wal-Mart still show their new employees that anti-union video where the union representative literally looks and acts like a cat burglar who is about to rape someone?
GUEST

Bellevue, WA

#19 Nov 17, 2012
Taz the Southern wrote:
As much as this company makes on the backs of people needing a job to survive,they could care less if it's enough to make ends meet.It's going to take the boycotting of vendors,customers and employees. My friend has worked there for almost 20 yrs and still makes half of what another friend makes that works at a video game store. The friend working at GameStop has had a benefit pkg that will blow your mind and even receives incentives that help her stay up to date with today's technology.You do well to get an employee handbook from Walmart. Walmart may think they have the upper hand now, but there hopefully will come a time when ALL the Walmart workers will unite from all the stores to make upper management have to listen and finally get the decent wage they all deserve!
Your friend is stupid as you.Nobody forces anybody to work there.
Adam Smith

Paragould, AR

#20 Nov 17, 2012
I answered his simple question.
I am an owner of the company. I have invested MY MONEY and I do have a say.

If so many people hate Walmart then why is it the LARGEST company in the world?

You have to resort to foul language (misspelled at that) because that's all you know.

And fortunately, it is substantially north of 10 shares!
Jake Anderson wrote:
<quoted text>Take you own advice and mind your business you anti american walmart,china loving lowdown no good stinking piece of crap inbreed dumbass sumbitch.The person ask a simple question not telling somebody how to spend their money.Im sure you are a shareholder but if you have ten shares you are a shareholder so get off your high and mighty act you lowlife piece of trash.

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