Another Company The Left Loves to Attack Raises Wages, Gives Major Bonuses to Parents Who Adopt
As Guy would say, the tax reform apocalypse continues.
Early Thursday morning, Walmart and Sam's Club announced wages will be increased for workers, that paid maternal and parental leave is being expanded and bonuses are being sent out after the passage of tax reform. They're also giving $5000 to workers who adopt a child.
In a letter to workers of the company, CEO Doug McMillon further explained the benefits of the tax plan.
"We’ve got some really good news to share today. As you know, the President and Congress have approved a lower business tax rate. Given these changes, we have an opportunity to accelerate a few pieces of our investment plan. We plan to continue investing in you, in our customers through lower prices, and in our future--especially in technology to help improve your jobs and the experience for our customers," McMillon wrote. "So, we’re pleased to tell you that we’re raising our starting wage to $11 an hour for Walmart U.S., Sam’s Club, Supply Chain, eCommerce and Home Office hourly associates effective in February."
"I’m also excited to tell you that we’re making an important change to benefits by expanding our paid leave policy to provide full-time hourly associates with 10 weeks of paid maternity leave and six weeks of paid parental leave. This expanded parental leave also applies to salaried associates and to parents who adopt. We will also contribute $5,000 to the cost of adoption," he continued. "I recently heard from two associates on this topic—one through an open door note and one at a town hall. Both pointed out how limited our policy was for adoptive parents so we’re happy to be addressing that concern now."
Walmart has been a regular target of the left and their demands government force the company to raise the minimum wage. They just did it voluntarily because the government is taking less.
Over the past two weeks, dozens of companies have announced major benefits for employees as a result of the corporate tax rate being significantly lowered through Republican tax reform. https://townhall.com/tipsheet/katiepavlich/2018/01/11/another-company-the-left-loves-to-attack-raises-wages-n2433099
Tax break is so wonderful that they are closing stores and laying off people.....
The goodwill generated by that announcement, however, was quickly dampened by reports that Walmart would be closing 63 Sam's Club stores across the country — some with no advance notice.
Ever looked at a Sam's Club parking lot ?
Everyone is over at Costco.
Now Walmart has a parking problem. Never enough parking spaces.
I do not shop at Wally World, Sam's Club or Costco, so I have no idea what their parking lots look like
Love the irony....corp tax break=here's a little something to employees = now you're out of a job so we can save $2B and keep it for ourselves.....
"Now Walmart has a parking problem. Never enough parking spaces.'"
That makes no sense if everyone is over at Costco."
Walmart and Sam's Club are two separate buildings in two separate areas of town.
Understand now ?
Sam's Club wasn't very popular. They tried competing with the better established Costco.
You don't keep something that constantly loses money. That would be Stupid.
When I need to stock up or, get tires, I like Sam's Club.
Not in Mt. Pleasant, MI, they share the same parking lot and, both are full all the time.
Pictures ?
Never seen a Sam's and Walmart together in my entire state.
Employees getting crumbs while they save $2 Billion...
You're reliably wrong on most of your positing.
Here's a learning opportunity for you:
If there's anything deplorable, it's your comment.
What IS a "Living Wage" anyway ?
Now that would be a hoot !
I can see the headlines now:
"Big Corp. get's handout again" !
Wow!!!! You sure are getting your ass handed to you today. Now you know how JR feels every day.
Pelosi?
Sure is..........
Have you ever tried the chicken wrap at their food court? It is terrific. There was a Cosco near where I used to work and as you don't need a membership to use the food court, I would get one at least twice a week. Their single slice pizza is also very good.
Check out The People Of Wal Mart videos but don't do it on a full stomach.
says who? Probably not in the states that charge a soda recovery tax and $12,000 property tax for a 100x!00 house LOT in NY...you should move...then again, stay up there.
Yep, I have a friend that owns a small house just outside of NYC - $12K a year in the house and the small lot the house sits on - about 100x100.
It's never enough.
All you have to know is that no matter what someone you hate does, it's never enough. The tax bill was solely designed to benefit the rich? Wrong. Giving a million people an additional dollar per hour is an extremely large outlay, that will not only never end, but probably continue to increase over time.
But it's not enough. It's not enough because, again, when you hate, you cannot open your eyes wide enough to see the good that someone (you hate) is doing.
see below...and educate yourself.
These are just the bonuses of Wallyworld...and that's more money than they had before as a bonus, plus a lowering of taxes come February....duh.
The Walmart bonuses only went to people who have worked there for 20 years or more.
Which is surely few.
If, and that's a big IF, true then good for these companies. The proof will be in the pudding. There's at least a 50/50 chance this turns out to be BS.
I just read a story this morning that Fiat Chrysler is moving a Ram Assembly Plant back to Michigan and is giving a $2K bonus to approx. 60K workers. NIce.