Sam's Club closings, now we know the rest of the story.
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  1. #1
    Senior Member GA Fin's Avatar
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    Sam's Club closings, now we know the rest of the story.

    They seem to take good care of their employees in this situation IMHO.


    Some of the highlights:

    Hourly associates will continue to receive compensation for 60 days.



    If employees haven't transferred to another store in 60 days they will receive a severance.


    10% raise on the minimum wage from $10 to $11 per hour.

    $1,000 bonus.


    Hourly employees get an increase in full paid maternity leave to 10 weeks for new mothers(was 6 weeks at half pay).


    Fathers and non birth mothers that work full time get a maternity leave increase to 6 weeks at full pay. Previously they got no paid leave.


    This change brings hourly paid leave inline with salaried paid leave.


    WalMart will also offer compensation to employees seeking top adopt. The amount was not disclosed.




    The above information was paraphrased from this article since it would not permit me to cut and paste:


    http://www.11alive.com/article/news/...y/85-507157783


    "The greatest pleasure is to vanquish your enemies and chase them before you, to rob them of their wealth and see those dear to them bathed in tears, to ride their horses and clasp to your bosom their wives and daughters."

  2. #2
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    Wow. I guess Mr. Mr. will have to apologize.
    My Favorite Smile Is Vertical

  3. #3
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    Evil corporations only care bout themselves.

  4. #4
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    Quote Originally Posted by dave44 View Post
    Evil corporations only care bout themselves.
    I'm clear-eyed about how profit-making corporations operate and don't attribute human qualities to him. I understand the only motive for these companies is profit for shareholders by any legal means. I'm just more of a Henry Ford type of mentality.
    Vote for the other candidate

  5. #5
    Senior Member 1outlaw's Avatar
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    Quote Originally Posted by MGTeacher View Post
    Wow. I guess Mr. Mr. will have to apologize.
    Jason

  6. #6
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    Quote Originally Posted by Mister-Jr View Post
    I'm clear-eyed about how profit-making corporations operate and don't attribute human qualities to him. I understand the only motive for these companies is profit for shareholders by any legal means. I'm just more of a Henry Ford type of mentality.
    Assembly line and automation , one size fits all so it takes less employees?

  7. #7
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    Quote Originally Posted by dave44 View Post
    Assembly line and automation , one size fits all so it takes less employees?
    He also fought unionization, but in the early 1900s, he paid his employees $5.00 an hour, which attracted the best workers and increased his profitability.
    Vote for the other candidate

  8. #8
    Senior Member Bimini Twisted's Avatar
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    Quote Originally Posted by dave44 View Post
    Evil corporations only care bout themselves.
    Like Carrier and AT&T?

    That some will believe anything is no surprise, but to hold up Walmart as a shining example of American corporate values is really something else.

  9. #9
    Senior Member mplspug's Avatar
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    Getting tired of so much losing yet?

  10. #10
    Senior Member GA Fin's Avatar
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    Quote Originally Posted by Mister-Jr View Post
    He also fought unionization, but in the early 1900s, he paid his employees $5.00 an hour, which attracted the best workers and increased his profitability.
    It was $5 per day.

    https://www.forbes.com/sites/timwors.../#3c5b8fe0766d


    "The greatest pleasure is to vanquish your enemies and chase them before you, to rob them of their wealth and see those dear to them bathed in tears, to ride their horses and clasp to your bosom their wives and daughters."

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