If the following is accurate, it gives me pause to wonder if the cost of saving money at WAL MART isnt too high. salon/2014/06/25/walmart_flunks_its_fact_check_the_truth_behind_its_sarcastic_response_to_the_times/ The hard data tells a story far from the inspiring image projected by Wal-Mart. In state after state, from Texas to the company’s home in Arkansas, Wal-Mart almost always ranks at or near the top when companies are ranked by the number of employees enrolled in public assistance programs such as CHIP or Medicaid. Wal-Mart will rightfully claim this is because they are often the largest employer in the state. However, isn’t one full-time worker requiring public assistance due to poverty wages too many? Furthermore, every Wal-Mart success story can be matched with one like this from CNN: “Amy Stinnett works as a cashier making $10 an hour at the Wal-Mart store in Placerville, Calif. It’s not enough to make ends meet for the 21-year-old single mother. Stinnett and her son are on MediCal, the California Medicaid program. She relies on food stamps for her son, and borrows money from her family to buy diapers and pay rent.” Numerous studies have shown the high price paid for public benefits utilized by Wal-Mart’s employees. Research from the University of California, Berkeley, Labor Center found in 2004 “Walmart workers’ reliance on public assistance programs cost California taxpayers $86 million annually.” Taking into account Wal-Mart’s own data, 525,000 of the company’s 1,000,000 full-time hourly employees earn less than $25,000 a year.
Posted on: Sun, 29 Jun 2014 06:36:50 +0000
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