Wally World in the News again big time this week.
They are thrilled to see so many of it's customers going by way of do do bird as the Nation continues it's slide into third world abyss territory.
This is all a PR stunt because Wally World has diversified to so many Countries, the U.S. market won't mean a thing to them.
At the same time they continue to work towards treating their employees the same as China does over there.
Real Patriots those Walton children are eh???
10-26-2005
Wal-Mart memo suggests benefit cuts
An internal memo sent to Wal-Mart's board of directors proposes numerous ways to hold down spending on health care and other benefits while seeking to minimize damage to the retailer's reputation.
Among the recommendations were hiring more part-time workers and discouraging unhealthy people from working at Wal-Mart. In the memorandum, M. Susan Chambers, Wal-Mart's executive vice president for benefits, also recommends reducing 401(k) retirement plan contributions and wooing younger, and presumably healthier, workers by offering education benefits.
The memo voices dismay that workers with seven years' seniority earn considerably more than workers with one year's seniority but are no more productive.
To discourage unhealthy job applicants, Chambers suggests that Wal-Mart design "all jobs to include some physical activity," like all cashiers doing "some cart gathering."
The memo acknowledged that Wal-Mart, the world's largest retailer, had to walk a fine line in restraining benefit costs because critics have attacked it as stingy on wages and health coverage.
Chambers acknowledged that 46 percent of the children of Wal-Mart's 1.33 million U.S. employees were uninsured or on the government-funded Medicaid program.
A draft memo to Wal-Mart's board was obtained from Wal-Mart Watch, a nonprofit group allied with labor unions and that asserts that Wal-Mart's pay and benefits are too low. Tracy Sefl, a spokeswoman for Wal-Mart Watch, said someone had anonymously mailed the document to her group last month. When asked about the memo, Wal-Mart officials made available the updated copy that actually went to the board.
Under fire because less than 45 percent of its workers receive company health insurance, Wal-Mart announced a new "Value" plan on Monday that seeks to increase participation by allowing some employees to pay just $11 a month in premiums. Some health experts praised the plan for making coverage more affordable, but others criticized it, noting that full-time Wal-Mart employees, who earn on average around $17,500 a year, could face out-of-pocket expenses of $2,500 a year or more.
The theme throughout the memo was how to slow the increase in benefit costs without giving more ammunition to critics who contend that Wal-Mart's wages and benefits are dragging down those for other American workers.
Chambers proposed that employees pay more for their spouses' health insurance. She called for cutting 401(k) contributions to 3 percent of wages from 4 percent and cutting company life insurance policies to $12,000 from the current level, which equals an employee's annual earnings.
Life insurance, she said, was "a high-satisfaction, low-importance benefit, which suggests an opportunity to trim the offering without substantial impact on associate satisfaction."
======================================================
This is one time I wouldn't mind using the Patriot Act.
The Waltons should face criminal charges as traitors and an enemy to the U.S.