Skip to comments.Wal-Mart agrees to pay workers up to $640 million
Posted on 12/24/2008 6:39:19 AM PST by rightinthemiddle
PORTLAND, Ore. (AP) -- Wal-Mart Stores Inc., the world's largest retailer, said Tuesday it will pay as much as $640 million to settle 63 lawsuits over wage-and-hour violations, ending years of dispute.
(read more at link...excerpted AP article)
(Excerpt) Read more at finance.yahoo.com ...
Wal-Mart labor critics welcomed the settlement but said it gives no indication the company is changing its ways. Wal-Mart Watch Executive Director David Nassar said many workers still suffer mistreatment.
"If these millions of workers had been allowed union representation, they never would have had to hire lawyers and wait years to get their paychecks," he said.
Nassar and others said Wal-Mart, which has GOP ties, is settling the cases before the new presidential administration takes over.
P&T - Bullsh!t - Wal-Mart
(YouTube Video Playlist, 3 Videos, apx 30 minutes in total length)
"Wal-Mart hatred is bullsh!t."
Personally...I do not understand why some conservatives love Wal-Mart. They seem to have monopoly on retail...its almost like the state having monopoly on all retail in the old Soviet Union.
Low prices can be achieved thru competition...a much better model than Wal-Mart “lets ship the manufacturing to Commie China”. There will come a day when Wal-Mart’s model of cheap will come crashing down....Commie China has to close factories....and will suffer a decline in population
GOP ties, that would likely be former Hillary Clinton as a board member. How quicly the so-called news reporters forget history.
Demonize your enemies applies here. Walmart is the perfect ‘card check’ candidate.
Snort. How much of that 640 mill will go to the lawyers....?
Not even close. The Sherman Act defines a monopoly in such a way that a single sell must have 67% of the market. As to supporting the Commies, true, Walmart throws them a lot of business. However, if you're following what's going on inside China, this new-found wealth in China is posing severe problems to the Communist model. Finally, I'm tired of seeing union commercials that infer I'm a bad person for buying at a store that sells more cheaply than other stores. Trust me, the union's not going to help domestic companies compete in the world market, and that's what the current economic system is all about.
In my mind, I fail to see much difference between the unions' model of labor fighting management and the Communist model of the the proletariat (worker) fighting the bourgeoisie (management).
monopoly? Where do you live? There is a world of shopping out there.
Along with the foreign auto companies with plants in this country. Rather than loosen their grip on Detroit they want to force the competition into similar straight jackets.
They, the Left, always champion equality of outcome and, unfortunately, that outcome is always worse.
Wal-Mart has probably figured they can just pay these people off and that will be it. They are sorely mistaken. These rapacious trial lawyers and labor unions will stop at nothing. Wal-Mart better be at the forefront of stopping union card check legislation.
I’d say a solid 30% ($192 million).
Actually, Pelosi and Reid have backpeddled (no pun intended) on the plastic peddle car. Now they're pushing for a car powered by two gerbils. Who knows, now that they have the auto companies beholding to them, they can probably pull it off.
Barney Frank will want to own several of these.
A lot of companies get their stuff from China.. Even the mom and pop stores.
Wal-Mart has done some very innovative things to help keep costs lower, not only for them, but some of the manufacturers they work with. These are two “classic” I have heard over and over.
The stocking system can automatically tell a company like Proctor and Gamble that store X has so many units of a product such as Tide available and they are selling at Y rate. This allows P&G to send appropriate amounts of Tide to store X at certain times, reducing over production and storage.
The also got deoderant manufacturers to eliminate the cardboard boxes deoderant was sold in. This save millions in shipping costs for Wal-Mart and probably saved the deoderant manufacturers millions in manufacturing.
On a side note - Wal-Mart also hires a lot of people that otherwise wouldn’t have a job opportunity. There are some out there that need to prove that they can show up and work for a set number of hours for six consecutive months before moving on to something else.
Walmarts a good company - no one is forced to work there. Why don’t the union cry babies try to bankrupt someone else for a while?
A lot of retail stores an restaurants in my area have employees doing work before clock in and after clock out. It’s a common practice in low income areas. My opinion is that stores caught doing this should be closed down and liquidated on the second offense.
One of the principles of lean manufacturing is incorporating lean back through the supply chain and forward to the seller. Everyone benefits from leaning and streamlining.
>>A lot of retail stores an restaurants in my area have employees doing work before clock in and after clock out. Its a common practice in low income areas. My opinion is that stores caught doing this should be closed down and liquidated on the second offense.<<
It depends on what the employee is doing during the time he/she is being paid.
My sister worked at a “Manners” (Big Boy in Ohio) as a Carhop in the 70’s. They were given so much time after the place closed to clean everything up. She wasn’t getting home until 3am. My parents had a fit and spoke to the manager. He explained the policy.
My dad drove over one night and watched what was going on. Her shift ended at midnight and they had an hour to clean. What he found was a giant party going on. Instead of telling her, he went back to the manager who agree to let him come into the business at closing. My dad then informed my sister that she would no longer be driving to work.
Funny thing, it then took an hour, under the watchful eye of my dad, to get the work done. With the threat that he would be back at any time, those workers never worked “off the clock” again.
Much, if not most, from China.
We usually buy something for the kitchen (some real good stuff there) and different varieties of popcorn.
Senator Hillary Clinton was on the Wal-Mart board for many years. Is she a Republican?
639,999,000 dollars will go to the lawyers who brought the lawsuit and the 63 Wally World employees will split the remaining thousand dollars.
This is why I believe there is no single meaning in conservatism. Free market, one element of American conservatism, would want people to find cheap labors, regardless patriotism or other ‘conservative’ ideologies. China offers that so American manufactures buy from them.