MODULE4 MGT 509 case 27 Feb

MODULE4 MGT 509 case 27 Feb - 1 Robert Felder;...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Robert Felder; Robert.felder@us.army.mil MGT 509 Dr. Fitzgerald; sfitzgerald@tuiu.edu Dr. Stephens; rstephens@tuiu.edu Case Assignment Module 4 28 February, 2008 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Usually when you hear about Wal-Mart it usually is in a conversation with someone in your family or friend saying they are going to shop at Wal-Mart. “The first retail Corporation to top the Fortune 500, Wal-Mart trailed only Exxon-Mobil in total revenues last year. With 1.6 million workers, 1.3 million in the US and 300,000 offshore, Wal-Mart is the largest private employer in the nation and the world’s largest retailer.”(Miller, 2006). So what are the strength and weaknesses in compensation for those employees that work with Wal-Mart, and what the company is doing to correct these issues? “Working for the world’s largest employer sure hasn’t paid off for Wal-Mart’s employees. But that says more about he sad state of today’s labor market than the quality of Wal-Mart jobs. After all, less than half of Wal-Mart workers last a year, and turnover at the company is twice that at comparable retailers.”(Miller, 2006) Well has consistently been identified as having minors using hazardous machines, and having employees working off the books, employees working without breaks during their day, and being paid less then others organizations or companies in the retail business. “The biggest retail company in the US; are pondering ways to cut employee benefits costs, even as they move to beef up a health care plan widely criticized as stingy.”(Thomas, 2005) The proposal by Susan Chambers seemed too beneficial to the Wal-Mart only. She proposed changing the following with the current health care insurance: “Charging higher premiums for spousal coverage; increasing educational efforts to help beneficiaries use more cost effective care; lowering life insurance coverage to a maximum $12,000 payout; adding health care cost control programs such as utilization review and case management; offering a choice of alternative benefits packages such as discount cards and paid time off; adding health clinics to stores, a move the company already had planned to offer customers, but which could also reduce emergency room use by Wal-Mart employees.”(Thomas, 2005) 2
Background image of page 2
As most major corporations they usually guard information at employees pay, and Wal- Mart is doing just that. The nation’s largest retailer employees are consistently criticized for its skimpy wages and benefits. “Wal-Mart’s full-time pay rate of $9.68 is about 37% lower than the national average wage of $15.35 for production and non-supervisory workers. As a result of Wal-Mart’s low wages, many employees of the world’s largest company must rely on government healthcare, food, housing, and other aid. A study by Congressional Democratic staff estimated that Wal-Mart workers receive on average $2,103 per year in federal subsidies alone.”(Anderson, 2005). I wondered how can a company that basically is a major player in every household I personally know of, cannot afford to take care of its own employees.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/25/2012 for the course MGT 509 taught by Professor Management during the Winter '10 term at Trident Technical College.

Page1 / 9

MODULE4 MGT 509 case 27 Feb - 1 Robert Felder;...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online