Over the past few years, Walmart has been extremely busy. Walmart has redesigned the layout of their stores, expanded in the US and abroad, been sued by countless employees and earlier this year, denote a new CEO. Mike Duke took the helm at Walmart in February, aft(prenominal) the resolve of Lee Scott’s retirement (Faber, 2009). Duke had worked at Walmart for legion(predicate) years and was previously the VP of Walmart International (Faber, 2009). After accusations about its value and practices, Walmart hired world(a) PR firm Edelman in 2005 to sack up its crooked image (Faber, 2009). However, their reputation took more of a hit in 2007. In a speech to the unify Food and commercial-grade Workers (UFCW), Barack Obama announced I dont mind stand up for workers and let Walmart know they need to pay a decent lease and let folks organize.” (Gruenberg, 2009, para.16) The wages Walmart pays its employees has evermore been a massive source of criticism . The average pay of a Walmart associate is $10.86 an minute of arc (Faber, 2009). Walmart’s CEO Mike Duke claims that Walmart is an effective operation (Faber, 2009). increase wages means that prices would have to go up to abide by their profit level. Increasing prices means that they depart lag customers.
Therefore, they balk to increase wages because they will lose customers (Faber, 2009). Of all introductory year associates, 50% leave their jobs at Walmart due to baseborn pay and high up healthc ar be (Faber, 2009). 82% of Walmart workers atomic number 18 eligible for healthcare coverage, however all abou t 50% are actually insured (Faber, 2009). Em! ployees state that they cannot afford the coverage, the high deductibles and provide for their families on the wages they are earning (Faber, 2009). In July, Walmart announced its support for employer mandated healthcare (Codon, 2009, para.1). Some critics are questioning Walmart’s motives for their support of the program. Many believe that Walmart views employer mandated...If you hope to get a full essay, order it on our website: BestEssayCheap.com
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