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  #151  
Old 12-02-2012, 12:52 PM
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Originally Posted by elchivito View Post
Annual worker turnover rate
Costco 24%
Wal-Mart 50%
And you think these sort of employees deserve more? Why?

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  #152  
Old 12-02-2012, 12:54 PM
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Originally Posted by barry12345 View Post
There are many facets to this wallmart issue. One concern of mine is if some or many of the employees are being substidized by the public purse to exist. Welfare top ups to living standards for example do exist but are not discussed much.

As Tyler mentions they should give more consideration to their employee cost area even if it inhibits their continious expansion somewhat. If they do not it may in some way pass out of their control with time.
Sounds like a different issue. Fact is, we chose to subsidize them so what right have we to complain?

Maybe it will, maybe it won't but why pay more than you have to today? Fight it till you can fight no more.
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  #153  
Old 12-02-2012, 01:07 PM
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Well, the options are to go the Costco model and pay these people a livable wage and retain control of labor costs, or risk losing that control to unions and government mandates, neither or which care about your bottom line.
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  #154  
Old 12-02-2012, 01:11 PM
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Originally Posted by aklim View Post
Then perhaps it is time for those affected to change themselves to something better?

Are you sure they are underpaying them? Considering the quality and loyalty of the workers, I think it isn't.
Somehow, ppl get the idea that others cannot better themselves. Where some come up with this conclusion about strangers, I haven't a clue.

If someone is unhappy with their employment situation for whatever reason, they are a liability to their employer as well as themselves. They need to move on elsewhere for their own good.

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Originally Posted by aklim View Post
Sounds like a different issue. Fact is, we chose to subsidize them so what right have we to complain?

Maybe it will, maybe it won't but why pay more than you have to today? Fight it till you can fight no more.
Totally different issues.
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  #155  
Old 12-02-2012, 01:25 PM
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Originally Posted by TylerH860 View Post
Well, the options are to go the Costco model and pay these people a livable wage and retain control of labor costs, or risk losing that control to unions and government mandates, neither or which care about your bottom line.
Government can mandate whatever they want to. But, Gov't isn't stupid - corporations collect taxes for them. Walmart would in all likeyhood start mothballing stores, rather than lose control of their business to union labor. See Hostess for that template.

Start closing Walmart stores by mothballing a few hundred/thousand select stores, and the human outcry of the masses against the Gov't. for their draconian edicts will overwhelm the lawmakers.Walmart is good for America.

I've made a small fortune selling building materials to the construction industry in NW Arkansas for decades because of their growth. I do all the business I can with Walmart, versus higher priced retailers for the same exact item(s). Much of the diesel fuel my vehicles consume annually is from Murphy's Oil - sold @ Walmarts. Murphy's Oil is an El Dorado, Arkansas-based corporation with excellent prices for their fuel.

Free enterprise is the only system that works for all concerned equitably. Walmart was not built by unions dictating to them.
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  #156  
Old 12-02-2012, 05:59 PM
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Quote:
Originally Posted by Skid Row Joe View Post
Government can mandate whatever they want to. But, Gov't isn't stupid - corporations collect taxes for them. Walmart would in all likeyhood start mothballing stores, rather than lose control of their business to union labor. See Hostess for that template.
Hostess has been a walking corpse of a company for years. Wal Mart might close a few stores to try and make a point, but they will not forgo many dollars for the sake of their "principle". Fiduciary responsibility to stakeholders and so on. Take you Hostess talking points back to AM radio where they belong.
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Start closing Walmart stores by mothballing a few hundred/thousand select stores, and the human outcry of the masses against the Gov't. for their draconian edicts will overwhelm the lawmakers.Walmart is good for America.
Conjecture, opinion.
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I've made a small fortune selling building materials to the construction industry in NW Arkansas for decades because of their growth. I do all the business I can with Walmart, versus higher priced retailers for the same exact item(s).
Congratulations, it sounds like you've mastered econ 101. Under what conditions would you consider paying more for the exact same item? I sense an arbitrage opportunity.
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Much of the diesel fuel my vehicles consume annually is from Murphy's Oil - sold @ Walmarts. Murphy's Oil is an El Dorado, Arkansas-based corporation with excellent prices for their fuel.
So? Wait, is this an advertisement?
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Free enterprise is the only system that works for all concerned equitably. Walmart was not built by unions dictating to them.
Tell us, what was WalMart built by? And, how does the company today resemble what it was when the guy that built it, ran it.
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  #157  
Old 12-02-2012, 06:58 PM
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Originally Posted by barry12345 View Post
There are many facets to this wallmart issue. One concern of mine is if some or many of the employees are being substidized by the public purse to exist. Welfare top ups to living standards for example do exist but are not discussed much.

There is little doubt that wallmart is a very wealthy corporation with sizable earnings and gains of many other natures every year. I hope taxpayers are not having to contribute to their employee cost through their taxes....
If that's true then it's a dumb damn law and should be repealed.
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  #158  
Old 12-02-2012, 07:11 PM
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If that's true then it's a dumb damn law and should be repealed.
Yes, let's repeal widespread graft and corruption, post haste!

Wal-Mart Subsidy Watch - brought to you by Good Jobs First
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  #159  
Old 12-02-2012, 07:58 PM
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Tell us, what was WalMart built by? And, how does the company today resemble what it was when the guy that built it, ran it.
Better yet, since we already know that fact, why don't you tell us what your point is? That the successors of Sam should follow a strategy that didn't do well to one you simply like better? IOW, would it make them more money? Doesn't seem to be that way. You, the consumer told them that you don't give a rip about Sam's ideas and they gave you what you want. But yet you gripe?
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  #160  
Old 12-02-2012, 08:01 PM
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Originally Posted by cullennewsom View Post
Yes, let's repeal widespread graft and corruption, post haste!

Wal-Mart Subsidy Watch - brought to you by Good Jobs First
IIRC, GM when it was in Janesville, WI also did the same things and got all kinds of sweetheart deals with a threat to move. So why single any corp out?

As to healthcare, why do you think it is a right that must be protected? You want it, you earn it. Can't? Tough. They can't earn it and you insist on subsidizing it and you want someone to blame? How about your bleeding heart?
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  #161  
Old 12-02-2012, 08:26 PM
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Originally Posted by aklim View Post
Better yet, since we already know that fact, why don't you tell us what your point is? That the successors of Sam should follow a strategy that didn't do well to one you simply like better? IOW, would it make them more money? Doesn't seem to be that way. You, the consumer told them that you don't give a rip about Sam's ideas and they gave you what you want. But yet you gripe?
A strategy that didn't do well? Walton grew that company from nothing to eventually making all his heirs billionaires.
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  #162  
Old 12-02-2012, 08:32 PM
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Originally Posted by aklim View Post
So why single any corp out?
The thread is about Walmart, it's in the thread title. Try and pay attention.
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As to healthcare, why do you think it is a right that must be protected? You want it, you earn it. Can't? Tough. They can't earn it and you insist on subsidizing it and you want someone to blame? How about your bleeding heart?
Because in this country, if a company doesn't include health insurance in the compensation, then the taxpayers often end up footing the bill. Don't ask me to defend that system, but that's the system we have. So, in that context, I'd prefer to see Walmart have to compensate their employees a little better.
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  #163  
Old 12-02-2012, 08:45 PM
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A strategy that didn't do well? Walton grew that company from nothing to eventually making all his heirs billionaires.
Grew? Isn't that the PAST TENSE? Things change. Try and keep up.
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  #164  
Old 12-02-2012, 08:48 PM
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Originally Posted by cullennewsom View Post
The thread is about Walmart, it's in the thread title. Try and pay attention.


Because in this country, if a company doesn't include health insurance in the compensation, then the taxpayers often end up footing the bill. Don't ask me to defend that system, but that's the system we have. So, in that context, I'd prefer to see Walmart have to compensate their employees a little better.
The point is that it is common place for cities and states and what not to give breaks to people that provide jobs to the area so it is nothing out of the ordinary and thus bears no mention.

And I'd prefer to see that these people be left to sink or swim. We were stupid to get into the "Be my brother's keeper" deal so we have no right to grumble.
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  #165  
Old 12-02-2012, 08:55 PM
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The point is that it is common place for cities and states and what not to give breaks to people that provide jobs to the area so it is nothing out of the ordinary and thus bears no mention.

And I'd prefer to see that these people be left to sink or swim. We were stupid to get into the "Be my brother's keeper" deal so we have no right to grumble.
Quit grumbling then. OTOH, I like grumbling. Makes me feel better about doing nothing.

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