re: Shareholders' meeting 2014 - celeb watch, music, Chinese/Brit shenanigans

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As to the Walmart employees they employ 2.2 million worldwide and had profits of $16 billion. If they paid every swinging dick $15 an hour that's $31 million they still make $15.7 billion.

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Not every swinging dick is stock shelves, running a cash register, or helping you find things.

If you paid this employee $15 an hour, which is basically double their wage, you can look at doubling those who do make $15 an hour or more in their distribution network, as well as doubling the salary of their management network.

Could Wal-Mart afford to do this? On the face yes, if their stock value plummeted because of the loss in profit margin, probably not.

That is another thing, these people making min wage at their stores have stock options in their pay, plenty of their employees have taken advantage of this and built a good nest egg as a result.

To put it into perspective, these store employees are demanding the same wage around that of skilled labor in Arkansas, many of these skill jobs are job where the skill will be taught/learned while working on the job. This is also around the average wage of manufacturing job in Arkansas at say Baldor.

Which is harder, stocking a shelf or running a piece of machinery? Taking cash at the register or building a house?

The people think their skill set is equal to those types of jobs, most of them are capable of going out and securing one of those jobs, but they often demand more than 35 hours of work during the week, and are generally more demanding physically and mentally.