Wednesday, December 12, 2012

Walmart Pay Scale: What's Wrong with This Picture?

Walmart’s CEO, Mike Duke, says the company's employees “are a great source of pride and personal inspiration to me.”

According to Ibis World, an international market research firm, the average Walmart employee is paid $8.81 per hour. Evidently, it doesn't take a helluva lot to inspire Mike.

Anyway, assuming they’re working a 40-hour week, that pay rate projects to a bit more than $18, 300 a year. Of course, as we well know, a great many Walmart employees are held to working part time and, as a result, they are ineligible for benefits such as health insurance.

By the way, in 2010, Mike Duke was paid $18.7 million. Now that's what I call inspiring!


No comments: