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Originally posted by FEMA
"Oh yes, $9.25 an hour with no health benifits and the lack of job secuirity where if your boss or supervisor doesn't like you he can fire you or make your live a living hell. Not to metion lay-offs or cut hours after the holidays. 9.25 is nothing and is well below the level of self-sufficiatancy.
"I have to laugh at some of these people. Suppose every Wal-mart were to permanently close tomorrow. Do people somehow think that new, better paying jobs are just suddenly going to appear out of thin air?
I own a business, a couple of them infact, aside from being a firefighter. I start my employees at 20 dollars (well, $19.45) an hour with 6 month reviews and raises based on performance of their tasks. I also, after they are fully vested in the company (9 months), offer to pay for their education - yes, their education. My company pays on a pro-rated basis. If the employee gets 80% or better my company pays for their education in full. If their marks fall below 80% to 70%+ then we only pay for 80% and the employee picks up the other 20%. If they fall below 70% we pay only 60% and if they fall below 60% they are on their own and we pay nothing. At every turn we encourage our employees to be the best they can be and our HR department will bring resources to bear on whatever they need to achieve excellence. So far we have had 4 employees get their Masters degrees. Eleven have earned BAs. Fourty-two have completed highschool upgrading with honors.
The issue behind this thread as I see it is: "Is capitalism without conscience acceptable?" I say it is not nor do things have to be that way. You have to be a responsible player in your business community along with being a responsible person in your living community. My companies do not stand alone in our business practices; there are many out there that do what we do and more for their employees.
"Families purchase their goods at Wal-Mart because generally their incomes will not support the higher prices else where."
Originally posted by theshadowknows
Other than the way they treat they're workers, I see no "sin" at Wally World (as we southerners call Wal-Mart)
They dont sell Parental Advisory CD's, No pornography, no handguns, ect.
Wal-mart is the least of the corporate sinners.
Originally posted by FEMA
Interesting post Spliff. What you've touched on - whether you know it or not - are companies making money on the buy-end of the retail equation.
A fine example of this is a company called QEP. Ever see their name on some Home Depot products or tools? What they were in their infancy were resellers of already established products. QEP went to these companies and said, "Look, we are in Home Depot and we could use your product to round out our line of products. All you need to do is give it to us at the cheapest price."
They then turned around and branded it a QEP product thereby making their money on the buy-end of the equation. They did nothing more than repackage and negotiate the cheapest price. They also wanted the OEM (Original Equipment Manufacturer) to make sure that the price they (QEP) got was even better than the companies who'd distributed the product forever, got. They didn't give a rat's hiney for loyalty to the (channel partners) distribtors who the OEM was selling to first, they wanted it all, right now, for the cheapest price.
Unfortunately Rubber Maid got caught putting all their apples into one basket. They forgot about the brand loyalty they had built over the years and forgot how they became so successful.
If what you do in business adversely affects your business partners, then you need to rethink what it is that you are trying to do. After all, if you hurt everyone you touch, soon no one wants anything to do with you.
In my companies we expect high quality offerings from our suppliers. We also expect a fair price. Yes we shop price, but only to know that the pricing we get is in the ballpark, not the cheapest.
You see, my companies can't afford to be down as a result of one of our suppliers going bankrupt. When our production stops so do our profits. So making sure our suppliers are being treated fairly is in our best interest. A day or two of lost production time will eat up ANY savings/extra profits we might have gotten from the cheapest supplier.
Good post Spliff, you helped me recall the buy-end profit senario.
Originally posted by FEMA
Hello Ambient Sound, I sighted one fix which was to encourage Wal-Mart to sell products manufactured in a city they wanted to do business in. In effect, if Wal-Mart entered a town that had a manufacturing base they'd be encouraged to retail those products rather than sell imports.
It seems a fair proposal seeing how Wal-Mart would be expecting those very people to support their store. Actually, this is being suggested as we post here in a California town. We'll see how it goes.
I have a bit of trouble dispatching the lot of them off to the fiery furnace for good business sense, even if it comes at the expense of their workers.