Tag Archives: featured

Let the WAGE WARS BEGIN !!!

Article from NBC News

BUSINESS

Wal-Mart Pay Hike Starts a Wage War

Less than a week after Wal-Mart announced that it would raise wages for 500,000 employees to $9 an hour in April, off-price retailer TJX said in its fourth-quarter earnings report that it, too, will boost pay.

The parent company of T.J. Maxx, Marshalls and HomeGoods said Wednesday its full- and part-time hourly U.S. employees will earn at least $9 an hour starting in June. In 2016, all hourly U.S. workers who have been with the company for six months or more will earn at least $10 an hour.

“At TJX, we attribute our success over the last 38 years primarily to the people we have hired who have remained focused on our mission of delivering consumers amazing values,” CEO Carol Meyrowitz said in the company’s earnings release.

“This pay initiative is an important part of our strategies to continue attracting and retaining the best talent in order to deliver a great shopping experience for our customers, remain competitive on wages in our U.S. markets, and stay focused on our value mission.”

TJX said the combination of its investments in its employees, incremental investments to support growth, and pension costs will hurt its 2016 earnings per share growth by 4 percent.

Because of Wal-Mart’s role as the world’s largest retailer, experts last week forecast that other companies would follow its footsteps, in an effort to attract—and better retain—employees.

 Wal-Mart ignites minimum wage debate

“What I’ve been telling people is Wal-Mart just raised the federal minimum wage,” Maryam Morse, senior principal and retail practice leader at Hay Group, said ahead of TJX’s announcement.

The federal minimum wage is $7.25 an hour, though 29 states and the District of Columbia pay a higher minimum wage. In January, the minimum wage increased in nine states, including Arizona, Florida and New Jersey. TJX spokeswoman Doreen Thompson declined to share the percentage of TJX stores that are located in states that boosted their minimum wages.

Other retailers have taken similar steps to boost employee loyalty. They include Gap, which last year increased the minimum hourly rate for its U.S. employees to $9, and set it rise again to $10 in June.

On its earnings conference call Wednesday, Target declined to disclose its average wages but said the company is “very focused on ensuring we have competitive wages” and is always assessing the marketplace.

Nike, “CAPITALISM” at its WORST!!!

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I bring you this story,  not so you stop buying apparel that are made by human beings that are treated without a shred of dignity and have no hope for a brighter future. Rather I bring you this story so that you can see for yourself how corporate giants like ‘Nike’ DO NOT value the workers that make them so rich and so fat. Instead, this huge corporation that only manufacturers all their foot ware over sees, as to pay their workers as little as possible as to keep them dependent on the very job that is robbing them of any chance of having a better life for them and their families.

This is a small glimmer of what lays in store for our America. It should be a true wake-up call to workers in America that are being spoon fed by  these enormous corporations as they too become wage slaves to their jobs.

 

America first or is it corporate America first?

 You can’t complain about a loved one’s addiction, if you keep on contributing to it !!!

Anyone who  thinks they are getting  a good deal every time they buy something from an on-line company like “AMAZON”, is actually contributing to the demise of their local economy!

My most recent purchase of a crab trap was made at WEST MARINE, a local business  that employs people  in and around my neighborhood. Yes, I could have easily bought it on line and not only saved a couple of bucks and the sales tax as well, but I chose NOT to succumb to the sometimes overwhelming urge to give my money to a company that neither has local shops in my area, let alone  a single store  in America. In-fact they do not contribute to the American economy, rather they are the biggest  reason why American businesses are doomed to fail. 

The fact is we are buying our way into a third world economy. The more America succumbs  to the allure of the ever lowering cost of goods that are flooding our country’s economy without even having to hire a single American employee,  is clearly a recipe for disaster to our economy going forward! 

Yes, by all means ordering on line can truly be a pleasure, and usually you get a better deal, but give your business to your local stores and pick up your order there if you want to preserve our American  economy. 

Our greed will be this country’s demise!!!

The change must start now and it must start with you!

 

 

 

Continue reading America first or is it corporate America first?

Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance

Editorial by, Clare O’Connor

Forbes Staff

Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance – Forbes

Walmart’s low-wage workers cost U.S. taxpayers an estimated $6.2 billion in public assistance including food stamps, Medicaid and subsidized housing, according to a report published to coincide with Tax Day, April 15.

Americans for Tax Fairness, a coalition of 400 national and state-level progressive groups, made this estimate using data from a 2013 study by Democratic Staff of the U.S. Committee on Education and the Workforce.

“The study estimated the cost to Wisconsin’s taxpayers of Walmart’s low wages and benefits, which often force workers to rely on various public assistance programs,” reads the report, available in full here.

“It found that a single Walmart Supercenter cost taxpayers between $904,542 and $1.75 million per year, or between $3,015 and $5,815 on average for each of 300 workers.”

Americans for Tax Fairness then took the mid-point of that range ($4,415) and multiplied it by Walmart’s approximately 1.4 million workers to come up with an estimate of the overall taxpayers’ bill for the Bentonville, Ark.-based big box giant’s staffers.

The report provides a state-by-state breakdown of these figures, as well as some context on the other side of the coin: Walmart’s huge share of the nationwide SNAP, or food stamp, market.

“Walmart told analysts last year that the company has captured 18 percent of the SNAP market,” it reads. “Using that figure, we estimate that the company accounted for $13.5 billion out of $76 billion in food stamp sales in 2013.”

Walmart spokesperson Randy Hargrove described this week’s report as “inaccurate and misleading,” referring to its use of extrapolated data and adding that public assistance program eligibility requirements vary from state to state.

“More than 99 percent of our associates earn above minimum wage,” he said. “In fact, the average hourly wage for our associates, both full and part-time, is an average of $11.83 per hour.”

He said the company had no internal figures to share on the number of workers receiving public assistance.
“The bottom line is Walmart provides associates with more opportunities for career growth and greater economic security for their families than other companies in America,” he said. “Our full and part-time workers get bonuses for store performance, access to a 401K-retirement plan, education and health benefits.”

Hargrove added that the number of Walmart employees receiving Medicaid is similar to the percentage for other large retailers — and comparable to the national average.

He pointed to a 2005 report by economist Jason Furman, now a White House adviser, describing Walmart’s Medicaid enrollment as “a reflection of [its] enormous size.”

Other large retail chains have been the focus of similar reports in recent months. In October, two studies released to coincide showed that American fast food industry outsourced a combined $7 billion in annual labor costs to taxpayers. McDonald’s MCD +0.35% alone accounted for $1.2 billion of that outlay.

Yum Brands came in at a distant number two, with its Pizza Hut, Taco Bell and KFC subsidiaries costing $648 million in benefits programs for workers each year.

LIVING WAGE CALCULATOR

Introduction to the Living Wage Calculator [Researched and created by M.I.T.]

Introduction to the Living Wage Calculator

In many American communities, families working in low-wage jobs make insufficient income to live locally given the local cost of living. Recently, in a number of high-cost communities, community organizers and citizens have successfully argued that the prevailing wage offered by the public sector and key businesses should reflect a wage rate required to meet minimum standards of living. Therefore we have developed a living wage calculator to estimate the cost of living in your community or region. The calculator lists typical expenses, the living wage and typical wages for the selected location.

Update (3-24-14)

While the minimum wage sets an earnings threshold under which our society is not willing to let families slip, it fails to approximate the basic expenses of families in 2013. Consequently, many working adults must seek public assistance and/or hold multiple jobs in order to afford to feed, cloth, house, and provide medical care for themselves and their families.

Establishing a living wage, an approximate income needed to meet a family’s basic needs, would enable the working poor to achieve financial independence while maintaining housing and food security. When coupled with lowered expenses, for childcare and housing in particular, the living wage might also free up resources for savings, investment, and/or for the purchase of capital assets (e.g. provisions for retirement or home purchases) that build wealth and ensure long-term financial security.

An analysis of the living wage using updated data from 2013 and compiling geographically specific expenditure data for food, childcare, health care, housing, transportation, and other basic necessities, finds that:

The minimum wage does not provide a living wage for most American families. A typical family of four (two working adults, two children) needs to work more than 3 full-time minimum-wage jobs (a 68-hour work week per working adult) to earn a living wage. Across all family sizes, the living wage exceeds the poverty threshold, often used to identify need.This means that families earning between the poverty threshold ($23,283 for two working adults, two children) and the median living wage ($51,224 for two working adults, two children per year before taxes), may fall short of the income and assistance they require to meet their basic needs.

The cost of housing and childcare for families with children exceeds all other expenses. In the United State, a typical family of four (two working adults, two children) spends 21% of their after-tax income on childcare and another 21% on housing. Faced with tradeoffs, a second working adult must earn at least $11,195 on average in order to cover the costs of childcare and other increased expenses when they enter the workforce. Single-parent families need to work almost twice as hard as families with two working adults to earn the living wage. A single-mother with two children earning the federal minimum wage of $7.25 per hour needs to work 125 hours per week, more hours than there are in a 5-day week, to earn a living wage.

The living wage varies based on the cost of living and taxes where families live. Families of four (with two working adults, two children) in the North ($56,179) and West ($53,505) have higher median living wages before taxes than the South ($49,167), and Midwest ($48,496). Within region, the largest variation is between Southern states, where the living wage ranges from $45,655 in South Carolina to $69,820 in the District of Columbia.

In most metropolitan areas, where the US economy and jobs are increasingly concentrated, the living wage is higher than the national median. Consistent with overall regional variation, of the most populous 100 metropolitan areas, Honolulu ($66,554), New York ($67,323), and Washington DC ($69,709) have the highest living wages for the typical family of four.

Please note that the data on the remainder of this website reflects values through 2010. Updated calculations for states, metropolitan areas, and counties will be available shortly. In the meantime, please contact amyglas@mit.edu for more information.

Select a Location

To get started, enter a location into the search box above, or browse to a location using the list below.

States

SELF -CHECK OUT !

                          SELF-CHECKOUT

02_NCR_SelfServ_Checkout_-_self-checkout_at_Tesco-_2006

When it comes to shopping , never enable a business to destroy the job of a human being.

Self-checkout is being deployed all over this country for one Purpose and that is to achieve corporate bottom line. 

 Its sole intent is to replace people with machines that do not ask for pay raises and do not require medical benefits to protect themselves. THEY DON’T EVEN PUT YOUR  PURCHASES IN THE BAG.  “THIS  BECOMES  YOUR JOB!” It’s  a great strategy if they can convince shoppers like you and me that this somehow benefits us. 

 YOU SHOULD DO ONE OF TWO THING TO MAKE THE POINT.  If you are being informed that the self-checkout center is open.

 FIRST: You  request they open another register as you are in a bit of a hurry !                                                   

“IF THIS GETS NO RESULTS, GO TO THE SECOND STEP”.

SECOND : As you pull your shopping cart in front of this JOB KILLING MACHINE, you call to the  OVERSEER  of your work and ask aloud  “I NEED A CASHIER TO PLEASE CHECK ME OUT. I’M IN A BIT OF A HURRY !” 

If the reply is ” you’re on the self-checkout line”. Then you reply, “I’M SORRY BUT I DON’T WORK HERE ! THAT WOULD BE AN EMPLOYEE’S JOB !

IF NO SALES PERSON OFFERS ASSISTANCE , THEN…… YOU……SIMPLY…….LEAVE  YOUR CART WHERE IT IS AND DEPART.

 AS THIS BECOMES  MORE AND MORE A REGULAR  OCCURRENCE IN STORES ACROSS THE NATION, AND THAT SALES ARE BEING LOST AS WELL AS TIME LOST BY EMPLOYEES HAVING TO RESTOCK THE MERCHANDISE  CUSTOMERS HAVE  LEFT BEHIND,  THEN  THEIR PLAN BECOMES A WASTE OF TIME AND SURELY AN INEFFECTIVE TOOL IN THEIR ATTEMPT TO CUT MORE AND MORE EMPLOYEES FROM MAKING A SIMPLE LIVING AS TO ACHIEVE THEIR BOTTOM LINE.

 BIGGER  INCOMES FOR THE  FEW AT THE TOP,  AND LESS FOR THE MANY IN NEED OF A LIVING WAGE, NEAR THE BOTTOM !

 

Living wage and income eniquality