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Walmart to raise its starting wage to $11, give some employees bonuses following tax bill passage

Discussion in 'Too Hot for Swamp Gas' started by flgator2, Jan 11, 2018.

  1. flgator2

    flgator2 GC Legend

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    https://www.cnbc.com/2018/01/11/wal...wage-give-employees-bonus-after-tax-bill.html
    Walmart is increasing its starting wage rate for hourly employees in the U.S. to $11, after passage of the tax law.
    • The company said it will also expand maternity and parental leave benefits, and provide a one-time cash bonus for eligible employees of as much as $1,000.
    • Walmart said it's still looking at other "potential additional investments" that could come after the new tax laws. More working people benefiting from Trumps tax cut.
     
  2. rivergator

    rivergator Too Hot Mod Moderator VIP Member

    Apr 8, 2007
    I'm glad for people getting raises. But it's also closing dozens of Sam's Clubs around the country
     
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  3. fredsanford

    fredsanford Premium Member

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    This is to keep up with Target’s wage increases.

    You have to have 20 years of service to get the grand.

    They also are shuttering stores—including the Sam’s by my house.
     
  4. 96Gatorcise

    96Gatorcise GC Hall of Fame

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  5. flgator2

    flgator2 GC Legend

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    ok, if the stores aren't producing you shut them down, that's part of running a business
     
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  6. rivergator

    rivergator Too Hot Mod Moderator VIP Member

    Apr 8, 2007
    Evidence? Link?
     
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  7. GatorNorth

    GatorNorth Premium Member Premium Member

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    Agreed, owners prerogative, but Walmart also timed the wage announcement to offset the news about the closures. It certainly wasn't a coincidence. Good news for many, bad news for some, and Walmart gets to bury what would have otherwise been a bad lead. PR 101.

    And I'm staying away from the whole fluffer thing.
     
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  8. danmann65

    danmann65 GC Hall of Fame

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    I get this but how many Sams clubs and Walmart grocery stores are they opening nationwide. There is one opening near me soon. I suspect their overall employment will be up this year.
     
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  9. 96Gatorcise

    96Gatorcise GC Hall of Fame

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    I think the 100's of Trump threads you start to plump Trump up is more than enough evidence.....LOL:D:D:eek::devil:
     
    Last edited: Jan 11, 2018
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  10. GatorNorth

    GatorNorth Premium Member Premium Member

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    Most of their expansion capital is being plowed into e-commerce and remodels. Think they are opening about 15 super centers and a dozen grocery stores this year (while also shuttering a number of each). Not sure how many clubs are opening. Not many would be my guess.
     
  11. rivergator

    rivergator Too Hot Mod Moderator VIP Member

    Apr 8, 2007
    no one's saying otherwise. but it's kind of silly to only look at half of what Walmart did today just to pump up Trump.
     
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  12. flgator2

    flgator2 GC Legend

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    What ever Fluffer
     
  13. flgator2

    flgator2 GC Legend

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    You got me good, that was pretty funny
     
  14. 96Gatorcise

    96Gatorcise GC Hall of Fame

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    good you got a sense of humor since you called several posters "clowns"
     
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  15. lacuna

    lacuna The Conscience of Too Hot VIP Member

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    You're a "sicko" too? o_O:rolleyes:
     
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  16. danmann65

    danmann65 GC Hall of Fame

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    So two of the dozen being opened this year are within 20 miles of me. It could be true but sounds like its nonsense.
     
  17. danmann65

    danmann65 GC Hall of Fame

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    After looking online and not finding much it seems like your numbers are close to correct for the state of Florida not for the nation. Lol
     
  18. danmann65

    danmann65 GC Hall of Fame

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    They are also opening many new stores in states with population growth like Arizona. I suspect they are closing stores in the rust belt and opening new ones where population is increasing.
     
  19. GatorNorth

    GatorNorth Premium Member Premium Member

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  20. rivergator

    rivergator Too Hot Mod Moderator VIP Member

    Apr 8, 2007

    they closed four Sam's Clubs in Arizona.