Monday, September 27, 2010

Corporate Irresponsibility

            Recently Wal-Mart has performed many acts of corporate irresponsibility. Wal-Mart pays its employees lower than other unionized competitors in other markets even thought they could afford to pay their employees more. The average Wal-Mart associate in California earns 26% less than the average wage of a UFCW (United Food & Commercial Workers Union) worker at one of the three major supermarkets. Wal-Mart offers cheap health care plans but they come with high deductibles. The health care plans they provide fail to cover almost 700,000 of its employees. Wal-Mart’s 2010 health care includes cheap premiums of $27 per pay period for family coverage, or $702 per year, however this plan has a high annual deductible of $4,400!

1 comment:

  1. Good blog. The text is good application of the material in the text book to your company activity. The post on strategic planning could have been more specific.

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