Walmart: How I Got The 60 Cent Raise (Surviving Walmart Series) ~ by: Ron Bergeron
|Title: Walmart: How I Got The 60 Cent Raise (Surviving Walmart Series)
Author: Ron Bergeron
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|KEEPING PAYROLL DOWN is always the most important underlying principle at Walmart. For some managers it is more important than safety, morality, ethics and legality. The numbers are staggering. With 1.5 million Associates earning an average pay of about $ 10 per hour, the basic payroll is $ 15 million per hour. Limiting raises to tiny amounts goes right to their bottom line.
Associates are the “Lowest Common Denominator” in the Walmart profit equation. Every possible tactic…