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Wal-Mart Memo Suggests Ways to Cut Employee Benefit Costs, Times 10/26

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Coastie for Truth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-25-05 10:19 PM
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Wal-Mart Memo Suggests Ways to Cut Employee Benefit Costs, Times 10/26



An internal memo sent to Wal-Mart's board of directors proposes numerous ways to hold down spending on health care and other benefits while seeking to minimize damage to the retailer's reputation. Among the recommendations are hiring more part-time workers and discouraging unhealthy people from working at Wal-Mart.

In the memorandum, M. Susan Chambers, Wal-Mart's executive vice president for benefits, also recommends reducing 401(k) contributions and wooing younger, and presumably healthier, workers by offering education benefits. The memo voices concern that workers with seven years' seniority earn more than workers with one year's seniority, but are no more productive.

To discourage unhealthy job applicants, Ms. Chambers suggests that Wal-Mart arrange for "all jobs to include some physical activity (e.g., all cashiers do some cart-gathering)."

The memo acknowledged that Wal-Mart, the world's largest retailer, had to walk a fine line in restraining benefit costs because critics had attacked it for being stingy on wages and health coverage. Ms. Chambers acknowledged that 46 percent of the children of Wal-Mart's 1.33 million United States employees were uninsured or on Medicaid.



---Edited for brevity ---


That's why we need DEMOCRATIC JUDGE in the trial courts - to rule for America's workers and their families in EEOC and Americans With Disabilities Act and Age Discrimination in Employment Act cases.

Enough is enough!
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CAG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-25-05 10:33 PM
Response to Original message
1. Ya know, I bet a lot of corporate managers have feelings similar
to these, but they generally aren't STUPID enough to put it in a memo for distribution.

I wonder if there is any other corporation out there who can rival Walmart employees 46% rate of children uninsured or on medicaid.

Of course, this data can't be accurate, cuz Rushycontin tells us that low wage workers are all teenagers, not heads of households...
:-)
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texpatriot2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-25-05 10:46 PM
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2. Satan's Superstore aka The Mart of Darkness. nm
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TygrBright Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-25-05 11:34 PM
Response to Original message
3. But wait a minnit....!?!
If they only hire healthy people, how are they gonna collect on all those "dead peasants" insurance policies?

Covering their butts either way, I guess.

disgustedly,
Bright
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