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Old 01-11-2018, 09:32 AM  
Just Passin' By Just Passin' By is offline
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Bloomberg: Wal-Mart Raises Hourly Wage to $11 in Wake of Tax Overhaul

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Wal-Mart Stores Inc. is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market.

The increase takes effect next month and will cost $300 million on top of annual wage hikes that were already planned, the world’s largest retailer said Thursday. The one-time bonus of up to $1,000 is based on seniority and will amount to an additional $400 million. The company is also expanding its maternity and parental leave policy and adding an adoption benefit...
https://www.bloomberg.com/news/artic...f-tax-overhaul


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Old 01-14-2018, 03:31 PM   #166
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Originally Posted by IowaHawkeyeChief View Post
I sure the hell didn't read his posts that way. You are intellectually dishonest if you think these raises and bonuses aren't happeing because of the tax cuts. Some of them are reactionary to the changing cost and demand for labor with the deregulation and tax cuts, but that is the reason. I can't wait to see the Dems run on increasing taxes and more regulation.
Then read this and tell me where he mentions tax cuts.
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Originally Posted by HonestChieffan View Post
From the employers standpoint, we dont want to pay any employee more than we have to.

Most employers of any magnitude subscribe to salary surveys done among peer companies and companies which with they have to compete for employees. So you have a base job leve comparison with years of service and pay range. So pay becomes something that is managed to be high enough to retain good people, high enough to attract good people, but not so much that you exceed a competitive rate.

This idea of minimum wage is a problem when the value of a given job falls below the minimum wage. Some jobs are simply not worth 11 or 15 an hour.

And from the employee POV 11 may be just fine. The expectation of a 70 plus retiree on SS and a nestegg will gladly go to work at Walmart and be thrilled with the pay. That is the competitive environment people face....one may need to support themselves, the other wants something to do...

its all about balance the job the pay and the needs of the job with the skills of the employee and what future opportunities he or she may have or want. And if there are cheaper ways to do the job, you consider those options.
Since this thread is about Walmart, lets just focus on them. They announce raises and bonuses the same day they say they're closing 63 stores.They also announce they are eliminating the position of co-manager and replacing it with asst. manager, a position that pays less. Walmart has a hard time bringing in employees to fill open jobs. Target pays more so to be competitive, Walmart needs to raise starting salaries.

You can attribute the raises to the tax cuts. It's looking to me that it's business as usual and they responded to market and labor pressures.
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Old 01-14-2018, 03:49 PM   #167
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Originally Posted by Jim Hammer View Post
Then read this and tell me where he mentions tax cuts.

Since this thread is about Walmart, lets just focus on them. They announce raises and bonuses the same day they say they're closing 63 stores.They also announce they are eliminating the position of co-manager and replacing it with asst. manager, a position that pays less. Walmart has a hard time bringing in employees to fill open jobs. Target pays more so to be competitive, Walmart needs to raise starting salaries.

You can attribute the raises to the tax cuts. It's looking to me that it's business as usual and they responded to market and labor pressures.
AGAIN... the robust economy due to decrease regulations and tax cuts didn't create the a market and labor pressures?
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Old 01-14-2018, 03:51 PM   #168
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Originally Posted by IowaHawkeyeChief View Post
AGAIN... the robust economy due to decrease regulations and tax cuts didn't create the a market and labor pressures?
you have no idea what you are talking about...just parroting talking point nonsense.

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Old 01-14-2018, 03:56 PM   #169
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Originally Posted by cosmo20002 View Post
you have DO idea what you are talking about...just parroting talking point nonsense.
You're stupid
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I have an issue with Livesteam.
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Old 01-14-2018, 04:07 PM   #170
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Originally Posted by IowaHawkeyeChief View Post
AGAIN... the robust economy due to decrease regulations and tax cuts didn't create the a market and labor pressures?
For Walmart? No.
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Old 01-14-2018, 04:39 PM   #171
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Originally Posted by Jim Hammer View Post
For Walmart? No.
So you believe the gov't should run corporations in your ideal world...
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Old 01-14-2018, 05:22 PM   #172
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Originally Posted by IowaHawkeyeChief View Post
So you believe the gov't should run corporations in your ideal world...
Just say "I give up" and it will be all over...

Spoiler!
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Old 01-14-2018, 05:37 PM   #173
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You're stupid

I'm proud of you.
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Old 01-14-2018, 05:53 PM   #174
IowaHawkeyeChief IowaHawkeyeChief is offline
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Originally Posted by Jim Hammer View Post
Just say "I give up" and it will be all over...
Sad you blame other folks for you lack of success... ... ... ... ... ... ... ... ...

Spoiler!
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Old 01-14-2018, 07:10 PM   #175
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Originally Posted by IowaHawkeyeChief View Post
Sad you blame other folks for you lack of success... ... ... ... ... ... ... ... ...

Spoiler!
https://www.britannica.com/topic/def...nism#ref195659

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Denial is the conscious refusal to perceive that painful facts exist. In denying latent feelings of homosexuality or hostility, or mental defects in one’s child, an individual can escape intolerable thoughts, feelings, or events.
It's okay...
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Old 01-14-2018, 09:35 PM   #176
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Originally Posted by Jim Hammer View Post
So you believe in high taxes, government control of corporations and you are a bigot?
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Old 01-14-2018, 09:42 PM   #177
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Originally Posted by IowaHawkeyeChief View Post
So you believe in high taxes, government control of corporations and you are a bigot?
No, I accept you as you are.
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Old 01-14-2018, 09:47 PM   #178
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Originally Posted by Jim Hammer View Post
No, I accept you as you are.
No, I believe your bolded text was designed to be derogatory and mean spirited in an attempt to lash out at your lack of common sense when it comes to how private business operates. It shows you are homophobic even though, as a progressive, you are supposed to be tolerant.

Hey, I forgive you for both. Your a government worker and your still young and naive and aren't in touch with your true feelings yet.
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Old 01-14-2018, 10:11 PM   #179
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Originally Posted by IowaHawkeyeChief View Post
No, I believe your bolded text was designed to be derogatory and mean spirited in an attempt to lash out at your lack of common sense when it comes to how private business operates. It shows you are homophobic even though, as a progressive, you are supposed to be tolerant.

Hey, I forgive you for both. Your a government worker and your still young and naive and aren't in touch with your true feelings yet.
You lost the argument a while ago then you started in with personal attacks. Now you're speculating wildly and missing terribly.

I don't expect much less from Trumpists. Everything the Dotard in Chief does is gospel, not meant to be questioned. Every racist statement, every diplomatic blunder, it's all in his plan to #MAGA.
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Old 01-14-2018, 10:19 PM   #180
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Originally Posted by Loneiguana View Post
You could live on less than 20,000 a year when taking into affect taxes?
If you make $11 an hour and work full time you're pulling in more than 20K.

I'm not sure what you think someone making 20K pays in taxes, but it's not 20%. After refunds the effective tax rate is usually 11% or so. Unless you are self employed. Then you pay MUCH more.

Also, yes. In areas where cost of living is lower I can say for a fact one can do that. I did it for 4 years. Hell, I bought a HOUSE while making 10.25 an hour in 2002.

I did it for one year a few years ago in 2014 when getting my company started because the tax rate for doing business as runs at over 40%.

So yes. Unlike you I've experienced poverty and know how to live without things you take for granted every day, thanks to your mommy and daddums.

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