Tag: CEO pay

Walmart Succumbs to Pressure, Announces Plans to Raise Wages

February 19, 2015

After facing years of ongoing strikes and protests from its own employees, Walmart announced plans today to give raises to nearly 500,000 of the company’s 1.3 million U.S. employees. In a letter to Walmart associates, CEO Doug McMillon outlined a series of “comprehensive changes” to the company’s “hiring, training, compensation,… Read More»

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This is one loophole that needs to be closed

June 4, 2014

“Let’s be clear on what’s happening here. Even though the company can easily afford it, Walmart refuses to pay its workers decent wages. So it relies on taxpayers to make up the difference by funding government assistance programs for its employees. The company and its controlling family then avoid paying… Read More»

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