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Can you elaborate on why?
by needcaffeine 9y ago
Can you elaborate on why?
- sp332 9y agoTo keep employees from walking off with the cash.
- needcaffeine 9y agoIs this really that a factor with 24/7 surveillance and legal repercussions for theft? I mean...you're making it sound like it is, and I believe you but it's just so hard to people employees are that stupid.
- adventured 9y agoYes it's a big factor. Walmart employees, watched by 37 cameras from right over their heads, will still steal cash from the purchase flow. For an organization their size, it's a big problem. You can guess the kind of people you often get for $11 per hour, when you need a million of them (ie 1% stealing means you've got 10,000 people stealing from you). Not much has actually changed regarding this structurally, the surveillance has been there for 30 years and the legal aspect forever. Desperate and or stupid people, do desperate and stupid things. What has changed, is Walmart now has dramatically less cash flowing through it at the point of sales (due to cards or Walmart Pay et al). Merchandise theft is by far the bigger problem these days for Walmart. The same goes for places like liquor stores (which used to be an extremely cash heavy business, but now are mostly cards).
- JBlue42 9y agoWhat if Walmart paid more than $11/hr to decrease the immediate incentive?
- votepaunchy 9y agoThis should be easy to study in Seattle and other "Fight for $15" cities as the higher minimum wage is phased in.
- vkou 9y agoIf you increase everyone's wages the quality of employees across the board won't change. If you increase your wages, while other employers' wages stay the same, you'll get better applicants.
- sp332 9y agoI think the argument is if you raise someone's income above a living wage, you reduce their incentive to steal.
- apple4ever 9y agoBut if you raise all wages, all prices go up, so you never get there.
- sp332 9y agoNot sure where you got this idea. Has that ever happened?
- cbsmith 9y agoIn a word: yes.