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With 15 billion dollars in profit, I think Wal-Mart could find some cash to pay it's employees.
by mhurron 13y ago
With 15 billion dollars in profit, I think Wal-Mart could find some cash to pay it's employees.
- bmelton 13y agoWell, in order for them to arbitrarily raise wages, they'd have to be convinced that it was in the best interests of their shareholders. Which means they'd have to figure out how to justify paying somebody more money to do the same amount of work, in a position that is effectively fungible. Failing that, they'd have to figure out a way to get more work done out of each employee for less profit, or convince all of America that they should pay higher prices for commodity goods and still shop at Wal-Mart while doing so.