Thursday, August 23, 2007
Brandon and I watched "Walmart: The High Cost of Low Price" this week.
Here are a few things I learned:
Wal-Mart, the biggest company in the world,...
...drives down wages in urban areas
...offers an overpriced, pathetic benefits package to its full-time employees.
...discourages employees from joining Unions
...encourages employees to work off the clock, acting as though their jobs depend upon it
...discourages overtime & regularly (illegally) moved or removed employee hours from their timecard/payroll to avoid paying overtime hours.
...is facing a class-action lawsuit for discrimination against female employees.
...is continuously being fined by the EPA for Clean Water Act violations.
...parking lots are a hotspot for crime because their few security cameras are often not monitors and most of their huge parking lots are without security patrols.
...hurts local business.
The WALTON FAMILY (Wal-Mart owners) Has Given LESS THAN 1% of Their Wealth to Charity (Bill Gates has given 58%).
The WALTON FAMILY Made $3.2 MILLION in Political Contributions in 2004.
A WAL-MART Worker may donate money from their paycheck to the CRITICAL NEED FUND, a program to aid other employees in times of crisis, like a fire or tornado. In 2004, WAL-MART Employees gave OVER $5 MILLION to help fellow workers. The Walton Family gave $6,000.
Most Walmart products are imported from other countries, rather than made in the USA.
Walmart's factories in China have employees that work 14 hour days, seven days a week and are forced to pay to live in the Walmart dormitory.
Workers in Central and South America work in inhumane conditions as well.
I recommend renting the dvd.