Thursday, February 19, 2015

Walmart salary increases det # x2019; half a million det … # x2019 – Boursorama

Walmart salary increases det # x2019; half a million det … # x2019 – Boursorama

In a California Walmart store in November 2014.

In a California Walmart store in November 2014.

With this measure, the first US employer compensates wage policy hitherto very low and hope it will boost its sales.

Walmart has taken, Thursday 19 February, a dramatic initiative by announcing wage increases of 500 000 employees. The global leader in the distribution, which is also the first US private employer with 1.3 million employees, is committed to raise the minimum wage to $ 9 (7.9 euros) from April 7 against 5 dollars so far, before moving to $ 10 in February 2016, an overall increase of 34%. “We always try to do the best and strengthen our business. Often we do, but sometimes we fail. When this is the case we correct the shot, “argues Doug McMillon, CEO of Walmart, in a letter to employees, as a mea culpa on remuneration policy to date by the company. DésastreuseIl social image there is a little over a year when he was appointed, the boss brought a new dynamism, while the results of the group were at half mast. It accelerated investments in e-commerce, improved cost-rays, modernized logistics to reduce stock-outs, while focusing on a new convenience store fo rmat. But the CEO realized that these efforts will bear fruit only if Walmart was able to improve its disastrous social image. The sign is a regular target of the unions, who complain about working conditions and low wages. Comparison with Costco, one of its prin …

Find this article on LeMonde.fr


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