Walmart Promises $10 Minimum Wage by 2016

Walmart is raising starting wages for more than 100,000 U.S. department managers and workers in its deli and other specialized departments.

The moves mark the next wave of wage hikes by the nation’s largest private employer, which has been under pressure from labor-backed groups for the treatment of its workers. In February, it announced it was increasing minimum wages for entry-level […]

What If Walmart Raised Its Minimum Wage To $70,000 A Year?

Could Walmart afford it?

Well, the company took in $482.2 billion last year in revenue, of which its U.S. operations made up $288.1 billion. It had a profit of $16.18 billion, returned $7.2 billion to shareholders, and paid CEO Doug McMillon $25.6 million. So raising everybody’s salaries that much would definitely leave it without enough cash to cover expenses. Raising everybody […]

Shareholder Activism: Storming The Corporate Castle

These are strange days indeed for shareholder activism. By some measures it’s experiencing a surge. Progressive groups have used the strategy since the early 1970s, but the past few years have seen an increase in its frequency, sophistication and success.

 

In December, for example, the defense contractor Northrop Grumman announced that it would immediately end its membership in the American Legislative […]

Op-Ed: “The Inhuman Relations Awards”

It’s not often that I am moved to present the less-than coveted Inhuman Relations Award to companies who establish a new low in employee abuse.

I understand that there’s a never-ending tug-of-war between working folks who feel overworked and underappreciated and management which considers its employees a temporary nuisance, to be replaced much as you would change the oil in your […]

Animal Welfare Deficit In the U.S. Highlighted in New Report

The 2014 edition of the Business Benchmark on Farm Animal Welfare (BBFAW), a review of the world’s top global foods and their animal welfare policies, has found that animal welfare in the U.S. is “immature.”

The benchmark is aimed mainly at investors and ranks companies on their farm animal welfare management and reporting. The report is independently assembled and funded by […]