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DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Old 11-21-13, 01:23 PM
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DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

http://www.nbcwashington.com/news/lo...232488871.html

600 / 23000 = 2.6%

Even Harvard can't be that selective. For a company that some consider to be legalized slavery, a lot of people seem to want to work there.
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Old 11-21-13, 01:35 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

I believe they are the nation's largest employer.

Millions of people like to eat at McDonalds. That doesn't make them have nutritional food. It's cheap and greasy, kind of like Walmart.

The problem with Walmart is that they have the opportunity to make those employees lives much better and choose not to.
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Old 11-21-13, 01:37 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

I don't understand why so many people applied for low paying jobs when they can sit home and collect welfare to pay for their BMW and big screen TV.
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Old 11-21-13, 01:38 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Those two locations aren't in as bad of neighborhoods (which is to say not really at all) as I would have thought.
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Old 11-21-13, 01:38 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by CRM114 View Post
I believe they are the nation's largest employer.
The Department of Defense/US Government are the largest, but Walmart is the largest company.
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Old 11-21-13, 03:56 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by CRM114 View Post
I believe they are the nation's largest employer.

Millions of people like to eat at McDonalds. That doesn't make them have nutritional food. It's cheap and greasy, kind of like Walmart.

The problem with Walmart is that they have the opportunity to make those employees lives much better and choose not to.
Choosing to provide people a job doesn't better them?

But if i get what your ltrying to say, that's not Walmarts business model at this time. They know exactly what they get for what they pay. It works for them (and evidently the employee based on the number of applicants) and their customers (based on their success). As does McDonalds business model for their food.

Starbucks, Costco, Apple, Google, UPS and any other company that has a reputation for being a great to employees has models that work for them (and their employees) and their customers (based on their success).

Not really sure I see the issue.
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Old 11-21-13, 06:49 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by slappypete View Post
I don't understand why so many people applied for low paying jobs when they can sit home and collect welfare to pay for their BMW and big screen TV.
Great generalization.
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Old 11-21-13, 06:56 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by RoyalTea View Post
http://www.nbcwashington.com/news/lo...232488871.html

600 / 23000 = 2.6%

Even Harvard can't be that selective. For a company that some consider to be legalized slavery, a lot of people seem to want to work there.
Going to change the "want" to "need" to work there. Taking what they can get.
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Old 11-21-13, 06:57 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by slappypete View Post
I don't understand why so many people applied for low paying jobs when they can sit home and collect welfare to pay for their BMW and big screen TV.
wm lopez?
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Old 11-21-13, 07:00 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

I thought it was sarcasm.
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Old 11-21-13, 07:08 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by DaveyJoe View Post
I thought it was sarcasm.
Thank you. I can't believe no one else got it. Obviously most of those applications were meant to be ironic: "Oh, sure, I'd looove to 'work' in your 'wonderful' 'store'."
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Old 11-21-13, 07:32 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by RoyalTea View Post
http://www.nbcwashington.com/news/lo...232488871.html

600 / 23000 = 2.6%

Even Harvard can't be that selective. For a company that some consider to be legalized slavery, a lot of people seem to want to work there.
A lot of people want to work. Wal-Mart opening a new store means that a lot of new jobs will be available, so of course people will apply there.
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Old 11-21-13, 08:51 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by DaveyJoe View Post
I thought it was sarcasm.
Thank you. I'm a little disappointed that it wasn't more obvious. Maybe I should be frightened.
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Old 11-21-13, 09:02 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by CRM114 View Post
The problem with Walmart is that they have the opportunity to make those employees lives much better and choose not to.

From a realistic point of view, how much more could Wal-Mart pay them per hour and still make decent profit? (By "decent profit," I am talking about annual percentage return on investment, and not something like "X billion dollars.")

Costco pays its employees about twice as much as Wal-Mart because Costco has about twice as much sales per employee as Wal-Mart. If Wal-Mart was to double its wages but simultaneously lay off half of its employees, would you consider that to be a good tradeoff?
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Old 11-21-13, 09:16 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Yes. Quality over quantity.
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Old 11-21-13, 10:23 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Let them have SNAP.
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Old 11-21-13, 11:20 PM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Walmart Jobs = America Is Coming Back From Recession
















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Old 11-22-13, 01:35 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by Supermallet View Post
Yes. Quality over quantity.
Wonder if the half that were fired (or not hired) would agree with you.
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Old 11-22-13, 02:28 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Good for them. I worked retail for a few years during college... of course I knew it wasn't a long term deal, but it suited me fine and provided steady income. Pretty amazing to see some folks here just not getting it... what times we live in.
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Old 11-22-13, 08:32 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

http://247wallst.com/special-report/...cans-the-least

Ten Companies Paying Americans the Least

1. Walmart

U.S. workforce: 1.4 million
CEO compensation: $20.7 million
Revenue: $469 billion
Net income: $17.0 billion
No. of U.S. stores: 4,759

There are 1.4 million Wal-Mart Stores Inc. (NYSE: WMT) associates working at the company’s 4,759 U.S. stores. Walmart recently announced it would launch Black Friday sales at 6 p.m. on Thanksgiving Day. Critics of Walmart see this as adding insult to injury — forcing retail workers who already earn low wages to cut holidays short. Criticisms like these have been part of an onslaught of claims that Walmart underpays its workers. Walmart disagrees, saying that “for tens of thousands of people every year, a job at Walmart opens the door to a better life.” According to the company, a full-time hourly wage is $12.83. Some argue that the company’s number is inflated, however, reflecting the salaries of higher-paid employees. Hourly wages for sales associates are less than $9.00, according to Glassdoor.com. Walmart’s net income rose to $17 billion last year.


2. McDonald's

U.S. workforce: 739,055 (est.)
CEO compensation: $13.8 million
Revenue: $27.6 billion
Net income: $5.5 billion
No. of U.S. stores: 14,157

In the restaurant industry, the hourly median wage was just over $9.00 as of 2012. However, many McDonald’s Corp. (NYSE: MCD) employees are paid far less, with cashiers and crew members often earning only the minimum wage. In October, several McDonald’s employees were arrested for protesting their wages at the Union League Club of Chicago, where McDonald’s President Jeff Stratton was giving a speech. Between 2008 and 2012, sales and profit margins at McDonald’s have increased. Despite the company’s growth, employees are still hurting. All but admitting the low wages, McDonald’s encourages employees to enroll in food stamps and welfare programs.

3. Target

U.S. workforce: 361,000
CEO compensation: $20.6 million
Revenue: $73.3 billion
Net income: $3.0 billion
No. of U.S. stores: 1,778

Target Corp. (NYSE: TGT) had 361,000 employees working at 1,778 stores in the United States at the end of 2012. The average listed salary on Glassdoor.com for a cashier or an employee on the Target sales floor is less than $9 an hour. In response to Target opening on Thursday, in advance of Black Friday, Target workers drafted a petition last year to “save Thanksgiving.” More than 300,000 people signed the petition. This year, Target stores will open on Thanksgiving Day at 8 p.m. That is an hour earlier than last year.

4. Kroger

U.S. workforce: 343,000
CEO compensation: $11.1 million
Revenue: $96.8 billion
Net income: $1.5 billion
No. of U.S. stores: 2,418

The Kroger Co. (NYSE: KR) employs 343,000 workers in 2,418 stores across the country. The company operates stores under several names, including Kroger, City Market, Dillons and others. A majority of Kroger’s employees are covered by collective bargaining agreements between the company and different unions. In the past few months, Kroger has agreed to terms with unions covering thousands of workers in Virginia and Texas. Kroger’s net profit was $1.5 billion at the end of the most recent fiscal year.

5. Yum! Brands

U.S. workforce: 694,712 (est.)
CEO compensation: $14.2 million
Revenue: $13.6 billion
Net income: $1.6 billion
No. of U.S. stores: 18,069

Yum! Brands Inc. (NYSE: YUM) CEO David Novak received more than $14 million worth of total compensation in the past fiscal year. The company’s revenue rose from $11.3 billion to $13.6 billion. Hourly wages for workers at its KFC, Pizza Hut and Taco Bell chains, however, are still often less than $8 an hour. Yum! Brands has continued to expand, opening more than five new restaurants a day outside the United States in 2012. However many American workers have expressed frustration that the company’s success has not led to an increase in their pay. This summer, fast-food workers at Yum! Brands and other fast-food chains staged protests across the country, demanding higher wages.

6. Sears Holdings

U.S. workforce: 246,000
CEO compensation: $1.3 million (Louis D’Ambrosio, former CEO)
Revenue: $39.9 billion
Net income: -$930 million
No. of U.S. stores: 2,073

Sears Holdings Corp. (NASDAQ: SHLD), owner of both Sears and Kmart, is in heavy competition with other department stores. The median hourly wage for department store workers was just $9.83 in 2012. At Sears, sales associates averaged slightly more than $8 an hour, while cashiers averaged $7.70 per hour. Kmart offered similar pay to its workers as well, with 105 cashiers and 75 sales associates reporting to Glassdoor.com that their hourly wages were less than $8.00. However, Sears Holdings may not have the necessary ability to increase its employees’ pay. Sales have slipped in the past few years, plunging from $47.8 billion in fiscal 2008 to less than $40 billion in the most recent year. The company has also failed to post an operating profit in either of the past two full fiscal years.

7. Darden Restaurants

U.S. workforce: 203,389 (est.)
CEO compensation: $6.4 million
Revenue: $8.6 billion
Net income: $412 million
No. of U.S. stores: 2,105

Revenues at Darden Restaurants Inc. (NYSE: DRI), the parent company of chains such as Olive Garden and Red Lobster, rose from just $7.2 billion in 2009 to $8.6 billion in fiscal 2013. According to Morningstar’s analysis, operating margins have been some of the best in the industry in the past few years. Additionally, instead of raising wages, the company’s funds have been used effectively “to fund growth concepts and enhance total shareholder returns.” Yet the results have not been enough for investors, some of whom have pushed for the company to split and continue to cut costs faster. In 2013, Fortune named Darden one of the “100 Best Companies to Work For,” citing access to low-cost health insurance for part-time employees. Still, pay for many workers at Olive Garden and Red Lobster is frequently less than $10.00 per hour, according to Glassdoor.com. However, many of these employees may receive tips in addition to their base pay.

8. Macy's

U.S. workforce: 175,700
CEO compensation: $13.8 million
Revenue: $27.7 billion
Net income: $1.3 billion
No. of U.S. stores: 844

Annual revenue at Macy’s Inc. (NYSE: M) has risen slightly over the past four years, up from roughly $25 billion in 2008 to more than $27.7 billion at the end of its latest fiscal year. Macy’s, the second-largest department store in the United States, exceeded Wall Street’s expectations this past quarter, posting large increases in sales and earnings from the year before. Earlier this year, members of the United Food and Commercial Workers Union ratified a five-year agreement with Macy’s that should help protect the benefits of nearly 700 Macy’s employees in Maryland and
Washington, D.C. According to Glassdoor.com, associates are paid under $9 an hour on average.

9. TJX Companies

U.S. workforce: 138,211 (est.)
CEO compensation: $21.8 million
Revenue: $25.9 billion
Net income: $1.9 billion
No. of U.S. stores: 2,355

The TJX Companies Inc. (NYSE: TJX) operates Marshalls, TJ Maxx and HomeGoods in the United States. The company’s stores are off-price retailers, meaning they buy unsold inventory from manufacturers and other retailers and resell it at a discount. TJX’s sales have grown in the past four consecutive fiscal years as the retailer also boosted its operating profit margin. Despite the company’s success, sales associates at its stores earn less than $8 an hour on average, according to Glassdoor.com.

10. Starbucks

U.S. workforce: 120,000
CEO compensation: $28.9 million
Revenue: $13.3 billion
Net income: $1.4 billion
No. of U.S. stores: 5,415/7,049/13,493

Starbucks Corp. (NASDAQ: SBUX) employs 120,000 workers across the United States. Howard Schultz, the company’s CEO, has become a billionaire by turning Starbucks from a small coffee retailer into one of the world’s most famous brands. Last year, Schultz took home nearly $29 million in total compensation. Schultz is often viewed as a progressive executive, due to his support of gay marriage and his request that customers not bring guns into Starbucks locations. In an interview with CNBC in March, Schultz cautiously supported a minimum wage hike. However, according to Glassdoor.com, baristas at Starbucks are paid an average of less than $9 an hour. Schultz has downplayed the relevance of these figures.
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Old 11-22-13, 08:44 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Questionable or not, this raises a good point.

Here's How Walmart Could Pay Workers a Decent Wage Without Raising Prices

Walmart has gotten a lot of bad press this week over news of an Ohio store holding a food drive for its own workers, who were unable to buy Thanksgiving groceries on the retail giant's paltry wages. The store managers deserve credit for their thoughtfulness, but wouldn't it be better if Walmart simply paid its workers enough to feed themselves? A new report from Demos, a liberal think tank, suggests that doing so wouldn't be as hard as you might think.

According to the report, "A Higher Wage Is Possible," Walmart spends $7.6 billion a year buying back stock. Those purchases drive up the company's share price, further enriching the Walton family, which controls more than half of Walmart stock (and for that matter, more wealth than 42 percent of Americans combined.) If Walmart instead spent that money on wages, it could give each of its 1.3 million US employees a $5.83 per hour raise—enough to ensure that all of them are paid a wage equivalent to $25,000 a year for full-time work.

Walmart and its defenders like to argue that raising wages would require it to raise prices, which would in turn hurt its low-income shoppers. But Demos disagrees: "Curtailing share buybacks would not harm the company's retail competitiveness or raise prices for consumers," the report says. "In fact...higher pay could be expected to improve employee productivity and morale while reducing Walmart's expenses related to employee turnover."

A spokesperson for Walmart did not immediately respond to a request for comment.
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Old 11-22-13, 09:15 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by RoyalTea View Post
For a company that some consider to be legalized slavery, a lot of people seem to want to work there.
The only way this this leap of logic makes sense is if people were quitting their jobs in droves to go work at Wal-Mart. More than likely these thousands of DC-area people are unemployed and desperate for just about anything.
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Old 11-22-13, 09:20 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by Hokeyboy View Post
The only way this this leap of logic makes sense is if people were quitting their jobs in droves to go work at Wal-Mart. More than likely these thousands of DC-area people are unemployed and desperate for just about anything.
Keep in mind also that DC has several large 4-year colleges located within its boundaries. I suspect that a lot of these applicants were college students.
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Old 11-22-13, 09:25 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

No, these are doctors and federal employees leaving their jobs and crawling over each other in a desperate scramble because the lifestyle of a WalMart employee is just too good.
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Old 11-22-13, 09:41 AM
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Re: DC's 1st Walmart to open soon. 23,000 people applied for 600 jobs

Originally Posted by DaveyJoe View Post
No, these are doctors and federal employees leaving their jobs and crawling over each other in a desperate scramble because the lifestyle of a WalMart employee is just too good.
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