Walmartone Wire Associate Login
American workers' productivity is increasing. However, since 2009, real earnings have fallen for the majority of U.S. workers, with low-wage workers witnessing the worst drop in compensation. Companies such as the Gap, Ikea, and McDonald's have lately indicated that they will raise the minimum wage for their employees in response to rising demands from workers earning too little to effectively support their families.
Walmart announced that it would raise salaries for its 500,000 lowest-paid U.S. workers in response to demand from its own employees and the general public. The nation's largest employer raised its minimum wage to $9 per hour in April 2015, with another increase to $10 per hour set to take effect in February 2016 for all workers who have finished a 6-month training program. This is a start in the right direction, but it still falls short of providing Walmart's frontline workers with the pay they deserve—and need—to support their families.
In this study brief, we use the Massachusetts Institute of Technology's Living Wage Calculator to assess the adequacy of Walmart's wage rise in sustaining workers and their families.
Putting in Long Hours but Not Getting By
Walmart is particularly important since it sets the benchmark for the retail industry, which is one of the nation's fastest expanding economic sectors, as we documented in the Demos research A Higher Wage is Possible at Walmart.
Walmart is the largest private employer in the United States, employing about 1.4 million people.
When employees earn too little to satisfy their requirements and demand public assistance, Walmart's actions have an impact on the public sector and taxpayers. Check here how the walmart wire login works.
Finally, Walmart's current policies place it at the forefront of the type of employment model in which employees are paid insufficiently to generate the customer demand required for hiring and economic recovery.
For all of these reasons, it is critical to highlight the negative implications of Walmart's low-wage strategy. We put Walmart's planned $10 wage floor to the test using the MIT living wage calculator. The calculator calculates the fundamental needs of various family types in each state across the United States.
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It includes the minimum cost of food, child care, health insurance, housing, transportation, and basic necessities like clothing and personal care items in various states to provide geographically specific cost of living projections, as well as the baseline wage level required to afford a basic standard of living. We look at earnings for workers who work a full-time schedule of 34 hours per week, a part-time schedule of 20 hours per week, and a more demanding schedule of 40 hours per week at Walmart.
It's important to note that the $10 salary applies only to employees who have finished a 6-month onboarding and training period: given the high turnover rate in the retail industry, many employees will quit before they reach $10 an hour. As a result, many Walmart employees will continue to earn less than $10 per hour. Walmart's upcoming $10 per hour compensation equates to $17,680 per year for a full-time employee working 34 hours per week at Walmart.
Even in low-cost areas like Nebraska, Oklahoma, Ohio, South Dakota, and Arkansas, Walmart's home state, this income only covers around 90% of what a single employee needs to live comfortably. Walmart's compensation of $10 an hour for 34 hours a week in the median state offers only 81 percent of the income needed to support a single adult.
A $10 an hour salary would barely cover the needs of a single adult in 17 states, even if workers were able to pick up extra hours and work an average of 40 hours per week for the year. However, many Walmart employees are not single adults who work full-time. Walmart revealed in a recent earnings conference that almost half of their staff in the United States is part-time. Walmart's upcoming $10 an hour compensation is equivalent to only $10,400 per year on an example part-time schedule of 20 hours per week — less than half of the money required to afford a minimum standard of living for a single adult in 33 states.
Part-time earnings are woefully inadequate, especially given that, compared to other U.S. workers, retail employees are disproportionately likely to be forced to work part-time.
To put it another way, many part-time retail workers wish to work full-time but are limited to part-time hours and drastically inadequate remuneration.
A $10 pay falls even further short of affording a decent standard of living for those seeking to sustain a family. A Walmart employee earning $10 an hour and working the company's full-time schedule of 34 hours a week in the median U.S. state would earn just 39% of the money needed to support an adult with a single child. Even if a single parent was able to have extra hours scheduled and worked an average of 40 hours per week, their compensation would still be less than half of what is required to sustain a child in most states.
At this wage, even two-earner households would struggle to cover basic demands. Consider a hypothetical household of two Walmart employees, both earning the upcoming $10 per hour minimum wage and working a full-time schedule of 34 hours per week. In every state, a two-income family with a pre-tax household income of $35,360 would still fall short of providing basic necessities for two children. Even in the lowest-cost state, their salaries would only provide three-quarters of the income required to support a family of four.
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