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Heh heh
Date: 27 Oct 2005 15:50 (UTC)no subject
Date: 27 Oct 2005 16:08 (UTC)no subject
Date: 27 Oct 2005 16:13 (UTC)no subject
Date: 27 Oct 2005 17:08 (UTC)no subject
Date: 27 Oct 2005 21:37 (UTC)Some of the things they speak of are just a good idea from a corporate standpoint -- such as their 401(k) changes...
Currently they have a 4% 'automatic' deposit if you're eligable (I've never heard of this being an option!)
They intend to switch to a 3% corporate match, which encourages the employee to save for their own future.
But wait! That's a 1% reduction in their benefit. Yes, true. But the employee now gets 6% of their salary in their account instead of 4%, is encouraged to put SOMETHING away (versus it being done for them) and who knows, they might actually sock even MORE away than the match points.
Personally, I'd rather see Walmart stick with 4%, but make it 1/2% match for first 8% in order to encourage the workers to really explore the 401(k).
That said, some of the other points in that memo are pretty much despicable. They're constantly worried about their image and public perception and have the audacity to imply that workers should consider taking 'paid time off' in lieu of life insurance or medical benefits.
Anyway -- as always, this is a question of viewpoint and packaging.
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Date: 27 Oct 2005 22:21 (UTC)more interesting shit about wal-mart
Date: 28 Oct 2005 00:11 (UTC)no subject
Date: 28 Oct 2005 14:58 (UTC)DON'T GET SICK.