Majority of Walmart Workers Earn Less Than $25K A Year
Last week, Walmart came under fire from Congress and Walmart employees for the dubious half-truths the conglomerate has been telling in its year-long campaign about workers pay, UFCW reported.
During a presentation to Goldman Sachs, Walmart’s U.S. CEO Bill Simon boasted, “more than 425,000 of our employees make $25,000 a year.”
While that admission was not a lie per se, Walart conveniently failed to mention the other 1.3 million employees who make less than $25,000 a year, according to United Food & Commercial Workers’ “Make Change at Walmart Campaign”.
Following the criticism about worker's pay this week, Walmart announced it will make a public round of promotions for about 25,000 of its employees in a bid to drive the message home that Walmart careers can lead to financial security and opportunity”, Huff Post reported.
The surprise promotion ceremonies will be kicked off in its Secaucus New Jersey store and 15 other markets including Atlanta and Denver.
Still, such moves have not satisfied activists who have criticized the “disinformation” publicity stunt for explicitly distorting employee income figures, while failing to provide workers with minimum wages.
As Black Friday draws nearer, campaigners prepare to partake in annual massive, widespread strikes to pressure the conglomerate to pay all of its full-time workers at least $25,000 a year, USA Today reported