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<div class="quote-container"><span>Quote:</span>
<div class="quote-block"><b>Report: Retailer seeks cheaper, more flexible workforce</b><br><br><br><br>
Wal-Mart Stores Inc. is pushing to create a cheaper, more flexible work force by capping wages, using more part-time workers and scheduling more staff on nights and weekends, The New York Times reported on Monday.<br><br><br><br>
Wal-Mart executives say they embraced the new policies for a large number of their 1.3 million workers to better serve customers, the newspaper said.<br><br><br><br>
But some Wal-Mart workers say the changes are further reducing their modest incomes and putting a strain on personal lives, the newspaper reported.</div>
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Full story...<br><br><br><br><a href="http://msnbc.msn.com/id/15102492/?GT1=8617" target="_blank">http://msnbc.msn.com/id/15102492/?GT1=8617</a>
 

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*shrug*<br><br><br><br>
When I worked at walmart I got payed $8.50 to be a glorified stockboy (ICS). Which is obviously over minimum wage.<br><br><br><br>
Was offered a manager position ($10) after a year but couldn't take it because of school. Maybe it was just my store, but employee relations seemed fine.<br><br><br><br>
(I'm not talking about the many other problems about walmart, just employee relations)
 

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This is a new change? I thought Wal-Mart always used a lot of part-time help? I know Meijer is same way.
 

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Wal-Mart tried their tactics in Germany recently.<br><br><br><br>
But the workers did not appreciate being low-paid Cheerleaders.<br><br><br><br>
They also tried to impose their Wal Mart culture on the Germans which did not go down well.<br><br><br><br>
They also refused to respect the fact that in Germany you don't just hire and fire at will. And the ban on "flirting" between staff members was at first thought to be a joke, until people realised it was SERIOUS. This was overruled by the courts though. You can't forbid people to flirt with each other in Germany - LOL!!!!!!!!!!!!!<br><br><br><br>
They closed down. Their kind of exploitation did not go down well.<br><br><br><br>
They lost about 1 billion dollars.<br><br><br><br>
Wal Mart sucks.
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>troub</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
*shrug*<br><br><br><br>
When I worked at walmart I got payed $8.50 to be a glorified stockboy (ICS). Which is obviously over minimum wage.<br><br><br><br>
Was offered a manager position ($10) after a year but couldn't take it because of school. Maybe it was just my store, but employee relations seemed fine.<br><br><br><br>
(I'm not talking about the many other problems about walmart, just employee relations)</div>
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A checker at Whole Foods told me that they make $12 an hour & have really good benefits, too. Still, I don't see how people live on even that. I really don't.<br><br><br><br>
Minimum wage is just plain cruel imo.
 

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Minimum wage may seem cruel, but in the past when minimum wage goes up businesses tend to stop hiring or reduce staff, so the net effect is (once again) polarizing income to higher earners instead of creating equity.<br><br><br><br>
The bottom line is that Wal-Mart tends to promote low price at any cost and now it's not just offshore suppliers who are feeling the burn, it's our friends and neighbours.<br><br><br><br>
Henry Ford paid his employees too well for the day and created a middle class to buy his automobiles. Sam Walton started the same process, but in reverse.
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>delicious</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
A checker at Whole Foods told me that they make $12 an hour & have really good benefits, too. Still, I don't see how people live on even that. I really don't.<br></div>
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yeah whole foods pays really well - for retail.
 

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>>Minimum wage may seem cruel, but in the past when minimum wage goes up businesses tend to stop hiring or reduce staff, so the net effect is (once again) polarizing income to higher earners instead of creating equity.>><br><br><br><br>
Empirical studies comparing changes in minimum wage laws in New England have provided evidence against this. Sometimes (maybe most of the time. we really don't know), raises in minimum wage merely shift would-be profits into wages. The outcome really depends on the conditions of competition and profitability among businesses.<br><br><br><br>
>>Sam Walton started the same process, but in reverse.>><br><br><br><br>
Sam Walton or not, our economy has been moving towards a low-wage service core since the nineteen seventies.<br><br><br><br>
ebola
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>Gnome Chomsky</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br><br><br><br>
Empirical studies comparing changes in minimum wage laws in New England have provided evidence against this. Sometimes (maybe most of the time. we really don't know), raises in minimum wage merely shift would-be profits into wages. The outcome really depends on the conditions of competition and profitability among businesses.</div>
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The study I read on this years back was in New Jersey. (There may have been one in Texas as well.) I want to say Krugman did the on in NJ.<br><br>
Anyway, the study design was decent, as they compared employment levels before and after the increase in the state minimum wage.<br><br>
The problem is, the study did not take into account what effect state economic conditions had on employment. The studies were in the 90s, during a time of economic growth. If the minimum wage increases were not enough to offset wage increases need to hire workers in a growing economy, then I would expect to see no impact on employment.<br><br><br><br>
If the new minimum wage is set at or below the current wage floor for the economy, then no, it won't effect employment.<br><br><br><br>
Try increasing the minimum wage during a recession, and I think the result would be quite different.
 

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>>If the new minimum wage is set at or below the current wage floor for the economy, then no, it won't effect employment.<br><br><br><br>
Try increasing the minimum wage during a recession, and I think the result would be quite different.>><br><br><br><br>
I agree with you, at least partially, and intimated as such:<br><br><br><br>
"The outcome really depends on the conditions of competition and profitability among businesses."<br><br><br><br>
However, I disagree with you if you are asserting that, absolutely, during times of recession, increases in minimum wage will reduce employment. It could be the case that said recession stems primarily from insufficient consumer demand, resulting in production severely below capacity. If that is the case, wage increases could serve as Keynesian demand stimuli.<br><br><br><br>
ebola
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>Gnome Chomsky</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br><br>
However, I disagree with you if you are asserting that, absolutely, during times of recession, increases in minimum wage will reduce employment. It could be the case that said recession stems primarily from insufficient consumer demand, resulting in production severely below capacity. If that is the case, wage increases could serve as Keynesian demand stimuli.<br></div>
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Theoretically? Yes.<br><br>
Practically? No.<br><br>
Any increase in the minimum wage during a recession would have a limited stimulus for two reasons, 1.) small number of workers at minimum wage as compared to the work force as a whole, and (somewhat related) 2.) typcial increases in the minimum wage are rather small, and when multiplied across the work force receiving them, insignificant to the economy as a whole.
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>troub</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
*shrug*<br><br><br><br>
When I worked at walmart I got payed $8.50 to be a glorified stockboy (ICS). Which is obviously over minimum wage.<br></div>
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ok, but if you get paid (just) above minium, and they only give you .... maxium 20 hours a week... that's not enough to live off.<br><br><br><br>
and a 20 hour part time walmart job might be hard to combine with the other jobs you need to make ends meet.<br><br><br><br>
I'm not an american myself, but heard that low income family's in a lot of cases can't make it on one 40 hour a week job.<br><br><br><br><br><br>
On the other hand, it seems not a problem for the walmart branch in the U.K to raise their pay for youghts.<br><br>
(several european countries have special yought minum wages, walmart/Asda seem to be going to pay above that)<br><br><a href="http://business.scotsman.com/retail.cfm?id=1474012006" target="_blank">http://business.scotsman.com/retail.cfm?id=1474012006</a>
 

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>>1.) small number of workers at minimum wage as compared to the work force as a whole, and (somewhat related) 2.) typcial increases in the minimum wage are rather small, and when multiplied across the work force receiving them, insignificant to the economy as a whole.>><br><br><br><br>
Well, this is counterveiled by the idea that the minimum wage will affect wage determinations at higher levels. Also, by your same reasoning, the effect of changes in minimum wage during a recession should be relatively minor on the macroeconomy.<br><br><br><br>
But...I think you have a good point in that I think changes in minimum wage should properly be accompanied by a body of coherent Keynesian policy.<br><br><br><br>
Enough about the economy though...time to write about teh secks!!!1one (paper on Foucault and Marcuse)<br><br><br><br>
ebola
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>Gnome Chomsky</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
The outcome really depends on the conditions of competition and profitability among businesses.<br></div>
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What are these conditions of competition and profitability?<br><br><br><br>
I would think that minimum wage (mandated by the state) has less to do with competition and profitability than inflation and unemployment.
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>delicious</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
A checker at Whole Foods told me that they make $12 an hour & have really good benefits, too. Still, I don't see how people live on even that. I really don't.<br><br><br><br>
Minimum wage is just plain cruel imo.</div>
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I read something about Whole Foods in the top 50 best places to work, they said their lowest paid employees are at $13-something.<br><br>
I think that's great. And the employees are always really nice, in my experience.
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>delicious</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
A checker at Whole Foods told me that they make $12 an hour & have really good benefits, too. Still, I don't see how people live on even that. I really don't.<br><br><br><br>
Minimum wage is just plain cruel imo.</div>
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Nothing to prevent you from tipping those workers.<br><br><br><br><br><br><br><br>
Do you?
 

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>><br><br>
What are these conditions of competition and profitability?>><br><br><br><br>
The crucial question is whether a firm, faced with force wage increases, will find itself in a more profitable position if it fires workers or stomachs the wage increases and keeps its level of employment constant. Under monopolistic (that is, in practice, oligopolistic conditions), the latter is more likely the case than under conditions of fierce price-competition among firms.<br><br><br><br>
The question, then, boils down to whether the firm has a high profit-margin to begin with.<br><br><br><br>
(See Baran and Sweezy's "Monopoly Capital")<br><br><br><br>
ebola
 

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<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>Gnome Chomsky</strong> <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
><br><br>
Well, this is counterveiled by the idea that the minimum wage will affect wage determinations at higher levels. Also, by your same reasoning, the effect of changes in minimum wage during a recession should be relatively minor on the macroeconomy.</div>
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1.) I have never been convinced about how much of an impact minimum wage changes will have on higher wage rates. In addition, it would be reasonable to assume the effect would be dampened in a tight labor market, as there would be less demand pressure to increase wages.<br><br>
2.) I believe the changes in the minimum wage would be limited, but still negative, during a recession.<br><br><br><br><div class="quote-container"><span>Quote:</span>
<div class="quote-block"><br>
But...I think you have a good point in that I think changes in minimum wage should properly be accompanied by a body of coherent Keynesian policy.</div>
</div>
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Urg. I just threw up in my mouth a little bit.
 
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