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The Anti-Walmart

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I guess you can pay people what they are worth and still make a little coin.

[quote]Costco's average pay, for example, is $17 an hour, 42 percent higher than its fiercest rival, Sam's Club. And Costco's health plan makes those at many other retailers look Scroogish. One analyst, Bill Dreher of [url="http://www.nytimes.com/redirect/marketwatch/redirect.ctx?MW=http://custom.marketwatch.com/custom/nyt-com/html-companyprofile.asp&symb=DB"]Deutsche Bank[/url], complained last year that at Costco "it's better to be an employee or a customer than a shareholder." [/quote]

http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?pagewanted=all&_r=1
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And they won't kill you if you shoplift!

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Who knew you could pay a living wage and provide benefits in retail?!

When I worked at Sears, we could see our sales/hour and total contribution per hour. It was always significantly less than what we actually earned.

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[quote]Despite Costco's impressive record, Mr. Sinegal's salary is just $350,000, although he also received a $200,000 bonus last year. That puts him at less than 10 percent of many other chief executives, though Costco ranks 29th in revenue among all American companies.[/quote]

oh look a CEO who isn't a total fuging parasite

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Plus their managers can stop alien invasions. fug Wal Mart

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85% of walmart employees could not get a job at costco.

atleast in my area

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[quote]
[color=black][size=3][left]
Representative-elect Alan Grayson (D-FL) said Monday that he will put mega-retailer Walmart squarely in his sights during the next Congress for the company’s liberal use of public assistance programs to supplement their workers’ wages.
Speaking to Current TV host Cenk Uygur on Monday’s episode of “The Young Turks,” Grayson called Walmart “the largest recipient of public aid in the country,” saying their low wages force workers to take food stamps, housing assistance and Medicaid just to get by.
“The taxpayer pays for the earned income credit,” he said. “The taxpayer pays for Medicaid. The taxpayer pays for unemployment insurance when they cut hours down. And the taxpayer pays for other forms of public assistance like food stamps. I think the taxpayer is getting fed up of paying these things when, in fact, Walmart could give every employee its got, even the CEO, a 30 percent raise and still be profitable.”
He added that while the health care mandate in the Affordable Care Act will help, “that’s just the start.”
“In state after state after state, Walmart employees represent the largest group of Medicaid recipients, the largest group of food stamp recipients, and taxpayers shouldn’t have to bear that burden,” Grayson said. “It should be Walmart. So, we’re going to take that burden and put it where it belongs: on Walmart.”
[url="http://s.tt/1uYM2"][img]http://1.rp-api.com/3532351/via.png[/img]Raw Story [/url] ([url="http://s.tt/1uYM2"]http://s.tt/1uYM2[/url])[/left][/size][/color]
[/quote]

http://www.rawstory.com/rs/2012/11/27/grayson-walmart-is-the-largest-recipient-of-public-aid-in-the-country/

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[quote name='Panthro' timestamp='1354033300' post='2018928']
I guess you can pay people what they are worth and still make a little coin.



[url="http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?pagewanted=all&_r=1"]http://www.nytimes.c...wanted=all&_r=1[/url]
[/quote]


Great read on Walmart....

However, I did notice that this is from 2005?

Regardless, still good read.

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[quote name='mmmbeans' timestamp='1354041501' post='2019203']
[url="http://www.rawstory.com/rs/2012/11/27/grayson-walmart-is-the-largest-recipient-of-public-aid-in-the-country/"]http://www.rawstory....in-the-country/[/url]
[/quote]
[url="http://walmartwatch.com/wp-content/blogs.dir/2/files/pdf/tax_avoidance_schemes.pdf"]http://walmartwatch.com/wp-content/blogs.dir/2/files/pdf/tax_avoidance_schemes.pdf[/url]

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[quote name='mmmbeans' timestamp='1354041501' post='2019203']
[url="http://www.rawstory.com/rs/2012/11/27/grayson-walmart-is-the-largest-recipient-of-public-aid-in-the-country/"]http://www.rawstory....in-the-country/[/url]
[/quote]

but madhatter told me that people on public assistance are lazy people who don't want to work

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Not really news. How many stores are they opening next year? People need jobs and these seem good.

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supply and demand.

If i started a company today and had 100 people willing to work for $12 per hour, why would I pay them $20? Bad economy will contribute this these types of things. Guess you complainers never shop there?

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i agree pstall, it's not really news that large corporations have the capability to compensate their employees well but choose not to in favor of funneling money to CEOs and other assorted rich people

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[quote name='gospodin shuttlesworth' timestamp='1354045018' post='2019335']
i agree pstall, it's not really news that large corporations have the capability to compensate their employees well but choose not to in favor of funneling money to CEOs and other assorted rich people
[/quote]

there are lots of people who would be happy to take your money.

why don't you walk down the street and give it away.

you have the ability to give your money away, no? then do it.

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Not news about costco flipper.

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increasing wages is equivalent to giving money away? what about when CEO compensation increases dramatically while worker wages stagnate? is that not "giving money away," or does it only count as free money when you're giving it to poor people?

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Being a business owner I see both sides of this, but I def agree that CEO pay is way out of whack...

...and sure, you can hire people for $12/hr instead of $20/hr, but you'll get a whole different kind of employee for the $20/hr wage.


I treat my employees fairly and if there are bonuses or increases, they get what I get. Of course, since 2008, we've had no bonuses or increases and actually had to cut back...

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I agree ceo pay is out of whack. No doubt. But who decides on the amount? Who decides on the wages? The board.
The boards need to be re evaluated. I say have 2 outsiders on every fortune 500 board. Get rid of cronyism.

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[quote name='stirs' timestamp='1354044941' post='2019331']
supply and demand.

If i started a company today and had 100 people willing to work for $12 per hour, why would I pay them $20? Bad economy will contribute this these types of things. Guess you complainers never shop there?
[/quote]

You get what you pay for.

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I hate Walmart. Costco in Spartanburg was awesome. I used to go there religiously.

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[quote name='gospodin shuttlesworth' timestamp='1354043888' post='2019293']

but madhatter told me that people on public assistance are lazy people who don't want to work
[/quote]

I have said over and over that I am all for helping people who are working to help themselves. If you take a job and work your ass off, yet still need assistance......I am all for it.

What I am against is the people who are capable of working and sit on their lazy asses drawing a welfare check.

As for Wal-Mart. I hate them....won't shop in their stores which are nasty.

But, they pay above minimum wage and then supply and demand dictates what they pay. Costco pays more...go work for Costco.

Also have no issues picketing for higher wages...that is fully within workers rights. Does not mean the company will cave, but go for it.

But the Walmart thread about people bitching about having to work holidays was ridiculous. Retail work means holiday work.
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[quote name='MadHatter' timestamp='1354062091' post='2019804']


I have said over and over that I am all for helping people who are working to help themselves. If you take a job and work your ass off, yet still need assistance......I am all for it.

What I am against is the people who are capable of working and sit on their lazy asses drawing a welfare check.

As for Wal-Mart. I hate them....won't shop in their stores which are nasty.

But, they pay above minimum wage and then supply and demand dictates what they pay. Costco pays more...go work for Costco.

Also have no issues picketing for higher wages...that is fully within workers rights. Does not mean the company will cave, but go for it.

But the Walmart thread about people bitching about having to work holidays was ridiculous. Retail work means holiday work.
[/quote]

How dare you use simple logic Hatter!

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Parking and access at the local Costco is annoying according to my wife, which is why she prefers Sams.

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Because no one shops there?

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[quote name='Panthro' timestamp='1354109434' post='2020349']
Because no one shops there?
[/quote]
Parking lot is generally full, and its designed better with easier access. Of course, Costco does have a much higher ratio of elitis[url="http://abcnews.go.com/blogs/politics/2012/10/ann-romney-shares-her-137-50-costco-list-for-30/"]t snobs[/url]. :)

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