Wal Mart says it will add 22,000 jobs this year
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Wal Mart says it will add 22,000 jobs this year
http://news.yahoo.com/s/ap/20090604/ap_on_bi_ge/us_wal_mart_jobs
Great to see a company adding jobs without needing any stimulus money to create jobs!
BENTONVILLE, Ark. – As Wal-Mart Stores Inc. opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new positions.
Those positions include plenty of cashiers and stock clerks, but the world's largest retailer will also be adding store managers, pharmacists and personnel workers.
Wal-Mart is holding its annual shareholders meeting on Friday, and employees from its stores around the world are spending the week in Bentonville at company headquarters.
Wal-Mart, still the target of criticism from union-backed groups for its pay and benefits, has improved its health insurance coverage and opened it to full- and part-time employees. The company says 94 percent of its employees have health coverage, either through Wal-Mart or another family member.
"At Wal-Mart, we offer competitive pay and benefits and real opportunities for our associates to advance and build careers," Wal-Mart Vice Chairman Eduardo Castro-Wright said. "Job creation is just one way in which we're working hard every day to help people across this country live better."
Other employee benefits include a 401(k) plan, stock purchases and discounts for workers making in-store purchases.
The company has touted its generic drugs program in which Wal-Mart is selling $4 prescriptions for many popular medicines. Competitors, such as Kroger Co., have matched the price for some prescriptions.
"During this difficult economic time, we're proud to be able to create quality jobs for thousands of Americans this year," Castro-Wright said.
Earlier this year, the company shared more than $2 billion with its workers through bonuses, profit sharing and payments into the company 401(k) plan.
Wal-Mart has more than 2.1 million employees in the U.S. and abroad. The company had sales last fiscal year of $401 billion.
Great to see a company adding jobs without needing any stimulus money to create jobs!
Re: Wal Mart says it will add 22,000 jobs this year
This is probably only equivalent to about 3,000 to 3,500 full time positions.
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Re: Wal Mart says it will add 22,000 jobs this year
Cincy Fan 44 wrote:http://news.yahoo.com/s/ap/20090604/ap_on_bi_ge/us_wal_mart_jobsBENTONVILLE, Ark. – As Wal-Mart Stores Inc. opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new positions.
Those positions include plenty of cashiers and stock clerks, but the world's largest retailer will also be adding store managers, pharmacists and personnel workers.
Wal-Mart is holding its annual shareholders meeting on Friday, and employees from its stores around the world are spending the week in Bentonville at company headquarters.
Wal-Mart, still the target of criticism from union-backed groups for its pay and benefits, has improved its health insurance coverage and opened it to full- and part-time employees. The company says 94 percent of its employees have health coverage, either through Wal-Mart or another family member.
"At Wal-Mart, we offer competitive pay and benefits and real opportunities for our associates to advance and build careers," Wal-Mart Vice Chairman Eduardo Castro-Wright said. "Job creation is just one way in which we're working hard every day to help people across this country live better."
Other employee benefits include a 401(k) plan, stock purchases and discounts for workers making in-store purchases.
The company has touted its generic drugs program in which Wal-Mart is selling $4 prescriptions for many popular medicines. Competitors, such as Kroger Co., have matched the price for some prescriptions.
"During this difficult economic time, we're proud to be able to create quality jobs for thousands of Americans this year," Castro-Wright said.
Earlier this year, the company shared more than $2 billion with its workers through bonuses, profit sharing and payments into the company 401(k) plan.
Wal-Mart has more than 2.1 million employees in the U.S. and abroad. The company had sales last fiscal year of $401 billion.
Great to see a company adding jobs without needing any stimulus money to create jobs!
Two points here ...
1) the stimulus is putting $$$$ into peoples pockets to spend and they are spending it at Walmart because times are tough so in all reality this growth IS stimulus related. No stimulus $$$ in the economy no spending at Wally's = not as many new stores.
2) With the economy is the shit tank people are buying more at Wallys' than at Walgreens or Krogers therefore Wally's is reaping the rewards of a down economy.
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Re: Wal Mart says it will add 22,000 jobs this year
Bman wrote:2) With the economy is the shit tank people are buying more at Wallys' than at Walgreens or Krogers therefore Wally's is reaping the rewards of a down economy.
I don't speak for the corporation, but it sure seems locally their traffic is down considerably. Their parking lots aren't nearly as packed as just a few months ago. (maybe I'm just imagining things)
LTRT- Jedi Master
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Number of posts : 3456
Re: Wal Mart says it will add 22,000 jobs this year
meta4 wrote:This is probably only equivalent to about 3,000 to 3,500 full time positions.
Not just picking on you but the stigma that goes with Wal Mart job. I'm quite sure when you have a couple of million people you get the occasional dirt bag employee and manager. There wages are comparable to if not better than most retail positions (and some factories around here). They do promote from within more than most businesses. In other words if you work hard you get promoted. MIL & FIL both work as dept. managers at a wal mart down south. Both have started out at the bottom and worked there way up to department managers. While they are not rubbing elbows with Bill Gates they are comfortable in their living standards.
There stores usually run 60-40 with the 60% being full time.
Re: Wal Mart says it will add 22,000 jobs this year
Scooby01_98 wrote:meta4 wrote:This is probably only equivalent to about 3,000 to 3,500 full time positions.
There stores usually run 60-40 with the 60% being full time.
I think you could still double my estimate, even triple it. I still think the job numbers quoted in the article are inflated and misleading. My wife works at WM too, and I'd say she'd disagree with your 60/40, but flip it to 40/60 and I think you'd be closer to the real picture.
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