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Reply #9: Planet U.S. [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
Zambero Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-21-06 02:40 PM
Response to Reply #8
9. Planet U.S.
According to the source below, $9.68 was the "average" full time salary for 2005, some higher, some lower. I don't have part-time employee figures, but they would almost certainly be even lower. Their CEO makes a trifle more per hour however:

www.wakeupwalmart.com/facts/Wal-mart-pay-gap.pdf

A recent article in the Idaho Statesman put Walmart's Idaho pay rate at just over $9/hr. The (Republican) State Senate majority (GOP) leader, a few other Republicans, and all State Senate Democrats (yes, there are a few in ID) favor legislation that would compel ID Walmarts to cover a larger share of employee health benefit costs, along the lines of Maryland's new law. The rationale is that Walmart's policies increase it's profit margin, but also increase the Medicaid burden on the state's taxpayers. Some Republicans are opposed or undecided. But the State Senate leadership will be pushing it hard.

Another factoid I discovered today:
After all employee costs and overhead are calculated, Walmart clears $6,000 per employee.
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