Walmart has been criticized for its salary policies. And now it is revealed that how exactly an employee makes in an hour of work.
Let’s Know About Walmart
Walmart inc. is an American multinational retail corporation that works in a series of hypermarkets, discount department stores, and grocery stores. Sam Walton is the founder of Walmart Inc. It has 11,368 stores across the globe available at every location. The company is managed by the Walmart family. Walmart stores have every necessary product that is used to sustain the lifestyle.
You can find more details on Walmart Official Website.
Let’s Know The Exact Facts And Figures
Sen. Bernie Sanders criticized the retail giant’s pay rates for store employees as famine wages.
Walmart has contradicted that its average store employee makes close to $15 an hour. In spite of the fact that its minimum starting hourly wage is $11.
According to 1,076 reported salaries, Glassdoor ended up assuming that cashiers made almost an entire dollar more than Payscale’s assumptions.
Glassdoor average hourly rate: $11
PayScale average hourly rate: $10.14
We can feel the difference between the two payScale average. Walmart has 2.2 million workforces across the globe.
Though it’s hectic to survive in such a minimum salary. And therefore they have been criticized and demanded to increase its salary. They tried to hide the true data. They tried to reveal some other data that they are paying satisfying wages to their employees. But it was not true.
They are not paying satisfactory wage rates to their employees and the workforce. They need to increase and change their salary policies. So that their workers can work hard with full satisfaction. And so their needs get fulfilled.