How are they going to respond to a move by the retail king that clearly benefits its employees?
From AP:
Wal-Mart made its annual bonus for store employees public for the first time in two decades, saying today that about 80 percent of hourly workers would split more than a half-billion dollars.
Based on the numbers Wal-Mart Stores Inc. released, the mathematical average payment would be $651 per worker but Wal-Mart said the individual amounts varied. It declined to provide a range or the specific level of payments, citing competition with other employers.
In the past, the bonus has been $1,000 for full-time workers and up to $500 for part-timers, according to former Wal-Mart managers who declined to be named because the information is competitive.
Sometime around 1970, Wal-Mart founder Sam Walton added profit sharing bonuses to his employees compensation package, something the he called "the smartest thing I ever did."
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