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Wal-Mart - Research Paper Example

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This research paper not only describes the Walmart, that is one of the largest retail stores of the United States of America, but also analyzes on how the business boasts a very important role that it plays in the expanding and growing economy of the country today. …
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Download file to see previous pages The two newspapers, New York Times and the Washington Post published articles saying that the retailer has benefited the low income consumers so much that it definitely counter-acts the harsh labor practices. There is ample empirical evidence which shows that the workers of Wal-Mart are earning below than the average and they are paid with lower wages. Apart from the monetary rewards, even the non monetary rewards that they are not sufficient. This shows that the average wages awarded to the workers of Wal-Mart are less than what many workers get awarded at different large retail stores. The controversy continued deep persisted that how the local pay scale affects Wal-Mart and its image. Research suggest that the openings of the Wal-Mart replaces the better and well paying jobs with the jobs that pay less or below than the average level. Looking at the entry of Wal-Mart and its mission of providing cost effective goods and services, the wages of the average workers have been driven down as a result. This trend is specifically noticed in the grocery stores industry. During the time period of between 1992 and 2000, it was noticed as soon as a Wal-Mart store would open up in a region; let’s say a county, the average wages will automatically push down between 0.5 and 0.9. If we take a look at the general view, the wages in the merchandise sector fell by 1% with the inauguration of a Wal-Mart store. These effects weren’t just noticed in the counties, but at the state level as well. The trend showed that with the opening of every 50 Wal-Mart stores opening, the average wages decreased 10 per cent. According to another research the health coverage offered to the workers decreased due to the entry...
This research paper describes the Walmart, that is the largest retail store of the world today which has very successfully reached an enormous size, providing its consumers the high quality products throughout the US, without compromising on the quality. Wal-Mart has introduced the strategies which help in increasing the employment rate and also focusing on the controlling of the laid off rates. They have taken notice of the critics pointing out on the labor and low wages controversies and hence have introduced strategies to control this. Wal-Mart Stores run the largest discount department stores all around the world and listed it as the world’s third largest corporation. Although it employs more than a two million workers under its name, but the critics state continuously that Walmart tries to exploit its workers with low wages and less non monetary rewards. Any company which goes big become the eye of criticism. And Wal-Mart made sure that the workers are provided with their basic benefits. A genre discrimination lawsuit was filed against Walmart stating that the female workers were treated with discrimination especially in terms of salaries, non monetary benefits and the working conditions as well. Where there are certain criticisms related to the working conditions of the employees and how they are not treated well. However, the researcher believes that this is a part of the popularity and the market share that Wal-Mart has gotten hold of in a short period of time that such criticisms are being given. ...Download file to see next pagesRead More
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