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| Topic: another reason to hate wal-mart... | |
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Mexico Supreme Court to Wal-Mart: You can't pay workers with gift cards Posted Sep 6th 2008 3:10PM by Zac BissonnetteZac Bissonnette RSS Feed Filed under: Law, Wal-Mart (WMT), Employees Mexico's Supreme Court has ruled that Wal-Mart de Mexico, also known as Walmex, violated the country's constitution by paying workers, in part, in vouchers only redeemable at the store. Walmex is a wholly-owned subsidiary of Wal-Mart Stores Inc. (NYSE: WMT). That's right: Wal-Mart was trying to pay its workers with gift cards. That sounds bad but it's really not quite as messed up as it seems. The Wall Street Journal reports (subscription required) that "the retailer said the program was voluntary, and designed to help our employees acquire basic necessities." It went on to explain in the statement that under the program, "Walmex would put store credit on electronic cards and the employees could contribute a matching amount." Here's what I don't understand: if the company wants to offer employees the option of being paid with store credit -- and employees want to take advantage of the offer -- whose rights are being violated? The reality is that Wal-Mart offers compelling values on household items and, for many low-income workers, the chance to receive a portion of earnings in store credit would be a good opportunity. If it isn't, they don't have to take it! I'm not sure why the courts needed to get involved here. Walmex???????  it' s para las familias mexicanas...   the mexican's walmart... i guess they needed a different name there |
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Mexico Supreme Court to Wal-Mart: You can't pay workers with gift cards Posted Sep 6th 2008 3:10PM by Zac BissonnetteZac Bissonnette RSS Feed Filed under: Law, Wal-Mart (WMT), Employees Mexico's Supreme Court has ruled that Wal-Mart de Mexico, also known as Walmex, violated the country's constitution by paying workers, in part, in vouchers only redeemable at the store. Walmex is a wholly-owned subsidiary of Wal-Mart Stores Inc. (NYSE: WMT). That's right: Wal-Mart was trying to pay its workers with gift cards. That sounds bad but it's really not quite as messed up as it seems. The Wall Street Journal reports (subscription required) that "the retailer said the program was voluntary, and designed to help our employees acquire basic necessities." It went on to explain in the statement that under the program, "Walmex would put store credit on electronic cards and the employees could contribute a matching amount." Here's what I don't understand: if the company wants to offer employees the option of being paid with store credit -- and employees want to take advantage of the offer -- whose rights are being violated? The reality is that Wal-Mart offers compelling values on household items and, for many low-income workers, the chance to receive a portion of earnings in store credit would be a good opportunity. If it isn't, they don't have to take it! I'm not sure why the courts needed to get involved here. Walmex??????? it' s para las familias mexicanas... the mexican's walmart... i guess they needed a different name there Mexican's Walmart? I thought that's what they called Walmart in general......... 
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Mexico Supreme Court to Wal-Mart: You can't pay workers with gift cards Posted Sep 6th 2008 3:10PM by Zac BissonnetteZac Bissonnette RSS Feed Filed under: Law, Wal-Mart (WMT), Employees Mexico's Supreme Court has ruled that Wal-Mart de Mexico, also known as Walmex, violated the country's constitution by paying workers, in part, in vouchers only redeemable at the store. Walmex is a wholly-owned subsidiary of Wal-Mart Stores Inc. (NYSE: WMT). That's right: Wal-Mart was trying to pay its workers with gift cards. That sounds bad but it's really not quite as messed up as it seems. The Wall Street Journal reports (subscription required) that "the retailer said the program was voluntary, and designed to help our employees acquire basic necessities." It went on to explain in the statement that under the program, "Walmex would put store credit on electronic cards and the employees could contribute a matching amount." Here's what I don't understand: if the company wants to offer employees the option of being paid with store credit -- and employees want to take advantage of the offer -- whose rights are being violated? The reality is that Wal-Mart offers compelling values on household items and, for many low-income workers, the chance to receive a portion of earnings in store credit would be a good opportunity. If it isn't, they don't have to take it! I'm not sure why the courts needed to get involved here. Walmex??????? it' s para las familias mexicanas... the mexican's walmart... i guess they needed a different name there Mexican's Walmart? I thought that's what they called Walmart in general......... from what i understand, there is no wal marts in mexico, only wal mex... i could be wrong though... |
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Why didn't Walmart just tell their employees that they could just shop at Walmart at greatly reduced prices like other stores? This sounds like an old fashioned company store to me. Maybe the government got cheated out of income tax or something. |
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When i worked at Lane Bryant they forced me into opening a credit card in their company and i was only allowed to wear clothes from their store to work which had to be purchased only on their credit card. Or else I didnt get the job. I said, what if i dont want your credit card, they said then you dont get the job. Ummmmmmm, that's illegal. |
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Why didn't Walmart just tell their employees that they could just shop at Walmart at greatly reduced prices like other stores? This sounds like an old fashioned company store to me. Walmart employees only get a discount on non Grocery and Pharmacy items. I believe it is 10%, which barely covers the taxes now days. Hell Best Buy's was awesome when I worked there. You got everything at their cost plus 5%. |
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