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Thursday, April 4, 2013

Current Market Conditions Paper

Walmart which began as a small(a) business in a small Arkansas town has now developed to be one of the largest employers in the United States of America. Though, Walmart has grown to have stores all over the nation, many commonwealth tire?t jockey and realize how big and powerful this caller-out has become. Wal-Mart employs more people than any other high society in the United States exterior of the Federal government, yet the majority of its employees with children live be first base the pauperization line (PBS, 2000). When people this of Walmart they think low prices, but what they don?t know is that Walmart has provided millions of jobs to Americans for many years.

Walmart has been able to stay warring during the economy crisis by net profiting reasonably low stipend and offering minimal benefits to its employees. By offering low pay and minimal benefits, Walmart has been able to minimize operation cost and sustain the low prices offered in their stores. An employee at Walmart relatively makes between $14,000 and $19,000 a year. The reasoning of Walmart?s employee low wages is to keep the low prices on the products. Walmart in not a total company and is simply trying to avoid becoming a union organization. Employees at Walmart receive yearly raises to show appreciation to the skinny and hard working employees.

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To show appreciation to the employees at Walmart, the company offers them may type of benefits from; medical insurance coverage to retirement pitch plans. The benefits offered medical coverage, dental coverage, pharmacy benefits, 401k plans, and discounted prices for employees only. Every employee at Walmart is entitled to receive a low costing health coverage staring at $8 per month. Once employees become worthy their children become eligible too. Walmart offers their employees 10% off their general merchandize. A website with hundreds of...

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