Job Market Monitor
Walmart
Skills – What is the right role of employers according to Walmart’s chief sustainability officer ?
McKinsey: What is the right role of employers in making sure that the incumbent workforce can both meet current expectations and thrive in the future? Kathleen McLaughlin: I think that 10 or 15 years ago people might not even have understood what it meant to develop the skills of incumbent workers, or why that would … Continue reading
Closing the Skills Gap in US – Walmart pledges $100 million to boost jobs
America’s largest company launches a new initiative to help the retail industry close the skills gap that keeps Americans unemployed. One week after announcing plans to increase the pay of low-wage workers to at least $9 an hour, Walmart is delivering more good news on the job front: The company will donate $16 million to … Continue reading
Wal-Mart in China – To invest in a three-year training program for 20,000 vocational school graduates
Wal-Mart Stores Inc is helping to launch a three-year training program across China with the aim of producing more than 20,000 vocational school graduates to meet the increasing demand of the retail job market. Wal-Mart China will team up with the China Chain Store and Franchise Association to initiate the Future Retail Star Training program, … Continue reading
Wal-Mart Canada – 750 layoffs
Wal-Mart Canada has confirmed it laid off hundreds of employees across the country earlier this month in a move to rework its management structure. The Arkansas-based retailer said it eliminated 750 jobs — which is says represented less than one per cent of staff — after testing a new management structure in select stores. As … Continue reading
Walmart Employees – Would be better if they could go to another company and another job and make more money and develop says Bill Simon, CEO
“Some people took those jobs because they were the only ones available and haven’t been able to figure out how to move out of that,” Bill Simon, CEO of Wal-Mart U.S., acknowledged in an interview with The Associated Press. If Wal-Mart employees “can go to another company and another job and make more money and … Continue reading
WalMart in Canada / To create 7,500 jobs
Walmart Canada is still in growth mode, with plans to spend about $500-million this year to upgrade its network and add new stores. The country’s biggest mass merchant said Tuesday it will work on 35 supercentre projects between now and next January, bringing its Canadian store count to 395 from 389. That will include 282 … Continue reading
Wal-Mart’s Sam’s Club / To cuts 2,300 jobs
Wal-Mart Stores Inc (WMT.N) said on Friday it had cut 2,300 jobs, or roughly 2 percent of the total workforce at its Sam’s Club retail warehouse chain, its biggest round of layoffs since 2010. The action follows a lackluster U.S. holiday season and layoffs announced earlier this month from U.S. retailers Macy’s Inc (M.N), J.C. … Continue reading
US / Labor Board Says Wal-Mart “unlawfully threatened, disciplined, and/or terminated employees”
As unhappy Wal-Mart (WMT) workers were getting ready to stage protests on the Friday that followed Thanksgiving in 2012, the world’s biggest retailer was threatening employees with reprisal on national TV and elsewhere. That was illegal, according to a Nov. 18 statement by the National Labor Relations Board. The decision comes two weeks before this year’s Black … Continue reading
Reshoring in US / How Walmart says it will do
In January 2013 at the National Retail Federation’s annual convention Bill Simon, President, Walmart US, promised to bring back manufacturing to the United States. He promised that in 10 years $50 billion in goods would again be produced in the United States. Continue reading
Seasonal employees / Wal-Mart hiring 70,000 – Kohl 53,000 and Target 70,000
On Monday, Wal-Mart said it would hire 55,000 seasonal associates while transitioning 35,000 current temporary workers to part-time status and moving another 35,000 employees from part-time to full-time. Last year, the mega-chain said it would add more than 50,000 holiday workers. Kohl’s said this month that it will hire 53,000 workers to handle demand through … Continue reading
DC / Mayor Gray vetoes ‘living wage’ bill
Mayor Vincent C. Gray vetoed legislation Thursday that would force the District’s largest retailers to pay their workers significantly more Continue reading
Wal-Mart / A call to ‘made in America’
Wal-Mart Stores Inc. spearheaded an effort Thursday to bring together retailers, suppliers and government officials so they can figure out how to bring more manufacturing jobs to the United States Continue reading
US / The low-wage model: a single 300-person Wal-Mart Supercenter store could cost could cost taxpayers up to $1,744,590 per year to taxpayers
« Rising income inequality and wage stagnation threaten the future of America’s middle class » writes the Democratic staff of the U.S. House Committee on Education and the Workfororce in The Low-Wage Drag on Our Economy: Wal-Marts low wages and their effect on taxpayers and economic growth (Adapted chosen excerpts by Job Market Monitor to follow), adding that while … Continue reading
Low-Wage / Wal-Mart vs. the Feds: Who’s the King?
The federal government is better at creating low-paying jobs than Wal-Mart and McDonald’s combined, according to a new report. A study released earlier this month from the public policy group Demos states that through various forms of government funding in the private sector, nearly two million people are making $12 an hour or less. The … Continue reading
Walmart’s engagement toward Vet: What about wages?
most veterans taking up Walmart’s offer will have to tighten their belts. An Army private first class, with four years’ experience, earns a base pay of $24,178. The average active-duty service member receives a total benefits and pay compensation package worth $99,000 a year, because of substantial in-kind benefits in the form of housing, health … Continue reading
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