Big, Bad Wal-Mart
Another day, another negative story on the giant discount chain Wal-Mart, which comes under scrutiny on the front page of Monday's Times for doing what its stockholders are demanding: "Wal-Mart to Add More Part-Timers And Wage Caps."
"Wal-Mart vigorously denies it is pushing out longtime or full-time employees and says its moves will ensure its competitiveness. The company says it gives employees three weeks' notice of their schedules and takes their preferences into account, but that description differs from those of many workers interviewed. Workers said that their preferences were often ignored and that they were often given only a few days' notice of scheduling changes."
"If Wal-Mart wants to avoid increasingly onerous legislation, regulation and scrutiny, company executives are going to have to learn that human beings are not machines that can be turned on and off, that parents can't always reshuffle their lives on short notice.
"As a business, Wal-Mart minimizes costs and maximizes profits. Society says what is fair, sets the rules of the game through government, and imposes minimum standards. Congress must act to raise the minimum wage, which has sat at a paltry $5.15 an hour since 1997, and reform the teetering health- insurance system. Right now, it's sending the wrong message to companies like Wal-Mart."