Decades of Greed: Behind the Scenes With An Angry Walmart Manager

Expand

We receive quite a few stories from Wal-Mart employees about what life is like inside America’s largest employer. But this one comes from a remarkable point of view: a longtime Walmart store manager, who vents in detail about how Walmart has systematically screwed employees over two decades.

Like all of our emails from Walmart employees, this one is anonymous, and represents one person’s opinion. But the wealth of detail it contains about the company’s management policies is remarkable. In particular, he discusses exactly how compensation and benefit policies have changed to the detriment of employees. We’ve bolded some of the parts we find most notable. Enjoy:

“I was recently on your site and was reading several of the stories from former and current Walmart associates. I would like to give you my experience. I write to you with a new email and will not give my real name; retaliation is alive at Walmart. I’ve been with Walmart for over twenty years beginning in the early 1990s. I’ve work at more than 9 walmarts and held various positions. I’m currently a salary assistant store manager and been one for nearly a decade. For most of my career at Walmart I enjoyed coming to work and quite frankly was the happiest before I became a manager. Once I took on the role as a manager I was privy to meetings, emails, and behind the door discussions that a typical associate will never hear. I know that well established companies must change as time progresses to remain competitive. However I’m not oppose to change and welcome it. If anyone was to speak negatively about Walmart back in the 90’s I would be a defender of Walmart and I was only a stocker in my early twenties back then. But Walmart was a much different company. I started shortly after Sam Walton’s death [ed.-in 1992]. We just began the expansion of super centers and no real international presence. In fact in those days we still had signs in our stores that read ‘Buy American.’ We would have items flagged that were manufactured in America and brag about the jobs we created by buying American goods. We all know that isn’t true now. Before I begin to relay some knowledge you may not be aware of or heard I would like to list to the best of my abilities some of the benefits Walmart has taken away from its associates in the last twenty years.

[Below are some] Benefits that new hires don’t receive. Long Term associates keep these benefits *Hence a reason to get rid of them*

• Sunday Premium: 1 1/2 Pay
• Sunday Premium: $1.00 an hour (This replaced the overtime pay for Sunday but this $1.00 was also taken away)
• Profit Sharing: Automatically put 6% of Pay in Profit Sharing Account

In 1997 Walmart changed the policy and put 2% in Profit Sharing and 2% in their new 401-k. They effectively got rid of 2% and never bother to inform associates of this loss. The typical associates had no clue how this would impact them in the long term. This is typical of Walmart executive is to change benefits but spin it as a good thing. Eventually Walmart around 2010 did away with Profit Sharing all together. They now have a 100% match for the first 6% contributed to the 401k. This actually is better however again Walmart know the typical employee can not afford to contribute to the 401k plan. Even though this has helped my 401k balance greatly since I can afford it; I know it doesn’t help the many people that work under me at $8.00 an hour.

Full Time: Only had to work 20 hours

Full Time: Only had to work 28 hours (This replaced the 20 hour policy but now any new hires have to work an average of 35 hours for full time status)

90 Day Raises: You use to get a raise after 90 days, they took this one away recently. So now you must work 12 months to get a raise.

Insurance Cost: Maybe not fair to blame Walmart on this one but in early 1990s’ I was paying $9.00 per pay period (BiWeekly) for a $300 deductible. Now I pay $150 (Bi Weekly) for a $3500 deductible.

Christmas Bonus: I can’t remember the amounts but no more than $200. It doesn’t exists for new hires and salary managers don’t qualify for it

Long Term and Short Term disability: Can’t remember exactly but I know it use to pay around 80% of pay then it was cut to 60% and now it only covers 50%. Oh but the premium went up. So less coverage for more cost

Merit Raises: Store manager use to be able to increase hourly pay but now all pay is controlled by home office

Good Job Pin: This was again another award program. If you got four of them you could turn them in for one free share of Walmart stock. Basically all award programs of monetary value has ended at store level. With the exception of a possible quarterly bonus up to $475 but i never been in a store that got such a large amount.

Pay Cap: Walmart use to keep giving you raises no matter your hourly rate. They now have caps based on position held. I have many associates who have not received a raise in nearly nine years.

I could keep going but basically Walmart has been hacking on its benefit and pay structure for years to save on cost. Their over all view point is that there is little difference in performance and return on investment from a ten year associate and a new hire.

Sourced from gawker.com