Comment on How Long It Takes the Largest Companies in America to Make One Employee's Average Annual Salary
Hillock@kbin.social 7 months agoSince most or even all of them are publicly traded companies it isn't that difficult to find out.
Walmart had a net income of 14 billion, they have roughly 2.1 million employees, that leaves each employee with an additional 6.6k for this year or roughly an additional 550 a month.
Doesn't sound a lot but that can be done without impacting any other business practices. And for some of the employees overseas that might be doubling their salaries.
MNByChoice@midwest.social 7 months ago
$550 per month is a lot for those making the least. Also about $3.17/hr.
FordBeeblebrox@lemmy.world 7 months ago
Considering a large portion of Walmart workers receive food stamps and other benefits due to low income, it would be a huge boost for those folks and lessen demand for assistance on local govts…but nah let’s keep all the money to pay for our drunk driving murder nights.
MNByChoice@midwest.social 7 months ago
Because many are not aware, one of Sam Walton’s children is a notorious drunk that likes to drive and may have killed a few people (I am unclear how many.)