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Originally Posted by SilentKnight
Whether that's accurate or not, I can't say since the manager of our local Wal-Mart hasn't returned my calls. http://www.youareworthmore.org/node/8444 lists it at $89k. My father was store manager for a local lumber chain years ago and his salary peaked at significantly less than that.
But if true, I'm sure they can afford to pay store manager's plump salaries because:
In 2001, the last year for which Wal-Mart has released figures for most occupations, sales associates, the most common job in Wal-Mart, earned on average $8.23 an hour for annual wages of $13,861.The 2001 poverty line for a family of three was $14,630. (Is Wal-Mart Too Powerful?;, Business Week, 10/6/03 and US Dept of Health and Human Services 2001 Poverty Guidelines, 2001) |
Well I used to work at wally world many years ago and let's just say it helps to know the right people to get info you want. Now assistant managers got screwed because they only got $29K while in training and made $32K once they when they finished thier training.
In a addition to their regular salaries wal-mart managers also get quarterly bonus of $5K when they had payroll below a certain #. So often times mangers would cut hours the people actually doing the hard work so he/she could get their bonus. Then bitch when thing weren't done. Hmmm wonder why?