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Companies raising wages due to tax bill.
#8
(01-11-2018, 04:01 PM)Johnny Cupcakes Wrote: I would say that this would definitely create Trump supporters out of Walmart employees, but if they're working at Walmart, they're probably already a Trump supporter.
That's completely false.  Are there any there that support him? sure. A lot are immigrants and I'm sure they aren't fans of trump.  I'm going off of my local Walmart.
(01-11-2018, 04:08 PM)BmorePat87 Wrote: suddenly closing 63 Sams Clubs and firing thousands should help cover these costs too.
I did not know this.  Certainly adds some new perspective.
(01-11-2018, 04:13 PM)Belsnickel Wrote: That's something that is often being missed in these stories. Some of these companies giving bonuses and raising wages are also closing locations and having layoffs. It would be interesting to see what the net change actually is for each one of the companies that has been making a public show of this. There is also the factor that many of them have been sitting on large chunks of cash for a long time, so their decision to do this now is often nothing more than PR.
This was my line of thinking, nothing more than a PR move.  
(01-11-2018, 04:22 PM)Johnny Cupcakes Wrote: They've also probably been planning this since their biggest competitor announced that they'd be doing an $11 minimum wage last year.

The tax bill may lessen the blow though....
This true too, especially since Walmart has a history of hiring problems.
(01-11-2018, 05:27 PM)Yojimbo Wrote: https://news.google.com/news/amp?caurl=http%3A%2F%2Fwww.businessinsider.com%2Fwalmart-suddenly-closes-sams-club-stores-2018-1#pt0-545348

Your link didn't work for me, but I am assuming it addresses what bmorepat already touched on.





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RE: Companies raising wages due to tax bill. - RICHMONDBENGAL_07 - 01-11-2018, 07:12 PM

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