Showing posts with label Anne D'Innocenzio. Show all posts
Showing posts with label Anne D'Innocenzio. Show all posts

Wednesday, June 3, 2015

"phases out 'zone managers'"

June 03, 2015 Anne D'Innocenzio , KESQ 0 Comments
Walmart Kicks Off Next Phase Of Wage Increases

By Anne D'Innocenzio, Jun. 2, 2015, KESQ

Walmart is raising starting wages for more than 100,000 U.S. department managers and workers in its deli and other specialized departments.

The moves mark the next wave of wage hikes by the nation's largest private employer, which has been under pressure from labor-backed groups for the treatment of its workers. In February, it announced it was increasing minimum wages for entry-level and long-term hourly employees to at least $10 by next February. That increase affected 500,000 of its 1.3 million U.S. workers.

The wage hikes are part of a $1 billion program at Walmart that also includes improving training and offering employees more control of their schedules. The company is hoping that by investing in its workers, its customer service will improve, and ultimately that will encourage shoppers to spend more, helping to perk up sluggish sales at its U.S. division.

In February, Walmart said it would be raising wages for its department managers but didn't offer many details.

Read the full story: www.kesq.com

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Friday, December 5, 2014

But thought we were baaaack!!!

December 05, 2014 Anne D'Innocenzio , AP 0 Comments
These Retailers Could Use Some Holiday Cheer

Anne D'Innocenzio, Dec. 4, 2014, AP

Stores face cautious shoppers who are juggling stagnant wages and higher costs for food and health care. And Web-savvy customers are using information easily available on their smartphones to hold out for ever-better deals. All of that means that stores have had to discount more - and earlier - this holiday shopping season.

Read more: hosted.ap.org

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Wednesday, October 8, 2014

The wonderful world of Obamanomics

October 08, 2014 Anne D'Innocenzio , Dailyfinance.com 0 Comments
Walmart Drops Health Benefits For Most Part-Time Workers
By Anne D'Innocenzio, The Associated Press, Oct. 7, 2014, Dailyfinance.com

NEW YORK -- Walmart Stores (WMT) plans to eliminate health insurance coverage for most of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation's largest private employer.

Starting Jan. 1, Walmart told The Associated Press that it will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move, which would affect 30,000 employees, follows similar decisions by Target (TGT), Home Depot (HD) and others to eliminate health insurance benefits for part-time employees.

"We had to make some tough decisions," Sally Wellborn, Walmart's senior vice president of benefits, told The Associated Press.

We are trying to balance the needs of [workers] as well as the costs of [workers] as well as the cost to Walmart.Wellborn says the company will use a third-party organization to help part-time workers find insurance alternatives: "We are trying to balance the needs of [workers] as well as the costs of [workers] as well as the cost to Walmart."

The announcement comes after Walmart said far more U.S. employees and their families are enrolling in its health care plans than it had expected following rollout of the Affordable Care Act. Walmart, which employs about 1.4 million full- and part-time U.S. workers, says about 1.2 million Walmart workers and family members combined now participate in its health care plan.

Read the full story:  www.dailyfinance.com

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