Walmart Store Holding Thanksgiving Charity Food Drive — For Its Own Employees!
Recently, Yahoo’s 24/7 Wall Street column sought to identify the nation’s 10 worst paying employers, based on the methodology ultizied by the National Employment Law Project in its 2012 report, “Big Business, Corporate Profits, and the Minimum Wage.”
To the surprise of nobody, Walmart came out on top, achieving the distinction of being the worst paying company in America.
Still, when it comes to Walmart, there are certain analysts and observers who can’t seem to remove the blinders. They continue to insist that Walmart pays its workers an average of over $18.00 per hour when even the company acknowledges that the average full time, hourly rate is $12.83—and that number includes the salaries of some of the highest paid employees in the averaging such as the CEO who earned $20.7 million last year.