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by colemannugent
3081 days ago
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Walmart employs about 2.3 million people. At $1000 per employee that's $2,300,000,000 going back into the economy. Now, if Walmart gave everyone who worked there a $1 raise. With about 1.5 million full-time employees working around 1700 hours per year (US average 2016) that would mean about $2,550,000,000. So that bonus is almost equivalent to a temporary raise in terms of benefits. That is just for full-time employees. A blanket $1 raise would probably come out to about $4,000,000,000 each year that Walmart may not have if the tax cuts are removed by the next administration, which they very well could be. |
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