It's interesting to see the latest attacks on Wal Mart. Unions licking their wounds after having failed to convince Wal Mart employees that being a member will improve their lives (not many union members can actually show that either), have enlisted their usual democrat allies, liberal churches, as the newest soldiers in the battle. You have probably seen the deceptive, half-truth commercials they have been airing against Wal Mart. Of course our "beloved" Post-Dispatch is on the band wagon which demonstrates even further that the union attack is off base.
There are primarily two areas these groups attempt to attack Wal Mart: health care and wages. Here are the facts regarding these issues:
Wal-Mart offers affordable health care coverage to both its full and part-time associates. Contrary to Wal Mart's enemies false accusation, Wal Mart does provide access to health care insurace to their "associates". Historically, Wal-Mart has paid about two-thirds of the cost of the Associates' Medical Plan. Recent information indicates 620,000 associates have signed up for health insurance coverage in a Wal-Mart sponsored plan. In January, Wal-Mart will provide insurance to more than 1 million people and offer up to 18 different plans. Coverage will be available for as little as $11 per month for individuals and 30 cents per day for children - no matter how many children an associate has.
Unlike many plans, after the first year, the Wal-Mart medical plan has no lifetime maximum for most expenses, protecting our associates against catastrophic loss and financial ruin. Wal Mart has different deductibles to meet individual needs.
Associates also have access to world class healthcare at the Mayo Clinic, Stanford University Hospital, Johns Hopkins University Hospital and many other leading health care facilities without insurance approval.
Wal-Mart does not encourage their associates to apply for public assistance. Here again Wal Mart attackers raise false accusations. Wal Mart will be the first to acknowledge that health care is a tough issue... for them and for the country. Wal-Mart has helped 160,000 Americans leave the ranks of the uninsured. A survey of Wal-Mart associates showed more than 30% did not have health insurance before coming to work at Wal-Mart.
The majority of Wal-Mart’s hourly store associates in the United States work full-time. That is well above the 20 - 40 percent typically found in the retail industry. Wal Mart's average hourly wage for regular full-time associates in the U.S. is $9.68 an hour, almost double the federal minimum wage. Wal-Mart’s average full-time wage in urban areas is slightly higher than the national average. For example: Chicago, $10.69; Austin, TX, $10.69; Washington D.C./Baltimore, $10.08; Atlanta, $10.80; and in Los Angeles, $9.99. In St. Charles the average is just over $11.
In recent years, Wal-Mart has contributed 4 percent of an associate's eligible pay to the combined Profit Sharing & 401(k) plan. Hourly associates, just like their management and executive associates, receive bonuses and other incentives for helping the company achieve its goals. In FYE 2005, Wal Mart spent $4.2 billion on benefits for their associates.
Unfortunately, even Republican stalwarts like Schnucks have been suckered into this unholy alliance. It is unfortunate that Schnucks and other local grocers can't fight the union pressures and keep their costs down. However, that is not Wal Mart's fault. So instead of trying to bring Wal Mart down to the union level and make people pay inflated prices driven by the unions, why not rise up to Wal Mart's performance and bring progress to grocery workers around the area and go non-union. We will all be better off if more businesses emulated Wal Mart's success.