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WalMart Ends PT Benefits, Fred Salivates
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<blockquote data-quote="vantexan" data-source="post: 894872" data-attributes="member: 24302"><p>That's just it, I have been there longer than you. I've experienced very low pay when they were announcing record profits and not giving us topped out employees raises year after year. You actually refused to believe that I was only getting $13.50 as a topped out employee but I lived it. My mistake for quitting to be sure, but at $17.64 after almost a full 13 years I'm making less than that $13.50hr in 1998 after you adjust for inflation. I've also stated here that all I'm after is to be topped out and am not asking for UPS pay and benefits. And you've said bull, I want much more than that. So let's recap, you think you know what happened in the past when you don't, and you know better what's in my mind than I do, knowing what I want even after I've stated numerous times what I want.</p><p></p><p>Our execs, like execs everywhere, are given stock options. If they increase profits investors will buy our stock for the dividends. The demand for the stock will drive the price of the stock up, which will allow the execs to exercise their options and make a very tidy profit for themselves. Those that already own alot of stock, like Fred S, are happy because they not only get increased dividends but their net worth goes up and if they sell some stock they can pull even more cash out. That's what it's all about. And everything they've done in the last 17 or so years concerning employees is to see just how much they can take from us while pushing us to be more productive and thus be more profitable and enrich themselves. If you can't see this then I don't know what else I can say.</p></blockquote><p></p>
[QUOTE="vantexan, post: 894872, member: 24302"] That's just it, I have been there longer than you. I've experienced very low pay when they were announcing record profits and not giving us topped out employees raises year after year. You actually refused to believe that I was only getting $13.50 as a topped out employee but I lived it. My mistake for quitting to be sure, but at $17.64 after almost a full 13 years I'm making less than that $13.50hr in 1998 after you adjust for inflation. I've also stated here that all I'm after is to be topped out and am not asking for UPS pay and benefits. And you've said bull, I want much more than that. So let's recap, you think you know what happened in the past when you don't, and you know better what's in my mind than I do, knowing what I want even after I've stated numerous times what I want. Our execs, like execs everywhere, are given stock options. If they increase profits investors will buy our stock for the dividends. The demand for the stock will drive the price of the stock up, which will allow the execs to exercise their options and make a very tidy profit for themselves. Those that already own alot of stock, like Fred S, are happy because they not only get increased dividends but their net worth goes up and if they sell some stock they can pull even more cash out. That's what it's all about. And everything they've done in the last 17 or so years concerning employees is to see just how much they can take from us while pushing us to be more productive and thus be more profitable and enrich themselves. If you can't see this then I don't know what else I can say. [/QUOTE]
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