Create an Account
username: password:
 
  MemeStreams Logo

Wal-Mart Memo Suggests Ways to Cut Employee Benefit Costs - New York Times

search

janelane
Picture of janelane
janelane's Pics
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

janelane's topics
Arts
Business
Games
Health and Wellness
Home and Garden
Miscellaneous
Current Events
Recreation
Local Information
Science
Society
Sports
Technology

support us

Get MemeStreams Stuff!


 
Wal-Mart Memo Suggests Ways to Cut Employee Benefit Costs - New York Times
Topic: Society 10:54 pm EDT, Oct 25, 2005

In the memorandum, M. Susan Chambers, Wal-Mart's executive vice president for benefits, also recommends reducing 401(k) contributions and wooing younger, and presumably healthier, workers by offering education benefits. The memo voices concern that workers with seven years' seniority earn more than workers with one year's seniority, but are no more productive.

To discourage unhealthy job applicants, Ms. Chambers suggests that Wal-Mart arrange for "all jobs to include some physical activity (e.g., all cashiers do some cart-gathering)."
....
In an interview, Ms. Chambers said she was focusing not on cutting costs, but on serving employees better by giving them more choices on their benefits.

"We are investing in our benefits that will take even better care of our associates," she said. "Our benefit plan is known today as being generous."

Ms. Chambers also said that she made her recommendations after surveying employees about how they felt about the benefits plan. "This is not about cutting," she said. "This is about redirecting savings to another part of their benefit plans."

Quick! Mr. President! This woman has GOT to be on your staff!

What a bitch. Could all upper management people at that company possibly be as bad?

-janelane

///
Do you know what makes a human being decent? Fear. And therein lies the problem. None of you has anything left to fear anymore. You rest comfortably in seats of inscrutable power, hiding behind your false idol, far from judgment, lives shrouded in secrecy even from one another. But not from God.
- Loki, "Dogma"

Wal-Mart Memo Suggests Ways to Cut Employee Benefit Costs - New York Times



 
 
Powered By Industrial Memetics
RSS2.0