Here is the new websight Walmart has launched to fight back to what the critics are saying
www.walmartfacts.com
Below is a copy they ran in over 100 newapapers nation wide in January (sorry if its a repost)
WAL-MART IS WORKING FOR EVERYONE. Some of our critics are working only for themselves.
Lee Scott, President and CEO, Wal-Mart Stores, Inc.January 13,
2005 Wal-Mart provides good jobs with excellent advancement opportunities to our 1.2 million U.S. associates.As one of the worlds most visible companies, Wal-Mart expects attention and criticism. When the criticism is warranted, we use it as a tool to improve the way we operate.But when special-interest groups and critics spread misinformation about Wal-Mart, the public deserves to hear the truth. In other words, everyone is entitled to their own opinions about our company, but they are not entitled to make up their own facts.The truth is Wal-Mart provides great value for customers, opportunities for our workforce, economic support for communities and a helping hand for charities across America. We work hard to make life better for everyone. Can our critics truly say the same?Wal-Mart is committed to those who shop with us every day many of whom depend on us to provide value for the products they want at the lowest prices possible. Last year, more than 90 percent of Americans 270 million people chose to shop at Wal-Mart.Wal-Mart is also working for our associates. Its time to set the record straight with the real facts about Wal-Mart as a place to work, presented by the people who know not by people who presume to know.
This year, we plan to create more than 100,000 new jobs in the United
States. It takes a lot of talent to fuel that growth, which in turn offers
advancement opportunity for associates who want to run some of our
58 in-store departments or move into management.
We promote from within. Seventy-six percent of our store
management team started at Wal-Mart in hourly positions.
Our average wage for full-time hourly store associates such as
cashiers, stockers and sales associates is almost twice the federal
minimum wage.
Wal-Mart benefits available to full- and part-time associates
include healthcare insurance with no lifetime maximum.
Associate premiums begin at less than $40 per month for an individual and less than $155 per month for a family, no matter how large.
Other benefits include a profit-sharing/401(k) plan, merchandise
discounts, company-paid life insurance, vacation pay and pay differential for those in active military service. More than half of our associates own company stock through our associate purchase plan.
Seventy-four percent of Wal-Marts hourly associates in the
United States work full-time. Thats well above the 20 40 percent
typically found in the retail industry.
Our workforce is unique in its size and diversity from
full-time career professionals to students working their way through
college, from senior citizens seeking a break from retirement to people with disabilities.Given these facts, it is no surprise that more than half of the
associates we surveyed said the benefits package, including
healthcare, was a very important factor in their decision to accept
a position at Wal-Mart.Thank you for being open to the facts about Wal-Mart. You can learn more at a Web site we are launching today
www.walmartfacts.com.
Sincerely,Lee ScottPresident and CEOWal-Mart Stores, Inc.