Tuesday, October 29, 2013

Paying Americans the Least, Walmart

The 12 Companies Paying Americans the Least - 24/7 Wall St.: "1. Walmart - 
U.S. workforce: 1,400,000
CEO compensation: $18,131,738
Revenue: $446.95 billion
Net income: $15.70 billion
No. of U.S. stores: 3,868

The labor practices of Wal-Mart Stores Inc. (NYSE: WMT) have long received negative attention in the press, but that has not affected investors much. WMT’s share price rose more than 48% in the past five years. In 2008, Walmart agreed to pay $640 million in settlements of dozens of class-action lawsuits that claimed the company deprived workers of pay for time worked." (read more at link above)

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