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As CEO Pay Continues to Rise, Walmart Workers Prepare to Call for Change at Retail Giant’s Shareholders Meeting

fb_textart_waltonfamilyAccording to new AFL-CIO Executive PayWatch data, CEO pay increased nearly 16 percent in 2014, while Walmart and the Waltons—heirs to the Walmart empire—continue to drive inequality nationwide.

Mega-retailer Walmart, highlighted in this year’s PayWatch, represents one of the most egregious examples of CEO-to-worker pay inequality. Walmart CEO Douglas McMillon is paid $9,323 an hour, while a new Walmart employee making $9 an hour would have to work 1,036 hours to earn what McMillon makes just 60 minutes. PayWatch also notes that six Walton family members have more wealth than 43 percent of America’s families combined.

“I made about $13,000 last year, working as many hours as the company would let me,” said Shannon Henderson, a Walmart employee and mother of two in Sacramento, California. “I work for the richest company in the world, and I can’t support my family without public assistance. That’s not right, and that’s why I’m not going to stop fighting for $15 and full-time.”

As Walmart’s annual shareholders meeting approaches, workers have announced their intention to propose a shareholder resolution that would rein in executive compensation and incentivize sustainable investment, such as fair wages and benefits for workers.

 

Making Change at Walmart and Organization United for Respect Call on Allies to Mobilize Around Obama Visit to Walmart

Dear Allies,

ObamaVisitsWalmartPresident Obama is visiting the Walmart in Mountain View, CA to talk about the Environment and Sustainability this Friday, May 9th in the morning.

We were all surprised by this given the fact that Walmart has been failing on environment and climate issues and failing on worker rights and justice.

You’ve asked how we can together make sure President Obama knows the truth about how Walmart is failing on both of these.

Here is what allies can do to help.

1. There is a rally being organized in front of the store for Friday morning at 8 am PT. We are asking for you to send recruitment emails to your base in northern California to ask them to show up for the rally so that the President can see how many people are concerned about this. Here is the RSVP on Action Network that you can send out and below is a sample recruitment email that you can adapt to send to your base or networks in northern California.

2. Remember the OUR Walmart petition to President Obama? Help us break 200,000 (we’re at 191,000) signers to the petition calling on President Obama to make good on his promise to stand up for working people by meeting with the courageous workers risking firing or other disciplinary action by joining together as Organization United for Respect at Walmart. The petition can be found here. 

Thanks,

The MCAW team

Wages, Not Welfare

882906_700864813259500_1747687421_oAs Black Friday approaches, members of the Retail Justice Alliance are standing with current and former Walmart workers who are members of OUR Walmart as they call on the retail giant to provide more full-time jobs and ensure that all Walmart workers are paid a wage equivalent to at least $25,000 a year for full-time work.

Dr. Julianne Malveaux is an economist, author, social and political commentator, and a member of the Retail Justice Alliance.  Read her new article titled “Wages, Not Welfare” regarding OUR Walmart’s effort to change the way the retail giant does business.

FACT SHEET: Basic Facts about Walmart

Walmart is the largest retailer in the United States.

  • Walmart is the largest retailer in the United States, and the largest employer of African Americans, Hispanics, seniors and women nationwide.
  • Walmart’s standards are lower than the rest of the retail business.
  • Health care coverage and retirement plans are not within reach for many Walmart workers.
  • Walmart enriches those at the top. Six members of the Walton family—which own just under 50 percent of the company—are worth an estimated $100 billion.
  • Changing Walmart will alter the retail sector.

Click Here to Download the Fact Sheet

FACT SHEET: Basic Facts on the Retail Industry

The Retail Sector Is Essential To The Health Of The U.S. Economy and America’s Middle Class.

Click here to download the fact sheet.

The retail sector is the largest industry by employment in the United States, and is projected to add almost 1.8 million jobs between 2010 and 2020 (more than any other industry except construction).

Strengthening the middle class is essential to rebuilding our economy and it’s critically important that retail employers lead the way in making sure that retail jobs are good jobs with benefits so that retail workers have a pathway to the middle class.

  • The Retail Sector Is An Important Employer Of Minorities And Women.

  • Retail Workers Are Struggling To Survive In Low-Wage Jobs With Inconsistent Hours And Little To No Benefits.

  • Academic

    Studies Show That Improving Retail Jobs Could Pay Off For Employers.

  • Changing Walmart Will Alter The Retail Sector.

Click here to download the fact sheet.