Wednesday, March 01, 2006

2004 Wal-Mart Hourly Pay

Wal-Mart CEO H. Lee Scott, Jr.
(based on $17,543,739 per year, 40 hours per week) $8,434.49

Average Full Time Wal-Mart Employee $ 9.68

Select subcontractors:

Bangladesh $0.17

China $0.17

Indonesia $0.46

Nicaragua $0.23

Swaziland $0.53

CEO Scott has claimed that the company’s profit margin per worker is too small to allow them to pay workers more. Lee Scott, “Wal-Mart’s Impact on Society: A Key Moment in Time for American Capitalism,” (advertisement) New York Review of Books, April 7, 2005, pp. 5-6.

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