Q. Why is it important that Walmart workers have a union?

A.

Walmart is the biggest employer and most profitable company in America. It should be leading the way to economic recovery by setting an example for wages that support a family, health care, and equal opportunity.

Times are hard for working people, but Walmart and the Waltons are still making billions:

  • The company is making more than $12 billion a year in profits.
  • Wal-Mart makes $34,880 in profit every minute.
  • According to the 2008 Forbes 400 Richest Americans list, the Walton family is worth over $100 billion.[ii]
  • New CEO Michael Duke earns $5.3 million in base salary,[iii] while outgoing CEO Lee Scott earned a total compensation package of $31.6 million in 2007.[iv]

Wal-Mart   annual income statement, accessed at Yahoo Finance, http://finance.yahoo.com/q/is?s=WMT&annual
[ii] The 400   Richest Americans,” Forbes, September   17, 2008
[iii] See http://finance.yahoo.com/q/pr?s=WMT
[iv] http://walmartwatch.com/blog/archives/wal_mart…

Walmart Workers for Change © 2010