The world’s largest retailer posted revenue of $137.74 billion.
https://www.wrdw.com/2020/09/18/walmart-to-raise-wages-paying-staff-up-to-30-per-hour/
Some employees in super centers can earn up to $30 an hour.
In b 4 you sound poor
It appears they changed their vacation policy, reducing it, which is unfortunate, but I can't confirm that. As of 2018, a worker could max at 304 hours of paid time off each year (depends on whether you're full time or part-time, your job type, and chiefly how long you've been employed by the company). Only 80 of these hours could be carried over to the next year, but the excess would be converted to cash on the new year's first check:
https://one.walmart.com/content/dam/themepage/pdfs/time/pto-accrual-hourly-2018.pdf
You would need the carryover to actually get all those vacation days because it would be practically impossible to practically realize this PTO from scratch. It requires 260 8-hour work days to build. That's 52 full 5-day work weeks. You'd think, "Well I could build this PTO by working multiple 6-day work weeks throughout the year, and take 5 1/2 weeks off fully paid". The logistical issue with this is that Wal-Mart is notoriously draconian about preventing overtime hours. They just don't let it happen. If you're working over 40 hours a week at Wally World, you're in management, and you're on salary. The way vacation time is structured, from scratch, for an employee on the ideal accrual rate, he would have to work 45-46 full 40-hour work weeks, and would earn 5-6 weeks paid vacation.
However, if you carried over the max 80 days vacation time from the previous year, it would only require 191.5 days to build the max days off, or 38 weeks work weeks, so there is buffer here. Furthermore, a full 6 days of Holiday PTO are automatically afforded. Apparently Wal-Mart allows up to 18 sick days per year, separately, but this will be counted towards a future PTO balance.
So let's put this all together for an ideal worker scenario.
Let's assume you worked there for over 20 years, and are full-time in a position at a retail outlet (i.e. not a trucker or office worker). Presuming this, in theory, on that 2018 policy, at this highest retail hourly rate, a low-skilled worker at Wal-Mart, after two decades of employment, would enjoy roughly this ideal scenario:
- ~44.5 full work weeks (222 days worked total)
- ~7.5 weeks off
- 6 automatic Holiday PTO days claimed
- 32 full PTO days earned (capped), paid vacation or whatever
- $62,400 earned on the year (€52,700 ; £48,310)
That's just barely less than what the teachers with the same work experience make in my County, though the teachers get a bit more vacation time, I believe, but teachers also require a college education.
