In 2013 Wal-Mart’s total sales was two hundred eighty five billion. Sam Walton had found the company in 1950. He wanted to achieve higher sales by offering lower prices than all his other competitors, while knowing he will lose some profit. Todays “Everyday Low Price” affect surrounding businesses more then you know. Gilliam & Greenwald say that Wal-Mart employs 1.6 million people making it the largest employer in the world. If you compare their employees to the state of Idaho, it has 1.5 million residents. More people are employed to Wal-Mart, then in the state of Idaho. Wal-Mart’s central goal is to keep prices low and profit high, no matter the consequences are. Wal-Mart employers get paid minimum wage. The full time employees make a little …show more content…
It only covers forty four percent of its workers. Compared to Costco, they cover eighty five percent of its workers Gilliam & Greenwald. The reason for this is workers feel Wal-Mart’s healthcare is too high to afford on their current income. Instead they get their healthcare through the government and look for state aid to pay their medical bills. The CEO and President Lee Scott said, “In some states, benefits may be more generous, and public programs may actually be a better value.” Many Wal-mart managers including Stan Fortune have been written up and they were told to help employees to find a public option when shopping for healthcare. This affects more than the employees. It also goes to the taxpayers. University of California Berkley conducted a study that Wal-Mart’s public cost costs California taxpayers a grand total of eighty six million a year. This is all because Wal-Marts employees are in need of healthcare, income tax credits, housing, and food stamps according to Gilliam & Greenwald. The article “Wal-Mart Means Fewer Jobs, Less Small Businesses, More Burden on Taxpayers” explains in October of 2014 Wal-Mart announced they would cut all health benefits for all associates that worked less than 30 hours a week. Wal-Mart is one of the only employers of its size to not fully insure all its