Jan 26, 2007

Wal-Mart to pay $33 million in back wages

This was due to the incorrect mechanism walmart had for counting overtime and missed breaks. These are serious violations from the biggest private employer in US. Walmart agreed to pay the sum after many lawsuits were brought against it. I think this was not just an error on part of walmart but a widespread policy which walmart had which violated labor standards. To avoid this in future and so that corporations learn walmart should be fined heavily, otherwise corporations will continue these policies in hope that nobody catches them and the cost of being caught is not huge as they just have to pay the salary which was anyway due.

http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=WMT:US&sid=avnZRDjVKWOk

1 comment:

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