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Topic: More on Walmart
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karenas
rabble-rouser
Babbler # 835
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posted 19 December 2002 02:45 PM
I can't confirm that info (though it sure sounds familiar) but I did hear about a new twist on Walmarts villiany on "As it Happens" last week.The story was about how the company has taken out life insurance policies on its mid- and lower-level managers, without their knowledge or consent. It was some kind of tax-evasion scheme. Anyway, now they're being sued by the widow of a manager who died on the job (after working something like 48 hours over 3 days to get ready for some store event). Walmart collected on the policy, but the deceased manager's family did not realize any benefit, and only found out about the policy after the man died. Apparently, the IRS is now wise to this form of tax-evasion and it has since been made illegal, but Walmart still has all these policies. Nice, eh? A great incentive to treat your employees properly...taking out a life insurance policy, should they kick the bucket due to, oh, say stress or overwork?
From: BC | Registered: Jun 2001
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Alix
rabble-rouser
Babbler # 2279
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posted 20 December 2002 09:56 AM
About the first post - Indigo used to do the same thing. They were very sticky about breaks (even though they were breaking the labour laws for breaks, and were dumb enough to post the labour law in the lunch-room so we all knew it), and you would get in trouble if you came back late. But, when the store closed at night, you didn't get paid after 10, yet had to stay until all the customers were gone, which could often be another 20 minutes to half an hour. A couple of years after they opened, they started swipe cards, and at that point, you got paid if you stayed late. But at the time I left (a year ago) they were still not giving people enough time for breaks if you worked a 5-7 hour shift. If you worked six hours, you just got a fifteen minute break, and they schedule most people for 6 hours so that they didn't have to give 1/2 hour breaks. If I remember that labour law correctly, anything over 5 hours, and you should get a 1/2 hour unpaid lunch, but that wasn't an option there. So it isn't just the Walmarts of the world that are involved in this kind of scam at the employees expense.
From: Kingston | Registered: Feb 2002
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