Google

Saturday, October 22, 2011

Expecting more from employees, while giving them less

Wal-Mart cuts some health care coverage - BusinessWeek: "The moves come as the discounter is working hard to reverse nine straight quarters of decreases in revenue at stores open at least a year, and may see a gain by the third quarter. Like many other retailers, Wal-Mart has been on a campaign to cut costs by having more workers on duty during peak sales times without being overstaffed during lulls. But the company's cuts on health care represent a reversal from only a few years ago when Wal-Mart, under pressure from union-backed groups, announced that it would provide health care coverage to part-time workers, including those who work less than 24 hours a week, after one year on the job. Prior to that, part-time workers had to work at Wal-Mart for two years before being eligible for coverage. It also lowered premiums and lowered co-pays for prescription drugs."

'via Blog this'

No comments: