Nonunionized Wal-Mart still facing strikes
Workers are protesting labor conditions, and some are targeting a mass Black Friday walkout. The company responds by filing an unfair labor charge.
Even though it has no employee unions, Wal-Mart (WMT) may get socked with worker strikes on Black Friday.
Workers want better pay, more health care coverage and permission to form unions without retaliation. If Wal-Mart doesn't offer them an olive branch, some of them appear ready to go on strike on one of the busiest shopping days of the year.
After days of downplaying the protests, Wal-Mart responded Friday by filing an unfair labor practice charge in the case. Wal-Mart shares closed Friday down 1% to $68.03.
The strikes seem to be coalescing around a group of current and former Wal-Mart workers called Organization United for Respect at Wal-Mart, or OUR Wal-Mart. The group is asking Wal-Mart employees to take the Black Friday pledge on its website and refuse to work on that day. The group is getting backing from the United Food and Commercial Workers union, known as UFCW.
Wal-Mart directly targeted UFCW Friday, asking the National Labor Relations Board to stop what it describes as illegal efforts to disrupt business, Reuters reports.
"We are taking this action now because we cannot allow the UFCW to continue to intentionally seek to create an environment that could directly and adversely impact our customers and associates," Wal-Mart spokesman David Tovar said in a statement. "If they do, they will be held accountable."
The union scoffed, and one spokeswoman described the company as "grasping at straws." OUR Wal-Mart says it has 1,000 protests lined up from now through Black Friday at Wal-Mart locations nationwide.
Many Wal-Mart employees earn less than $10 an hour, and the group is asking the company to bump up pay to at least $13 an hour, according to John Logan, a professor of labor and employment studies at San Francisco State University.
In addition, worker health care premiums are expected to rise as much as 36% next year, Reuters reports. Wal-Mart told Reuters that the average health care premium will only rise about 4.4% for employees, however, as some high-premium plans get removed. Wal-Mart pays for routine checkups, but employees need to meet a deductible of at least $1,750 before Wal-Mart begins paying 80% of the cost of doctor visits, tests and other services, Reuters reports.
More from Top Stocks
- Wal-Mart faces a tough holiday season
- Blizzard of layoffs on the horizon this winter
- Hostess may be gone, but Twinkies may live on
Interesting that a lot of criticism is leveled by the anarchists/liberals toward Wal Mart, one gripe is tha they move in and destroy local business. There is some truth to that but the same holds true for all chain operations. Sams wholesale club as part of their business, as soundly criticized for the same thing and for their large carbon footprint. No such outcry over Costco, a large Demo supporter , the CEO spoke at the Dems convention.
Get real people.
This is off topic. However, for many of you, this will be the most important post you will ready for all eternity.
There is a great truth most never really consider. We all die, be it today or 100 years from now. We will all be dead. It is an absolute fact.
What I briefly wish to talk about is where you will spend eternity. Since we will all be dead someday, where we spend eternity is off paramount importance. It is the only thing that truly matters.
I believe most people don’t really like to think about death, and pretend it will not happen. But it will. I also believe most people don’t like to think about eternity much because it cannot be proved.
I am making a definitive statement. Jesus Christ, whose birthday we celebrate on Christmas, and whose resurrection we celebrate at Easter, is the risen Son of God. It is only through faith in him that your eternity can be made secure. 2,000 year ago or so, God sent Jesus, his only Son, to die on a cross for us.
Why did he have to die, you might ask. All men have gone against and disobeyed God’s commandments, the most basic of which is the 10 commandments. As result, all men according to God are under the penalty of death. The Lord is a just God and does not tolerate disobedience; his ways are higher than our ways.
God however is merciful, and is not willing that anyone should perish. So he sent his only Son, who was sinless and never disobeyed God, to die on the cross and therefore pay the penalty for all our sin.
He offers forgiveness to those who are willing to accept the death of his Son as payment for your disobedience. I am proclaiming this good news to you so that you might believe on the Lord Jesus and receive God’s forgiveness. In order to secure your eternity, you must believe that Jesus Christ paid the price on the cross for your sins, and you must accept his death on the cross as being the full and only payment.
If you believe in Jesus, then you should begin to read the word of God, the holy bible, and find out how God commanded us to live. His two greatest commands are these, to love him with all our heart, and to love our neighbors as much as we love ourselves. According to Gods word, if we do this we will live.
I have put before you the way to life. It is your choice what you do with it. I hope you choose well.
stop with the big unions crap! they are now completely corrupt! obama stimulus payoff all the money went to big unions and jobs went to other countries! fact! big unions pumps money into policiticans and business that they payoff and other than big govt and teachers contractors they do nothing for the regular person! it's not funny that Wisconsin is doing much better throwing their butts out of the state! when will you stupid demo liberals understand your being scammed by them and Obama! every state with demos and big union is broke in debt high taxes and low unemployment! don't take my word look up the facts you dopes! why are more people on the govt assistance? it's now almost 1/2 the country! THAT'S SOCIALISM! IT'S A COMPLETE FAILURE! LOOK AT EUROPE YOU DOPES!
To the person the video is about and all like you...
Don't show up to work
All common words used by people like yourself. Wonder how many working for Wal-Mart are thankful to have their jobs (unlike you) in these tough, economic times. Try showing some appreciation and gratitude for what you do have, or try finding another job that will pay you more for the intelligence you think you may (apparently don't) have.
Frankly, I'm surprised you haven't sued someone, anyone, for the words used to define "Black Friday" just because it's an injustice to you.
Hmmm, is that next with the mentality you have?
Doubtful if Wal-mart did fire you, it would not be for your so called speaking out, but more like your lack of production at work and of course we all know, dependability. Remember, you have openly said you "called in" when clearly you were capable of doing your job, but rather didn't feel like it. How very sad you are Colby and all like you.
Nothing is happening to you "internally" other than the fact that you are lazy and expect more for less on your part.
With the economy such as it is, it would be ludicrous to walk off a job, keeping your job is
paramount. The Union only pays minimal amounts while on strike and if you are behind it
on payments it may be months before you get any benifies. People also need to read their health
insurance information. There is a deductiable that the employee has to meet, also your employer
pays for the large portion of your health insurance, it is almost impossible for an individual to afford
health insurance. The high cost of health insurance is our fault, we got to hospital if we have a sniffle
or a cough. Then you get mad if the doctor gives you stuff you could get a the local pharmacy. People
really need to educate themselves about medical condition and quit being so sensitive to every little bit of information on TV. Hypochondriac's. You don't need a raise you need to live within your means. You have a beer budget and want champagne, if you want better get an education and then try working at the top, Can you really handle the extra RESPONSIBILITY and not complain.
Fire Colbt Harris now and anyone else who walks out on Black Friday. Colby lies, big union is behind this. Terminate anyone who does not show up on Black Friday an give the jobs to someone who will appreciate it. Walmart owns this business not the likes of Colby Harris and they have the right to run their country. Wake up you morons appreciated the job.
My response to you would be exactly the same as yours to me.
The Unions are responsible for us having 8hr work days, jobsite safety, equality, and higher pay. Thank your local union. Sounds like a lot of people want to go back to the horse and carriage days. By the way I'm a union member, and Democrat. That being said, I hope we the Red and the Blue come together soon and make sound solutions to our faltering country. Fiscal cliff talk is taking over CNBC and I can't seem to make a good trade with that being spoken about all the time.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.