Laserfiche WebLink
AttachmentG <br />48 <br />will only exacerbate the continuing decline of the middle class, A <br />Wal-Mart spokesperson was quoted in 2004 saying, "More than two t <br />49 <br />trying to support a family, that’s who our jobs are designed for <br /> <br />A study done by the compared Wal-Mart’s wages to <br />UC Berkeley Institute of Industrial Relations <br />other large retailers, as well as other industry segments. Wal-Ma <br />of all general merchandise workers, and 71% of large general mer <br />The study <br />found a significant gap in pay for Wal-Mart employees. Looking a <br />adjusting wages for local labor markets, Wal-Mart employees earn <br />other retailers. On average, general merchandise workers made 1 <br />50 <br /> <br />merchandise workers made 25.6% more than the Wal-Mart average fo. <br /> <br />Not only are employees being paid less than fair wages, only half <br />receiving healthcare. And those who do receive benefits are enro <br />inadequate coverage. <br /> <br />Wal-Mart’s 2010 health care offerings include low premiums of $2 <br />51 <br />coverage, or $702 per year; however this plan has a high annual With a <br />$4,400 annual deductible, a family would have to pay $5,102 of th <br />Mart’s insurance pays for anything. For a family whose only inco <br />associate, making Wal-Mart average wages of $11.75 an hour, this <br />52 <br />annual income. New Yorkers cannot afford to devote one forth of their incomes <br />before their insurance kicks in. <br /> <br />50 <br />Page28of95 <br /> <br />