Programming, Policitcs, and uhhh Pineapples.
# Wednesday, October 26, 2005

Walmart = Evil?

Wednesday, October 26, 2005 4:15:18 PM UTC

After reading the recent articles regarding the leaked Walmart memo regarding the hiring of "unhealthy" persons, I couldn't help but be repulsed by Walmart.

Another retailer, CostCo, which battles Walmart's Sam's Club, is almost the complete opposite of the Walmart in terms of business practices, values, and principles. I dug up a little writeup from a few months back:

Jim Sinegal = Hero

I was really moved by an article that I read about CostCo Ceo, Jim Sinegal.

"Costco's average pay, for example, is $17 an hour, 42 percent higher than its fiercest rival, Wal-Mart's Sam's Club. And Costco's health plan makes those at many other retailers look Scroogish.
...
Costco was founded with a single store in Seattle in 1983; it now has 457 stores, including two in the Houston area. Despite Costco's impressive record, Sinegal's salary is just $350,000, although he also received a $200,000 bonus last year. That puts him at less than 10 percent of many other chief executives, though Costco ranks 29th in revenue among American companies."

There are other positive articles on CostCo's business practices floating around the web.  I also learned a lot about CostCo and their absolutely awesome business practices from some people on Fark.

How's this for being treated well...

I'm an hourly NON-MANAGEMENT employee at a non-union location who makes $19.32 per hour and time and a half on Sundays for $28.98 per hour.

Besides this I get a bonus of $3,000 twice per year (full time employee), I get FIVE Weeks of paid vacation each year, 8 paid holidays, 6 paid sick days, I pay 4% of the total cost of my health insurance, I get 2% back on all my purchases, I get a free turkey every Christmas (winter holiday), ....

Did you know that a cashier at Costco who has worked for the company full time for 4 years makes more money than an Assistant store Manager at Wal-Mart?

Wait HERE's A GREAT ONE THAT I ALMOST FORGOT!!!!! ONE THAT IS SURE TO MAKE THE LIBERALS FLAME!!!

If you are a Costco employee and leave the company to enlist in the military, COSTCO HOLDS YOUR JOB FOR YOU FOR 5 YEARS!! AND IT GETS BETTER! If you end your active military service (you can stay in the reserves) and decide to come back to Costco within 90 days of your discharge, Costco not only takes you back, BUT THEY TAKE YOU BACK AS IF YOU HAD NEVER LEFT!!! You get the same or equal position and you accrue raises and bonus eligibility based on how many hours you worked per week for Costco before you left for the service!!!

So if you're a full time employee with say 6 months on the job, you can join the service, do a 4 year tour to get your GI bill, leave the active duty military and come back to Coscto as a topped out employee making $18.32 per hour with full benefits!!!!

-- "The_Pink_Pimp"

Now that is impressive; all this stuff really moved me (strange, I know). To me, this is what true patriotism is in the 21st century; it is supporting your fellow Americans by giving them fair wages, good benefits, and treating them like first class people.  An honest business practice that actually rewards the people that make the business profitable day-in, day-out?  That's almost unheard of in todays environment of Enrons and Tycos. As the cherry on top of the whipped cream, CostCo is also more profitable per square foot of retail space and per worker than Walmart...by a large margin:

Costco actually keeps its labor costs lower than Wal-Mart's as a percentage of sales, and its 68,000 hourly workers in the U.S. sell more per square foot. Put another way, the 102,000 Sam's employees in the U.S. generated some $35 billion in sales last year, while Costco did $34 billion with one-third fewer employees

Just goes to show you how fair pay, good benefits, and respectable business practices do pay in the end as employees are far more motivated, satisfied, loyal and, ultimately, far more productive.

I checked out their website and found out that they use ASP.Net :-D

CostCo just got another convert.

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