Sanders to Penalize Walmart’s Owners Unless They Pay Workers $15 an Hour

Labor News

Walmart employee Kenneth White scans items while conducting an exercise during a Walmart Academy class session at the store in North Bergen, N.J. Walmart will be rolling out a program that allows its staff to check out customers and provide receipts right on the spot in the busiest sections of the store. (Julio Cortez/AP)

Reprinted from The Washington Post by Jeff Stein on November 14, 2018.

Senator Bernie Sanders (I-Vermont) will unveil legislation on Thursday to force Walmart to raise its workers’ wages to at least $15 an hour, the latest move in the senator’s campaign to target large US corporations over low pay.

Sanders’s “Stop Walmart Act” is designed to pressure the biggest employer in America to raise wages for nearly 1 million workers. The bill would bar big corporations from buying their own stock — a move that rewards shareholders — unless they pay all employees $15 an hour, provide them seven days of sick leave, and prevent CEO compensation from rising more than 150 times above median employee pay.

The effort comes after Sanders spearheaded a campaign over low worker pay at Amazon.com, which culminated last month in the online retailer agreeing to pay all workers at least $15 an hour. …

The Washington Post 11/14

About Jeffrey Burman 4453 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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