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The Way I See It!

I am an Ultra-Conservative, Alpha-Male, True Authentic Leader, Type "C" Personality, who is very active in my community; whether it is donating time, clothes or money for Project Concern or going to Common Council meetings and voicing my opinions. As a blogger, I intend to provide a different viewpoint "The way I see it!" on various world, national and local issues with a few helpful tips & tidbits sprinkled in.

Wal-Mart Math Portion

Cudahy, Development, Info, Money, retail, Wal-Mart

This is part two of Knowing A Gift When You See it

 

I will work this over with these dollar figures:

 

Wal-Mart’s amounts in black $10.91

http://www.jsonline.com/business/36380809.html

According to Lisa Nelson (no relation to Waukesha Mayor Nelson) of Wal-Mart, the $10.91 is just store average total of hourly workers.  These are the same figures she gave Cudahy.

 

Wisconsin minimum wages in red $6.50

 

http://www.dwd.state.wi.us/dwd/publications/erd/pdf/erd_9247_p.pdf

 

The amount in 2005 anti-Wal-Mart establishments used in blue $9.68

 

http://www.laborresearch.org/print.php?id=391

 

Most associates are full-time associates (34 - 40 hours per week), but there are part-time jobs available, as well.


Wal-Mart Careers

 

For the Cudahy Station we will use 300 jobs as that was the number Wal-Mart released.

 

300 jobs with 60% as full-time

300 x .6 = 180 jobs full-time

 

300 jobs with 40% as part-time

300 x .4 = 120 jobs part-time

 

So far so good!

 

180 jobs x $10.91 per hour = $1,963.80 per hour full-time jobs

120 jobs x $10.91 per hour = $1,309.20 per hour part-time jobs

 

300 jobs x $10.91 per hour = $3,273.00 per hour total

 

Now full-time jobs we will take 34 hours a week as a conservative number of hours worked

 

180 jobs x $10.91 per hour x 34 hours a week $66,769.20

 

Now we will use 50 weeks average worked $66,769.20 x 50 weeks = $3,338,460.00 and that is just what the full-timers would bring in at the Cudahy Wal-Mart conservatively.

 

For part-time, we will use 20 hours a week as that was the standard at K-Mart and most large retail.

 

120 jobs x $10.91 per hour x 20 hours a week $26,184.00

 

Now we will use 50 weeks on average worked $26,184.00 x 50 weeks = $1,309,200.00 and that is just what the part-timers would bring in at the Cudahy Wal-Mart conservatively.

 

So let’s bottom line this!

 

300 jobs in Cudahy (not to mention the management positions) $3,338,460.00 + $1,309,200.00 = $4,647,660.00 that Wal-Mart in Cudahy would put into the workers hands with a lot spent in Cudahy.  (Don’t forget that is $4.6 Million +)

 

We will average full-time 34 hours with 40 hours

$10.91 x 34 hours = $370.94 per week x 50 weeks = $18,547.00 per year (conservatively)

$10.91 x 40 hours = $436.40 per week x 52 weeks = $22,692.80 per year

Averaged out $18,547.00 + $22,692.80 = $41,239.80 / 2 = $20,619.90

 

Now what some would like to argue is that Wal-Mart jobs you cannot live off of so let us do some more math and checking in.

 

Remember what the Poverty rates were?

 

2008 HHS Poverty Guidelines

Persons in Family or Household 48 Contiguous States

1 Person $10,400

2 Person $14,000

3 Person $17,600

4 Person $21,200

 

So, as you can see IF the Wal-Mart employee is the only one working with four person household it is below the poverty rate if you use either the average or 34 hour a week numbers.  Now again, most households would have the other person working.

 

True retail doesn’t pay the greatest, but where does it say that a retail job must provide a living wage for themselves and others?  Why must Wal-Mart be the one that everyone decides should?  Does Starbucks offer a living wage?

 

It is always nice to show the math work and actually deal with facts!  The truth can lie when you don’t use facts.

 

Now let’s calculate this with all at minimum wage (again not including management)

 

Alternatively full-time & part-time pay at different rate of Wisconsin minimum wage rate $6.50

 

180 jobs x $6.50 per hour = $1,170.00 per hour full-time jobs

120 jobs x $6.50 per hour = $780.00 per hour part-time jobs

 

300 jobs x $6.50 per hour = $1,950 per hour total

 

We will use 34 hours a week for full-time hours worked

180 jobs x $6.50 per hour x 34 hours a week $39,780.00

 

Now we will use 50 weeks average worked $39,780.00 x 50 weeks = $1,989,000

 

Again, that is just what the full-timers would bring in at the Cudahy Wal-Mart conservatively

 

Once more for part time, we will use 20 hours a week.

 

120 jobs x $6.50 per hour x 20 hours a week $15,600.00

 

Once again, we will use 50 weeks on average worked

 

$15,600.00 x 50 weeks = $780,000 and that is just what the part-timers would bring in at the Cudahy Wal-Mart.

 

So let’s bottom line this with just minimum wage figures!

 

300 jobs in Cudahy (don’t forget the management positions that are not factored into this) $1,989,000 + $780,000 = $2,769,000 that Wal-Mart in Cudahy would put into the workers hands with a lot spent in Cudahy.  (Don’t forget that is $2.7 Million +)

 

We will average fulltime 34 hours with 40 hours

$6.50 x 34 hours = $221.00 per week x 50 weeks = $11,080.00 per year (conservatively)

$6.50 x 40 hours = $260.00 per week x 52 weeks = $13,520.00 per year

Averaged out $11,080.00 + $13,520.00 = $24,600.00 / 2 = $12,300.00

 

2008 HHS Poverty Guidelines

Persons in Family or Household 48 Contiguous States

1 Person $10,400

2 Person $14,000

3 Person $17,600

4 Person $21,200

 

Now the amount in 2005 anti-Wal-Mart establishments used $9.68

 

180 jobs x $9.68 per hour = $1,742.40 per hour full-time jobs

120 jobs x $9.68 per hour = $1,161.60 per hour part-time jobs

 

300 jobs x $9.68 per hour = $2,904.00 per hour total

 

Now full-time jobs we will take 34 hours a week as a conservative number worked

180 jobs x $9.68 per hour x 34 hours a week $59,241.60

 

Now we will use 50 weeks average worked $59,241.60 x 50 weeks = $2,962,080.00 and that is just what the full-timers would bring in at the Cudahy Wal-Mart conservatively.

 

For part-time using 20 hours a week

 

120 jobs x $9.68 per hour x 20 hours a week $23,232.00

 

Now we will use 50 weeks on average worked $23,232.00 x 50 weeks = $1,161,600.00 and that is just what the part-timers would bring in at the Cudahy Wal-Mart conservatively.

 

Bottom lining this!

 

300 jobs in Cudahy (not to mention the management positions) $2,962,080.00 + $1,161,600.00 = $4,123,680.00 that Wal-Mart in Cudahy would put into the workers hands with a lot spent in Cudahy.  (Don’t forget that is $4.1 Million +)

 

We will average full-time 34 hours with 40 hours

$9.68 x 34 hours = $329.12 per week x 50 weeks = $16,456.00 per year (conservatively)

$9.68 x 40 hours = $387.20 per week x 52 weeks = $20,134.40 per year

Averaged out $16,456.00 + $20,134.40 = $36,590.40 / 2 = $18,295.20

 

2008 HHS Poverty Guidelines

Persons in Family or Household 48 Contiguous States

1 Person $10,400

2 Person $14,000

3 Person $17,600

4 Person $21,200

 

Disclaimer –doesn’t factor any overtime in equations

 

That is a lot of money Cudahy is losing out moving around the city!  And yes, not all jobs would go to just Cudahy residents, than again what company does?  Even the Police department in Cudahy doesn’t require only Cudahy residents!

 

Nobody forces anyone to work at Wal-Mart, they choose to!

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