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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (739603)9/15/2013 4:59:25 PM
From: joseffy  Respond to of 1576313
 
Despite pressure, ban on gay blood donors endures



To: tejek who wrote (739603)9/15/2013 5:00:27 PM
From: jlallen2 Recommendations

Recommended By
Brumar89
TideGlider

  Respond to of 1576313
 
Costco chooses to have a lesser profit margin for the better good

LOL!!! You are still KOD.....and posts like that are a perfect example of why you always will be!!!



To: tejek who wrote (739603)9/15/2013 5:02:19 PM
From: joseffy  Respond to of 1576313
 
Wisconsin teachers union decertified in latest blow to labor under Walker law



To: tejek who wrote (739603)9/15/2013 5:17:49 PM
From: i-node  Read Replies (1) | Respond to of 1576313
 
>> You miss the most important point entirely. Costco chooses to have a lesser profit margin for the better good.

NO, YOU miss the point.

If they were in fact doing that, it would be counter to management's fiduciary responsibility to the shareholders and would subject them to shareholder liability suits. They are not allowed, as corporate directors, to arbitrarily put the "societal" benefits ahead of shareholders.



To: tejek who wrote (739603)9/15/2013 5:23:29 PM
From: TopCat5 Recommendations

Recommended By
Brumar89
FJB
i-node
one_less
TideGlider

  Read Replies (1) | Respond to of 1576313
 
"Costco chooses to have a lesser profit margin for the better good."

I thought you said paying higher wages would increase productivity and thus profitability.



To: tejek who wrote (739603)9/15/2013 9:29:42 PM
From: Brumar89  Read Replies (1) | Respond to of 1576313
 
I found this amusing: Until 2009, Costco did not accept food stamps. As of March 14, 2009, an article in the Pittsburgh Post-Gazette quoted Jim Sinegal, co-founder and president of the company, as saying, "Generally we don't have customers who use food stamps." [35]
In response to the poor economy, as well as competitor BJ's Wholesale Club's decision in April to accept electronic food-stamp benefits chainwide, [36] Costco announced in May 2009 that it will accept food stamps on a trial basis in two New York City stores starting in June 2009 and depending on its success, might expand it to all New York City stores. [37] The company subsequently announced plans to expand the program beyond New York City, targeting first the "hard-hit areas like Michigan, Indiana, and the central valley of California", expanding to "half its roughly 410 U.S. stores by Thanksgiving", and then going nationwide.

......

While some former Price Club locations in California and the northeastern United States are staffed by Teamsters, [58] the majority of Costco locations are not unionized although there seems to be a move in 2012 to unionize some locations in Canada. [59] The non-union locations have revisions to their Costco Employee Agreement every three years concurrent with union contract ratifications in locations with collective bargaining agreements. Only remotely similar to a union contract, the Employee Agreement sets forth such things as benefits, compensations, wages, disciplinary procedures, paid holidays, bonuses, and seniority. The employee 'agreement' is subject to change by Costco at any time and offers no absolute protection to the workers. As of March 2011 [update], non-supervisory hourly wages ranged from $11.00 to $21.00 in the United States, $11.00 to $22.15 in Canada, and £6.28 to £10.50 in the United Kingdom. In the US, eighty-five percent of Costco's workers have health insurance, compared with less than fifty percent at Walmart and Target. [60]

Product-demonstration (e.g., food samples) employees work for an outside company. In the western U.S., the company is called Warehouse Demo Services, Kirkland, Washington. [61] Costco also uses Club Demonstration Services, based in San Diego, California.[ citation needed] In Canada, demonstrations are done exclusively by Professional Warehouse Demonstrations. [62] Demonstration employees receive a pay and benefit package that is less than that of Costco employees. [63]

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