Did Wal-Mart Wake Up? - The Arthur Page Society
Did Wal-Mart Wake Up? - The Arthur Page Society
Did Wal-Mart Wake Up? - The Arthur Page Society
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management. 30 <strong>The</strong> lawsuit also claims that the average proportion of female managers in<br />
the nation’s 20 largest retail stores is 20 percent higher than at <strong>Wal</strong>-<strong>Mart</strong>. 31<br />
Women are also being compensated unfairly as opposed to their male<br />
counterparts. According to Drogin, women earned about $5,200 less than men overall in<br />
2001 at <strong>Wal</strong>-<strong>Mart</strong>. Contrasting hourly vs. salary employees, women working hourly<br />
earned about $1,100 less than men. Women in management earned a salary of $14,500<br />
less than men. 32 Women also asserted that the 5 to 15 percent additional pay that men are<br />
receiving has nothing to do with seniority or performance reviews, as many of these<br />
women felt that men would get promoted before them because of gender alone. 33<br />
If these women were to win the case, <strong>Wal</strong>-<strong>Mart</strong> would have to face very serious<br />
repercussions that could ultimately affect its bottom line. Not only would the company<br />
have to pay what could be up to $10 billion in damages, but there would also be an<br />
increase in pay to about 60 percent of their current workforce, which in turn would boost<br />
prices and reduce not only sales, but its share price as well. In July 2005, about a year<br />
after the plantiffs were certified as a class, <strong>Wal</strong>-<strong>Mart</strong>’s shares fell 3.9 percent to $50.51. 34<br />
3.3 <strong>Wal</strong>-<strong>Mart</strong>: <strong>The</strong> High Cost of Low Price<br />
<strong>The</strong> documentary film directed by Robert Greenwald, <strong>Wal</strong>-<strong>Mart</strong>: the High Cost of<br />
Low Price, was produced by Brave New Films, released in select theatres on November<br />
5, 2005 and opened nationwide November 13, 2005 to thousands of free screenings.<br />
According to the film’s Web site, the feature documentary’s premise is to uncover “a<br />
retail giant’s assault on families and American values.” 35 Using a series of interviews to<br />
13