Friday, December 08, 2006

Wal-Mart says "Thank You"

The best business story of the week comes from Monday's New York Times (registration required). It's about how Wal-Mart is trying to be nicer to the employees for whom it recently capped wages, made schedules more difficult, and decided that having a sick child wasn't a good reason to miss work.

The story says:

Wal-Mart managers at 4,000 stores will meet with 10 rank-and-file workers every week and extend an additional 10 percent discount on a single item during the holidays to all its employees, beyond the normal 10 percent employee discount.

Overwhelming generosity, ain'a? And there's more!

The program includes several new perks "as a way of saying thank you" to workers, like a special polos shirt after 20 years of service and a "premium holiday," when Wal-Mart pays a portion of health insurance premiums for covered employees.

Better than a living wage!

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