Walmart And Minimum Wage Analysis

When it comes to Walmart and what it pays its employees, there are many different views on the issue. No matter what the argument is, the median wage that Walmart pays its employees is $8.81 with little to no benefits, which would be equal to about $15,576 a year if that employee were to work 34 hours every week. That’s more than 6,000 dollars under the poverty level of a family of 4 and 3 dollars less than the national average cashier makes. Even if one were to think this to be passable, they would have to realize that Walmart can afford to pay their employees much more than what they are, and still make a profit doing so. In fact, if Walmart were to raise their wages up to 12 dollars an hour, then there would only be a small change in price …show more content…
In fact, when someone is getting paid minimum wage, they aren’t even making close to enough to be above poverty level. This is the life of nearly 30 million Americans today, and the majority aren’t teenagers, like many would come to believe. The truth of the matter is that the majority of these people are adults who are middle aged and trying to support not only themselves, but also their loved ones. When someone is making that low of an income, many cannot afford to live in a safe neighborhood, or live close to their work place. They end up having to move into unsafe areas that require long commutes and high gas bills for jobs that can’t sustain even the lowest quality of living. Many people don’t even have any money left after you take rent out for food, electricity, and other necessities to living. Since many people can’t afford to live on that, they have to look for the support of different federal support systems, such as welfare, food stamps, income tax credits, health care, and other benefits, to help them out. However, as a household rises above the poverty level, many of these benefits are taken away even thought they aren’t still aren’t making enough money to sustain their current situation. The way that food stamps work, is that when someone’s income is raised 1000 dollars, that person can lose up to 2,000 dollars in food stamps, and putting them in a worse situation than what they were in before. These people then have decide on what sacrifices they need to make so they can still make ends meat. For example, one may have to decide to go without health insurance, pay for cheaper or possibly less safe child care, live in inadequate housing, or decide to go hungry at the end of the month just so they can afford to keep living as stable as a life they