Home Depot's Inventory Control Problem

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snipped-for-privacy@milmac.com says...

It _IS_ true. I have a pretty good retirement package (and if I started work 27 days later I wouldn't have half that), but nowhere near what a government sector employee gets. My retirmeent is not indexed to inflation. My medical benefits are fixed and not indexed to any metric.

No it's not. Benefits are a big part of compensation.

Nope. Compensation is compensation. You can't just take one part of the equation and ignore the rest.
--
Keith

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Retirement benefits? That's changing! Most Federal employees hired after 1985 or so get to retire on Social Security at the same age as private sector employees. And last time I checked, they had to pay part of their health insurance premiums.
- Don Klipstein ( snipped-for-privacy@misty.com)
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On Mon, 21 Aug 2006 15:09:19 +0000 (UTC), snipped-for-privacy@manx.misty.com (Don Klipstein) wrote:

(BTW Ken Lay doesn't have a bunk assignment)

It was circa 1985. The old Civil Service Retirement System (CSRS) became Federal Employees Retirement System (FERS). After a certain date new employees were automatically enrolled into FERS. Old CSRS people had a choice to stay in the CSRS.
Under CSRS a person contributed 7.5% of salary to the pension plan, contributed to medial insurance, but no Social Security contributions.
In retirement a CSRS person stills pays towards medical insurance, don't know about FERS.
FERS changes this. A person contributes 3.5 % to a pension, NOW pays Social Security, but also now has a Thrift Savings plan to which they can contribute. The government matches dollar for dollar, up to 10% in the saviings.
FERS also has to work more years than CSRS (law enforcement cited 20 years vs 25 years).
Oren
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<...snipped...>

What country are you in?
--

Larry Wasserman Baltimore, Maryland
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On Sun, 20 Aug 2006 19:56:03 -0400, with neither quill nor qualm, krw

If you look carefully, you'll see lots of gov't employees bailing out to come to the higher-paying jobs in the private sector.
But we see the local gov't paying far too much for work. Like $20+ an hour to stand on the roadway with a SLOW/STOP sign and key in a radio every once in awhile. Perhaps that's what you're referring to. City, County, and State jobs are far higher-paid than they should be.
-- The Smart Person learns from his mistakes. The Wise Person learns from the mistakes of others. And then there are all the rest of us... ----------------------------------------------------- www.diversify.com -- Wisearse Website Design
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says...

Times change, get with the program. BTW, do you think a plumber or an electrician isn't somehow "middle class"? Grow up, already!
--
Keith

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Klipstein) wrote:

Yes, but they did that by learning a trade. Not by working in retail stores. Learning a trade is *still* a path to joining the middle class. Working in retail isn't.
--
Regards,
Doug Miller (alphageek at milmac dot com)
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On Fri, 18 Aug 2006 17:23:41 GMT, with neither quill nor qualm, snipped-for-privacy@milmac.com (Doug Miller) quickly quoth:

(Would you be happier in a more Socialist country, Perce?)

What everyone in this type of discussion seems to be forgetting is that a minimum wage job -doesn't- stay there. Every employee who isn't braindead (or attitudinally challenged) is given raises and ends up making more money each few months or year. If they choose to go elsewhere and start over at minimum wage, that's their option.
The vast majority of today's poor aren't tomorrow's poor. They usually work up the ladder and make more money as they go.
Yes, HD and Wally World have problems, but I still like both stores.
-- The Smart Person learns from his mistakes. The Wise Person learns from the mistakes of others. And then there are all the rest of us... ----------------------------------------------------- www.diversify.com -- Wisearse Website Design
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What retailer pays like that? Going back 50 years, Sears, Gimble's, Macy's, were mostly staffed by women that had a husband working a full time job. They were just a second income. Maybe someone knows for sure, but I don't think theypaid health benefits or enough to fully support a family. If you worked at Sears for 20 or 30 years, you got a good pension.
Are you ready and willing to pay 10% or more for all of your purchases? Wal Mart may be greedy, but so are most of the consumers that hunt for the lowest possible price, then complain they did not get the service and quality of years ago. The department stores I mentioned were put out of business, not by Wal Mart, but by the consumer that made the decision to save money by going to Wal Mart instead of the local retailer that paid his help a few dollars more at the end of the week.
:We have met the enemy, and it is US" Pogo (how many even know who Pogo is?)
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The way I hear it, the usual workweek at Wal-Mart is 28 hours. 28 hours of pay per week - try living on that!
- Don Klipstein ( snipped-for-privacy@misty.com)
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says...

You hear things in your head too.

I won't, but since you're apparently on welfare perhaps you might want to try working for a living. You know Don, there is no guarantee of a good life. Never was, never will be. *WORK* you lazy ass!
--
Keith

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Percival P. Cassidy wrote:

Now that you mention it, you're probably correct. Anything over 30 hours, you have benefits....
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Lots of people eat at McDonalds, but that doesn't mean their food is any good.

How do you come up with that assumption of 10%? I check prices and almost never end up buying from WalMart.

So does every other company too.
S
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On 18 Aug 2006 06:18:20 -0700, snipped-for-privacy@yahoo.com wrote:

...just like every other company in America and probably the world.
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Did you also read the part about the burden that Walmart's employees place on Medicare because they can't afford health insurance, their foodstamps, etc?
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They need to cut out all those "enititlements" . There is no better motivator than an empty stomach. Instead of dropping out or getting knocked up at 15 people might realize the value of an education and stay in school and go to college.
Buck Turgidson wrote:

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On Fri, 18 Aug 2006 16:20:01 -0400, "Buck Turgidson"

Afford food stamps? Tell me more.....
Oren
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Buck Turgidson wrote:

Yeah. Mostly urban legend. A significant part of Walmart's staff are part-timers who, on their own, opt for government-sponsored insurance because commercial insurance - via Walmart - is too "expensive" (the average Walmart employee pays $23/month for health coverage). Many other employees are covered by their spouses' policies.
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I've found WalMart's prices easily beatable here in the Chicago area. The few pennies possibly saved are countered by the cost to travel to a Walmart, they're not on every corner. And did you hear that WalMart is pulling out of Germany - because German's figured out WalMart didn't actually have the lowest price.
S
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wrote:

You aught to read the Vlasic Pickle story. About how Walmart put Vlasic Pickle out of business.
http://www.fastcompany.com/magazine/77/walmart.html
It'd be hilarious if it werent so serious.
dickm
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