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Personal Finances / Living Below Your Means

URL:  http://boards.fool.com/ltlta-40-year-old-associate-who-has-worked-30390694.aspx

Subject:  Re: WMT Redux--Epitome of Shameful Date:  11/19/2012  6:52 PM
Author:  SeattlePioneer Number:  868882 of 886579

<<A 40-year-old associate who has worked almost half her life now earns $19.53 an hour--a hefty wage for an hourly employee, but also the most she can ever hope for, given that she has already hit the company's cap. "After 19 years in retail, I guess what I make is OK. But if I stay with this company until I retire, I could be making the same wage for the next 25 years." >>



The same kind of thing applies to most union contracts.


Yawn.



Seattle Pioneer
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