The American Prospect reviewed a couple of books about Wal-Mart, and included this charming anecdote about Wal-Mart founder Sam Walton
Around the time that the young Sam Walton opened his first stores, John Kennedy redeemed a presidential campaign promise by persuading Congress to extend the minimum wage to retail workers, who had until then not been covered by the law. Congress granted an exclusion, however, to small businesses with annual sales beneath $1 million -- a figure that in 1965 it lowered to $250,000.
Walton was furious. The mechanization of agriculture had finally reached the backwaters of the Ozark Plateau, where he was opening one store after another. The men and women who had formerly worked on small farms suddenly found themselves redundant, and he could scoop them up for a song, as little as 50 cents an hour. Now the goddamn federal government was telling him he had to pay his workers the $1.15 hourly minimum. Walton's response was to divide up his stores into individual companies whose revenues did not exceed the $250,000 threshold. Eventually, though, a federal court ruled that this was simply a scheme to avoid paying the minimum wage, and he was ordered to pay his workers the accumulated sums he owed them, plus a double-time penalty thrown in for good measure.
Wal-Mart cut the checks, but Walton also summoned the employees at a major cluster of his stores to a meeting. "I'll fire anyone who cashes the check," he told them.
Who inspired you? The role that teachers play in influencing the lives of their students is something that’s been lost in current debates about education mandates and standardized testing. Teaching isn’t just about making sure kids can pass exams. It’s also about helping future adults find their gifts, discover their interests, and learn who they […]
This is a seriously incredible story. If you did not already kind of love Carl Sagan, and think of him as a sort of benevolent hippie grandpa, you totally will now. And the message here is seriously spot-on: The best way to honor the people who helped you realize your dreams is to help somebody […]
[UPDATE: A couple of Boing Boing readers have translated articles that say this encounter was staged. Read the comments below.] [Video Link] This is a fascinating 15-minute video that shows a hunter-gatherer tribe in Papua New Guinea meeting with people from the outside world for the first time. They are very cautious, but also very […]
Projects will always need management. And now with the tech gold rush it feels like there are more projects than ever with fewer managers than there’s demand for. But it takes too much time and money to go back to school full time so luckily the Project Management Professional certification training course is now 96% […]
If you’ve been blessed enough to avoid them yourself, you’ve definitely heard the horror stories. Late night, crushing out a ton of work, writing, coding, anything, then boom – your computer crashes. The battery blows, you spill water or coffee all over the place, or it just shuts down with no explanation, and you’re screwed. […]
You travel around a lot. It might be that jet set life from New York to LA to London to Tokyo, or it might be back and forth from the coffee shop to the office, or from the kitchen to the couch. Any which way, you’re mobile and that’s the way to live. When you […]