MNCEthical Issue

Corporate Governance Of Walmart

Wal-Mart It is one of the largest retailer, second-largest corporation,

and largest private employer (with 1.3 million workers). Case: Employee Ill-treatment Situation: Wal-Mart earns a net income of over $11 billion

previous year(2014), enough money to remedy some questionable workplace practice. Still stories persist about wage law violations, inadequate health care, exploitation of workers, and the retailer’s anti-union stance

Impact: All these created some 5,000 lawsuits are filed against Wal-Mart each year, or roughly 17 suits per working day.

Intention: Make higher profits and more expansion. Resulting is suppression of employees.

Wal-Mart:Issues Anti-Union Stance

After workers at a Wal-Mart store in Québec successfully unionized, Wal-Mart announced that it would close that store, citing “economic reasons.”

 Wal-Mart employees in central Florida formed a workers group, the Wal-Mart Workers Association, in an attempt to improve working conditions and air grievances against the company. By January, the group had enlisted approximately 300 employees from 40 stores.

Wal-Mart: Issues Wage Exploitation:

 Workers in Pennsylvania were not compensated for hours worked. In one instance, one employee claimed 8 to 12 unpaid hours a month, on average. Wal-Mart denied the claim, which could include 150,000 Pennsylvania workers.

Exploitation of Workers Wal-Mart denied minimum wage, required

overtime, and punished union activity. It supposed that one Bangladesh worker worked seven days a week from 7:45 AM to 10:00 PM. without a day off in six months.

Wal-Mart Solution:

Workplace fairness should be improved. Fair treatment of employees are essential. And fairness being one of the important ethical attributes.

Employee rights should be provided by the MNC’s. Every employee has the legal rights in their workplace.

Workplace issues like income gap, health issues, etc should be eliminated.

Avoid autocratic management style over the employees. This only lead to 5000 pending law suits and legal issues.

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