David Lazarus: Seeing red over CVS wage policy
http://www.fresnobee.com/2014/07/04/4010959/seeing-red-over-cvs-wage-policy.html?sp=/99/170/
From the Article:
The nation’s second-largest drugstore chain adjusts its annual raises to how much an employee makes. The higher your salary, the lower your raise.
The top workers at CVS stores — those earning the highest hourly wage for their job classification — are “red-lined” by the company and receive no raises at all
CVS, which gave its chief executive a 26% raise last year to almost $23 million in total compensation, isn’t alone in making sure its rank-and-file workers don’t make too much money. And this is why, in any discussion of income inequality, we keep reaching the same point — the rich get richer, while everyone else gets table scraps.
Filed under: General Problems
There is a huge and growing disparity between incomes of corporate executives and employees. It seems like we are moving backward in time toward a Medieval society. There are the rich and the poor and any of those people in the middle are getting squeezed and pushed downward. The ‘Kings’ are the big corporations and the employees are ‘serfs’. If you look at history, not much has changed.
I’ve never been in a CVS pharmacy and they just built this new CVS Super Store on Bay Area Blvd. here in Houston not that far from the Johnson Space Center.
They built this CVS in the parking lot of a old closed down Kroger store closer to Bay Area Blvd. which is a busy street with all the people that work at the Johnson Space Center and the Medical Center in Clear Lake Houston. I’ve never seen a CVS this large and a high vaulted ceiling. Its almost like a grocery store combination pharmacy.