Wal-Mart Links Pay To Diversity Goals

[Deacon]

CHICAGOâ€â€￾Under fire for its record on promoting
women along with a recent, racially charged controversy over movie
selections on its Web site, Wal-Mart told regulators Wednesday that it
will begin penalizing executives who fail to meet diversity targets.



In a filing with the Securities and Exchange Commission, Wal-Mart
said that it has established "objective diversity initiatives as a
performance measure" under its management-incentive plan for fiscal
2007.



The world's largest retailer has "set diversity goals to motivate
officers to achieve [its] diversity initiatives, while adhering to the
company's commitment to select the most qualified individual for each
position," the filing read.



Incentive payments for executives who participate in the plan but
fail to achieve the targets could be reduced by up to 15%, the company
indicated.

Screw you white man.




[url]http://www.amren.com/mtnews/archives/2006/01/walmart_links_p ay_to_diversity.php[/url]


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Edited by: Deacon

 

[JD074]

When US companies have to put up with all this crap, is it any wonder why they're all so desperate to leave?

 

[hollywoodnorth]

Pathetic.Edited by: hollywoodnorth1

 

[jaxvid]

Planet of the Apes? that's what I think everytime I walk into a Wal-mart.

 

[Colonel_Reb]

Seems like since a majority of the people that work in Wal-Mart's are black, the movies they sell should be majority white to make up for it. I think it's safe to say that they don't get a majority of their sales from minorities.