Re:Capitalism Has Gone Off the Rails
by SwellJoe on Monday November 03, 2014 @01:56PM
(#8552674)
"Assuming a 2000 hour work-year"
That's an incorrect assumption, possibly wildly so. Likely, more than half of Walmart employees are part-time and temporary employees, partly to avoid giving them legally required employee benefits.
Also, I appreciate that you've done the math in more detail than I did. I did a quick calculation in my head based on the 2 million employees to come up with $2, but you've been more precise and provided numbers, and I appreciate it. Even though we disagree on what the starting numbers for the calculation should be. Basing the discussion in reality is nice, and what I like about HN.
That's an incorrect assumption, possibly wildly so. Likely, more than half of Walmart employees are part-time and temporary employees, partly to avoid giving them legally required employee benefits.
http://www.forbes.com/sites/lauraheller/2013/06/14/obamacare...
Also, I appreciate that you've done the math in more detail than I did. I did a quick calculation in my head based on the 2 million employees to come up with $2, but you've been more precise and provided numbers, and I appreciate it. Even though we disagree on what the starting numbers for the calculation should be. Basing the discussion in reality is nice, and what I like about HN.