Stevens Institute of Business & Arts Walmart to Pay 550 Million in Bonuses Case Study

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Business Finance

Stevens Institute of Business & Arts

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(Great English is a must!! No grammar errors!)

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(MIN 4 Full Pages, MLA Format)

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Subject of the paper: Wallmart to Pay $550 Million in Bonuses


Requirement: Using Rule consequentialism to evaluate:Coronavirus Crisis: Walmart to Pay $550 Million in Bonuses

Rule consequentialism holds that the rightness of an act depends not on the goodness of its consequences, but on whether or not it is in accordance with a certain code of rules, which has been selected for its good consequences

4 page, double space

1. An introductory paragraph in which you introduce the paper, explain what you will do in the paper, and state a thesis.

2. A case description of the business ethics controversy you will evaluate. You may (but need not) supplement our course readings with 2-3 sources, such as periodical articles, on your topic.

3. An ethical evaluation in which you use your ethical theory to explain what would be the right thing to do in the case.

4. An objection to the ethical evaluation.

5. A defense of the ethical evaluation responding to the objection.

6. A discussion of which position is better, the original ethical evaluation or the objection. Provide a reason that supports your preference.

7. A concluding paragraph that summarizes what you have done in the paper and provides any additional relevant discussion.


Other information: Try to focus on main action: Walmart has decided to use their parking lots to test patients for COVID19, but don’t have enough tests for everyone. They have decided with this limited supply, to test only first responders and medical workers for the virus, the individuals they have deemed most important for their role during this pandemic.


Format:

  • APA Format
  • No plagiarism is accepted
  • The attached document represents the article

*** The work will be checked for plagiarism through Turnitin by the professor. It is essential for everything to be free of plagiarism otherwise sanctions will be imposed***

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3/20/2020 Walmart to Pay $550 Million in Staff Bonuses, Hire 150,000 Temporary Workers - WSJ This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. https://www.wsj.com/articles/walmart-to-pay-550-million-in-sta -bonuses-hire-150 000-temporary-workers-11584664622 U.S. Walmart to Pay $550 Million in Staff Bonuses, Hire 150,000 Temporary Workers Retailer boosts pay and hiring in response to coronavirus shopping surge; to start testing for the virus in Chicago-area parking lots The shelves were empty at a local Walmart after people stocked up on toilet paper and sanitizers in Sulphur Springs, Texas, on Wednesday. PHOTO: LARRY W SMITH SHUTTERSTOCK By Sarah Nassauer Updated March 20, 2020 1 39 pm ET Walmart Inc. said it would pay special cash bonuses totaling $550 million to its hourly workers and hire 150,000 temporary staffers as the country’s biggest retailer seeks to manage a shopping surge sparked by the coronavirus pandemic. https://www.wsj.com/articles/walmart-to-pay-550-million-in-staff-bonuses-hire-150-000-temporary-workers-11584664622 1/4 3/20/2020 Walmart to Pay $550 Million in Staff Bonuses, Hire 150,000 Temporary Workers - WSJ The company, which employs around 1.5 million people in the U.S., has struggled to keep its stores stocked and fulfill online orders as consumers seek to stock up on food and household essentials. The company has kept its U.S. stores open but reduced store hours and limited purchase quantities for some items. CORONAVIRUS AND STORE CLOSURES Tracking Americas’ Retailers and Restaurants On Thursday, Walmart said it would pay a $300 cash bonus to full-time hourly workers and a $150 bonus to part-timers. The company said it would also accelerate first-quarter bonuses. Walmart also plans to hire 150,000 workers through the end of May in its stores and fulfillment centers. The jobs will be temporary at first but could convert to permanent roles. Target Corp. said Friday it would raise its minimum wage by $2-an-hour for store and distribution-center workers through May 2. The company also said it would give special bonuses to 20,000 hourly department managers ranging from $250 to $1,500 apiece and provide paid leave of up to 30 days for older and pregnant workers. The moves represent a $300 million investment, Target said. The changes come after Amazon.com Inc. said it planned to hire an additional 100,000 people in the U.S. and raise pay for warehouse and delivery workers by $2 an hour through April. All three companies are trying to manage a surge in orders at a time that many clothing and mallbased retailers have shut their doors. At Walmart the bulk of the new workers will staff distribution centers and online fulfillment centers, not make up for store workers who aren’t coming to work, Dan Bartlett, executive vice president of corporate affairs for Walmart, said Thursday on a call with reporters. “It’s not so much about filling a gap, but there is just so much demand,” he said. Walmart officials said Thursday they had reached out to industry groups representing hotels and restaurants, offering to hire staff who have recently lost their jobs. Walmart is also speeding its hiring process to 24 hours, down from what is usually a two-week application process. Walmart said every U.S. hourly worker employed by March 1 will receive the special bonus and the payments will be made on April 2. “We felt this was a moment they needed to be provided some extra merit pay,” Mr. Bartlett said. “They are doing herculean work in our stores serving our customers in frankly a tense https://www.wsj.com/articles/walmart-to-pay-550-million-in-staff-bonuses-hire-150-000-temporary-workers-11584664622 2/4 3/20/2020 Walmart to Pay $550 Million in Staff Bonuses, Hire 150,000 Temporary Workers - WSJ environment.” WSJ NEWSLETTER Get an early-morning coronavirus brie ing each weekday, plus a health-news update Fridays: Sign up here. Initially, the appearance of coronavirus cases in the U.S. drove sales of water, cleaning and paper products, Mr. Bartlett said, but as officials began talking about sheltering at home, the demand shifted into food categories. Walmart will start using its parking lots to test patients for Covid-19, the disease caused by novel coronavirus, within the next 24 to 72 hours in the Chicago area, Mr. Bartlett said. Walmart Chief Executive Doug McMillon and other retail CEOs discussed the idea, without giving details, in a White House press briefing last Friday. The first testing sites, which Mr. Bartlett on Thursday described as a pilot, will serve medical workers and first responders. But retailers aren’t able to add more testing locations until there are enough testing supplies and medical protection, he said. The lack of supply “is limiting everyone.” Walmart is joining with other retailers, especially Walgreens Boots Alliance Inc., to provide testing sites, Mr. Bartlett said. At first, government employees will conduct the tests. If testing is able to expand to more sites, Walmart and Walgreens aim to have their own pharmacy staff conduct tests, he said, focusing on rural areas and other gaps in the government’s testing locations. Amazon’s and Walmart’s decision to go on a hiring spree and boost worker pay shows the dual challenges the companies face as they seek to keep their operations running and address staff concerns about the pandemic. Both companies have enhanced their sick-leave policies since the outbreak. Both companies have disclosed at least one U.S. employee testing positive for Covid-19. For Walmart, it was a store worker in Kentucky. Amazon said a worker at a delivery station in Queens, N.Y., had tested positive as have several warehouse staff in Europe. Write to Sarah Nassauer at sarah.nassauer@wsj.com https://www.wsj.com/articles/walmart-to-pay-550-million-in-staff-bonuses-hire-150-000-temporary-workers-11584664622 3/4 3/20/2020 Walmart to Pay $550 Million in Staff Bonuses, Hire 150,000 Temporary Workers - WSJ Copyright © 2020 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. https://www.wsj.com/articles/walmart-to-pay-550-million-in-staff-bonuses-hire-150-000-temporary-workers-11584664622 4/4
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Surname 1
Student’s Name
Professor’s Name
Course
Date
Wallmart to Pay $550 Million in Bonuses
The Coronavirus pandemic has caused a lot of economic disruption not only to
individuals but to organizations and nations globally. In the United States, many people have
been rendered jobless while others have been subjected to heavy pay cuts as organizations try to
cope with the hard economic times caused by the pandemic. Due to this, Wallmart has decided to
pay hefty bonuses of more than half a billion dollars to its staffers and also hire more than
150,000 individuals. The paper will therefore evaluate this good plan by Wallmart against the
consequentialism rule of business. The paper will also expound on the right thing to do according
to this ethical evaluation and provide the objection to this rule.
Case Description
The case study that I will evaluate is the decision by Wallmart to pay its workers more
than five hundred and fifty million as bonuses. This proposal creates a controversy as far as the
ethics of business is concerned. The company seeks to provide bonuses of more than half a
billion to its hourly employees as a solution to the shopping surge caused by the coronavirus
pandemic. Moreover, the company plans to increase the bonuses of its full-time hourly workers
by paying them $300. For its part-time workers, Wallmart plans to increase their pay by $150.
All Wallmart’s workers whether part-time, full-time or temporally will get a pay increase during
this time of the pandemic. All Wallmart employees will also receive a wage increase of two

Surname 2
dollars to their minimum age. Therefore, the minimum wage for Wallmart employees will be
raised by $2 an hour.
Wallmart seeks to make a $300 million investment to cover all the hefty wage increase to
its employees during these trying times caused by the Coronavirus pandemic. Department
managers have also not been left behind as far as pay rise is concerned. For Wallmart’s managers
whose pay ranges from $250 - $1500, the company plans to increase their pay by providing hefty
bonuses. With regards to its pregnant and older employees, Wallmart is focused on offering this
vulnerable group paid leaves of more than thirty days.
Wallmart also plans to employ more than one hundred and fifty temporary workers to
work on their stores and online delivery services. According to the management of the global
retailer, the company aims at providing working opportunities to the millions of individuals who
have been rendered jobless due to the coronavirus pandemic. Wallmart already employs more
than one million five hundred thousand people in the United States alone. According to the
retailer’s management, the move is aimed at improving their services which are on huge demand.
The Coronavirus pandemic has facilitated the move by individuals to stock up on essential
household and food products. As a result, the demand for these goods is extremely high thus the
current employees cannot handle the increased demands and traffic flows in their stores.
In addition to increasing the wages of all its full-time and part-time employees, Wallmart
plans on setting up temporary testing sites for the Covid-19 disease. According to Wallmart’s
president, Dan Bartlett, the company will set aside all of their parking spaces for the construction
of temporary structures that will be used to test for the disease. Wallmart joins the growing list of
retailers who are offering their grounds and parking spaces for the construction of temporary
testing sites. According to Barlett, the initial testing sites will be used to serve medical personnel

Surname 3
and first responders. The company is also planning on setting up numerous testing sites across all
their retail shops in the United States. However, lack of supply and limited medical kits is
slowing down the proses of installing all these testing sites in all their shops’ parking grounds.
Despite all these good intentions by the company to help people during this time of the Corona
virus pandemic, the retailer is consequently minimizing the stocks and deliveries of its goods to
its shops outside the United States.
Ethical Evaluation by Consequentialism Rule
Despite all the right plans and activities that Wallmart plans to do to both their employees
and the general public, there arises the issue of whether their agenda is in line with the ethical
issues of business. The ethical evaluation of Wallmart’s plan can be achieved by inducing the
consequentialism rule to dete...


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