Walmart “rolls back” healthcare benefits for employees

Instead of prices, Walmart is rolling back healthcare coverage for part-time workers and raising premiums for full-time staff.

A few years ago, after being rightly criticized because many of its workers could not afford or did not qualify for healthcare coverage, Walmart expanded coverage to include all employees – including part-time employees – and their families.

However, this week Walmart told its employees that all future part-time employees who work less than 24 hours a week on average will no longer qualify for any of the company’s health insurance plans. Also, any new employees who average 24 hours to 33 hours a week will no longer be able to include a spouse as part of their healthcare plan, although children can still be covered.  Walmart will also increase premiums for some plans by more than 40 percent.

While it’s not surprising to us that Walmart went back on its word and slashed employee benefits the reality is that any non-union employer can do the same. Only when workers form a union and have the power of a collective bargaining agreement is an employer required to negotiate changes to wages, hours, and working conditions. The drastic steps made by Walmart management show again how important it is for workers to have a voice on the job and a seat at the table to ensure they can influence decisions that dramatically affect their lives.

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This entry was posted on Friday, October 21st, 2011 at 2:23 pm and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

14 Responses to “Walmart “rolls back” healthcare benefits for employees”

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  3. It sounds like a prudent business decision from a company that has made multiple millionaires out of many employees who invested in the company and provides a good investment for 401Ks, IRAs, and 503b investors.

    Go WALMART!! If someone on this site doesn’t like the decision WM made, simply buy stock in the company and change it. If all of the Union members in the US invested $1000 in WM stock, they collectively could have some pull by voting in large blocks for the CEOs and board that served their agenda.

    Put up or …. you know. How much is a potential union member’s living wage worth to you? Time to make a change if you have the you know whats.

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