Page 18 - Assistant Managers News Today

Wage and more than the average rate for all hourly retail sales people in america. >> our management team, our assistant managers start around 55,000 a year. our store managers average about $170,000 a year. so its a good opportunity. >> reporter: the math clearly works for more than 300,000 walmart employees. who have been with the company for more than ten years. but not for tiffany barroyd and others on the lower end of the walmart pay scale. >> why dont you just go work for someone else? >> ...

Retailer is essentially exploiting the hunger for jobs. walmart, however, has pushed back hard. the president and ceo bill simon. >> our pay is in the top half of what retail offers. what our industry offers. >> reporter: walmart u.s. cites a litany. they have 1.3 million employees with more than half full time. the average pay is $12.83 an hour. more than $5 above minimum wage and more than the average rate for all hourly salespeople in america. >> our management team, our assistant managers st...

Publicly. >> obviously a lot of controversy about walmart wages. do you think that walmart pays people enough to live on? >> our pay is in the top half of what retail offers, what our industry offers. wer proud of the opportunity that we provide people. our company gives people the chance to start and work their way through the organization. our folks can very quickly move from an entry level position into a more supervisory hourly role into a department manager role and into an assistant manage...

Two masked gunmen rush through the front doors and seize one of the assistant managers. >> one of the managers ran across an aisle holding a piece of shelving and headed directly to the stock room. this frightened me and i suddenly realized that something was wrong. seconds later i saw another manager with a gunman in the pharmacy area. the gunman saw me. and i saw him. >> hovan moves back to call 911 but the gunman hurtles over the counter. hovan draws the handgun he legally carries in a concea...

26 years. so thats a huge jump. that comes after several weeks of mortgage rate increases. were seeing this because investors are selling out of their bond positions off federal reserve comments they are going to start winding down their -- >> the fed is saying hold on a second. we may not be doing that much. >> what does that mean for potential home buyers? it means the cost of borrowing is getting more expensive. that increase, youre talking about an extra $46 per month for every $100,000 you ...

>> all right, christine romans here. well keep the streak going there. the money way of wall street. >> two wins on wall street. today could be number three. strong finish yesterday and starbucks barista must share tips with shift supervisors. but a new york court has ruled that baristas dont have to share tips with the assistant managers who already get benefits. one of cokes bottlers looking to make soft drinks part of peoples morning ritual like coffee, tea, smoothie. no, a coke. a quarter ...

But with shift supervisors and also with assistant managers. and some of those employees are fed up. and theyre saying, hey, these are managers, you know, theyre making the big bucks. were just the ordinary employees, hourly employees, those tips should be for us. so theyve got a lawyer now. and theyre suing. and new yorks highest court is having a look at the situation. so thats what its about. >> sure. why do managers think they should get a cut of the tips anyway? i am confused by that becaus...

>> they have no money, they have no habit of work. so what if they became assistant managers and their job was to mop the floor and clean the bathroom and you paid them? >> ive got another idea. maybe avoid talking about child labor. want to give it another shot? >> if the naacp invites me, ill talk about why the african-american community should demand paychecks and not be satisfied with food stamps. >> that probably wont make a greater impression either. now, look, im all for gop outreach but ...

Hovan is at work when two masked gunmen rush through the doors and seize one of the assistant managers. >> one of the managers ran across an aisle, holding a piece of shelving, and headed directly for the stock room. this frightened me and i suddenly realized that something was wrong. seconds later i saw another manager with a gunman in the pharmacy area. the gunman saw me. and i saw him. >> hovan moves back to call 911 but the gunman hurtles over the counter. hovan draws the handgun he legally ...

York. only one month before this brutal attack michigan pharmacist jeremy hovan is caught on cameras coming face-to-face with an armed robber. he makes a decision that may save his life, but will hurt his career. hell later use the security camera footage to try to win public support for his fight against a new adversary, his former employer. its about 4:30 a.m. on may 8th, 2011. security cameras capture the empty aisles at the benton harbor walgreens. hovan is at work when two masked gunmen rus...