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[–] 1 point 2 years ago (6 children)

I have no clue. I guess you can look at the profit margin for a supermarket (Walmart is around 2%, I just checked), then figure out the average full food shop spend, and finally see what the average hourly wage is for a worker and how long it would take to ring up a full shop.

Although, this also highlights why they can’t give OP 25% off as their margin isn’t anywhere near this figure. I guess we should also factor in handouts that companies like Walmart get from the government to subsidise their staff etc.

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  • [–] 11 points 2 years ago (2 children)

    Apparently they spend about 7.67% of their operating budget on labor. Just in case anyone was wondering. Source.

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  • [–] 4 points 2 years ago (2 children)

    From reading a few reports, after looking this up, it seems walmart spend about 7% of it's revenue on hiring, and about 32% on payroll. The other costs towards labor seem to vary greatly from source to source, depending on exactly what they take into consideration as a labor expense. So it is somewhere between 39% and 60% of the revenue.

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  • [–] 1 point 2 years ago (1 child)

    So that other person was probably being super condescending for no reason? That's kind of the impression I got when they said they had no idea the actual number.

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