Walmart CEO on offering education assistance to employees
Walmart CEO Doug McMillon on its shareholder meeting and jobs in America.
Independent Vermont Sen. Bernie Sanders will attend the annual Walmart Opens a New Window. shareholders Opens a New Window. meeting on Wednesday, where he is expected to press the company to raise wages for its hourly workers.
Sanders is expected to put forth a proposal to raise the company’s $11 minimum wage. He is also expected to propose allowing hourly workers to have representation on the company’s board of directors.
“If Costco, Amazon, Disney and other major corporations can pay their workers a minimum wage of $15 an hour there is no reason why Walmart, the largest employer in the country, cannot do the same,” Sanders’ campaign said in a statement on Tuesday.
Other items that shareholders are expected to vote on include sexual harassment policies and executive pay. Sanders has often criticized leaders of the largest retail corporations for earning millions, while their workers make less than what he considers a “living wage.”
In fact, in a tweet fired off about the Walmart meeting on Tuesday, the 2020 presidential candidate directly referred to the Walton family’s “greed” as he promoted higher wages. He previously listed out the family’s expensive purchases – including an antique car collection worth $226 million – while alleging some of Walmart’s workers are on public assistance programs.