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Wal-Mart says it will create 22,000 jobs in 2009

AS Wal-Mart Stores Inc. opens about 150 new or expanded stores in the US in 2009, the company expects to hire about 22,000 people for new positions.

Those positions include plenty of cashiers and stock clerks, but the world's largest retailer will also be adding store managers, pharmacists and personnel workers.

Wal-Mart is holding its annual shareholders meeting tomorrow, and employees from its stores around the world are spending the week in Bentonville at company headquarters.

Wal-Mart, still the target of criticism from union-backed groups for its pay and benefits, has improved its health insurance coverage and opened it to full- and part-time employees. The company says 94 percent of its employees have health coverage, either through Wal-Mart or another family member.

"At Wal-Mart, we offer competitive pay and benefits and real opportunities for our associates to advance and build careers," Wal-Mart Vice Chairman Eduardo Castro-Wright said. "Job creation is just one way in which we're working hard every day to help people across this country live better."

Other employee benefits include a retirement plan, stock purchases and discounts for workers making in-store purchases.

The company has touted its generic drugs program in which Wal-Mart is selling US$4 prescriptions for many popular medicines. Competitors, such as Kroger Co., have matched the price for some prescriptions.

"During this difficult economic time, we're proud to be able to create quality jobs for thousands of Americans this year," Castro-Wright said.

Earlier this year, the company shared more than US$2 billion with its workers through bonuses, profit sharing and payments into the company retirement plan.

Wal-Mart has more than 2.1 million employees in the US and abroad. The company had sales last fiscal year of US$401 billion.



 

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