Which Companies Are Still Performing Despite the Recession?
December 10, 2008
Are you looking for a job, but think can’t find one because there just aren’t any opportunities out there? Think again. There are a few companies that are still growing and thriving despite, or maybe due to, the economic downturn. AdminSecret did the research for you and compiled a list of 15 workplaces that aren’t laying people off, and that might hold a valuable opportunity for you.
Wal-Mart stores, Wal-Mart.com, Sam’s Club, Sam’sClub.com
Wal-Mart employs more than 2 million associates worldwide, including more than 1.4 million in the United States. Wal-Mart is not only one of the largest private employers in the U.S., but the largest in Mexico and one of the largest in Canada as well.
Corporate Offices: Bentonville, Arkansas
Other Major Office Branches: More than 4,100 facilities in the United States. Walmart.com’s office are located in Brisbane, CA
How They’ve Handled the Recession: Wal-Mart is a company meant to thrive during a time when people’s wallets are thin. Plus, their brand is well recognized as a store that offers low prices and deep discounts. This brand-recognition brings cash-strapped people flocking to buy from stores all over the country. Additionally, Wal-Mart sites conservative financial and operational practices, such as tight inventory control as contributing to their current success. According to USA Today, "During an analysts’ meeting in October, CEO Lee Scott said that Wal-Mart is doing “extraordinarily well,” and that founder Sam Walton built the company to thrive during downturns…At the analysts’ meeting, even cautious Wal-Mart executives couldn’t resist a little crowing. “How many companies,” said Chief Financial Officer Tom Schoewe, “could stand before you today and say that their balance sheet is stronger today than it was a year ago?”
Working at Wal-mart: The average, full-time hourly wage for Wal-Mart stores is $10.83 and is even higher in urban areas. The average full-time hourly wage is $11.62 in Atlanta, $12.57 in Boston, $11.52 in Chicago, $11.26 in Dallas, $11.49 in San Francisco and $11.48 in New York City. (All metro figures based on MSA). Additionally, associates receive performance-based bonuses.
Find Job Openings on Their Website: