All three companies pay the majority of their employees poverty-level wages.
Apple, Walmart and McDonald’s are among the largest corporate employers and profit-makers in the U.S., with a total of 2.6 million employees worldwide (1.6 million in the U.S.) and combined 2012 pre-tax profits of more than $88 billion.
All three companies pay the majority of their employees low wages: poverty-level wages. This is borne out by SEC data and the companies’ own press releases. The only question is who gets away with the most profits while their employees are forced to tap into public money — our tax money — for food stamps, healthcare and other assistance.
Walmart: Underpaying the Most People
Walmart employs about 2.1 million workers, two-thirds of them in the United States. Its 2012 revenue is three times that of Apple, and about 15 times that of McDonald’s. The company claims its average full-time wage is…
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