Wal-Mart CEO receives $22 million bonus

Lower prices, wage improved.

As for the CEO, it's outrages. No one needs that much money. Remembe: Let them eat cake.

These bonuses are an OBSCENITY. Shareholders must demand that CEOs' rewards be directly tied to percentage of positive profit gain over previous year.

These multi-million dollar gifts are nothing more than board-approved legalized corporate theft.

I have owned WMT for 20 years. I have been selling when it hits 49. I will be out of it 100% at 48. I have had enough....now a $22 million bonus for Mr. Scott. Bye.

Lee Scott and other Walmart top execs. keep getting richer and the associates pay the price by being expected to do more all the time with less; like salary caps, no incentive raises, less help to do the same job and next being expected to buy only dress code accepted clothes to work in.

Wow,
As a Wal-Mart associate my wages got capped! No wonder Wal-Mart sales are lackluster. Associates just don't care anymore! We have lost the basic core values that built this company. It's a real shame.

Is Anyone Really Suprised?

How much, would he had received, if he had done something? Stock down 30% in five years, Puts and Short Selling are the words for today.

I purchased WalMart stock for my Grandchildren`s future and it hasn`t done a thing. I bet Mr. Scott isn`t hurting with a $20,000,000 bonus. How about showing some movement in the stock, your stores always seem packed when I visit.

Wow... 22 million, Im a long term associate with walmart . This truly sickens me. What is the rewards for the people that actually make walmart sucessful, the front line people. When the highest you can get on a evaluation is 60 cents .. No chance to get a merit increase .. This is discouraging. Most walmart associates Know that there 401k is based some what on the stock , and the stock has been pretty much stayed dormant for years , in fact i have loss money in the past 3 to 4 years .. It truly pisses me off to know that this guy is getting a bonus that big , when our company keeps heading in a downward spiral. I wish they would give the associates a say in the decisions that they make..

This is Unbelievable !! I took all my 401K money and invested it in a company that does this while my considerable amount of Walmart stock is dwindling ? The boards raises should be determined by the increase in Walmarts stock price. That way ALL employees & stockholders benefit ! I am very upset about hearing this and plan to make some major changes now !

I am a very long time stock holder. Since Scott took over there has been nothing but bad news for the shareholders. The stock has gone backwoods. The law Suites keep mounting. Instead of giving him a bonus he should get the boot. The revenue targets were exceeded. Did inflation have anything to do with this. Shareholders go to the annual meeting and protest. Vote against the directors.

This is a crying shame that Lee Scott csn be given this much of a bonus, when the associates are given very little. The stock keeps going down, it makes my retirement smaller and smaller, while Scott
gets more and more. They wonder why the associates are unhappy. They rob the poor and give to the rich who don't need it.

22 MILLION? And my profit will be about 2% on my investment this year.....I don't think I am too "thmart" holding this stock...Been with Walmart 8 years....I guess the bank will pay me more interest. "Obscene" is a good word for it: Paying the CEO, Lee Scott 22 million BONUS...not counting several more million for a salary!
I felt I would wait it out till Walmart would start to make their stock holders happy....I am moving on to another stock...or heck...probably could make as much at the local casino! ZIP!

My wife makes 10.95 an hour as an associate and Mr Scott makes $10.000 an hour seems about right to me, base on a 40 hour work week $400,000 a week that equals 20,000,000 a year. Maybe he can find the cure for cancer next year or clean up Walter Reed hospital because any body makes that kind of money must be awfully special.

I am just as upset as the other people about this bonus. As I've said before about the Walton family maybe Lee also plans on carrying his extra millions with him in a u-haul trailer when he dies? He could at least give away some of his money to charity and let it appear on national TV then I might feel a little better. If there is such a thing this might also get a star in Lee's crown on judgement day. Billy Martin- sh since '81

Wow,
The buzz about Scott's bonus at the store today has a lot of associates upset, including management.
A lot of associates were on the wire dumping their Wal-Mart stock out of thier 401k and profit sharing accounts. We lost 11 stock purchasers this morning who changed their payroll deduction to "0" and their is more associates coming. I checked this morning and I remember when we had 59% of our store were stock purchasers each pay period, today we have a miserable 19% and dropping. How can the company continue to carry on this way? It's scarey as well as frustration after being with this company for so long and now we are watching in fall.
I remembered when everyone cared! Wow, I have tears.

Amazing, hourly associates have been taking cuts in the scheduled hours and told they can't have overtime. We have been shorthanded and lacking the help needed for proper customer service. I think 22 million would certainly help the need for more associates. What a disappointment WalMart is turning out to be.

I work for Wal-Mart for 17 years.I was able to bail out 7 months ago.Trust me when I say it is a horrible place to work.But the ball started down hill when Lee Scott took over as CEO.They are slowly taking everything away from the hourly associates.People don't understand what Wal-Mart is really like until you work for them.

Whine all you want about having to sell company stock after it has done nothing in 5 years.
I sold what I had the very first day that we were allowed to at $59 plus per share, several years ago. Since then my mutual funds have made a killing. It has done so good, that I now help over 130 associates from Utah and Oregon to Georgia to Pennsylvania. Check out my website at
www.the401ksupercenter.com and learn how to start making instead of losing............