WAIT, WALMART HIRED RANDOMLY…?

I love the lede on this piece from down under. Kalyan Kumar, writing for International Business Times in Walmart changes labour model: shifts focus to retaining highly productive employees with more investment tells readers:
American retail giant Walmart is changing its labour model by ditching its tested model of hiring randomly. It is now trying to move into a more investment-oriented model where new recruits will be given more training, paid more and offered rewards to ensure high productivity. Analysts say, Walmart is actually emulating the Costco model and is moving out of its traditional models. But the focus is the same – getting high productivity without excessive cost. The economists who have studied the retail sector point to "low-road” and “high-road” employers in the sector. In the first group, the emphasis is on keeping labour costs down, while the other group invests more in workers and reaps big benefits from enhanced productivity. By seeking the new transformation, cost-conscious Walmart is aiming to take the high road.
That is, of course, assuming that there is any high-road to take. Jeff Hess: Have Coffee Will Write.

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