(ROGERS) Bernie Sanders lambasted Walmart’s board including its CEO for paying its workers what he describes as “starvation wages” and introduced a shareholder proposal that calls for hourly associates to have a seat on the company’s board.
Sanders spoke in a three minute address, in which the Vermont Senator and 2020 Democratic presidential contender called for Walmart to pay at least $15 per hour for its hourly workers during the business part of the company’s annual shareholders’ meeting held in Rogers.
The board also faced a shareholder proposal to strengthen its sexual harassment procedures. With Walmart’s founder’s descendants owning about 50 percent of its voting stock, the proposals don’t have any chance of passing.
It’s just one of the latest pressure tactics put on companies such as Walmart and other corporations, looking, to improve working conditions for the blue collar workforce.