CNN reports that an internal memo sent to the Board of low-price juggernaut Wal-Mart revealed the company's strategy for combating rising benefit costs. Recommendations include hiring more part-time workers, cutting the company's 401K contribution, and increasing the cost of spouse insurance coverage.
Another suggestion for keeping health costs low is to discourage fitness-challenged people from applying by manipulating all job descriptions to "include some physical activity (e.g., all cashiers do some cart-gathering)."
The memo goes on to recommend new policies to ensure compliance. Beginning in January 2006:
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