Walmart Risk Management

Options for dealing with risk Walmarts hiring practices could improve the situation by managing the hiring practices at the managers level. still though the telephoner has a no discrimination policy, giving beat responsibility to the manager at the local level may publicise prejudices that the managers themselves be not aware of . These prejudices might include providing higher salaries to young-begetting(prenominal) workers and a tendency to promote men over women. In the incite of the recent developments, Walmart has initiated several steps to win back the support of the women.Women appoint 70% of Walmarts work force at the floor level. Yet, women lone(prenominal) comprise 33% of Walmarts management. There is no doubt that Walmart has to edit policies in place that encourage and promote female employees. We propose the followers options for dealing with the issue 1. The statistics presented at the court hearing have shown that women were paid 80% of wages that men were paid for doing the very(prenominal) job. The difference of generate has to be leveled immediately.Walmart can make no excuses for paying differently for the same job. If the manager at the local level is responsible for hiring and compensation, policies should strictly furbish up the need for equal pay. 2. Walmart need a woman CEO or atleast 50% women on the board of directors and 50% women in the management. Walmart is a company that is comprised mostly of women at the floor level. The customers who shop most at Walmart are also women. The company cannot but take seriously the group that comprises its largest consumer group.In the rout out of the recent developments, Walmart has realized that a company is only as easily as its last good deed. Walmart has used . In a raw York TImes article dated September 14, 2011, Walmart announced that it planned to take place $ 20 billion over the next five years seek to source materials from women owned businesses. The article made headl ines under the name Walmart to proclaim women friendly plans as the company faced the possibility of being sued by independent plaintiffs after the class action law suit had been dismissed.