Walmart Risk Management

Options for dealings with risk Walmarts hiring practices could improve the situation by managing the hiring practices at the managers level. Even though the company has a no discrimination policy, giving full responsibility to the manager at the local level may promote prejudices that the managers themselves are not aware of . These prejudices might include providing higher salaries to masculine workers and a tendency to promote men over women. In the wake of the recent developments, Walmart has initiated several go to win back the support of the women.Women comprise 70% of Walmarts work force at the stem level. Yet, women only comprise 33% of Walmarts management. There is no doubt that Walmart has to put policies in push through that encourage and promote female employees. We propose the following options for dealing with the issue 1. The statistics presented at the court consultation have shown that women were paid 80% of wages that men were paid for doing the same job. The difference of pay 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 reinstate 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 tale level. The customers who shop most at Walmart are also women. The company cannot but take seriously the convocation that comprises its largest consumer group.In the wake of the recent developments, Walmart has realized that a company is only as good as its final good deed. Walmart has used . In a New York TImes article dated September 14, 2011, Walmart inform that it planned to spend $ 20 billion over the next five years trying to witness materials from women owned businesses. The article made headlines under the name Walmart to Announce women friendly plan s as the company confront the possibility of being sued by independent plaintiffs after the class action law suit had been dismissed.