“Walmart workers are sick and tired of being paid poverty wages, while the Walton family is worth over $170 billion,” Sanders said in a tweet on Tuesday. “I’m honored to have been invited by Walmart workers to demand they have a seat on the company’s board.”
Bernie Sanders will attend the Walmart shareholder meeting this June to fight for the representation of the company’s hourly workers.
Walmart’s CEO, Doug McMillon, makes nearly $24 million a year, which is 1,076 times more than the average employee who earns just $22,000 each year. The twelve members of Walmart’s board have all been chief executives and chairmen of major companies. Sanders, a democratic socialist, introduced legislation late last year to require Walmart to pay its workers higher wages and provide them with benefits. The Stop Walmart Act would ban large companies from purchasing back their own stock unless they pay all workers $15 an hour, give out seven days of sick leave annually and cap executive pay at 150 times the median employee wage.
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