Paper or Plastic? Walmart to Pay Associates With Debit Cards For Sustainability
source: http://www.reuters.com/article/pressRelease/idUS141720+03-Sep-2009+PRN20090903
-
-
- jmsrmy
- added this
Walmart, MasterCard Worldwide and First Data today announced a new, more sustainable payroll
program designed to reduce the number of paper paychecks and pay stubs distributed each year to Walmart and Sam's Club associates in the U.S.
(Reuters, 2009, September 3, par.1)
In order to benefit both associates and the environment, the electronic pay program will include the deployment of the Money Network(TM) MasterCard Paycard(R) and electronic pay stubs, which will cut down on paper consumption and provide associates easier access to their wages.
(Reuters, 2009, September 3, par.1)
"Electronic payroll is the right choice for our associates, our company and the environment," said Tom Schoewe, executive vice-president and CFO, Wal-Mart Stores, Inc. "It provides our associates with fast, convenient and safe access to their pay. The program's ability to reduce paper usage is right in line with Walmart's commitment to eliminate waste wherever we can."
(Reuters, 2009, September 3, par.2)
[more details at the link...]
[IMAGE: credit card forum, the blog]
program designed to reduce the number of paper paychecks and pay stubs distributed each year to Walmart and Sam's Club associates in the U.S.
(Reuters, 2009, September 3, par.1)
In order to benefit both associates and the environment, the electronic pay program will include the deployment of the Money Network(TM) MasterCard Paycard(R) and electronic pay stubs, which will cut down on paper consumption and provide associates easier access to their wages.
(Reuters, 2009, September 3, par.1)
"Electronic payroll is the right choice for our associates, our company and the environment," said Tom Schoewe, executive vice-president and CFO, Wal-Mart Stores, Inc. "It provides our associates with fast, convenient and safe access to their pay. The program's ability to reduce paper usage is right in line with Walmart's commitment to eliminate waste wherever we can."
(Reuters, 2009, September 3, par.2)
[more details at the link...]
[IMAGE: credit card forum, the blog]
-
- groups:
- Green, The Future, Green Business, The Retail Sector
-
- tags:
- Sustainability, Wal-Mart
-
-
jmsrmy
-
Walmart's plan for ATM-style access for associate pay is beneficial to the employee by way of easier attainment of funds. However, the push for sustainability should be towards direct deposit, rather than trading paper for plastic. Employees will need to be diligent in holding onto their personal cards.
- 2 years ago
-
jmsrmy
-
-
mbk220
-
jmsrmy:
I was thinking a similar thing. Is Walmart profiting from associating itself with MasterCard and just saying it is a sustainable way to proceed. It would make a lot more sense just to do direct deposits into accounts.
- 2 years ago
-
mbk220
