Poor employee motivation and compensation at Walmart Stores Inc Research Paper

Poor employee motivation and compensation at Walmart Stores Inc - Research Paper Example Formerly Wal-Mart Stores Incorporation, the multinational was rebranded Walmart Stores, Incorporation since 2008. The organization is an American multinational corporation in the retail industry, owning and managing thousands of large discount department outlets in form of stores and warehouses. Currently, the corporation occupies the third position globally in the private sector. Walmart is also the biggest private organization employing more than two million workers across the world. The organization occupies the first position within the retail industry in the world. The organization is owned by Walton family, who control 48 percent of the shares. Additionally, Walmart is apparently one of the most profitable corporations in the world. Barely a decade after being founded by Sam Walton in 1962, Walmart was incorporated in late 1969 and later traded publicly at the New York Stock Exchange. With its headquarters situated in Bentonville, Arkansas, the multinational is also the biggest retailer of grocery in America. Three years ago, the corporation generated more than half of its income from grocery sales in the United States market. The Corporation also owns and manages the Sam's Club warehouses situated in North America; the store falls within Walmart’s retail business. Walmart boasts more than 8,500 outlets in 15 countries.These branches are, however, existing under different names. The organization operates under the popular Walmart name in the native United States and Canadian market, and also in Latin American states. such as Puerto Rico, Brazil, and Argentina (Agren, Ogier, & Bamrud, 2011). The organization serves Mexicans under Walmex name, Britons as