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Aldi Employment - FAQ

Would companies raising wages while not raising prices for those products result in a booming economy with far greater prosperity in the economy as a whole?
It is impossible to respond with an economy wide response to this question. However. One fact from recent economic history deserves mention.Many large firms are awash in cash. They received a further infusion of money by virtue of the recent Trump tax cuts. The claim was that at least some of the corpoate tax breaks would be passed on to workers as wage increases. That would have been a classic outcome conforming to trickle down principles. Of course, as usual, that never happened.With union coverage having collapsed from one-third of the labor force to about 7 percent, all the incentives are for profits to go to management and shareholders, not labor. Managers are rewarded for increasing stock prices which depend on lowering labor costs and. In our recent history, using tax windfalls to buy back outstanding equity shares. Management is not rewarded for improving the lot of workers.Raising wages would help the economy. Inflationary pressures have been low for a long time. We need more consumer demand. But firms, particularly management, have little incentive to do that. Thus. Government must act to raise the minimum wage.
What should I do? At the age of 25, I am completely broke with no money and no job. How should I start (mechanical engineer with 1 year of experience)?
Subsistence, because without that, there’s no other questions, right? This might be in the form of unemployment insurance, living with parents, work outside of your profession or whatever. Locally ALDI pays almost what entry level CAD work does. Work for the census is interesting, and there’s probably prep work in progress for 2022 if you look.Then other doors are open from there, you may make some new ones too. During the big suck of 2022 to arguably, the present, I was out of work for a bit more than a year, applied for about 100–150 jobs, and had maybe 5–10 interviews. I studied for and took the FE exam. Full time work for the census, digging ditches and as an apprentice at the sheet metal workers' local would have been a big net loss over unemployment insurance once I had to pay for day care, CAD work was better when it came up at the same time, and I was thirsty for it too, I had maybe a month left of UI.As a professional, you’re taught that you're special, but employers see and treat you as commodity labor with free overtime. Whenever it comes up, I wonder what it would have been like to work with an organization that used collective power to negotiate work rates and conditions in the workplace.
Why in the US people compare their pay per year and not per month?
A lot of this is social convention that may not have a single identifiable source, some of it will be hourly employee union contracts, some of it will be state laws. At any rate, MOST of the world outside a few areas like North America or Western Europe experienced very high inflation.My director is a Brazilian woman. We are both employment rules/laws/customs nerds. We just went to In-N-Out and talked like two hours about what it was like to be an HR director for Latin America (and all the crazy customs across that wide area). One of the things she mentions that is VERY common in Africa and Latin America is that inflation had historically been so high that nobody quite gave a shit about what the annual salary was because none of the future numbers would make sense or be relevant, so everybody wanted to know what their monthly pay was and the increase calculator for each week of that month. (Other countries have other pressures and do their thing for so many reasons that it becomes challenging to identify —outside of laws or major union rules• how employment behaviors came about.)Most pay in the US is calculated two ways:Non-Exempt Employees • For laborers (and non-leadership specialists), they generally are paid by the hour. That doesn’t mean they’re handed an envelope of money every hour (and yes, I’ve had to answer that specific question as a recruiter literally hundreds of times • with the “envelope of money” specifically coming up more times than I care to count). We simply calculate your pay by hour because you are paid by the hour if you’re a laborer. Typically, in the US, paychecks come every other Thursday or Friday (by which I mean: your money is deposited in your bank account; most companies don’t print checks any longer and if you do not have a bank account, they’ll open one for you, send you a debit card and then deposit your money in there). A couple of organizations still pay weekly but they’re fading. This is because, in the US, there are a set of labor laws that protect those non-leadership roles in which a laborer must physically perform a task. (Farm workers, assembly line workers, custodial, construction, mining, livery, loaders, drivers, service staff.) They are protected by very tight constraints on what they can be asked to perform and for how many hours per week. Anything in excess of 40 hours falls into 1.5 times their base wage territory and not a lot of companies offer that[1].Exempt Employees • For leadership roles or highly skilled trades that have a disproportionate effect on the organization (the power to activate or shut down critical systems like enterprise infrastructure, power grids, etc.), physicians, accountants or lawyers, they are exempt from most labor laws but protected by guidelines on how they are paid and what kind of tasks they can be asked to do. They are paid based on the year and that amount is broken up into the pay periods with no possibility of overtime (OT).As recompense for sacrificing OT, they cannot be asked to perform “menial” tasks or those performed by hourly workers within their organization more than a very slim minority of their shift. So (lookin• at you ALDI USA[2] • who lost a massive lawsuit), you cannot hire ALL managers of your store and make them stock shelves all day. Salaried managers cannot be required to ring register or stock shelves more than a short period of time otherwise they can sue for overtime and a wage to reflect that work. When I was a manager at Kohl’s, we were embroiled in a lawsuit in which a local district manager lost the company millions of dollars by badgering managers to perform labor intensive tasks.Of course, American laws are more complex than that and we haven’t even delved into state laws which add a whole additional layer of complexity to the structure of W2 (full time) employees.Footnotes[1] Wage and Hour Division (WHD)[2] Aldi Owes Store Managers Unpaid Overtime Wages, Collective Action Claims
When did you realize that you couldn’t afford your lifestyle choices anymore?
For me, it was when I spent an entire paycheck on bills, and I still didn’t have enough for groceries and my energy bill. My only means of getting the extra funds was to take a hardship loan from my 401k. I knew it was bad beforehand, but realizing taking from my 401k was my only option, I actually broke down in tears. As someone with a father who hit rock-bottom finance-wise and was able to pull himself out, I was ashamed that I didn’t take any of his advice until I was out of options.First, I made a list of every single debt I owed(outside of student loans) from lowest to highest. That’s when I realized my total debt was equal to my annual salary. VERY embarrassing. Then I started looking at the debts that have end-date….meaning once it’s paid, that debt is over. This is what I have been working on during the past 6 months, paying down those smaller debts that are bound by a contract.Next I started looking at my spending habits on clothing and food. I have adopted a capsule wardrobe with only Black-and-White clothing. I sold a lot of items at Plato’s Closet and I use that money for gas. The rest of the clothing that either didn’t fit or I just didn’t wear went to Goodwill. Now the food part was more painful• no more Harris Teeter or Whole Foods for a while. Yes the natural and organic foods are healthier but they are also more expense. Aldi has become my new favorite place, and it’s very close to my apartment. Maybe after I establish my emergency fund, I’ll go to Whole Foods once a month.Speaking of emergency funds, my goal is to reach $1,000 by April 30th. I only have 300 to go! I plan on using this fund for any surprise auto repairs or any medical things my dog would need.Now onto this car….the car itself is fine! Great car actually….it’s this auto loan that is the bane of my existence. I do not think I will ever get another auto loan again. Once my emergency fund is established, and I pay off two more bills, I will not only be paying my car two weeks early, but I will be adding an extra $150 to each payment so that more goes to the principal and less on interestI ended a lot of subscriptions as well. Got rid of Crunchy Roll, Crackle, LinkedIn, and Sirius XM radio. I also took advantage of any student rates I could find….now I have Spotify Premium and Showtime for only 6 bucks a month as long as I am in school. I have a lower rate for Hulu based on my college student status as well. This is versus the 10 bucks I would have paid per subscription.The items I struggle with are my credit cards. I have had all three for almost 10 years; I know if I pay them off and close them, my credit age will be harmed. I am just not a fan of credit cards anymore.It is still a work in progress for me, but I feel a lot better when I do my updated debt inventory and I see how much I’ve paid off since the previous month.
Do salaried employees get paid prevailing wage rates?
In the US there’s a salary basement. IIRC, it hovers around $25,000 per year though is rarely below $45,000 per year. There are all kinds of restrictions and regulations on what a company can call “salaried” (or “exempt”). I’m not going to get into them. Companies can and do lose lawsuits over who they label “exempt” and “salaried” because of the kind of work they force them to do. In the end, if a company calls you “exempt” or “salaried”, they have to pra rigorous job description and cannot have the employee perform hourly wage (“non exempt”) work for more than a small fraction of their time on the property.Fair Labor Standards Act (FLSA) Coverage (Exempt vs. Non-Exempt -- The Online Wages, Hours and Overtime Pay ResourceAldi Settles OT Suit With Store Managers For $9.8M
What do you usually spend in your local currency on a bottle of wine for everyday consumption? If not in the UK, what is the sterling exchange rate for your currency?
I look to buy (for example) a £10 bottle of wine for £8 or less. So only drinkable stuff, nothing cheap and nasty, and only when it’s reduced by a couple of quid. At any one time there are always ‘wine deals• running at most UK supermarkets, usually at all of them.I’ve particularly favoured the Co-op in recent months. A few weeks ago they were offering an acceptably gluggable Lindeman’s shiraz cabernet for £5.50; which is as low as I go, so I typically spend between £5.50 and £10.00 per bottle. Usually six or seven quid. If I’ve tried a particular wine before I’ll buy 6 bottles of that single wine if the price is right, as you often get an extra reduction for buying 6 or more.My best buy of recent months has also become my most recent alcoholic tragedy. Sainsburys were selling Noilly Prat at half-price, £6 instead of £12. I hadn’t tried it for twenty years or more, so I bought just one bottle. I soon got through that, returned to my usual cheaper dry vermouth, and realised my error; I should have bought every bottle they had in stock. Cheaper vermouth not only tastes worse, the after-effects are too, and the intoxication seems less pleasant; more of a vacant feeling, rather than pleasant inebriation.Best buy of recent days: My local Sainsbury’s is selling off Rum Chata at £12 per 70cl bottle, which is 25% off their pre-Christmas price. This isn’t advertised online, so it might be worth popping into your local store.Aldi have started doing an Aperol knock-off, btw, called Aperini. At half the Aperol price, corners have been cut, it’s slightly more ‘cough medicine• than the genuine article, but usable with a bit of experimentation. No one complained about the cocktails I fed them over Christmas, anyway.PS Never pay £15 for a bottle of Aperol, you’ll find it for £12 or less if you’re patient and look around.PPS There must be other high-quality vermouths available apart from Noilly Prat, but I can’t think of them at the moment.PPPS Happy New Year, everyone.PPPPS *Hic*.
Why is the average tax refund check down 16%?
Tax refunds are down this year because there was a change in guidelines of withholding, the amount held from your paychecks through the year for taxes by your employer. Thus, even if your taxes have decreased, your refund amount may be lower or you may even owe more to the IRS.Why do we get a refund? Most probably it is because we have paid more amount as taxes in the first place, and the IRS pays us back the extra money. The important thing to understand here is that we have become too dependant on our refund check. Less withholding means more monthly salary, but many are criticizing the bill as they feel they did not get the relief they were promised. Read this blog for details about the reactions and effects of the new tax code.For simplifying your tax filing process, opt for tax software hosting, the smart way to streamline your finances and file your taxes.
Is Minnesota as great as I think it is?
I have been all around this country, much of Europe when I was in the service, and I keep coming back to Minnesota.A) seasons - I love seasons. Sure, like most people, I bitch about the 100F+ days in July cause it is hot and humid, and I’ll whine a bit when winter starts cause it has gotten cold again. But seasons! Fall is my favorite time and winter is my favorite season.B) we care - we take care of our locals, we have many parks and wilderness areas (BWCA!), bike lanes are a real thing, pollution is low (never had a smog day), and we don’t even shut off power for those that can’t afford it in the winter cause that’d be dickish.C) business - we have quite a few of the top businesses in the state: UHG (#6), Best Buy (#61), 3M (#94), Target (#38), US Bancorp (#131), Supervalu (#160), and the largest privately held company in the world: Cargill. Businesses like Minnesota and we like them for it!D) people - there is a lot of passive/aggressive in Minnesota but there are also a lot of very nice people. As another poster stated.. it is kind of the state of introverts (I’m not one of them) but drop in on a local brewery and you won’t be bored sitting alone. It’s a wonderful situation.E) education - lots of choices and wonderful public school system. This would take a post on its own but a little bit of googs will tell you what you need to know.I was not born in Minnesota. My parents were from Minnesota and when my father retired from the Navy we settled here. I have called Minnesota my home soon afterwards and I’ll pass away while still living in this state.
Why does Aldi Australia make their employees calculate all change for customers in their heads?
The immediate reason is Aldi’s cash registers are lower cost models and can’t calculate change.Image Credit: Matthew Poon, WA’s first Aldi storeThe philosophical reasons are Aldi’s approach to retail.Do you think our Retail Assistants have an easy job because they sit on the registers? Think again. Our Retail Assistants are the ultimate multi-taskers. Whether they’re racing to fill shelves or scanning through customers, our Retail Assistants can do everything and anything - so a strong work ethic and a positive attitude are an absolute must. We’re looking for self-motivated people with excellent communication skills who thrive in a fast-paced, customer-focused environment.As the face of ALDI, our Retail Assistants must remain friendly and polite especially when it’s the end of your shift or really busy. You’ll be on your feet for most of the day, racing from one task to another so it pays not only to be physically fit, but to really love to push yourself. While you’re working a million miles an hour, cash handling accuracy is a must, therefore a good grasp of basic mathematics is essential. Finally, due to the nature of fluctuating shifts, our Retail Assistants also need to be flexible and available to work any five days out of the week. —ALDI Careers - Retail AssistantAldi has a basic philosophy of maintaining comparatively low staff numbers, with engaged employees, who are aware of how the business works at all levels.They prefer to promote from within and see basic math skills as essential to operation of the business.Efficiency and streamlined operation sum up everything they do. Shelves aren’t hand stocked - products come “display ready” and are pallet-jacked into place.Employees are paid well above industry rates and expected to work long and productive hours in return.Everything they do is geared to reducing prices to the consumer.I once went to another franchise’s store where the employees were stunned that I could multiply three times eighty-five cents in my head. The store was poorly stocked, unclean and the attitude of the employees, though friendly was unprofessional. The staff were also underpaid. They didn’t care about the business.Even in supermarkets, for a business to run efficiently at lower overhead, higher level employee skills and engagement, plus rewards for performance are essential.Personally, I agree 100% with Aldi’s philosophy and have required no less from my employees, co-workers and teams in any of my businesses, no matter the industry type.
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