Major dollar store chains — Dollar General, Dollar Tree and Family Dollar — have grown their bottom line by offering customers rock-bottom prices that rival Walmart’s, a business model that requires shaving costs wherever possible.
In interviews and court documents, former and current store managers claim major dollar store companies classify them as managers merely to evade overtime obligations — and to pay them less money, economicpopulist.org reports. Those manager/employees, in turn, have accused the companies of illegally shorting them on pay and forcing them to work off the clock due to payroll constraints.
But even as the discount retailers short change workers, their CEO take home huge pay packets.
For example, the CEO of Dollar General, Mr. Dreiling, had a retention pay package that was worth $22.5 million in 2012. And a competitor, Family Dollar, CEO Leon Levin came to just $5.2 million in that same year. He didn’t receive a retention bonus, but he did get $3.16 million worth of stock options and so-called performance share rights.
Read more on how American workers are getting screwed HERE.
