2008-2009 Significant Developments
- Diversity Goals In the U.S., the compensation of officers and select managers is linked to individual diversity goals. Failure to meet them means a potential 15 percent bonus reduction. This year, 100 percent of our officers and 99 percent of more than 50,000 members of management achieved their diversity goal objectives.
- Supplier Diversity Since the program's inception, Wal-Mart's overall supplier diversity spending has grown from $2 million in 1994 to more than $6 billion spent with minority- and women-owned suppliers today.
- Employer of an Inclusive Workforce As the nation's largest private employer, Wal-Mart's workforce in the U.S. is comprised of more than 257,000 African-American associates; more than 41,000 Asian-American and 5,900 Pacific-Islander associates; more than 171,000 Hispanic associates; more than 16,000 American Indian and Alaska Native associates; more than 869,000 women; and more than 430,000 associates who are 50 and older.
- Diversity in Every Market In Central America, for example, 42 percent of our associates are women, as are 37.5 percent of our managers. In Mexico, 53 percent of associates are women, including 14 percent of our vice presidents and 36 percent of the Board of Directors. Wal-Mart Argentina has had a diversity program in place since 1995 aimed at maintaining equity in the recruitment, hiring and development of people with special needs.