this post was submitted on 27 May 2025
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So if on average each employee works 37.5 hours a week (likely more but im just picking a common number of hours worked) at 8.32 an hour it would cost 61.568 dollars to pay all 7400 employees for an hours work and 2,308,800 to pay them for a weeks work 52 weeks in a year is 120,057,600 of that profit to pay all of their employees 8.32 an hour....
They made 1,230,000,000 in profit.
Minus 120,057,600 is
1,109,942,400
Meaning the profit they made could cover 9x the salary of 7400 employees with 29,424,000 in change to pay their greedy CEO.
NOTE: numbers need peer review. I do not math.
One thing that isn't on the math side: profit is the money left over after payroll (and all other expenses).
Dollar Tree has about 200,000 employees. Paying each of them $8 an hour for 20 hours a week, 52 weeks a year is ~$1.6 billion. This is just napkin math, taking a guess at where an average hourly employee would be working, hours-wise. Assuming the profit is going straight into company coffers, they could afford to significantly increase pay or hours overall, but the money doesn't stretch as far as our intuition might think. The problem really might not be Dollar Tree specifically, but the system of economy that led to its creation, and the creation of other massive corporations that rest on the back of underpaid workers.
Their only real options as the system stands (not that it wouldn't be moving in the right direction) are to pay less people more money, or increase hours. Their margin is thinner than it looks. Far better to throw the system out than pretend that the $10 million CEO check is anything but a drop in the bucket compared to the crushing reality of shareholder-driven profit margins. Fuck capitalism.
For what it is worth, Dollar Tree only has about 66,000 full-time employees. 134,000 are part time workers, so two thirds, who are not required to be given medical benefits--but are given access to pay premiums for enrollment in the company insurance plan.
You forgot payroll taxes