FishWell, I don’t know how many hundreds you have in mind, but conidering the fact that for the first half hour or so of a shift, it is not an uncommon occurrence for a cashier’s float to be wiped out in a single transaction, I think starting us off with maybe $2-300 so we can have some tens and twenties in case one of our first few customers hands us a hundred for a five or ten dollar purchase (and I usually see a couple of these every day) would not be unreasonable. Having a cashier running around with a $100 bill in her hand frantically trying to get change for it is probably more of a security risk than having enough bills in the drawer to break it. Of course, then it’s the customer’s money that’s at risk, not Wal-Mart’s, so I guess that makes it OK. And if the cashier is injured in the process of being robbed, well, Wal-Mart is well known for denying workman’s comp claims, so I guess they wouldn’t be losing anything that way either.
Oh, and I firmly believe that honest employers trust their employees until they prove themselves untrustworthy. To put a hundred people at risk (not to mention the inconvenience of the customers waiting in line) because one of them might skim a twenty, to deny the entire front-end staff the right to know how much money is in their drop at the end of a shift because one dishonest person might pocket the overage, thus giving them no recourse if the cash office is in error, is a mark of a dishonest employer. Honest people tend to expect others to be honest until they have evidence to the contrary. Dishonest people tend to expect others to be dishonest even when there is no evidence of dishonesty.
A blind count, in which the cashier knows what is in the till, but doesn’t know how much is supposed to be there, would serve the purpose of making sure the employee can’t pocket overage while at the same time giving them recourse in the event that the cash office makes a mistake. Unless the cash office personnel know how to hack into the computer system (and the ones at my store aren’t that bright) and alter the transaction records, a simple comparision of the cashier’s count with the printout of the computer record would reveal if the cashier was short or if the cash office people needed to brush up on their math skills.
Also, having a larger float to start with wouldn’t really be that much of a risk as far as either employee theft or “grab and run” robberies are concerned. Employee theft can be handled by making the cashiers accountable for what is in the bag they drop at the end of the shift- a consistent pattern of shortages might mean a dishonest employee, and the risk of robbery is much greater at the end of the shift when the cashier is going to have a big ol’ honkin’ wad of hundreds, as well as twenties, tens and fives. Starting someone off with a few tens and twenties to make change with isn’t going to increase the risk of cash being made off with.
I think you’re right about some manager thinking it costs to much in labor costs to handle cash securely. Every minute we spend counting our float and walking from the place we count it to the register is a minute we’re not taking money from customers and putting it into that till. So, if we’re setting our tills up at the register while waiting for the outgoing cashier to finish up that last transaction before going to lunch, there’s a whole one hundred and twenty more seconds per cashier that is being spent collecting money rather than in a secure place setting up the till, not to mention the few pennies of wages that are being paid out in non-revenue producing labor. Multiply it by a couple hundred cashiers per day, and over time it adds up to a pretty fair chunk of change.
Probably wouldn’t seem like much compared to the million a month my store pulls down in profits, but Wal-Mart is extremely petty when it comes to the possiblity of losing a few nickels and dimes here or there. If an employee accidentally picks up some overtime over the course of a pay period by punching in a minute early here, punching out a couple of minutes late there, they make lists of people who have to be sent home early or take an extra ten or fifteen minutes of unpaid lunch break in order to avoid paying them an extra two or three dollars.
BTW, I just filled out an application at Blockbuster. Won’t make as much per hour, but I can make up the shortfall by working a few more hours per week in a much less stressful environment. I would probably hate my job a lot less if I was out on the sales floor, and have been begging for six months to be transferred, but they keep telling me “there are no openings”. Meanwhile, all departments are screaming that they’re shorthanded, customers bitch constantly that they can’t get help on the sales floor, and I’m stuck wrecking my back behind a cash register.