Walmart repeats cash bonuses for associates
May 12 2020 - 12:08PM
Business Wire
Today’s bonus announcement is in addition to the nearly $550
million in associate bonuses so far this year
Walmart announced plans to provide another special cash bonus
for all U.S. hourly associates to recognize them for their many
contributions to communities across the country during this
unprecedented time. This includes hourly associates in stores,
clubs, supply chain and offices, drivers, and assistant managers in
stores and clubs. The bonus will be $300 for full-time hourly
associates and $150 for part-time hourly and temporary associates,
and will add up to more than $390 million. Associates must be
employed by the company as of June 5 to qualify, and it will pay
out on June 25.
“Walmart and Sam’s Club associates continue to do remarkable
work, and it’s important we reward and appreciate them,” said John
Furner, President and CEO of Walmart U.S. “All across the country,
they’re providing Americans with the food, medicine, and supplies
they need, while going above and beyond the normal scope of their
jobs -- diligently sanitizing their facilities, making customers
and members feel safe and welcome, and handling difficult
situations with professionalism and grace.”
With today’s associate bonus announcement of $390 million,
Walmart has committed more than $935 million in bonuses for
associates so far this year:
- First special cash bonus, added up to $365 million: This
bonus was issued for all U.S. hourly associates in stores, clubs,
supply chain and offices on April 2. This bonus was also $300 for
full-time hourly associates and $150 for part-time hourly
associates.
- Early payout of Q1 bonus, added up to $180 million: Recognizing
the hard work ahead of Walmart associates as COVID-19 spreads and
to help provide more cash in hand for them sooner, the company
accelerated the payout for the associate quarterly incentive to
April 30.
“We are so grateful to our associates for being there for
customers and members during this difficult time, serving
communities across the country,” said Kathryn McLay, President and
CEO of Sam’s Club. “Our associates’ efforts have been exactly what
the country needed during this historic and uncertain time. They’ve
made a real difference.”
Walmart will continue to look for ways to reward and recognize
its associates, while staying focused on their overall wellbeing
and safety. The company has implemented daily health screens and
temperature checks, provided masks and gloves, and offered
emotional wellbeing options such as virtual counseling. Walmart has
also installed sneeze guards, limited the number of customers in
stores, installed social distancing signage and instituted
sanitizing protocols.
To learn more about what Walmart is doing for its associates,
visit: https://corporate.walmart.com/here-for-you
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version on businesswire.com: https://www.businesswire.com/news/home/20200512005720/en/
Media Contact: Jami Lamontagne - 800-331-0085
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