Walmart Invests $428 Million More in Associates With Another Special Bonus; Totaling $1.1 Billion in Special Bonuses so Far T...
July 21 2020 - 10:15AM
Business Wire
Company also to close Walmart U.S. stores on
Thanksgiving Day this year
Walmart today announced it will pay out another special cash
bonus to store, club, distribution center and fulfillment center
associates for their ongoing contributions and dedication to
serving customers, members and communities during this
unprecedented time. The bonus will be $300 for full-time hourly
associates and $150 for part-time hourly and temporary associates.
Drivers, Managers and Assistant Managers in stores, clubs, DCs, FCs
and Health & Wellness will also receive a bonus. It will add up
to approximately $428 million.
“Our associates have been working at an incredible pace, they’ve
solved problems, and they’ve set an amazing example for others,”
said John Furner, President and CEO of Walmart U.S. “To further
appreciate their incredible work, we are pleased to share another
special cash bonus this summer.”
U.S. associates (excluding salaried office associates) employed
by the company as of July 31 will qualify, and it will pay out on
Aug. 20. This is the third special bonus Walmart has given to
associates in 2020, totaling $1.1 billion in bonuses so far this
year, in addition to the regular incentive it provides to frontline
associates on a quarterly basis.
“Since the beginning of this pandemic, I’ve been so proud to see
how our associates have pulled together to take care of each other
and our members,” said Kathryn McLay, President and CEO, of Sam’s
Club. “These are extraordinary times, and our associates have
lifted each other up in extraordinary ways, and we are so
grateful.”
Today Walmart also announced that it has made the decision to
close Walmart stores on Thanksgiving Day, Nov. 26, this year. Our
Sam’s Club locations will also be closed again this year on this
day.
“We know this has been a trying year, and our associates have
stepped up. We hope they will enjoy a special Thanksgiving Day at
home with their loved ones,” said Furner. “We are certainly
thankful to our people for all of their efforts.”
Walmart stores and Sam’s Club locations will operate normal
hours on Wednesday, Nov. 25. Information for store and club hours
on Friday, Nov. 27, will be shared at a later date.
About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save
money and live better - anytime and anywhere - in retail stores,
online, and through their mobile devices. Each week, over 275
million customers and members visit our more than 11,300 stores
under 58 banners in 27 countries and eCommerce websites. With
fiscal year 2019 revenue of $514.4 billion, Walmart employs over
2.2 million associates worldwide. Walmart continues to be a leader
in sustainability, corporate philanthropy and employment
opportunity. Additional information about Walmart can be found by
visiting http://corporate.walmart.com, on Facebook at
http://facebook.com/walmart and on Twitter at
http://twitter.com/walmart.
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Media Contact: Jami LaMontagne - 800-331-0085
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