The CEO of Walmart U.S. said: 'Walmart and Sam's Club associates continue to do remarkable work, and it's important we reward and appreciate them.'
Walmart is giving its employees another round of bonuses, totaling more than $390 million. Full-time employees will receive $300 and part-time hourly workers will receive $150. Employees who work in stores, clubs, supply chain and offices, drivers, and assistant managers in stores and clubs, will be included in the bonus scheme.John Furner, President and CEO of Walmart U.S.
Kathryn McLay, President and CEO of Sam's Club said in a statement:"We are so grateful to our associates for being there for customers and members during this difficult time, serving communities across the country. Our associates' efforts have been exactly what the country needed during this historic and uncertain time. They've made a real difference."
A Walmart employee sanitising the checkout area. The grocery store chain has announced it will pay out more than $390 million in bonuses.This is the third bonus Walmart and Sam's Club's employees have received this year. On April 2, Walmart paid more than $365 million to all U.S. hourly associates in stores, clubs, supply chain and offices, with bonuses of $300 for full-time hourly associates and $150 for part-time hourly associates.
Then, Walmart accelerated the payout for the associate quarterly incentive program to April 30, playing out $180 million. This means that so far in 2020, Walmart has committed to paying out $935 million in bonuses. According to Walmart, the company has more than 2.2 million associates around the world and around 75 percent of its store management teams started as hourly associates. Last year, Walmart promoted more than 215,000 of its employees to jobs with greater responsibility and higher pay.
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