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Walmart Adds Another $390 Million to Cash Bonuses for Associates

Walmart Adds Another $390 Million to Cash Bonuses for Associates


BENTONVILLE, AR
Friday, May 15th, 2020

Walmart joins many grocery retailers in the effort to continue supporting employees throughout this pandemic. Last week, the grocery giant announced it is building on its former $550 million investment in employee bonuses with another $390 million.

John Furner, President and Chief Executive Officer, Walmart U.S.“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.”

The additional funds provided from this round of bonuses will aid the company's employees in navigating such an unprecedented time. The bonuses will amount to $300 for full-time hourly associates and $150 for part-time hourly and temporary associates.

After already pledging nearly $550 million in bonuses for its hourly associates, Walmart is investing another $390 million

This latest investment on Walmart's part only further proves its standing as a grocery leader as it continues to find ways to recognize and invest in the essential workers critical during this time.

Kathryn McLay, President and Chief Executive Officer, Sam's Club“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.”

In total, Walmart has committed more than $935 million in bonuses for associates so far this year, a press release noted.

As more retailers do their part, Deli Market News will keep the industry apprised of the latest.

Walmart
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