Last week, Walmart awarded more than USD $200 million in second quarter cash bonuses to more than 900,000 of its hourly associates across the United States. This comes as part of Walmart’s continued focus on improving and enhancing the store experience for customers.
The bonuses, which were based on stores’ performances from May through July of this year, are part of an overall incentive plan designed to reward associates whose stores have met their performance goals. Eligible associates can earn these bonuses four times a year.
“Whether it’s buying something for their kids, treating themselves or saving for something great, bonus time at Walmart is always a special time for our associates,” says Mike Moore, executive vice-president of Supercenters for Walmart U.S.
“Our people have always been the most important part of our business and they continue to do amazing things for our customers,” adds Julie Murphy, executive vice-president of Neighborhood Markets for Walmart U.S. “Sam Walton built this business on the idea of sharing profits with our associates and treating them as partners.”
In addition to these bonuses, Walmart has announced plans to open 200 academies across the U.S. designed to teach advanced retail skills to its department managers and hourly supervisors. More than 140,000 associates are expected to go through the training program each year.
