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CHARLESTON, W.Va. (WSAZ) – Walmart announced Friday that its U.S.-based associates will receive an additional $ 700 million in cash bonuses.
That brings his total quarterly and special cash bonuses for 2020 for his US-based associates to more than $ 2.8 billion.
About 1.5 million full-time and part-time Walmart and Sam’s Club associates working in the company’s stores, clubs, distribution centers and distribution centers will receive the special cash bonus on December 24 . This will be Walmart’s fourth special cash bonus paid to U.S. associates. since the start of the pandemic.
“As we come to the end of this historic year, I am filled with gratitude for how our associates have gone through one of the most trying times for our company and our country,” said John Furner, President and CEO from Walmart US management in a press release. “Our associates have stepped up to serve our customers, communities and each other when it was truly needed, and we are pleased to recognize their efforts with a quarterly bonus for strong in-store performance and a special fourth bonus cash.
All hourly associates based in the US are eligible for the latest special cash bonus. The bonus amounts will be similar to the three special cash bonuses that Walmart provided to its associates during the pandemic; Part-time and temporary hourly associates will receive $ 150 and full-time hourly associates will receive $ 300. Drivers, managers and assistant managers will also receive a special cash bonus.
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