In this file:
· Walmart hiring 150,000 new workers and giving bonuses to current staff
· Walmart to give cash bonuses to hourly associates, hire 150,000 additional workers
Walmart hiring 150,000 new workers and giving bonuses to current staff
4 bonus payments scheduled before end of May
Stacy Shanks, ClickOrlando.com (FL)
March 20, 2020
Due to the coronavirus outbreak, retail employees have been working long hours to keep stores stocked and functioning as consumers stock on food, cleaning products, and more.
Walmart announced Thursday it will provide its hourly associates with a special cash bonus for their dedicated effort during this time, a press release said.
Full-time hourly employees will get $300 and part-time hourly associates will receive $150, equaling more than $365 million across its U.S. stores, clubs, supply chain and offices.
Hourly employees will receive bonus payments on March 19, Apr. 2, Apr. 30 and May 20, with bonuses possibly increasing but never going lower than the first payment, the company stated.
“Walmart associates have gone above and beyond the call of duty in serving our customers during these unprecedented times,” said Doug McMillon, president and CEO of Walmart. “We want to reward our associates for their hard work and recognize them for the work that is in front of us.”
On top of the bonuses, Walmart announced it’s hiring another 150,000 full-time and part-time workers to help meet the needs of its customers, the press release said...
Walmart to give cash bonuses to hourly associates, hire 150,000 additional workers
Nexstar Media Wire
via KFOR (OK) - Mar 20, 2020
MOBILE, Ala. (WKRG) — Walmart announced Thursday that it will be giving cash bonuses to hourly workers and will hire an additional 150,000 people.
In a press release, the retail giant said the bonus will be $300 for full-time hourly workers and $150 for part-time hourly workers. Workers employed as of March 1 will qualify and receive the bonus on April 2.
Walmart will also be hiring 150,000 additional employees through the end of May in its stores, clubs, distribution centers and fulfillment centers. Walmart says the positions will be temporary at first, but many will convert to permanent roles over time.
Read the full press release below:
BENTONVILLE, Ark., March 19, 2020 — Walmart today announced plans to provide a special cash bonus for hourly associates for their hard work and dedication to serving customers in a time of an unprecedented national health crisis. The bonus is for all U.S. hourly associates in stores, clubs, supply chain and offices. The bonus will be $300 for full-time hourly associates and $150 for part-time hourly associates and will add up to more than $365 million. Every hourly associate employed by the company as of March 1 will qualify, and it will pay out on April 2.
In addition to that special bonus for hourly associates, the company will accelerate the next scheduled quarterly bonus for store, club and supply chain associates a month early. When it pays out in late April, it will help provide more cash in hand for associates sooner. The company will pay those bonuses as if the company achieved its first quarter plan. At the regularly scheduled time for bonus payout in May, that amount may increase for associates based on performance. In no case will an eligible associate receive less than the first quarter plan bonus payment. The early payout will add up to $180 million.
Overall, it amounts to nearly $550 million going into associates’ pockets and the economy at this important time. Hourly Q4 bonuses were paid this week, meaning hourly associates will receive bonus payments on March 19, April 2, April 30 and May 28.
“Walmart associates have gone above and beyond the call of duty in serving our customers during these unprecedented times,” said Doug McMillon, President and CEO, Walmart. “We want to reward our associates for their hard work and recognize them for the work that is in front of us.”
Additional Hiring ...