FAYETTEVILLE, Ark (KNWA) -- On Thursday morning, Walmart announced that associates in Arkansas will receive approximately $13.9 million in cash bonuses.
More than 890,000 Walmart U.S. associates are receiving a share of more than $560 million in total cash bonuses, including:
·More than $160 million in cash bonuses based on their stores’ Q4 performance, and
·More than $400 million in one-time cash bonuses tied to recent changes in tax law.
·In Arkansas, Walmart associates are receiving approximately $13.9 million in combined bonuses.
The bonuses, along with an annual pay raise for the hourly field associates, are included in their March 8 paycheck, according to a news release from Mayci Blankenship, Mitchell account supervisor.
Between Q4 performance bonuses, tenure-based bonuses, pay increases and recent paid time off (PTO) cash outs, more than $1 billion flowed to U.S. hourly associates during the months of February and March from Blankenship, the news release states.
“We are committed to helping our associates succeed, and want to honor them for their hard work and how well they serve our customers every day,” said Amy Corso, vice president and regional general manager. “Our founder, Sam Walton, said it best - it is our people who make the difference.”
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