Walmart announces 4th round of cash bonuses for employees

Northwest Arkansas News

BENTONVILLE, Ark. (KNWA/KFTA) — Walmart announced on Thursday more than $700 million in additional cash bonuses to be paid to its U.S-based employees.

The retailer’s latest announcement — its fourth round of bonuses since the onset of the pandemic — includes $319 in quarterly bonuses paid in November 25 paychecks and an estimated $388 million in special cash bonuses to be paid on December 24.

Walmart says it’s a “recognition of associates’ sustained commitment to customers during the pandemic.”

Approximately 1.5 million full and part-time Walmart and Sam’s Club employees will receive the special cash bonus on Christmas Eve, including all U.S.-based hourly associates.

Part-time and temporary hourly employees will receive $150, and full-time hourly employees will get $300. According to the company, more than 60% of Walmart’s hourly associates are full-time.

Drivers, coaches and assistant managers will also receive the special cash bonus.

“Our associates have stepped up to serve our customers, communities and each other when it was truly needed most, and we’re pleased to recognize their efforts with a quarterly bonus for strong store performance and a fourth special cash bonus,” said John Furner, president and CEO – Walmart U.S.

The company is also extending its COVID-19 emergency leave policy, which provides employees with up to two weeks of pay if they need to remain home for a COVID-related reason, including quarantines, symptoms, or illness, through July 5, 2021.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Video


More Don't Miss

Trending Stories

get the app

News App

Weather App

Mega Millions & Powerball Numbers