BENTONVILLE, Ark.–(BUSINESS WIRE)–As part of Walmart’s continued focus on improving and enhancing the
store experience for customers, the company recently awarded more than
$200 million in second quarter cash bonuses to more than 900,000 hourly
associates across the United States.
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 and customer
service goals. Eligible associates can earn these bonuses four times a
“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,” said 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,” said 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.”
Walmart’s Investment in our Associates
In 2015, Walmart announced a two-year, $2.7 billion investment in our
associates. The commitment includes investments in education,
training and higher wages. As a result, more than 1.2 million
Walmart U.S. and Sam’s Club associates received pay increases on the
same day earlier this year. The second quarter bonuses are not part of
the $2.7 billion.
Associate training is a key component of Walmart’s associate
investment strategy. This year Walmart announced plans to open 200 Academies
across the U.S. designed to teach advanced retail skills to department
managers and hourly supervisors. More than 140,000 associates are
expected to go through the training program each year.
Walmart is investing in training at all levels of its stores. In
February the company rolled out its Pathways training program
for all entry-level workers, providing training, education and
opportunities for associates, offering them a clearer career path from
entry level positions to jobs with more responsibility and higher pay.
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save
money and live better – anytime and anywhere – in retail stores, online,
and through their mobile devices. Each week, we serve nearly 260 million
customers who visit our 11,504 stores under 65 banners in 28 countries
and e-commerce websites in 11 countries. With fiscal year 2015 revenue
of $486 billion, Walmart employs more than 2 million associates
worldwide. Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting http://corporate.walmart.com
on Facebook at http://facebook.com/walmart
and on Twitter at http://twitter.com/walmart.
Online merchandise sales are available at http://www.walmart.com
Wal-Mart Stores, Inc.
Kory Lundberg, 800-331-0085