This week, more than 915,000 Walmart U.S. associates across the country received a share of more than $200 million in cash bonuses based on their stores’ Q2 performance. The bonuses were included in associates’ September 6 paycheck.
Walmart associates earn quarterly bonuses as part of an overall incentive plan designed to reward associates whose stores achieve sales and customer service goals. In total, hourly associates in Arizona earned more than $5.92 million in Q2 bonuses. These bonuses come on the heels of the best performance for Walmart U.S. in more than 10 years– with comp sales growth (excluding fuel) of 4.5%– along with an increase in customer traffic of more than two percent.
“At Walmart, we believe in rewarding associates for the outstanding work they are doing day in and day out,” said Paula Ginnett, a Walmart vice president and regional general manager for Arizona. “That’s why we are proud to award nearly $6 million in quarterly cash bonuses to hourly associates in Arizona for everything they do to help meet their respective store’s performance and customer service goals.”
The recent strong sales and traffic figures build on the positive momentum of the U.S. business, which has enabled a positive local impact across Arizona through associate bonuses, wage increases and innovation and improvement to stores, among other investments.
In January, Walmart announced plans to increase the starting wage for all hourly associates in the U.S. to at least $11, expand maternity and parental leave benefits, and provide a one-time cash bonus for eligible associates of up to $1,000. Walmart also recently announced a commitment to train and develop one million associates over the next five years and introduced a new education benefit for associates, which includes free college credit for on-the-job training and options for associates to earn a college degree without incurring student loan debt.
About Walmart in Arizona
Walmart 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, over 260 million customers and members visit our more than 11,600 stores under nearly 60 banners in 28 countries and eCommerce websites. In Arizona we serve customers at 127 retail units and online through [Walmart Grocery Pickup,] Walmart.com and Jet.com. We are proud to employ 34,253 associates in Arizona. Walmart supports local businesses, spending $1.4 billion with Arizona suppliers in FY18, which supported 29,584 supplier jobs. Learn more at the Walmart Today blog, and our Facebook, Twitter, Pinterest, Instagram channels.
