VDC - Walmart Sweetens The Deal For Hourly Employees with Annual Bonuses And Skill Upgrades: Details | Benzinga
Walmart Inc. (NYSE:WMT) has announced it will provide bonuses to eligible hourly U.S. store workers, with a potential of up to $1,000 a year.
Both part-time and full-time associates will qualify for the annual bonus program, which stemmed from employee feedback, according to John Furner, CEO of Walmart U.S.
The store workers include those at its pharmacy and Vision Center outlets. The retailer’s move aims to enhance wages for approximately 700,000 front-line employees, reported Reuters.
Furner emphasized the significance of maintaining competitive base wages, ahead of the company’s annual shareholder meeting.
Employees must have a year of tenure to be eligible, and bonuses will be based on store performance metrics.
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