NEW ORLEANS — Recently, more than 915,000 Walmart U.S. hourly associates received a share of more than $200 million in cash bonuses based on their stores’ Q2 performance. The bonuses were included in associate’s Sept. 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, associates across Louisiana earned $3.84 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 percent, along with an increase in customer traffic of more than two percent.
“Our associates’ dedication to their job and community is why customers always come back to Walmart,” said Jim Winchester, Walmart regional manager. “They are constantly working to improve the retail experience for customers and their hard work is why Walmart continues to be the top retailer in the nation.”
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 Louisiana 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.
