COLUMBUS — Recently, more than 915,000 Walmart U.S. hourly 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’ Sept. 6 paychecks.
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 Ohio earned more than $6.31 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 2 percent.
“We’re working in a new world of retail where change happens quickly, and we are proud how Walmart associates are leading the industry in utilizing new innovations to ensure our customers have the best shopping experience possible,” said Dann Moore, Walmart regional general manager for Northwest, Central and Southern Ohio. “The company’s recent performance is a direct result of our associates’ efforts to service our customers and communities and these bonuses recognize the great work they do every day.”
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 Ohio 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 1 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.