Walmart hourly associates in Alabama earn more than $4.8 million in cash bonuses
September 21 2016 - 08:00AM
Business Wire
As part of Walmart’s continued focus on improving and enhancing
the store experience for associates and customers, the company
recently awarded more than $4.8 million in second quarter cash
bonuses to 24,200 hourly associates in Alabama. 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 year.
“Our Associates in Alabama strive every day to make sure each
and every customer feels good about their experience in our
stores,” said John Tow, Walmart’s Regional General Manager for
Alabama. “I’m very proud of our team-- they worked hard to achieve
their stores’ performance metrics for the second quarter and
deserve this reward. They are making a difference for our company
one sale at a time.”
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.
About Walmart
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 and http://www.samsclub.com.
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