Walmart associates across Indiana receive $4.92 million in cash bonuses
INDIANAPOLIS -- 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 Indiana earned more than $4.92 million in Q2 bonuses.
The 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.
“We want to thank our Hoosier associates for their top-notch performance,” Indiana Regional General Manager Rodney Walker said. “Their continued focus on local customers makes the shopping experience easier and faster. Those results mean increased trips and increased sales allowing us to continue to reward our hardworking associates.”
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 Indiana 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 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.