Skip to main content

- Advertisement -

Walmart launches associate bonuses

Walmart is offering a new bonus for eligible full- and part-time hourly store associates up to $1,000 a year. The company is also launching an associate to technician pipeline program and expanding Walmart-paid education options.

"This new associate bonus rewards great work and customer service and it celebrates long-term associates who build a career at Walmart," said Lo Stomski, senior vice president, chief talent officer.

Over the past five years, the company increased hourly wages by around 30 percent, bringing its U.S. average hourly wage to close to $18. It also invested in centers of excellence for health care, family building and adoption benefits, and other resources for mind and body. "At the same time, we’ve expanded our global academies to provide more opportunities to more people, and we continue to invest in associates’ long-term financial health through our 401(k) and associate stock purchase programs, both with a company match," said Stomski.

"For Walmart to be the best place to shop, we also need it to be the best place to work," said John Furner, president and CEO. "That idea is the North Star of our journey to build a better company for our associates. Whether we’re investing in compensation, learning and development, well-being, or resources for a simpler day at work, our commitment to associates is strong, and our goal is simple: helping them live better at every stage of their careers.

With the country facing a shortage of skilled trade workers, Walmart said it aims to create pathways for associates to fill these critical jobs in our stores and supply chain facilities. It's piloting a new Associate to Technician program with 100 associates in the Dallas-Fort Worth area that will help hourly store and supply chain associates move into facilities maintenance, refrigeration and HVAC, reliability and automation technician roles.

These jobs make between $19 and $45 an hour and offer opportunities to build a meaningful career while meeting a business need for the company. This program is part of its Walmart Academy, one of the largest training ecosystems in the country.

The company said its associates have also been asking for Walmart-paid education options that take less time to complete, so it now offers more than 50 skills certificates, which associates can finish in four months, on average, compared to years for a college degree.

"Our goal is to fast-track front-line associates into approximately 100,000 jobs that are higher-paying and in-demand for our business over the next three years," said Furner. "Certificates are targeted to those jobs, including salaried and hourly leadership roles in our stores, clubs and supply chain facilities — the backbone of our company — as well as roles like pharmacy technicians, opticians and software engineers in growing parts of our business."

The company said these investments are all part of its people-led, tech-powered commitment to Walmart associates. "We believe in them and their potential," said Furner. "We know that when they’re given the right tools, opportunities for growth and investments in their personal well-being, they can accomplish more than they imagined personally and professionally."

Tagged in:

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -

- Advertisement -