Walmart recently awarded more than $200 million in second-quarter cash bonuses to more than 900,000 hourly associates across the United States.
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.
The company explained that this incentive program goes back to Sam Walton who built the business on the idea of sharing profits with associates and treating them as partners.
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.