Walmart’s second cash bonus for hourly employees since the start of the coronavirus pandemic will be paid out on June 25. The first bonus was paid out on April 2 for a total payment of $365 million.
Plans to pay the second bonus of $300 to full-time employees and $150 to part-time and temporary employees will result in a total payout of more than $390 million.
Hourly workers employed as of June 5 in Walmart stores, clubs, supply chain centers, and offices will qualify. The company has hired more than 200,000 workers since announcing its first cash bonus. They also previously raised minimum wages for entry-level workers in its e-commerce warehouses by $2 per hour. Those pay bumps are set to expire May 25.
“Walmart and Sam’s Club associates continue to do remarkable work, and it’s important we reward and appreciate them,” said John Furner, president and CEO of Walmart US.