More than 20K Ark. Walmart employees receive share of $157 million bonus

BENTONVILLE, Ark. (March 13, 2017) – On Monday, Walmart announced that more than 850,000 Walmart associates in the U.S., including more than 8,800 in Little Rock, and more than 20,000 in Arkansas, received a share of more than $157 million in cash bonuses based on their stores’ performance in the fourth quarter.

The bonuses, along with an annual pay raise, were included in their March 9 paycheck.

Walmart associates can earn a bonus every quarter based on the performance of their store. In Little Rock, associates will share more than $1.2 million in Q4 bonuses. Associates across the state will share more than $3.1 million in bonuses.

The bonuses come on the heels of Walmart U.S. recording its strongest comp sales performance of the year in the fourth quarter at 1.8 percent. Customer service and inventory management have also improved. For the full fiscal year, U.S. associates shared more than $700 million in bonuses.

“We’re proud to be leaders in the new world of retail. No other retailer offers as wide a range of jobs, training opportunities, room for advancement, benefits and the opportunity for financial advancement as Walmart,” said Little Rock store manager Gene Bennett. “We have invested in wages and training to create a system that can help our associates go as far as they want to.”

Over the past two years, Walmart has invested billions of dollars in training, education and higher wages. These investments offer associates skills, knowledge and tools to help them grow with the company and provide great customer service during a time of rapid change in shopping habits. During 2016, Walmart launched new training programs for entry-level associates, frontline supervisors, department managers and assistant managers, creating clearer career paths and preparing them to succeed in a new, technology-enabled age of retail.

© 2017 KTHV-TV


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