Bonuses are a portion of nearly $207 million earned nationwide in Q4 store performance-based cash bonuses
Texas Border Business
Rio Grande Valley, TX – Today, more than 912,000 Walmart U.S. associates will receive a share of nearly $207 million in cash bonuses, as the company experienced a strong 4.2 percent fourth quarter comp sales growth. Associates are receiving their bonuses in paychecks received March 7. In Texas, associates will be awarded approximately $24 million for fourth quarter performance.
“Our associates are among our greatest assets at Walmart. We are grateful for the work they do every day to give our Texas customers a great shopping experience,” said Walmart Regional General Manager Uli Correa. “When our associates succeed, the company succeeds. We are proud to reward our associates’ commitment to making sure Walmart makes every day easier for busy families.”
Quarterly bonuses are part of an overall incentive plan designed to reward associates whose stores achieve sales and customer service goals. Both full- and part-time associates are eligible for cash bonuses based on store performance.
For the full fiscal year, Walmart U.S. associates received nearly $800 million in store performance-based bonuses. In Texas associates shared more than $94 million in store performance-based bonuses for the full fiscal year.
