More than 21,000 Louisiana Walmart associates get share of $157 million bonus
More than 850,000 Walmart associates in the U.S., including 21,294 in Louisiana, 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.
Associates can earn a bonus every quarter based on the performance of their store. Associates throughout Louisiana will share more than $3 million in Q4 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 Clint Sampson, store manager of Walmart #2665 in Slidell. “We have invested in wages and training to create a system that can help our associates go as far as they want to go.”
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.
In 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.