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Walmart to spend $428 million on new round of worker bonuses, retailer will close on Thanksgiving

TiffinOhio.net Staff

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Walmart today announced it will pay out another special cash bonus to store, club, distribution center and fulfillment center associates for their ongoing contributions and dedication to serving customers, members and communities during this unprecedented time.

The bonus will be $300 for full-time hourly associates and $150 for part-time hourly and temporary associates. Drivers, managers, and assistant managers will also receive a bonus. It will add up to approximately $428 million.

U.S. associates (excluding salaried office associates) employed by the company as of July 31 will qualify, and it will pay out on Aug. 20. This is the third special bonus Walmart has given to associates in 2020, totaling $1.1 billion in bonuses so far this year, in addition to the regular incentive it provides to frontline associates on a quarterly basis.

Today Walmart also announced that it has made the decision to close Walmart stores on Thanksgiving Day, Nov. 26, this year. Sam’s Club locations will also be closed again this year on this day.

“We know this has been a trying year, and our associates have stepped up. We hope they will enjoy a special Thanksgiving Day at home with their loved ones,” said John Furner, President and CEO of Walmart U.S. “We are certainly thankful to our people for all of their efforts.”

Walmart stores and Sam’s Club locations will operate normal hours on Wednesday, Nov. 25. Information for store and club hours on Friday, Nov. 27, will be shared at a later date.

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