Bonuses are a portion of nearly $207 million earned nationwide in Q4 store performance-based cash bonuses
COLUMBUS, OH, March 7, 2019 – 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 Ohio, associates will be awarded approximately $5.8 million for fourth quarter performance.
“We’re working in a new world of retail where change happens quickly, and we are proud how Walmart associates are leading the industry in utilizing new innovations to ensure our customers have the best shopping experience possible,” said Dann Moore Walmart Regional General Manager for northwest, central and southern Ohio. “The company’s recent performance is a direct result of our associates’ efforts to service our customers and communities and these bonuses recognize the great work they do every day.”
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 Ohio, associates shared more than $22 million in store performance-based bonuses for the full fiscal year.
“Every day our Walmart associates come to work with one single goal in mind and that is to serve our customers,” said Georgesville Road Walmart Store Manager Christopher Wood. “We work in a highly competitive industry where the customers are now looking for ways to save time as well as their money. I’m proud how our associates are able to adapt to those changes by utilizing new innovations and training to be the difference maker for our business and our customers.”
About Walmart in Ohio
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online and through their mobile devices. In Ohio we serve customers at 171 retail units and online through Walmart Online Grocery, Walmart h and our family of brands. We are proud to employ 51,358 associates in Ohio. Walmart supports local businesses, spending $16.3 billion with Ohio suppliers in FYE 2018 and supporting 133,682 Ohio supplier jobs. Walmart continues to be a leader in employment opportunity, sustainability, and corporate philanthropy. In FY 2018, Walmart and the Walmart Foundation contributed more than $51.3 million in cash and in-kind donations to local nonprofits in Ohio and our Ohio associates volunteered more than 24,000 hours with local causes. Additional information about Walmart can be found by visiting our corporate website.