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CHARLESTON, W.Va. (WSAZ) – Walmart introduced Friday its U.S.-based associates will obtain a further $700 million in cash bonuses.

This brings its whole 2020 quarterly and particular cash bonuses for its U.S.-based associates to greater than $2.eight billion.

Roughly 1.5 million full- and part-time Walmart and Sam’s Membership associates working within the firm’s shops, golf equipment, distribution facilities and success facilities will obtain the particular cash bonus on Dec. 24. Will probably be Walmart’s fourth particular cash bonus paid to U.S. associates because the begin of the pandemic.

“As we come to a close on this historic year, I’m filled with gratitude for how our associates have led through one of the most trying periods for our company and country,” mentioned John Furner, President and CEO – Walmart U.S. in a press launch. “Our associates have stepped up to serve our customers, communities and each other when it was truly needed most, and we’re pleased to recognize their efforts with a quarterly bonus for strong store performance and a fourth special cash bonus.”

All U.S.-based hourly associates are eligible for the newest particular cash bonus. The bonus quantities shall be just like the earlier three particular cash bonuses Walmart has offered its associates throughout the pandemic; part-time and non permanent hourly associates will obtain $150 and full-time hourly associates will obtain $300. Drivers, Managers and Assistant Managers may even obtain a particular cash bonus.

Copyright 2020 WSAZ. All rights reserved.

Yuuma Nakamura

Yuuma Nakamura

Yuuma Nakamura is a staff writer covering crypto, blockchain, finance and other technology for FintechZoom. Contact: yuuma.nakamura@fintechzoom.com

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