The Walmart associates in New Jersey will share about $3.2 million in cash bonuses, the retail giant announced Thursday, their share of more than $200 million distributed to employees based on second-quarter results.
Walmart associates earn quarterly bonuses as part of a corporate incentive plan that rewards workers whose stores reach sales and customer service goals, the company said in a news release.
“These bonuses are one way Walmart recognizes its associates and shows appreciation for the great work they do in helping our customers and communities,” Glen Spencer, regional general manager, said in a prepared statement. “Walmart is successfully navigating the rapidly changing retail landscape and, in large part, that’s due to our associates.”
The nationwide bonus pool was shared by more than 915,000 U.S. workers.
The company has announced a number of wage-related plans in recent months, including a commitment to start hourly associates at a starting wage of at least $11 an hour, as well as expanded maternity and parental leave benefits, a new training program targeting 1 million associates over a five-year period, and more.