Walmart hourly store associates throughout New Jersey received news Wednesday morning that the retail giant is starting a new annual bonus program for eligible full- and part-time associates in stores, including hourly associates in the pharmacy and optical departments.
Associates must be employed with the company for one year to be eligible; that means approximately 11,000 of the hourly store associates in New Jersey are eligible for this new bonus.
But, that’s not all. This new bonus for hourly store associates is one of four new ways Walmart announced that it is investing in its people. Here are the key programs:
- Launch of the Associate to Technician program, a new program to help address the skilled trade labor shortage and create new career opportunities at Walmart. The program provides frontline associates with the training and pathways to move into higher-paying technician jobs in our stores and supply chain facilities.
- Doubling the number of skills certificates available through the Walmart-paid Live Better U benefit. These certificates will help fast-track frontline associates into the 100,000 higher-paying and in-demand jobs at Walmart over the next three years.
- Starting a new Associate Bonus for eligible full- and part-time store hourly associates that rewards long-term service — the longer an associate is with the company, the higher their bonus potential is, up to $1,000 a year.
- A new Total Pay & Benefits feature in the Me@Walmart app. This new feature gives store associates the opportunity to quickly and easily see their pay, 401(k), Associate Stock Purchase Plan, benefits and more right in the palm of their hand.
Walmart said these investments are all part of its people-led, tech-powered commitment to Walmart associates.
“We know that, when they’re given the right tools, opportunities for growth and investments in their personal well-being, they can accomplish more than they imagined personally and professionally,” John Furner, CEO and president, Walmart U.S., said.
