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Walmart to dole out third round of bonuses

May 13, 2020 / Jessica Dumont
SHARESHARESHARE

Walmart will pay employees another cash bonus to recognize them for their work during the COVID-19 pandemic, according to a company press release. The bonus will be available to associates employed as of June 5, and will be paid out June 25. Full-time hourly associates will receive $300, and part-time hourly and temporary associates will receive $150. In total, Walmart will award more than $390 million in special bonuses with the payout. This will be the third round of bonuses the company has given since the coronavirus outbreak, bringing Walmart's total commitment to more than $935 million in bonus pay this year. While some retailers are scaling back bonuses and extra pay as scheduled end dates for the additional compensation come and the country takes steps to reopen, Walmart is renewing its financial commitment to its team.