Walmart offers new perks for workers, from a new bonus plan to opportunities in skilled trade jobs
Walmart is offering new perks for its hourly workers
NEW YORK (AP) — Walmart is offering new perks for its hourly U.S. workers, ranging from a new bonus plan to opportunities to move into skilled trade jobs within the company.
The perks program announced Wednesday, comes as the nation's largest private employer says it's seeing a decline in worker turnover. But Walmart, like other employers, faces a still-competitive labor market and increasing demands from its employees.
Walmart's new bonus plan for eligible part-time and full-time U.S. store workers — including those in its pharmacy and Vision Centers — is based on the store's performance, with the maximum bonus potential based on years of experience. For example, a full-time worker who’s been with Walmart between one year and almost five years can earn a maximum bonus of $350 per year, while a 20-year full-time worker can earn a maximum bonus of $1,000, Walmart said. The plan will be available to 700,000 U.S. workers, the company said.
The plan comes after Walmart in January announced its U.S. store managers would receive up to $20,000 in Walmart stock grants every year.
