Walmart Introduces Annual Bonuses for 700,000 Hourly Workers

The new bonus program, based on store performance and tenure, aims to boost wages and reduce turnover.

Both part-time and full-time associates are eligible for bonuses up to $1,000 annually.
Eligibility requires a minimum of one year of employment and is tied to store performance targets.
Walmart's initiative includes a certification program to transition workers into higher-paying technician roles.
The company has increased its average hourly wage by 30% over the past five years to nearly $18.
Walmart aims to fill high-demand roles and address worker shortages with training and career advancement opportunities.