Walmart associates in Indiana are receiving nearly $5 million in cash bonuses.
It’s part of the $200 million in cash bonuses being given nationwide based on stores’ second quarter performances.
A press release from the company says associates earn quarterly bonuses as part of an overall incentive plan designed to reward associates whose stores achieve sales and customer service goals.
These bonuses come on the heels of the best performance for Walmart U.S. in more than 10 years– with comp sales growth (excluding fuel) of 4.5%– along with an increase in customer traffic of more than two percent.
“We want to thank our Hoosier associates for their top-notch performance,” said Indiana Regional General Manager Rodney Walker. “Their continued focus on local customers makes the shopping experience easier and faster. Those results mean increased trips and increased sales allowing us to continue to reward our hardworking associates.”
In January, Walmart announced plans to increase the starting wage for all hourly associates in the U.S. to at least $11, expand maternity and parental leave benefits, and provide a one-time cash bonus for eligible associates of up to $1,000.
Walmart also recently announced a commitment to train and develop one million associates over the next five years and introduced a new education benefit for associates, which includes free college credit for on-the-job training and options for associates to earn a college degree without incurring student loan debt.