Walmart Associates in Maryland Receive Cash Bonuses

More than 890,000 Walmart U.S. associates are receiving a share of more than $560 million in total cash bonuses, including:

• More than $160 million in cash bonuses based on their stores’ Q4 performance, and
• More than $400 million in one-time cash bonuses tied to recent changes in tax law.
• In Maryland, Walmart associates are receiving approximately $6.6 million in combined bonuses.

The bonuses, along with an annual pay raise for our hourly field associates, are included in their March 8 paycheck. Between Q4 performance bonuses, tenure-based bonuses, pay increases and recent paid time off (PTO) cash outs, more than $1 billion flowed to U.S. hourly associates during the months of February and March.

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. A new adoption assistance benefit of $5,000 per child – announced in conjunction with the other changes – went into effect on February 1.

Walmart associates earn quarterly bonuses as part of an overall incentive plan designed to reward associates whose stores achieve sales and customer service goals. Hourly associates in Maryland earned more than $2 million following Q4 comp sales of 2.6 percent in Walmart U.S.

• For the full fiscal year, U.S. associates shared more than $625 million in performance-based bonuses, including more than $13 million shared by Maryland associates.
• Walmart also recently cashed out to associates more than $300 million in unused paid time off (PTO).

“The success of our individual stores, and our company as a whole, is a direct result of the hard work of our associates and we are thrilled to be able to take this opportunity to celebrate their performance,” said Jason Leisenring, Regional General Manager, Walmart. “We are proud to recognize the more than 18,500 associates across Maryland receiving bonuses today for their unwavering dedication to creating the best shopping experience possible for our customers.”

Walmart in Maryland

Walmart’s recent pay raises are just one part of the company’s local investment and impact. In Maryland, the company:

• Operates 59 retail units.
• Spent $1.3 billion with local suppliers, supporting 15,321 supplier jobs in 2017.*
• Paid more than $52 million in taxes and collected more than $156 million in sales taxes in 2017.

*Information supplied by Dunn & Bradstreet