SILVER CITY — More than 890,000 Walmart U.S. associates received 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 New Mexico, Walmart associates received approximately $5.2 million in combined bonuses.

The bonuses, along with an annual pay raise for our hourly field associates, were 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 New Mexico earned more than $1.5 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 $10.4 million shared by New Mexico associates.
·       Walmart also recently cashed out to associates more than $300 million in unused paid time off (PTO).

“Everybody in the store is excited about the bonuses and raises,” said Lawanna Mullins a Personnel Coordinator at an Albuquerque Supercenter. “Walmart takes care of its people, that’s why I’ve been here for nearly 30 years.”

Walmart in New Mexico

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

·       Operates 53 retail units.

·       Spent $81.9 million with local suppliers, supporting 7,359 supplier jobs in 2017.*

·       Paid more than $38.9 million in taxes and collected more than $145.6 million in gross receipts taxes in 2017.

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