Walmart is rolling out more cash bonuses for full-time and part-time employees during the ongoing COVID-19 pandemic.
The Bentonville-based retailer will be distributing roughly $428 million in cash bonuses to associates at Walmart stores, Sam’s Club stores, distribution centers and fulfillment centers. According to a Walmart release, the bonuses will total $300 for full-time hourly associates and $150 for part-time hourly and temporary associates. In addition, drivers, managers and assistant managers will also receive a bonus.
These bonuses will be paid out on Thursday, Aug. 20.
“Our associates have been working at an incredible pace, they’ve solved problems, and they’ve set an amazing example for others,” John Furner, President and CEO of Walmart U.S., said in a statement. “To further appreciate their incredible work, we are pleased to share another special cash bonus this summer.”
This marks the third round of bonuses that Walmart has disbursed during the pandemic. The first round was paid out in April, and the second round was handed out in June, with both rounds totaling $368 million each. In total, Walmart will be providing approximately $1.1 billion in bonuses between the three rounds.
To qualify for the bonuses, associates must be employed as of Friday, July 31.
Walmart is not the only company that has provided employees with bonus payments during the pandemic. In the early months of the health crisis, Tyson Foods, J.B. Hunt and Kroger also announced that workers would be receiving bonuses.
Walmart also will be closing its stores on Thanksgiving Day (Nov. 26) this year. Sam’s Club stores will also be open. Stores and clubs will have normal operating hours on Wednesday, Nov. 25, and the operating hours for Friday, Nov. 27 (also known as Black Friday) will be announced at a later date.