CLARKSVILLE, Tenn. (CLARKSVILLENOW) – Walmart today announced that more than 850,000 Walmart associates in the U.S. – including 1,091 in Clarksville and more than 26,000 in Tennessee – received a share of more than $157 million in cash bonuses based on their stores’ performance in the fourth quarter.
The bonuses, along with an annual pay raise, were included in their March 9 paychecks.
Walmart associates can earn a bonus every quarter based on the performance of their store. Associates in Clarksville will share more than $381,000 in Q4 bonuses (Statewide associates will share more than $5 million in bonuses).
The bonuses come on the heels of Walmart U.S. recording its strongest comp sales performance of the year in the fourth quarter at 1.8 percent. Customer service and inventory management have also improved. For the full fiscal year, U.S. associates shared more than $700 million in bonuses.
“We’re proud to be leaders in the new world of retail. No other retailer offers as wide a range of jobs, training opportunities, room for advancement, benefits and the opportunity for financial advancement as Walmart,” said Sean Riley, Walmart regional general manager. We have invested in wages and training to create a system that can help our associates go as far as they want to go.”