Walmart announced that more than 850,000 Walmart associates in the U.S., including more than 3,100 in Milwaukee, will receive a share of more than $157 million in cash bonuses based on their stores’ performance in the fourth quarter.
The bonuses were included in a March 9 paycheck for employees, according to a Walmart news release.
The bonuses come on the heels of Walmart U.S. recording its strongest sales performance of the year in the fourth quarter. For the full fiscal year, U.S. associates shared more than $700 million in bonuses.
“The hard work and dedication consistently demonstrated by our associates has allowed our entire company to succeed,” Todd Peterson, Walmart regional manager said. “We are proud to award more than $3.1 million in bonuses to associates across the state in recognition of their exemplary commitment to our customers and our company.”
Doug McMillon, Walmart President and CEO, shared his own “Thank You” message to associates on Facebook.
In Wisconsin alone, the company operates 101 retail units, has spent $2 billion with local suppliers, supports over 60,000 supplier jobs in FYE17, and has paid more than $104 million in taxes and collected more than $193 million in sales taxes in FYE16.
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