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Walmart recently awarded $1.3 million in second-quarter cash bonuses to 6,600 hourly employees in Connecticut, the company reported Wednesday.
The bonuses, which were based on stores’ performances from May through July of this year, are part of an incentive plan designed to reward workers, known as “associates,” whose stores have met their performance and customer service goals.
Eligible employees can earn the bonuses up to four times a year.
Across the company, more than 932,000 hourly employees received a second quarter bonus, up from 880,000 associates in the second quarter of fiscal 2016 and 687,000 associates in fiscal 2015.
In August, Connecticut Working Families launched a petition asking Gov. Dannel P. Malloy to support a bill that would make large corporations pay a fee for employing low-wage workers. The group cited Walmart as a company that allegedly exploits such workers.
The Washington, D.C.-based UFCW union for Walmart workers, dubbed "Making Change at Walmart," said in an email many company workers are excluded from the bonus program and make less than $10 an hour. The union also noted that employees must complete a months-long training program often accompanied by "buggy and outdated" technology in order to get the bonus or the $10 minimum wage.
In 2015, Walmart announced a two-year, $2.7 billion investment in its associates that covers education, training and higher wages. As a result, more than 1.2 million Walmart U.S. and Sam’s Club associates received pay increases on the same day earlier this year. The second quarter bonuses are not part of the $2.7 billion.
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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