Walmart touts $1,000 cash bonus for employees — but there’s a catch
|03/09/2018||Posted by BusinessMediaguide.Com under General World News||
- Walmart is paying out $560 million in bonuses to 890,000 employees.
- The bonuses will hit employees’ paychecks this week.
- When announcing the bonuses in January, Walmart said employees would get up to $1,000.
- Only employees with 20 or more years of Walmart employment will get the full $1,000, however.
Hundreds of thousands of Walmart employees will get some extra cash in their paychecks this week.
Walmart is paying out a total of $560 million in bonuses to 890,000 of its more than 1.5 million US employees. The bonuses are tied to the company’s fourth-quarter performance and recent tax law read more >>>