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Walmart to Give Employees Third Round of Bonus Pay, Thanksgiving Day Off

Third round of bonus pay to add up to about $428 million
Photograph courtesy of Walmart

Walmart made two more major announcements on July 21: another special cash bonus to full- and part-time associates for their ongoing contributions and dedication to serving customers amid COVID-19, and the closing of all Walmart stores on Thanksgiving Day.

This round of bonus pay—$300 for full-time hourly employees and $150 for part-time hourly and temporary employees—is the third for the big-box retailer and will add up to about $428 million, for a total of $1.1 billion in bonuses so far this year.

U.S. associates—including club, distribution center and fulfillment center associates but excluding salaried office associates—employed by the company as of July 31 will qualify, and it will pay out on Aug. 20.

“Our associates have been working at an incredible pace; they’ve solved problems, and they’ve set an amazing example for others,” said John Furner, president and CEO of Walmart U.S., Bentonville, Ark., in a release.

Walmart also announced it is closing its stores on Thanksgiving Day (Nov. 26) this year. Its Sam’s Club locations will also be closed again on the holiday.

“We know this has been a trying year, and our associates have stepped up. We hope they will enjoy a special Thanksgiving Day at home with their loved ones,” Furner said. “We are certainly thankful to our people for all of their efforts.”

Walmart stores and Sam’s Club locations will operate normal hours on Nov. 25, while information for store and club hours on Nov. 27, commonly known as the popular shopping day Black Friday, will be shared at a later date.

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