Coronavirus: Walmart to roll out 4th round of hourly employee bonuses totaling $700M

Walmart - What You Need to Know

Walmart said Thursday it has authorized payment of a fourth round of novel coronavirus pandemic-era bonuses to its 1.5 million hourly U.S. employees.

Content Continues Below

Employees will receive the payments on Dec. 24, with part-time and temporary workers at Walmart or Sam’s Club stores, distribution centers or fulfillment hubs receiving $150 each and full-time employees receiving $300 each, The Washington Post reported.

The latest round of bonuses comes as retailers field increasing pressure from labor-backed groups to “extend cash bonuses to workers who have felt the brunt of the pandemic as they rush to fill a crush of online orders or bag groceries and risk exposure to the virus,” the Post reported.

The company also announced Thursday the extension of its COVID-19 emergency leave policy until July 2021, CNBC reported.

“As we come to a close on this historic year, I’m filled with gratitude for how our associates have led through one of the most trying periods for our company and country,” John Furner, president and CEO of Walmart U.S., said in a prepared statement.

According to CNBC, Walmart will have paid a total of $2.8 billion in quarterly and special bonuses to its hourly employees in 2020, including quarterly bonuses that predated the novel coronavirus pandemic.

More coronavirus pandemic coverage: