TALLAHASSEE — More than 850,000 Walmart associates in the U.S., including more than 64,000 in Florida, will receive a share of an estimated $157 million in cash bonuses based on their stores’ performance in the fourth quarter.
The bonuses, along with an annual pay raise, were included in March 9 paychecks.
Walmart associates can earn quarterly bonuses based on their store’s performance. Workers in the North Florida area will share more than $11.3 million in Florida cash bonuses.
The bonuses follow U.S. Walmart stores’ strongest comp sales performance of the year, a 1.8 percent increase in the fourth quarter, according to a media release.
U.S. associates reportedly shared more than $700 million in bonuses for the full fiscal year.