Walmart adds another round of bonuses for employees and announces Thanksgiving store closure
Walmart will be keeping their stores closed on Thanksgiving Day this year allowing employees to be at home with friends and family
In an announcement on Tuesday, Walmart said it will be closing its stores on Thanksgiving Day this year and that it is also giving another bonus to employees.
For the third time this year, we’re showing our appreciation for associates by providing special cash bonuses totaling $428M. Walmart stores will also close Thanksgiving Day, so associates can spend the time with their friends and families. https://t.co/e56X2MFVXi pic.twitter.com/kMRpebw5K0— Walmart Inc. (@WalmartInc) July 21, 2020
To thank employees for their work during the pandemic, Walmart will be giving a total of $428 million in bonuses to all hourly employees. The bonuses will be paid on Aug. 20.
Full-time employees will be receiving $300 while part-time and temporary workers will receive $150, according to CNBC.
This will be the third round of bonuses that employees have received during the coronavirus pandemic, totaling $1.1 billion.
According to USA Today, Walmart CEO John Furner told employees in a memo, “You’ve been working at an incredible pace, you’ve solved problems, and you’ve set an amazing example for others. To further appreciate the work that’s being done throughout our stores and supply chain, we’re pleased to announce another special cash bonus for the summer.”
Along with the bonuses, Walmart also announced that it will be closing its doors on Thanksgiving Day (Nov. 26), which is normally when the retailer is kicking off Black Friday weekend.
According to USA Today, in previous years, Walmart has opened on Thanksgiving at 6 p.m. to kick off Black Friday sales.
Furner added in the employee memo, “We know it’s been a trying year, and you’ve stepped up. We want you to enjoy the day at home with your loved ones.”
Store locations across the country will operate their normal store hours on Nov. 25. Hours and details regarding Black Friday will be shared at a later date, according to Walmart.