In a move to improve retention and employee well-being, Walmart will offer a financial bonus of up to $1,000 to full- and part-time employees. The longer an hourly employee stays with the company, the higher the bonus.
Source: SHRM, June 14, 2024. Link.
Also see: Here’s how much Walmart employees get paid in 2024, The Street, January 17, 2024. Link. The average hourly wage for U.S. frontline associates increased to at least $17.50 per hour as of January 2024.
INSIGHTS: The competition for unskilled labor continues to perplex practices and pet health services businesses, especially in rural areas. Regular hours and benefits add to employment challenges.