Walmart gives $5.2M in bonuses to NM employees | KOB 4
Advertisement

Walmart gives $5.2M in bonuses to NM employees

Walmart gives $5.2M in bonuses to NM employees Photo: MGN

J.R. Oppenheim
March 08, 2018 04:44 PM

ALBUQUERQUE, N.M. -- Walmart handed out $5.2 million in cash bonus to its New Mexico's associates on Thursday.

Advertisement

In total, Walmart doled out $560 million in total to its more than 890,000 employees across the United States. The bonuses are based on each store's fourth-quarter performances and the recent tax law changes.

The company will also increase its base pay wage to $11 per hour. Employees at an Albuquerque Walmart location on Central Avenue celebrated with a cookout.

"It's going to make us more competitive for an opening wage, so that's really cool," said Sean Oakley, a department manager. "And I think everybody has been expecting this on their paychecks for a couple of weeks, so we knew [March 8] was coming."

Walmart has 53 retail operations in New Mexico, spent $81.9 million on local suppliers and supports 7,359 supplier jobs. It paid more than $38.9 million in taxes and brought in more than $145.6 million in gross receipts tax.

Credits

J.R. Oppenheim

Copyright 2018 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved

Advertisement



Advertisement

Relay Media Amp

Advertisement

Advertisement



Rain stalls 416 Fire burning near Durango

APD identifies victim in Saturday morning shooting; suspect being sought

1 armed robbery suspect dead, another in custody after officer-involved shooting

Third suspect arrested, charged in murder of mail carrier

Vintage tractors on display at Father's Day show