San Diego County CA— As part of the largest single-day, private-sector pay increase ever, more than 1.2 million Walmart and Sam’s Club associates in the U.S., including more than 7,000 in San Diego County and more than 79,700 in the state of California will receive a pay raise in their March 10 paycheck. The increases are part of the company’s two-year, $2.7 billion investment in higher pay, better training, clearer career paths and additional educational opportunities for its workers.
Walmart associates are eligible for quarterly cash bonuses based on the performance of their store. For the full fiscal year, Walmart associates across the country earned more than $550 million in bonuses, including $49.7 million in California. In addition to the higher wages, the March 10 paycheck for eligible California associates will include a share of the more than $17.4 million bonus earned in the fourth quarter of the year alone.
“For 22 years, I’ve chosen Walmart as my place of employment,” said Jorge Garcia, support manager at a San Diego Walmart store. “Walmart continues to provide me with opportunities, such as this wage increase, which will help me even better provide for my family.”
Walmart’s associate investment is about more than wages and benefits. It is designed to provide associates the skills, knowledge and tools they need to grow with the company and provide great customer service. The company is also creating new training programs, which will create clear career paths from entry-level positions to jobs with more responsibility and higher pay.
Walmart in California
Walmart’s local investment goes beyond the company’s recent pay raises. In California, the company:
- Has an average wage of $13.69 per hour for regular, full-time hourly associates.
- Operates 298 retail units.
- Spent $23.6 billion with local suppliers, supporting 186,500 supplier jobs in FYE 2015.
- Paid more than $292.5 million in state taxes and collected more than $988.2 million in sales taxes in FYE 2015.
Wages and Advancement Nationally
A job at Walmart means competitive pay for all associates. Last year, Walmart U.S. and Sam’s Club promoted more than 200,000 associates, including more than 18,710 in California, to jobs with higher pay and more responsibility. In addition, more than 150,000 associates nationally, including more than 10,100 in California were converted from part-time to full-time. This month’s pay changes include:
New entry-level associates become eligible for quarterly cash bonuses, annual pay increases and promotion opportunities after successfully completing the company’s new retail skills and training program known as Pathways.
- Associates will see their annual pay increase starting in March rather than waiting until their anniversary date.
- Walmart is raising the starting rate of its non-entry level hourly pay bands, automatically moving associates at lower rate up to the new, higher level.
- Associates at or above their pay band maximum will receive a one-time lump sum payment equal to 2 percent of their annual pay.
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,535 stores under 72 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2016 revenue of $482.1 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.