in

Walmart Canada to pay ‘appreciation bonus’ of up to $250 to 85,000 employees amid COVID-19 surge

Walmart Canada to pay ‘appreciation bonus’ of up to $250 to 85,000 employees amid COVID-19 surge

People leave a Walmart store in Mississauga, Ont., on Nov. 26, 2020.

Nathan Denette/The Canadian Press

Walmart Canada says it will be giving its workers new cash bonuses for their ongoing dedication during the pandemic.

The retailer says more than 85,000 full-time and part-time employees will receive an “appreciation bonus payment” on Dec. 11.

The company says full-time staff will receive $250 while part-time staff will receive $150.

Story continues below advertisement

Horacio Barbeito, president and CEO of Walmart Canada, says the store’s associates have stepped up and gone “above and beyond” to serve customers during extraordinary times.

The move follows similar announcements made by other retailers in recent weeks and could put pressure on other companies to offer so-called hero pay as the second wave of COVID-19 surges across much of the country.

Sobeys said last week it was bringing back pay premiums for workers in locations where lockdowns are in effect.

Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.

Published at Fri, 04 Dec 2020 18:19:10 +0000

What do you think?

Written by Riel Roussopoulos

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

How balanced ETFs are rewiring investor brains. Plus, top growth and dividend stock picks and the green-power portfolio surge

A Tampa family’s food truck was stolen. The community is stepping up to help – Tampa Bay Times