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Industry NewsWalmart Canada rewards employees on store performance

Walmart Canada rewards employees on store performance

wlmrt_cda_x_gb_-0187-5625456Walmart Canada president and CEO Horacio Barbeito, far right, with employees at an Ontario store. Image: Stacey Newman

Walmart Canada is recognizing employees with cash bonuses as part of a broader incentive plan to reward those whose stores have met performance and customer service goals.

Adam Grachnik, director of corporate affairs at Walmart Canada, says eligible store associates, which include managers and hourly store staff, are receiving a share of more than $100 million in total cash bonuses. The annual bonuses are based on stores’ past year performances.

“Walmart Canada delivered strong results and our business continues to grow and evolve to meet the changing needs of our time-stretched, value-focused customers. Today, we pass along the results of a successful year to our incredible store associates who have played a critical role in that success,” says Grachnik.

Walmart says the rewards reflect Walmart founder Sam Walton’s vision of a successful business, who once said “share your profits with all your associates, and treat them as partners. In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations.”

According to Grachnik and Walmart Canada, the company is investing in its people in several ways:

  • All Walmart Canada associates earn more than the minimum wage in their province.
  • Provide no-cost 24-hour access to physician care, a broad range of company-paid benefits, including comprehensive health and well-being benefits, deferred profit-sharing plan, stock purchase program, and partner discount programs to name a few.
  • Associates receive a Walmart discount card for savings of 10 per cent on most groceries and general merchandise sold at Walmart stores and on Walmart.ca.
  • In-house training led by the Walmart Academy and training and development initiatives are designed to let associates own their career paths and redefine their potential to build a workforce that is people-led and tech-empowered. 
  • In 2021, 7,400 associates were promoted.
  • Offer a financial support program ‘AdvancED’ for associates and their families, to help them pursue post-secondary education, and offer scholarships for high school graduates to associates and their dependents.

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