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Showing Original Post only (View all)Walmart Gives Weekly Bonuses to Keep Warehouse Workers [View all]
Source: The Wall Street Journal.
WSJ NEWS EXCLUSIVE BUSINESS
Walmart Gives Weekly Bonuses to Keep Warehouse Workers
Most U.S. Walmart warehouses give staff extra payments to forgo vacations or work extra hours as it ramps up for holidays
By Sarah Nassauer
https://twitter.com/sarahnassauer
Sarah.Nassauer@wsj.com
Aug. 6, 2021 8:00 am ET
Walmart Inc. is offering weekly bonuses to many warehouse employees to forgo August vacations, as the countrys biggest retailer ramps up for the holiday shopping season with a tight labor market and stretched supply chains.
The warehouse worker bonus varies by location and job type. Some workers have been offered $200, others as much as $500. The majority of Walmarts 190 U.S. warehouses are offering the weekly bonus to those who stay on the job and, in some cases, work more hours, according to a person familiar with the situation.
Walmart aims to acknowledge the efforts of employees with incentives, and provide opportunity in a competitive job market, said a Walmart spokesman. The retailers distribution warehouses continue to see high volume as we are preparing for peak season, he said. Walmart is the countrys largest private employer with 1.6 million U.S. workers, most of which are hourly workers in stores and warehouses.
Retailers and other businesses are straining to hire workers and face a global supply chain snarled by the pandemic and other factors as demand for many products and services grows.
While the peak holiday shopping season kicks off in stores in the fall, it is already the holiday shopping season in the supply chain and warehouses of large retailers. Retailers aim to have warehouse operations running smoothly ahead of the season and are already handling some holiday inventory.
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Read more: https://www.wsj.com/articles/walmart-gives-weekly-bonuses-to-keep-warehouse-workers-11628251212
Walmart is offering weekly bonuses to many warehouse employees to forgo August vacations, as the retailer ramps up for the holiday shopping season. Some workers have been offered $200, others as much as $500.
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SCOOP: Walmart is offering weekly bonuses to the majority of its warehouse workers to stay on the job as labor shortages, supply chain slowdowns hit retailers ahead of the holidays.
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