Walmart associates in Va. to receive more than $16M in cash bonuses

Posted at 3:24 PM, Mar 09, 2018
and last updated 2018-03-09 20:04:21-05

RICHMOND, Va. – More than 890,000 Walmart associates across the U.S. are receiving bonuses.

Associates in Virginia will receive upwards of $16.6 million out of the more than $560 million that has been allotted for associate bonuses across the country, according to officials with the retail store company.

Walmart is excited to show our appreciation and commitment to our associates in Virginia with these bonuses, which are another example of how Walmart continues to help them grow and succeed in the company,” said Brent Rains, Walmart Regional Manager for North Carolina and Virginia.

Walmart said that most of the bonuses are because of the new tax law that was passed earlier this year.

Employees of Walmart saw the bonus and an annual pay raise in their March 8 paycheck.

Walmart announced plans to increase the starting wage for all hourly associates in the U.S. to at least $11 in January.

Virginia Walmarts spent $2.9 billion with local suppliers, supporting more than 40,000 supplier jobs in 2017. They also paid more than $110 million in taxes, while collecting more than $366 million in sales taxes in 2017.