WSJ News Exclusive | Walmart to End Quarterly Bonuses for Store Workers

By Nick J Adam On Sep 9, 2021

Walmart Inc. is phasing out its decades-old quarterly bonuses for store workers, according to the company, as it implements hourly wage increases for hundreds of thousands of its employees.

Walmart said it would scrap the benefit, dubbed “MyShare,” at the end of the company’s fiscal year on Jan. 31, 2022, according to a memo sent to staff discussing coming wage increases. “We are rolling MyShare into associates’ base pay going forward,” the memo said.

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