Walmart, which just made fourth-quarter bonus payments on Thursday, is making first-quarter payments as if it had met its sales targets for the three months ending April. Employees should see larger pay stubs on April 2, April 30 and May 28, when another regular bonus pay day is set.
“Walmart associates have gone above and beyond the call of duty to serve our customers during these unprecedented times,” said Chief Executive Doug McMillon. said in a press release. “We want to reward our associates for their hard work and recognize them for the work ahead of us.”
Many major retailers, including Macy’s, Nordstrom and Apple, have shuttered brick-and-mortar stores as consumers follow public health recommendations and “social distancing” protocols to stem the spread of the virus. Walmart remained open, but at reduced hours, to allow staff to replenish inventory and perform more thorough cleaning. Business has been buoyant as shoppers pile cleaning supplies, toilet paper, food and other essentials into their carts.
Wednesday, the company announced US stores would be open from 7 a.m. to 8:30 p.m. He designated a special shopping hour for customers over 60 – who are at high risk if they contract the virus – on Tuesday mornings starting March 24 . They will be allowed to shop one hour before the designated opening time of the store.
It also set purchase limits for paper products, milk, eggs, cleaning supplies, hand sanitizer, water, diapers, wipes, infant formula and infant food. babies.
It is, however, little respite for many employees who, in some cases, have worked through the night to disinfect stores and restock shelves. Reinforcements could be on the way with the planned 150,000 new hires. Walmart said it would cut its hiring process from two weeks to 24 hours through an online portal. He contacted “industry groups representing the restaurant and hospitality industry,” according to the company statement, to provide employment opportunities to workers who have lost their jobs due to the covid-19 crisis.
Restaurants across the country have been forced to close due to public health orders, but in some jurisdictions they are allowed to continue running a takeout-only business. The travel and hospitality sectors are beginning to see large-scale job losses as demand for airline tickets and accommodation craters. Manufacturing was also hit hard, with major automakers slow down North American factories for fear of the virus spreading and an impending recession that will likely dampen consumer demand.
“We know that millions of Americans who are ordinarily employed right now are temporarily out of work, and at the same time, we are currently seeing strong demand in our stores,” McMillon said in the declaration. “We’re looking for people who see Walmart as a chance to make extra money and provide a vital service to their community.”
Earlier this month, Walmart backed out of its worker attendance policy until the end of April for employees who felt unsafe or unable to come to work. Employees in mandatory quarantine areas can receive two weeks of paid leave that will not count towards vacation or other leave. Infected employees will receive two weeks of paid vacation and will be entitled to an additional 26 weeks of fully or partially paid vacation.