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Walmart to give $700 million to employees in 4th round of bonuses since start of pandemic

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Walmart announced on Thursday that for the fourth time during the pandemic it will be giving its 1.5 million U.S. part-time and full-time employees additional cash bonuses for their work.

Walmart says the cash bonuses will be similar to the previous ones they have given out during the pandemic. Part-time and temporary workers who work at Walmart or Sam’s Club’s stores, distribution centers or fulfillment hubs will receive $150 each, while full-time employees will receive $300 on Dec. 24.

In total, Walmart said it’s paying out more than $700 million this time around in additional bonuses. That includes $319 million in quarterly bonuses paid in workers’ Nov. 25 paychecks following a strong quarterly performance and $388 million in special cash bonuses related to the pandemic. That adds up to $2.8 billion in total cash bonuses to workers this year.