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

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.