Money | Walmart Walmart Is Rewarding Staff for 'Herculean' Efforts Company is paying out $550M in bonuses By Rob Quinn Posted Mar 20, 2020 7:22 AM CDT Copied Shelves are nearly empty at a Walmart in Warrington, Pa., Tuesday, March 17, 2020. (AP Photo/Matt Rourke) With pandemic panic buying and widespread uncertainty, these are tough times for Walmart workers—but the company says they will be rewarded. Walmart exec Dan Bartlett says the company is paying cash bonuses totalling around $550 million to its hourly workers the Wall Street Journal reports. "We felt this was a moment they needed to be provided some extra merit pay," he says."They are doing herculean work in our stores serving our customers in frankly a tense environment." Full-time workers will get a $300 cash bonus and part-timers will get $150. Walmart, which has reduced store hours and rationed some items, is also hiring 150,000 new workers, largely for distribution centers dealing with online orders, CNBC reports. The company says it has streamlined the hiring process and reached out to workers from restaurants and other industries hit hard by coronavirus-related closures. (Amazon has also reached out to laid-off workers as it tries to fill 100,000 vacancies.) Read These Next Iran's new leader issued a defiant first statement. Country star cancels rest of his tour: 'I am mentally unwell.' Second 'Doomsday Plane' in 2 months is seen over California. Report finds uninjured cop took an ambulance as a dying man waited. Report an error