Wal-Mart in Tennessee:
* 155 stores * $2.8 billion with local suppliers, supporting 42,831 supplier job* Collected $724.3 million in sales taxes for state and local governments* $88.7 million in taxes paid by Wal-MartSources: Wal-Mart, Dunn & Bradstreet
Wal-Mart today announced that more than 850,000 Wal-Mart associates in the U.S. – including 3,021 in the Chattanooga area – will share in more than $157 million in cash bonuses based on their stores’ performance in the fourth quarter.
The bonuses, along with an annual pay raise, were included in their March 9 paychecks. The average quarterly bonus for Chattanooga Wal-Mart employees was $211.52, although bonuses vary widely depending upon jobs and pay levels.
Wal-Mart associates can earn a bonus every quarter based on the performance of their store. Associates in the greater Chattanooga area – including Bradley, Hamilton, Marion, McMinn, Rhea and Sequatchie counties – will share more than $639,000 in fourth quarter bonuses. Across Tennessee, Wal-Mart is awarding more than $5 million in bonuses to over 26,000 associates.
The bonuses reflect Wal-Mart’s strongest comp sales performance of the year in the fourth quarter at 1.8 percent. Customer service and inventory management have also improved.
