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Walmart Announces Bonuses To ONE MILLION Employees — That Means OVER TWO MILLION Americans To Receive Trump Tax Cut Bonuses


THIS IS HUGE! WALMART ANNOUNCES ONE MILLION EMPLOYEES WILL GET BONUS THANKS TO THE TRUMP TAX CUTS. That means the total number of Americans receiving Trump tax cut bonuses is now over 2,000,000!

Stuart Varney from FOX Business Network reports: “As of this morning before we got the Walmart announcement, 1,039,000 Americans were going to get a bonus. Now it’s 2,039,000 Americans will get a bonus. Clearly it’s employees and customers who are getting the benefit as well. By the way, before we got the Walmart announcement we had Waste Management chiming in with $2000 bonuses for 34,000 employees.”

Walmart will also pay a one-time cash bonus to eligible employees of as much as $1,000. The payouts, which should total roughly $400 million, will result in a one-time charge that the company will take in its fiscal fourth quarter. The bonuses will be determined by an employee’s length of service. Those workers with more than 20 years of experience will qualify to receive the full $1,000. However, workers with less than two years of experience will receive $200, a Walmart spokesman told CNBC.

Employees with 15 to 19 years of service at Walmart will receive $750, while those with 10 to 14 years of work there will receive a $400 bonus, he said. Five to nine years of experience merits a $300 bonus, while two to four years of service will result in a payout of $250.

Source: @https://www.cnbc.com


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