Walmart Canada has announced that the company is investing an additional $92 million in pay increases for eligible supply chain hourly and frontline management, and retail hourly associates.
“As a people-led, tech-powered, omnichannel retailer, we’re proud to offer wages that are market competitive or better—and our benefit plans are some of the best in the Canadian market,” said AnnMarie Mercer, chief people officer at Walmart Canada. “Investing in our people is an ongoing and important part of making sure we continue to attract great associates who want to stay and grow with us.”
The total compensation offering will include annual incentive bonuses aligned with company performance and comprehensive benefits coverage. Employees will also receive free and confidential 24/7 virtual care, employee assistance programs, and well-being programs through Telus Health and a 10 percent discount card for groceries and general merchandise. A deferred profit-sharing program and discounted stock purchase program are also being offered.
“These frontline investments are significant steps Walmart Canada is making on its ongoing journey to be the leading omnichannel retailer in Canada,” said Joe Schrauder, COO at Walmart Canada.
Earlier this year, Walmart Canada announced a $53 million wage investment in higher wages for store associates. In addition to pay increases, Walmart Canada also announced it will be investing in skills training and education offerings at no cost to the associate.