Walmart plans to recruit 150,000 Americans to fulfill the demand surge during the coronavirus pandemic and will pay $365 million in bonuses, the US retail titan stated.
The company added it might pay $300 bonuses to full-time employees and $150 to those part-time.
Walmart stated Thursday it wanted to reward them “for their hard work and commitment to serving customers in a time of an unusual national health crisis.”
It further plans to accelerate payment of the next quarterly bonus funds, which will take its payout to approximately $550 million.
The hiring series comes as travel caps and lockdown measures in various US states and cities to contain the spread of COVID-19 have pushed people to stock up on fundamental foodstuffs and order more online.
Amazon has further introduced plans to recruit a further 100,000 workers in the U.S. to deal with the hike in internet shopping.
In the meantime, many small businesses have to shut, at least temporarily, and 70,000 employees have been removed in a single week throughout the nation, in keeping with the latest weekly unemployment benefit claims.
The retail network giant stated it will accelerate the recruitment, reducing the application process time from two weeks to 24 hours.