Walmart is giving warehouse employees bonuses and pay raises to discourage exits and vacations.
The move from America’s largest private employer comes as the labor market continues experiencing distortions following COVID-19 and the lockdown-induced recession.
The Wall Street Journal reports:
The majority of Walmart’s 190 U.S. warehouses are offering the weekly bonus or pay raises. The bonuses and raises vary by location and job type, according to a person familiar with the situation.
Some workers have been offered $1,000 over four weeks for not skipping any scheduled shifts during the second half of the summer. Last week, some workers were also offered temporary pay raises of several dollars an hour through January 2022, said this person.
A Walmart spokesperson told The Wall Street Journal that the company will “continue to see high volume as we are preparing for peak season.”
As The Daily Wire has previously reported, many economists and lawmakers worry that the federal government’s enhanced unemployment insurance — extended through September in many states by President Biden’s $1.9 trillion American Rescue Plan — are encouraging Americans to remain at home rather than return to the workforce. – READ MORE