Consumer

Walmart Will Pay Out 121% of Annual Bonuses to Corporate Staff

Shoppers at a Walmart store in Columbus, Ohio.

Photographer: Brian Kaiser/Bloomberg

Walmart Inc.’s bonuses for US corporate staff will once again surpass their target, a reflection of the retailer’s strong performance and share gains.

It will pay US corporate employees 121% of their eligible bonuses next month, according to a memo viewed by Bloomberg News. That amount is similar to last year’s 122%. Bonuses, which max out at 125% at Walmart, are calculated based on both individual and company’s performance.