Profit sharing is now in the hands of the manager. Walmart calls it Performance Sharing, I call it BS. The managers will be squeezed to rate individuals as low as possible.
Walmart grandstanding it gave associates $1,000.00 based on the POTUS tax relief, again BS!! I received $00.00
More millennials and layoffs for 50 and above associates.
More executives bailing on current leadership. Sink or swim
Less benefits
Amazon stock will continue to rise and Walmart will remain flat
If Walmart and other companies would treat associates like investments their work place would look and run awesome. Eventually the turnover would be very low, you would get to the point where people wouldn’t need training. Walmart instead likes revolving doors to keep wages low as possible. They like driving long term out by jacking with schedules after x amount of years and stupid programs that don’t work. I felt like I had to fight to do my job everyday and home office was the enemy putting up road blocks on running the business. They should make it easier not harder to the point you want out! Making the opposite decisions of what was right and what made sense.
There is zero incentive to do more than the bare minimum at Walmart. You'll be lucky to receive a 2% raise which just means making the same as last year with inflation. This is why no one gives a f---. Walmart is to stupid and cheap to realize taking care of their people actually saves money in the long run.
I’ve actually had several merits and 5% then they went 2% across the board.
Not bragging, but they took the incentive to work there away. A lot of people do less now! Some people think why work hard?!
@Vr6uuN4-2cnu, Role Model and 5% is fantastic! Congratulations on that. It isn't easy to get great reviews at Walmart.
Walmart is definitely not worth it anymore no incentive, no perks!
Vr6uuN4-2ezr
I got role model and got 5% every year, until they went to no incentives or merit raises. Just 2%.
Home Office for years only gave 2% increases across the board. I don't care how hard you worked or how great your review was. You could be the superstar of your team, with mostly "Role Model" status and you only got 2%, and the slacker on your team with "Needs to Improve" got 2% too. It was the biggest crock of c-ap ever! Same went for the bonus, everyone got whatever allotted percentage was assigned to their pay band with the final percentage dependent on the overall company success. Again, you could be the superstar, and your coworker a total slacker, but you both got the same annual bonus just for showing up.
More recently, they started giving superstars maybe a percentage or two higher and the slacker got zero. Honestly, that's the way it should be, and is in most normal companies. I think Walmart HO was afraid before to actually give someone a zero increase for their raise review. Probably afraid of a lawsuit and it forced management to actually do their job and track people's work and be able defend why someone wasn't getting an increase. Giving everyone the same percentage absolutely sent the wrong message. It created lots of resentment with the people who are actually doing all the work. And, slackers learned really quickly they can be a slacker and not suffer any consequences.
There are tons of apathetic, lazy people at the HO who just show up for the check. I have never seen anything like it. The company should have parted ways with some of those people a decade ago. I have never worked for a company more backwards that rewards mediocrity than Walmart HO, hands down.
The slackers would actually laugh at those of us who worked hard, calling us the stupid ones for busting our tails. Looking back, they were partially right. Even with getting a percentage or two more, sometimes the extra effort isn't worth the little bit of money for making yourself sick by keeping 90 hour weeks and a relentless pace. Happiness and spending time with your family is in many cases worth more. Too, at the end of the day, when they start cutting heads, it doesn't matter that you're a superstar, they'll lay you off and not think a thing of it. I saw it happen to countless people who were the superstars. People absolutely blindsided with no rhyme or reason.
Now, I'll work hard for the right company where my leadership can be trusted and isn't a psycho nut case. You really need to know who and what you're dealing with so you don't end up getting used and abused. I learned the hard way not to be someone's chump who gets stuck doing all the work.
Crazy!
Home office only gets 2% a year for the most part. They are by no means rolling in raises.
My percentage was a lot higher too until they went to 2% for the year.
Is that on paper anywhere I wonder? Telling managers to get rid of 50 and older associates?
Not everyone's raise, I received a .7% raise at our DC and many got nothing. We've received less than 2% raise over the last 4 years combined. If you've worked at a DC you know these people are literally wrecking their body for this company. There is no reason decent workers shouldn't receive a 3-4% raise every year, a 2% "raise" is actually 0% due to inflation, Walmart sure as hell can afford to do better.
That’s everyone’s raise for the year.
2%? Is that your bonus?
How would home-office associates enjoy getting paid 2 percent like everyone else when they worked harder or did above and beyond?!
Walmart is not about their people that’s why I left the company. As soon as they rolled out that 2% I knew they would never change it.
That $1000 was based on years of service $50 for each year maxing out at the 1k at 20 years.