Wal-Mart Announces Bonuses for Hourly Workers - New York Times March 23, 2007 Wal-Mart Announces Bonuses for Hourly Workers By THE ASSOCIATED PRESS Wal-Mart Stores made its annual bonuses for store employees public for the first time in two decades yesterday, saying that about 80 percent of hourly workers would split more than half a billion dollars. Based on the figures released, the average payment would be $651 a worker, though Wal-Mart said the individual amounts varied. It declined to provide a range or the specific level of payments, citing competition with other employers. A Wal-Mart spokeswoman, Sarah Clark, declined to confirm the figures. The company said it had awarded more than $529.8 million in bonuses to 813,759 Wal-Mart and Sam’s Club hourly workers in the United States. It employs more than 1.34 million people in this country; just over a million are hourly workers who would qualify for bonuses. The bonus is tied to the performance of individual stores. Employees receives it if the store where they work meets sales and profit goals for the year. Michael Bergdahl, a turnaround specialist and former executive at Wal-Mart headquarters who has written about the company in “The 10 Rules of Sam Walton,” said that he thought the company had made the figures public in response to critics who say it exploits its work force. “There is so much negative media about Wal-Mart,” Mr. Bergdahl continued. “This is just an example of how they really treat their people well, and they’re putting it out there to let the facts speak for themselves.” The annual bonuses will now be distributed quarterly, the company said in a press release, “to reward performance on a more frequent basis.” Copyright 2007 The New York Times Company