Walmart is one of the largest employers in the world, with over 2.2 million associates worldwide and 1.5 million people employed in the United States alone. Walmart operates more than 4,740 retail stores across America and has an average hourly wage for full-time employees of $14.26 per hour. The company also plans to invest $400 million into initiatives aimed at reducing employee turnover/retention during fiscal 2021, which is lower than the industry average of 60%. In addition to this investment, Walmart spends around $4 billion annually on training and development programs for its employees as well as offering a 10% discount on regularly priced merchandise for their staff members.
Furthermore, Walmart employs 14,500 veterans through its 'Veterans Welcome Home' commitment program while providing optional life insurance benefits that cover up to 100% of store employee's salary levels if needed by them or their families after death or disability due to illness or injury related causes . Additionally , 75 %of U . S . store management team began as hourly workers , creating 34349 jobs within 2019 itself along with 91000+ employment opportunities in Texas only . Moreover , it rewarded 730 Million dollars cash bonus towards its hourly employees last year & provided access to mobile app ‘Even’ (for financial wellness)to 1 point 4 Million US based Employees too .
Walmart Employment Statistics Overview
Walmart operates over 4,740 retail stores in the United States.
This statistic is a testament to the sheer size and scope of Walmart's operations in the United States. It speaks to the company's immense presence in the retail landscape and its ability to provide employment opportunities to a large number of people. It is a key factor in understanding the impact Walmart has on the US economy and the employment opportunities it provides.
Walmart's average hourly wage for full-time employees in the U.S. is $14.26.
The fact that Walmart's average hourly wage for full-time employees in the U.S. is $14.26 is a key indicator of the company's commitment to providing fair compensation for its workers. This statistic is an important piece of the puzzle when it comes to understanding the overall employment landscape at Walmart. It provides insight into the company's dedication to providing a livable wage for its employees, and can be used to compare Walmart's wages to those of other companies in the same industry. This statistic is an essential part of any discussion about Walmart's employment statistics.
Walmart plans to spend $400 million in fiscal 2021 on initiatives to reduce employee turnover/retention.
This statistic is a clear indication that Walmart is taking proactive steps to ensure their employees are staying with the company. By investing in initiatives to reduce employee turnover, Walmart is demonstrating their commitment to creating a positive work environment and providing employees with the resources they need to succeed. This investment is a sign that Walmart is dedicated to creating a workplace that values and respects its employees.
Walmart's employee turnover rate is about 44%, which is lower than the retail industry average of 60%.
This statistic is a testament to Walmart's commitment to creating a positive work environment for its employees. It shows that Walmart is doing something right when it comes to employee retention, as their turnover rate is significantly lower than the retail industry average. This indicates that Walmart is providing its employees with a workplace that is attractive and rewarding, which is a great sign for potential job seekers.
Walmart spends about $4 billion annually on employees' training and development.
The fact that Walmart invests such a large amount of money into employee training and development speaks volumes about their commitment to their employees. It shows that they are willing to invest in their employees and provide them with the resources they need to succeed. This investment in their employees is a key factor in why Walmart is one of the most successful companies in the world. It is also a testament to the quality of the employees that Walmart hires and the dedication they have to their job.
As of 2021, Walmart employs more than 14,500 veterans as part of their 'Veterans Welcome Home' commitment.
This statistic is a testament to Walmart's commitment to supporting veterans and their families. It speaks to the company's dedication to providing meaningful employment opportunities to those who have served our country. It also highlights the company's commitment to giving back to the community and providing a pathway to success for those who have sacrificed so much for our nation.
Walmart offers insurance coverage levels of 50%, 75%, and 100% of store employee's salary as an optional life insurance benefit.
This statistic is indicative of Walmart's commitment to providing its employees with a comprehensive benefits package. By offering three different levels of life insurance coverage, Walmart is demonstrating its dedication to helping its employees protect their families in the event of an unexpected death. This speaks to the company's commitment to its employees and their well-being, making it an important part of the overall Walmart employment statistics.
75% of Walmart's U.S. store management team began as hourly employees.
This statistic speaks volumes about Walmart's commitment to promoting from within. It demonstrates that Walmart values the hard work and dedication of its hourly employees, and rewards them with the opportunity to advance their careers. This statistic is a testament to Walmart's commitment to providing employees with the opportunity to grow and develop within the company.
More than 200,000 Walmart employees have benefited from the company's Live Better U education program as of July 2021.
This statistic is a testament to the success of Walmart's Live Better U education program, demonstrating the company's commitment to providing its employees with the opportunity to further their education. It is a clear indication that Walmart is dedicated to helping its employees reach their educational goals and build a better future for themselves. This statistic is a powerful reminder of the positive impact Walmart has had on the lives of its employees and the communities it serves.
Walmart's share of the total number of jobs in the U.S. retail sector is estimated at 8.9%.
This statistic is a telling indication of Walmart's influence in the U.S. retail sector. It demonstrates that Walmart is a major player in the industry, and that its presence is felt in the job market. This statistic is important to consider when discussing Walmart's employment statistics, as it provides a snapshot of the company's impact on the retail sector.
Walmart employs over 91,000 people in retail operations in Texas alone.
This statistic is a testament to the sheer magnitude of Walmart's presence in Texas. It speaks to the company's commitment to providing employment opportunities to Texans, and the impact it has had on the state's economy. It also serves as a reminder of the importance of Walmart as a major employer in the region.
Walmart's cash bonus program rewarded over $730 million to their hourly employees in 2020.
This statistic is a testament to Walmart's commitment to their hourly employees, demonstrating that they are willing to invest in their workforce and reward them for their hard work. It is a powerful reminder that Walmart values their employees and is dedicated to providing them with the resources they need to succeed.
About 1.4 million Walmart employees in the United States have access to a mobile app called 'Even' to help manage their finances.
This statistic is a testament to the commitment Walmart has to its employees' financial well-being. By providing access to a mobile app like 'Even', Walmart is demonstrating that it is invested in helping its employees manage their finances and make informed decisions. This is a powerful statement that speaks to the company's dedication to its employees and their financial security.
Walmart employs over 16,000 associates in Canada.
This statistic is a testament to Walmart's commitment to providing employment opportunities in Canada. It speaks to the company's dedication to creating jobs and contributing to the Canadian economy. It also highlights the fact that Walmart is a major employer in the country, providing a significant number of jobs to Canadians.
Walmart provides a 10% discount on regularly-priced merchandise for their employees.
The fact that Walmart offers a 10% discount on regularly-priced merchandise to their employees speaks volumes about the company's commitment to its workforce. It shows that Walmart values its employees and is willing to reward them for their hard work and dedication. This discount is a tangible benefit that can help employees save money on everyday purchases, making it an attractive perk for potential job seekers.
Walmart employs around 14,000 people in its eCommerce division.
This statistic is a testament to Walmart's commitment to the digital age, demonstrating their dedication to providing a comprehensive online shopping experience. It also speaks to the company's commitment to creating jobs and providing employment opportunities to a wide range of people. This statistic is a key indicator of Walmart's success in the eCommerce space and its ability to remain competitive in the ever-evolving digital landscape.
In 2018, Walmart announced it would increase the starting wage for employees to $11 per hour.
This statistic is a testament to Walmart's commitment to providing its employees with a livable wage. By increasing the starting wage to $11 per hour, Walmart is demonstrating its dedication to the well-being of its employees and their families. This is an important step in the right direction for Walmart and its employees, and it is a statistic that should be celebrated.
Conclusion
Walmart is one of the largest employers in the world, with over 2.2 million associates worldwide and 1.5 million employees in the United States alone. Walmart operates more than 4,740 retail stores across America and offers an average hourly wage for full-time employees of $14.26 per hour as well as a 10% discount on regularly priced merchandise for their staff members. The company has invested heavily into initiatives to reduce employee turnover/retention such as spending $400 million in fiscal 2021 and providing access to financial wellness programs like 'Even'.
Additionally, Walmart employs around 14,000 people in its eCommerce division and created 34,349 jobs within the U.S during 2019 alone while also offering job opportunities specifically tailored towards veterans through their ‘Veterans Welcome Home’ commitment program which currently employs more than 14500 veterans nationwide.
It's clear that Walmart values its workforce by investing both financially and emotionally into them; this is evidenced by their cash bonus program rewarding over $730 million to hourly workers last year along with 75% of store management team beginning from entry level positions at some point throughout their career path at Walmart - showing how much potential there can be when working hard under this global giant.
References
0. - https://www.businessinsider.com
1. - https://www.walmartcanada.ca
2. - https://www.careers.walmart.com
3. - https://www.cnbc.com
4. - https://www.npr.org
5. - https://www.statista.com
6. - https://www.supermarketnews.com
7. - https://www.one.walmart.com
8. - https://www.forbes.com
9. - https://www.corporate.walmart.com
