Does Walmart Give Raises? (Pay Increases, Bonuses + More)

Do you know if Walmart will give raises? Well, you are at the perfect place to find the answer to such a question.

You may be looking for a job that will pay well and be worth investing your time in. You don’t want to work somewhere that will pay you the same starting amount with no possibility of higher pay. Walmart offers a range of different jobs to work and great starting pay, but do they give raises?

Walmart does give raises to its employees based on performance evaluations and the amount of time they have spent with the company. Within the past few years, Walmart has raised most of its workers’ hourly pay substantially to compensate for rising prices in the economy.

In this article, we will cover how often you can get a raise working for Walmart as well as how much of a raise to expect.

Additionally, we will review whether or not it’s a good idea to ask for a raise and how to put yourself in a position to qualify for a raise at Walmart.

Table of Contents

How Often Do You Get a Raise Working for Walmart?

Most Walmart employees get a raise on a yearly basis after their evaluations. Performance evaluations usually occur on a quarterly or twice a year schedule.

You may qualify for a raise after each evaluation, but most Walmart employees receive the minimum of an annual raise.

Most retail stores fall in line with yearly raises in order to keep up with economic growth and ensure their employees are paid a livable wage.

Walmart used to dispense quarterly bonuses for their employees but has ceased that practice instead choosing to raise their employees’ regular wages significantly.

How Much Are Raises at Walmart?

The amount of money you get for a raise working at Walmart depends on your job description and the department you work in.

All Walmart employees recently received an increase in hourly pay so that the lowest-paid workers are making $12 per hour. Some employees start off at $30 an hour.

Walmart generally keeps up with the average 3% raise per year so that the lowest yearly raise is between 30 and 40 cents per hour and the highest falls around 90 cents per hour. How much you earn also depends on your performance.

Those who excel and go above and beyond the call of duty may receive a higher raise than workers who just do the bare minimum.

Can You Ask for a Raise from Walmart?

You can ask for a raise if you work at Walmart, but that doesn’t necessarily mean they will give you one. If you want to put yourself in a position to ask for a raise and receive a positive response, make sure you have your timing down.

If they are letting people go because of financial issues are having trouble with the budget, you may want to hold off.

The right time to ask for a raise would be around the time of evaluations. Be sure to make yourself stand out by going the extra mile to impress your supervisors.

They will be paying extra attention to those who are excelling and want to be able to reward you for your hard work.

If you are commended for a special project or a particular job well done, it may be an appropriate time to ask for a raise.

Just remember to be polite and respectful, and if your request is denied, it may not be due to your lack of effort so don’t take it personally and ask how you can improve to qualify for a raise.

How Do You Qualify for a Raise at Walmart?

Walmart gives raises to all of its employees on a yearly basis, but the key to qualifying for a higher raise is the effort and work you put into the company.

If you want to maximize the amount of money you receive in your Walmart raise, go above and beyond the call of duty. Show that you are dedicated to the company and the company will reward you.

Be flexible enough in your position that if an opening in another department – maybe a better paying one – pops up, you can easily transfer.

If you are singled out by management as management potential, run with it. Do everything you can to move up the ladder. As your employment status increases so do your pay and your annual raises.

Conclusion

If you start working for Walmart, don’t worry about stagnant pay. Walmart gives raises to its employees at least once a year.

It used to provide quarterly bonuses as well, but that program has been canceled in favor of a higher paying minimum wage.

The amount of money you earn as a raise from Walmart depends on the department you work in, the position you hold, and the effort you put into your job. Most employees receive an average retail raise of 3% so annual raises at Walmart usually vary between 30 and 90 cents per hour.

You can always ask for raise if you work at Walmart, but to help ensure success you must have the right timing and put yourself in a position that will make your supervisors want to give you a raise.

If you are looking to achieve higher pay at Walmart, consider switching departments if job openings occur or put yourself on a path to climb up the management ladder.

There are many ways to increase your pay at Walmart; you just have to be willing to work for them!

References

https://www.glassdoor.com/FAQ/Walmart-Question-FAQ200103-E715.htm

https://www.cnbc.com/2021/09/09/walmart-ends-quarterly-bonuses-as-it-raises-employees-hourly-pay.html