Walmart Canada, which operates more than 400 stores, has declared a C$46m ($32m) investment aimed at increasing pay and enhancing benefits for eligible supply chain associates.
The move represents a continuation of the retailer’s commitment to investing in its workforce through competitive wages, comprehensive benefits, skills training and education offerings at no cost to associates.
In early 2024, Walmart Canada had already announced C$145m in new investments targeted at improving wages across logistics, fleet and retail sectors.
Walmart Canada chief people officer AnnMarie Mercer said: “Walmart Canada is people-led and we’re proud to offer competitive wages and some of the best benefits plans in the Canadian market.
“Investing in our people is critical to making sure we continue to attract great associates who want to stay and grow with us.”
Regular compensation reviews are a strategic component of Walmart Canada’s approach to fostering quality employment opportunities with attractive remuneration.
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By GlobalDataThe total compensation package for Walmart Canada associates extends beyond wages. It includes annual bonuses tied to company performance, comprehensive health coverage — including enhanced prescription drug coverage, dental care, fertility treatments and mental health services — and access to free virtual care and wellbeing programmes via TELUS Health.
Associates also receive a 10% discount on groceries and merchandise, a deferred profit-sharing retirement plan and a discounted stock purchase programme.
Walmart Canada supply chain VP Matt Kelly said: “Walmart Canada has a best-in-class supply chain and our associates are critical to helping us serve our customers.
“This newest investment underlines our deep appreciation for our associates’ consistent hard work and dedication.”
Further illustrating its commitment to workforce development, Walmart Canada has prioritised investments in skills training and education with no cost burden on the associate.
In September 2023, the retailer underscored its pledge to equip associates with skills for future job roles through the Live Better U educational programme.
The initiative covers all expenses for tuition and books for courses relevant to current business needs and future growth. 3,000 associates have benefited from the programme so far.
In September 2024, Walmart Canada announced an additional frontline investment of C$92m ($68.39m) in wage increases for its employees.