Wal-Mart Giving Average Hourly Employee $667 In Bonuses

An average Wal-Mart hourly employee will receive $667 dollars in bonuses. The total amount of Wal-Mart bonuses to employees is $933M.

According to Click Orlando "The $2 billion includes 401k contributions, about $1 billion in profit-sharing, millions of dollars in merchandise discounts and $933 million in bonuses. The average cash bonus for employees will be $667. "I think it's a very good thing. They're helping out people," a Wal-Mart shopper said."

I think this is a very good move by Wal-Mart amid the controversy that is surrounding the AIG retention bonuses. By the way it looks like AIG executives who received those multi-million dollar bonuses are slowly giving it back.

In the backdrop of the AIG controversy do you think Wal-Mart is doing the right thing or is making a good face? I think both. However, in any case we finally see some bonuses that make sense as Wal-Mart is giving workers $933 million. These are not just workers, but hourly workers, which is a sign of showing a face that is more caring and determined on the part of Wal-Mart.