Walmart’s biweekly payroll schedule ensures timely and accurate compensation for its employees. With various payment options and support programs like Instapay, Walmart aims to offer flexibility and financial stability to its workforce.
Walmart, one of the largest employers in the United States, operates an extensive payroll system to manage the compensation of its vast workforce. The payroll schedule is crucial for employees as it determines how and when they receive their earnings. Here’s a comprehensive look at Walmart’s payroll schedule in the USA.
Biweekly Pay Schedule
Walmart pays its employees on a biweekly basis. This means that employees receive their wages every two weeks. Typically, the pay periods start on a Saturday and end on the second Friday. Employees are then paid the following Thursday.
Walmart uses a bi-weekly pay schedule for its employees in the USA. This means you get paid every two weeks. Here’s a breakdown of their pay periods:
- Pay Period: This is the two-week span during which your hours are tracked. Typically, it starts on a Saturday and ends on the second Friday following.
- Payday: This is the day you receive your paycheck, usually the Thursday after the pay period ends.
For example, if a pay period starts on May 11th and ends on May 24th, you would expect to receive your paycheck on Thursday, May 30th.
Pay Periods and Paydays
- Pay Period: Two weeks during which work hours are recorded.
- Payday: The day employees receive their wages. Usually, it is on Thursday following the end of a pay period.
Payroll Process
- Timekeeping: Employees use Walmart’s timekeeping systems to clock in and out. This ensures accurate recording of hours worked.
- Payroll Processing: After the pay period ends, Walmart’s payroll department processes the hours worked, calculates earnings, and applies any deductions.
- Distribution of Paychecks: Employees can receive their earnings through direct deposit, paper check, or a Walmart MoneyCard.
Direct Deposit and Alternatives
Most employees opt for direct deposit, the fastest and most secure way to receive wages. Funds are electronically transferred to the employee’s bank account on payday. For those who prefer other methods, Walmart offers:
- Paper Checks: Mailed to the employee’s address or available for pickup at the workplace.
- Walmart MoneyCard: A prepaid debit card that can be used for purchases and ATM withdrawals.
Walmart Payroll Calendar 2024
2024 biweekly pay schedule
Highest Paying Jobs at Walmart
Rank | Job Title | Average Walmart Salary | Hourly Rate |
|---|---|---|---|
| 1 | Software Engineer | $123,821 | $59.53 |
| 2 | Co-Manager | $58,417 | $28.09 |
| 3 | Inventory Management Specialist | $54,494 | $26.20 |
| 4 | Department Manager | $45,665 | $21.95 |
| 5 | Customer Service Manager | $42,713 | $20.54 |
| 6 | Stock Unloader | $37,134 | $17.85 |
| 7 | Zone Merchandise Supervisor | $36,953 | $17.77 |
| 8 | Forklift Operator | $35,817 | $17.22 |
| 9 | Merchandising Supervisor | $34,874 | $16.77 |
| 10 | Warehouse Worker | $34,650 | $16.66 |
| 11 | Pharmacist Technician | $33,083 | $15.91 |
| 12 | Inventory Control Specialist | $32,574 | $15.66 |
| 13 | Optician | $32,310 | $15.53 |
| 14 | Order Filler | $32,213 | $15.49 |
| 15 | Truck Unloader | $32,180 | $15.47 |
| 16 | Cart Pusher | $31,698 | $15.24 |
| 17 | Overnight Stocker | $30,920 | $14.87 |
| 18 | Night Stocker | $30,846 | $14.83 |
| 19 | Customer Service Representative | $30,530 | $14.68 |
| 20 | Cake Decorator | $30,486 | $14.66 |
Advances and Early Pay Options
To help employees manage their finances more effectively, Walmart introduced a program called “Even,” which allows employees to access a portion of their earned wages before the regular payday. This service, known as Instapay, enables employees to withdraw up to 50% of their wages during the current pay period. This can be especially helpful for covering unexpected expenses.
Overtime and Bonuses
Employees who work 40 hours a week are entitled to overtime pay, calculated at one and a half times their regular hourly rate. Additionally, Walmart offers various bonuses and incentives, such as performance-based bonuses and holiday pay, typically included in the paycheck following the period they were earned.
Benefits and Deductions
Walmart provides various benefits, including health insurance, 401(k) retirement plans, and employee discounts. The costs associated with these benefits, taxes, and other mandatory deductions (e.g., Social Security, Medicare) are deducted from employees’ gross pay.
Walmart Store Popular Location
- Bentonville, Arkansas
- San Francisco, California
- Sunnyvale, California
- Dallas, Texas
- San Bruno, California
- New York, New York
- Houston, Texas
- Atlanta, Georgia
- Orlando, Florida
- Fort Worth, Texas
How much does Walmart pay its employees?
Walmart’s pay varies depending on the position and location, but here’s a general idea:
- Average: The average hourly rate for Walmart’s U.S. frontline associates is over $17.50, according to the company.
- Range: Zippia reports a broader range, with an average salary of $31,618 annually, anywhere from $19,000 to $50,000 annually.
- Per position: Salary can differ significantly based on the role. For instance, software engineers make considerably more than cashiers.
Sources to learn more about Walmart’s Salary:
- Walmart Careers: https://careers.walmart.com/
- Zippia Walmart Salaries: https://www.ziprecruiter.com/Salaries/Walmart-Employee-Salary
