Good Jobs & Advancement for Associates

1. Data includes both hourly and management promotions and excludes Walmart Home Office promotions.

2. Promotions in FY2021 represented a significant departure from usual levels as we moved Walmart U.S. Stores to a new “teaming” structure. Promotions have averaged 195,000/year over the five years ending with FY2023.

3. U.S. metrics include all 50 states but exclude Puerto Rico. U.S. non-management metrics include all hourly associates, excluding temporary associates.

4. U.S. metrics include all 50 states but exclude Puerto Rico. U.S. management metrics include all salaried, exempt associates.

5. U.S. metrics include all 50 states but exclude Puerto Rico. U.S. officer metrics include president, executive vice president, senior vice president, and vice president positions.

6. Compared to our reporting of this metric in FY2021, we believe the significant increase in the proportion of LBU students who identify as people of color in FY2022 is in part due to the removal of the $1/day fee in FY2022 and the addition of strategic partners such as Morehouse College, North Carolina A&T University, Spelman College, and the University of Arizona.

7. The calculation excludes the following associate types: Home Office, pharmacists, on-site-clinics, drivers, management trainees, and temporary associates.

8. For full- and part-time associates when eligible.

9. The calculation excludes the following associate types: Home office associates, pharmacists, on-site-clinics, drivers, management trainees and, temporary associates. Average total compensation includes average hourly pay, other compensation, and benefits per hour for full- and part-time associates. This does not include special cash bonuses or paid leave related to COVID-19.

10. U.S. metrics include all 50 states but exclude Puerto Rico. U.S. management metrics include all salaried, exempt associates.

11. The calculation excludes the following associate types: Pharmacists, on-site-clinics, drivers, management trainees and, temporary associates.

12. Salaried and truck driver associates: Eligible as of hire date. Full‑time hourly associates: Eligible following 12 months of service. Part-time and temporary associates: Not eligible.

13. Wage metrics in the table exclude the following associate types: Home Office associates, pharmacists, on-site-clinics, drivers, management trainees, and temporary associates.

14. The average hourly starting rate is calculated as the average hourly wage of U.S. associates that joined in the preceding six months. Starting wage ranges were $12-$32/hour (Walmart U.S.), $15-$32/hour (Sam’s Club U.S.), and $16-$30 (supply chain). The minimum starting wage rate was increased to $14/hour in Walmart U.S. in February 2023.

15. Average total compensation includes average hourly pay, other compensation and benefits per hour for full and part time associates. This does not include special cash bonuses or paid leave related to COVID-19.

16. This segment includes Walmart U.S. stores and supply chain.

17. This segment includes Sam’s Club clubs and supply chain.

18. Supply chain includes associates who work in distribution and fulfillment centers but excludes drivers.

19. Full- and part-time Walmart U.S. associates receive the discount card after 90 days of employment.

20. According to BLS, 69% of retail workers have access to employer-sponsored defined contribution retirement plans, whereas 100% of Walmart associates have access to such a plan through our 401(k).

21. All U.S. associates meeting age requirements are eligible to participate.

22. Award types and grant values are dependent upon the recipient’s pay band structure or position pay range as stated in the plan documents.

23. Per BLS, 53% of retail workers have access to employer-sponsored healthcare as of 2022.

24. See Figure 6.4, 2022 Kaiser Family Foundation Health Benefits Annual Survey.

25. Full-time and part-time U.S. hourly associates are eligible on their first day. Full-time and part-time salaried associates up to the market level are also eligible.

26. Launched April 2021.

27. Figure represents the number of associates who demonstrated enhanced English language proficiency as determined by performance on English proficiency assessments.