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Wal-Mart

Wal-Mart at 27th and Superior streets.

Walmart said its Nebraska employees this week collectively received around $5 million in bonuses.

The world's largest retailer announced in January that it would increase pay and give out bonuses of up to $1,000 to nearly 900,000 U.S. employees.

The bonuses are tied to both the Walmart's fourth-quarter performance as well as its savings from a corporate tax rate cut.

The bonuses were given on a sliding scale based on years of service, with those with less than two years of service getting $200 and those with 20 or more getting $1,000.

Those who got a raise when Walmart raised its starting pay level from $9 an hour to $11 an hour in February were not eligible for the bonuses.

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Business editor/reporter

Matt Olberding is a Lincoln native and University of Nebraska-Lincoln graduate who has been covering business for the Journal Star since 2005.

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