N WELL‑BEING O TI We design jobs and offer benefits that support the financial, business format (e.g., Neighborhood Markets, Sam’s Clubs, C U physical and emotional well-being of our associates. Supercenters, eCommerce fulfillment centers and supply D O chain warehouses). We continue to invest in higher pay for NTR our associates, which has increased our average hourly wage I FINANCIAL WELL‑BEING 19 In the United States, we offer competitive total compensation to over $16.50 as of the end of FY2022. As we continue to Y roll out our team-based operating model in U.S. stores, we’ve T and benefits packages that provide paid time off (including I N sick leave to full- and part-time associates; up to 16 weeks’ invested in higher-paying roles and increased pay for more than TU 1 million hourly store associates in FY2022, including raises for R 15 O leave for birth mothers who are full-time associates ); 401(k) P associates who work in the digital, stocking, front end, food and P contribution plans for full- and part-time hourly associates O consumables and general merchandise areas of our stores. We 16 that offer a 6% match after one year (the average enrollment also offer predictable yet flexible scheduling. Associates get Y was approximately 700,000 in FY2022); and stock ownership their schedules at least two weeks in advance and can opt to T 17 I plans with a company match of up to $270 per plan year (in IL work the same shift with their teams for at least 13 weeks. This B FY2022, 38% of our active full-time and salaried U.S. associates A model provides for consistent scheduling for up to 40 hours IN participated in at least one of Walmart’s stock ownership A per week, helping associates to know what to expect in their ST 18 U programs ). S paychecks. At the same time, associates can swap shifts or pick In the U.S., our wage structure reflects varied market rates up extra shifts, giving them greater flexibility and ownership Y associated with each role, our geographic footprint and our over their schedules. IT N U M OM C Avg. total hourly 19 Segment Avg. hourly wage 20 Peer comparison Y compensation T I R Grocery chains, multicategory G 21 E Walmart U.S. >$16.50 >$21.25 retailers, dollar stores NT I & S Sam’s Club U.S.22 >$17.25 >$22.50 Warehouse clubs C I TH E Supply Chain only (Walmart 23 >$23.75 >$32.00 eCommerce fulfillment U.S. and Sam’s Club U.S.) 17 19 The average hourly wage in the U.S. is over $17 per hour as of the end of Q1 FY2023.
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