Walmart debuts gym memberships for ‘$9 a paycheck’
Employees can access 9,000 facilities in all 50 states
The average gym membership costs about $700 annually. Walmart’s is a lot cheaper.
The retailer, which brought in $514 billion in revenue in 2019, announced it’s rolling out gym memberships to its 1.5 million U.S. employees and their families starting a $9 a paycheck, which is about $234 a year based on 26 paychecks annually.
A Walmart spokesperson confirmed to FOX Business that employees are paid bi-weekly.
Users can visit Walmart’s gym page to find access to 9,000 facilities in all 50 states.
DELTA GIVING AWAY $1.6B IN BONUSES ON VALENTINE’S DAY
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WMT | WALMART INC. | 92.64 | +0.14 | +0.15% |
“We’re committed to providing associates and their families access to high-quality medical coverage along with tools and resources to manage their health and well-being,” Senior Vice president of U.S. Benefits Adam Stavisky said in a statement “The Walton Life Fitness Pass is another example of how we’re working to help our associates and their families.”
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Walmart’s gesture is not uncommon for big companies that want to keep their employees happy. Earlier this week, airline Delta announced it would give its 90,000 employees a bonus worth about two months’ salary on Valentine’s Day, a total value of $1.6 billion.
Walmart’s stock is up more than 17 percent on the year.
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