WASHINGTON (AP) You can get a bonus from a bank and a bonus at Walmart if you spend more than $100 million in a year, according to a new report from financial consulting firm Edelman.
The report said Walmarts annual bonus program, called the Earned Cash Advances, offers a $500 bonus for spending $1 million or more in a calendar year.
That means a person with an annual spending of $100k can get up to a $50,000 bonus.
That’s more than double the $100 minimum wage and more than twice the $30,000 federal minimum wage.
It’s not clear how many people in the country can qualify for the bonus, Edelman’s report said.