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Stockreport

Walmart deploys new emergency leave policy after Kentucky associate tests positive for coronavirus [CNBC]

Walmart Inc. (WMT)  More Company Research Source: CNBC
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The retailer also said it has "reinforced our cleaning and sanitizing protocol, and, with the support and encouragement of the state government, the [Kentucky] store remains open." "We all know we are in unprecedented times," Adam Stavisky, senior vice president of Walmart U.S. benefits told CNBC. "Walmart is looking to see how we can best support our associates ... we are implementing first of our kind benefits for associates." There are three major scenarios Walmart outlines for the new emergency leave policy to apply. The first allows employees to stay home if he or she is unable to work or feels "uncomfortable" at work, by waiving its attendance policy through the end of April. While the normal attendance policy will not be enforced in this circumstance, in order to have the leave paid, associates must use their regular paid time off options. Second, if a store, club, office or distribution center fall under a mandated quarantine by either the government or Walmart, or if an indiv [Read more]
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Stockreport

Walmart deploys new emergency leave policy after Kentucky associate tests positive for coronavirus [CNBC]

Walmart Inc.  (WMT) 
More Company Research Source: CNBC
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The retailer also said it has "reinforced our cleaning and sanitizing protocol, and, with the support and encouragement of the state government, the [Kentucky] store remains open." "We all know we are in unprecedented times," Adam Stavisky, senior vice president of Walmart U.S. benefits told CNBC. "Walmart is looking to see how we can best support our associates ... we are implementing first of our kind benefits for associates." There are three major scenarios Walmart outlines for the new emergency leave policy to apply. The first allows employees to stay home if he or she is unable to work or feels "uncomfortable" at work, by waiving its attendance policy through the end of April. While the normal attendance policy will not be enforced in this circumstance, in order to have the leave paid, associates must use their regular paid time off options. Second, if a store, club, office or distribution center fall under a mandated quarantine by either the government or Walmart, or if an indiv [Read more]
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