Over the past several years, we have made wage investments for our U.S. hourly associates, and the average total compensation and benefits for hourly associates, including increases for more that 565,000 store associates in September 2021. The average total compensation and benefits for hourly U.S. associates exceeds $19, and our hourly associates received more than $2.8 billion in quarterly and special bonuses in 2020.
While pay is important to our associates, they have told us it’s just one part of the equation. Based on associate input, we have added new benefits like paid time off, advanced job training, paid family leave of up to 16 weeks for our birth mothers, an adoption benefit that pays associates $5,000 per child to cover costs, and an education program that allows associates to earn a college degree for free
As the world’s largest retailer, we understand the importance of workforce development. We are continually investing in our associates and encouraging them to advance their own careers. In fact, in FY21, we promoted more than 300,000 people to jobs of greater responsibility and higher pay. In addition, we converted nearly 157,000 associates from part-time to full-time positions in FY20.
Walmart U.S. recently announced that approximately two-thirds of our Walmart U.S. hourly store associates will soon be in full-time roles. Reaching the two-thirds mark means we will have approximately 100,000 more full-time positions than we did five years ago. This is one more piece of our broader approach to our associate investment with consistent, predictable schedules, working as a team, great benefits, training and upskilling, and creating pathways to grow a career at Walmart.
These are a few of the reasons that associate retention has improved in a highly competitive job market. In fact, turnover in our stores is down by 15 percent over the past five years.
Simply put: We want to see our associates thrive. We mean it when we say our people make the difference.