I know my company has made record profits since this has all started. I've been compensated with an extra raise, and multiple $100 gift cards. A lot of the younger generation in my company are crying about how its a gift card for our company and not to use whatever they want. But in reality, it is. I mean you HAVE to buy groceries, even if you eat out 3 times a day... you need TP and detergent. Now that's money you don't have to spend on groceries, and can spend how you want. With how irresponsible this generation is, it's helping them more than they know probably. If they got a cash card they'd spend all the money on dumb shit along with their grocery money and then cry how they're starving and they aren't making a living wage. These people can't see the benefit in long term investment. They see Walmart and Target giving out cash bonuses, while we got an extra raise on top of the 2 we already get per year. I'll take the raise, the bonus is nice but the raise has way more longevity. I rather get paid more for what I do than get a one time pay out. We're already closed on thanksgiving, Christmas, and even Easter. We get free company stock based off how many hours we've worked. You can literally work as a peon if you could afford to for 30 years and become a millionaire if you play your cards right with minimum effort. There are people that never bought extra stock and just accumulated what they earned for free and have $90k dividend checks. So yeah, while giving out gift cards for your own company can be seen as just a big tax write off.. in reality its serving a dual purpose.
Walmart closing on Thanksgiving is hilarious, like it's something special. My former company started doing it last year only because my current company moved into the state and has been doing it for years. At one point my former company was trying to justify opening on Christmas as well. It was volunteer only for double pay. They lost money every year but was waiting for the one year they made a profit so they could say it was mandatory every year. Walmart only did this because of the profits and because everyone else is doing it. There has been a big push over the last few years to pressure companies to close on Thanksgiving. In this industry its nice to have more than 1 guaranteed day off a year.