Wal-Mart says it will create 22K jobs in '09

BENTONVILLE, Ark. -- Those positions include plenty of cashiers and stock clerks, but the world's largest retailer will also be adding store managers, pharmacists and personnel workers.

Wal-Mart is holding its annual shareholders meeting on Friday, and employees from its stores around the world are spending the week in Bentonville at company headquarters.

Wal-Mart, still the target of criticism from union-backed groups for its pay and benefits, has improved its health insurance coverage and opened it to full- and part-time employees. The company says 94% of its employees have health coverage, either through Wal-Mart or another family member.

"At Wal-Mart, we offer competitive pay and benefits and real opportunities for our associates to advance and build careers," Wal-Mart Vice Chairman Eduardo Castro-Wright said. "Job creation is just one way in which we're working hard every day to help people across this country live better."

Other employee benefits include a 401K plan, stock purchase and discounts for workers making in-store purchases.

"During this difficult economic time, we're proud to be able to create quality jobs for thousands of Americans," Castro-Wright said.

Earlier this year, the company shared more than $2 billion with its workers through bonuses, profit sharing and payments into the company 401(k) plan.

Wal-Mart has more than 2.1 million employees in the U.S. and abroad. The company had sales last fiscal year of $401 billion.

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