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Previously, the pay range for store managers was between $65,000 and $170,000, it said. It will now change to be between $90,000 and $170,000, based on the store format that the manager runs.
CEO Doug McMillon was paid $24.1m in 2023 – about 933 times the median salary of a Walmart employee Walmart managers get raise to $128,000 a year Skip to main content
Combined with a previously announced new average salary of $128,000 and the ability to earn up to 200% of that salary in bonuses, a Walmart manager could earn as much as $404,000 a year.
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The range of salaries for store employees will also climb to $14 to $19 an hour, from $12 to $18 an hour. About 340,000 store employees will get a raise, representing 21% of Walmart’s 1.6 ...
Walmart's updated pay structure sent another signal to Wall Street that the labor market appears to be shifting. In mid-July, Walmart changed the way it pays entry-level workers.
Walmart, the nation's largest private employer, is making adjustments to its pay scale that will mean some new store workers, like those fetching online orders, begin at a lower hourly pay rate ...
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