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Walmart will pay more than $600,000 a year to some top managers

  • Walmart will pay some top managers as much as $620,000 annually, which is part of a broader pay raise from the retail chain.
  • The starting base pay for market managers is increasing nearly 25% to $160,000, with bonuses and stock awards contributing to total compensation.
  • Walmart's sales at US stores open for at least a year grew about 5% last quarter, and profits increased by 8%.
  • The company has introduced a new bonus program for hourly employees based on years of service, allowing bonuses up to $1,000 for long-term employees.
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Quartz broke the news in United States on Thursday, January 23, 2025.
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