Walmart is increasing pay, bonus and stock awards for market managers that can bring their total annual compensation to more than $600,000, the retailer told Axios Thursday. Why it matters: It's the ...
The retailer’s market managers oversee multiple stores within a region. According to the report, their annual base pay is also being increased to $160,000 per year, up from $130,000, and the maximum ...
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Walmart raises bonuses and stock awards for regional store managers to up to $600,000 as employers struggle to fill roles, while reducing perks for office staff.
Some top market managers who oversee roughly a dozen stores will now make more than 600 thousand dollars per year. The entry rate for that position has increased about 25% to 160 thousand annually.
The Wall Street Journal says the move demonstrates "how their jobs of running a collection of stores have become more critical to the company’s success." ...