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Some Walmart managers They are receiving a salary increase, increasing their total compensation, including actions and bonuses, more than $ 600,000.
The largest private businessman in the country is increasing the salary range of its market managers, which supervise store managers at a dozen locations, from 130,000 to $ 260,000 to $ 160,000 to $ 260,000. However, Walmart said that most of the 440 U.S. market managers are already within the new pay range.
The company also increases its annual stock grant from $ 75,000 to $ 100,000 and increases its bonus potential to 100% of their salary. This is more than 90%.
In total, it is about $ 620,000.
Walmart Change Titles, Payment Structure of Corporate Staff
“Walmart is increasing basic salary, bonus opportunities and annual actions for our market managers,” Walmart said in a statement, adding that the role is “key to our business and to attend to Our clients as they do. ”
An employee gathers shopping carts in Walmart on July 22, 2020 in Burbank, California. (Robyn Beck / AFP through Getty Images) / Getty Images)
The changes will take effect at the beginning of the 2026 tax year, which means that the 100% bonus potential will be reflected in their payment of March 2025. Employees will also get the grant of actions of $ 100,000 l. ‘April 2025, according to Walmart.
This is the last of a series of investments that the company has done in its time and salaried functions that began in 2015. It also comes after a solid increase in wages and strong growth of retail sales In December, when American businessmen hired more workers in a generally tight labor market.
| Ticker | Safety | Back | Shift | % of change |
|---|---|---|---|---|
| Wmt | Walmart Inc. | 93.81 | +0.58 |
+0.62% |
As Walmart is winning with more Ingresos buyers
Earlier this week, the company announced that US store administrators would increase in February.
This is the last of a series of investments that the company has done in its time and salaried functions that began in 2015. (Patrick T. Fallon/Bloomberg through Getty Images/Getty Images)
From February 1, the current average salary of $ 117,000 store directors will rise to $ 128,000, said the retail giant. In addition, the annual bonus could reach 200% of the base salary, if the managers meet certain goals and metrics of profits.
The company also launched a new bonus program for the associates per hour of the store.
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From February 1, the current average salary of $ 117,000 store administrators will rise to $ 128,000. (Michael Ciaglo/Getty Images/Getty Images)
The minimum wage of Walmart To the whole company is $ 14 an hour, although the initial payment can reach $ 19 an hour depending on the shop location.
Fox Business Chris Pandolfo contributed to this report.
