A specific Wal -Mart Manager has obtained a pay bump and pushes over $ 600,000, including stock subsidies and bonuses.
The largest private employer in Japan has raised the salary range of the market manager, which covers the store manager in about 12 places, from $ 130,000 to 260,000 to $ 160,000 to 260,000.
However, Wal -Mart said that most of the 440 market managers in the United States are already within a new wage range.
The company has also raised annual stock subsidies from $ 75,000 to $ 100,000, increasing bonus potential to a maximum of 100 %. It has risen from 90 %.
As a whole, it is about $ 620,000 in total.
“Wal -Mart is increasing the basic salary, bonus opportunities, and annual stock prizes of market managers,” said Wal -Mart, “said Wal -Mart, saying,” The key to our business and customer services, but will shop. “
This change will be valid at the start of 2026. This means that the payment in March 2025 reflects the possibility of a 100 % bonus.
According to Walmart, employees will also receive $ 100,000 stock subsidies in April 2025.
This is the role of every hour, which began in 2015, and is the latest in a series of investments made by the company.
In addition, since US employers have hired more workers in strict labor markets, they will come after the rising wages in December and the strong retail sales.
Earlier this week, the company announced in February that US store managers will be raised.
From February 1, the current average salary of $ 117,000 managers will be raised to $ 128,000, said retailers.
In addition, if the manager meets a specific goal and profit metric, the annual bonus can reach 200 % of the basic salary.
The company has also launched a new bonus program for Store Hourly Associates.
Walmart's minimum wage is $ 14 per hour, but the start is $ 19 per hour according to the location of the store.
Fox Business's Chris Pandolfo has contributed to this report.