"Walmart Store Managers in Louisiana Offered Lucrative Stock Grants and Bonuses, No College Degree Required"
TL;DR Summary
Walmart store managers in Louisiana were pleasantly surprised when CEO John Furner announced a new stock grant program, offering up to $20,000 yearly, at a corporate meeting in Houston. The average store manager's pay has also increased to $128,000 a year, with a new bonus program allowing them to earn up to 200% of their salary. The stock bonus amount varies based on the store format managed. This move reflects Walmart's commitment to investing in its employees, with the new pay scale set to take effect in February 2024.
- Walmart store managers in Louisiana shocked by corporate announcement KLFY
- The $400,000 Job at Walmart Without a College Degree - WSJ The Wall Street Journal
- Walmart managers can now earn over $400,000 a year, no college required, thanks to stock grants NBC News
- Walmart managers get stock grants, bonuses after pay raise Quartz
- Walmart Offers Store Managers Company Stock to Make Them Feel Like 'Owners' The New York Times
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