All articles tagged with #bonus program
Originally Published 1 year ago — by NJ.com
Walmart's U.S. CEO John Furner surprised store managers with salary increases and a bonus program that can add up to 200% of their annual salary, including an annual stock grant of up to $20,000, starting this year.
Originally Published 2 years ago — by PennLive
Walmart is giving its managers a significant pay raise in 2024, marking the first increase in a decade. The average salary for a Walmart manager will now be $128,000 a year, up from the previous average of $117,000. The new pay range for managers will be $90,000-$170,000, with a bonus program that could potentially double their base salary if all targets are met.
Originally Published 2 years ago — by USA TODAY
Walmart announced a new salary program that will raise the base pay for store managers to $128,000 a year and potentially offer annual bonuses of up to 200% of their salary based on store profits. The company also plans to increase hourly wages for non-salary workers to over $18. Additionally, Walmart is introducing sensory-friendly hours at all stores, expanding drone delivery services, implementing AI-powered search tools, and developing a virtual try-on experience for customers.
Originally Published 2 years ago — by Walmart Corporate
Walmart U.S. is investing in its store managers by increasing their base pay and redesigning the bonus program, with the average salary rising from $117,000 to $128,000 a year and the potential for bonuses of up to 200% of base salary. This move is part of Walmart's broader effort to invest in its associates and create a better working environment, following last year's increase in starting pay for hourly associates. The company sees this investment as crucial for its culture, core values, and the development of future leaders, recognizing the pivotal role of store managers in driving the success of the business.