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Job Titles

All articles tagged with #job titles

business2 years ago

"Walmart Revamps Corporate Staff Titles and Pay Structure"

Walmart is implementing changes to job titles and pay structure for its corporate staff, with the updates set to take effect in November. While base pay will not be reduced for current workers, some staff will receive new job titles without changes to their roles, responsibilities, type of work, or base pay. Walmart is also revising bonus targets and stock compensation plans. The company aims to remain competitive and streamline job titles across its campus office roles. Additionally, Walmart recently dropped college degree requirements for certain headquarters jobs and revised starting pay for specific roles.

business2 years ago

"Walmart Revamps Job Titles and Pay for Corporate Staff in Streamlining Effort"

Walmart is streamlining job titles across its corporate staff to remain competitive, with some employees receiving new titles but no changes to their roles, responsibilities, or base pay. The reclassification will result in fewer groups of possible titles and, in some cases, pay changes starting in November. Stock option awards will remain the same or increase for most employees, while a small percentage will see a decrease to align compensation across geographies. This move follows Walmart's recent change to the hourly starting wage structure for entry-level store workers.