Walmart recently announced a 9.4% increase in the average salary for store managers, raising it from $117,000 to $128,000 annually. This marks the first raise for managers in over a decade. Additionally, bonuses for managers can total over $370,000, and 75% of Walmart managers started as hourly employees. The news has sparked discussions about the opportunities and perceptions associated with such positions. Senator Sanders also introduced a bill that could have significant tax implications for Walmart based on its CEO's compensation and median wages.
Walmart is giving store managers a salary increase, which will bring the average base pay for store leaders to $128,000. https://t.co/ku2S1WKODX
If this bill, introduced by @SenSanders, was signed into law in 2022 Walmart which paid its CEO $25.3 million in compensation would have owed $754 million more in taxes. If it cut its CEO pay to $3 million & increased median wages to $60,000 it would have paid no more in taxes. https://t.co/K86yI2k2Cj
Base pay for Walmart manager just increased to $128K. With bonuses can reach a total of over $370K. How do you become a Walmart manager? 75% of them started out as hourly employees. Opportunity is out there. It’s just that many people see a job like this as low status. https://t.co/EgRo7w2aqT
Base pay for Walmart manager just increased to $128K. Bonuses can reach a total of over $370K. How do you become a Walmart manager? 75% of them started out as hourly employees. Opportunity is out there. It’s just that many people see a job like this as low status. https://t.co/csvPExMwNM
Walmart said this is the first raise for managers in more than a decade. https://t.co/9mvRY6ygqe
Walmart announced last week that the average salary for store managers will go from $117,000 to $128,000 a year — a 9.4% increase. https://t.co/PtAmbGKOyE