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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Walmart Inc | NYSE:WMT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.50 | -0.84% | 58.85 | 59.41 | 58.72 | 59.35 | 15,360,598 | 21:49:15 |
From Nov 2023 to May 2024
By Will Feuer
Walmart is boosting the average base salary of its store managers by more than 9% to $128,000, and overhauling its bonus program to place a heavier emphasis on store profit.
The retailer said the average salary of its store managers will go from $117,000 to $128,000 a year. Walmart said managers who hit all targets will now be able to earn up to 200% of their base salary.
The company said the redesigned bonus program means a store's profit and sales will play a bigger role when calculating annual bonuses.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 18, 2024 17:13 ET (22:13 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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