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WMT Walmart Inc

104.1999
-0.8501 (-0.81%)
15 Feb 2025 - Closed
Delayed by 15 minutes
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
  -0.8501 -0.81% 104.1999 105.30 103.60 105.30 14,109,462 00:59:37

Walmart to Boost Average Base Pay of Store Managers 9% to $128,000

18/01/2024 10:28pm

Dow Jones News


Walmart (NYSE:WMT)
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From Feb 2023 to Feb 2025

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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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