Walmart's New Manager Salaries
Walmart CEO John Furner has introduced a new salary structure for top-performing managers, with salaries reaching up to $620,000 per year.
The goal of this move is to make managers "feel ownership" of the company, as stated by CEO John Furner:
“What we did last year was make managers feel like owners.”
This strategic decision aims to boost productivity and job satisfaction among key employees, despite the current economic climate.
As a corporation valued at over $800 billion, Walmart's move is seen as a masterstroke by HR to retain and motivate its top talent.
Author's summary: Walmart raises manager salaries to $620,000.
- Salary range: up to $620,000 per year
- Goal: to make managers feel like owners
- Corporation value: over $800 billion
More News
- Repreve Fiber Parent Unifi Posts Wider Fiscal Q1 Loss Driven by Tariff-Related Uncertainty | SGB Media Online
- David and Victoria Beckham Just Got New Titles Courtesy of King Charles
- Palantir CEO claims company is first to be 'completely anti-woke,' backs Trump admin's bombing of drug boats
- The Home Depot Names Growscape Its 2025 Outdoor Garden Partner of the Year