Close Menu
Global News HQ
    What's Hot

    Why Investing Abroad Could Pay Off

    June 28, 2025

    NYC real estate reels from primary, while big deals emerged

    June 28, 2025

    How to Master Leadership and Prevent ‘Owner Bottleneck’ From Hindering Your Team

    June 28, 2025
    Recent Posts
    • Why Investing Abroad Could Pay Off
    • NYC real estate reels from primary, while big deals emerged
    • How to Master Leadership and Prevent ‘Owner Bottleneck’ From Hindering Your Team
    • The best iRobot vacuums of 2025: Expert tested and reviewed
    • Don’t Toss Old Cardboard! 5 Ways to Reuse It in Your Garden for Better Soil and Fewer Pests
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Why Investing Abroad Could Pay Off
    • NYC real estate reels from primary, while big deals emerged
    • How to Master Leadership and Prevent ‘Owner Bottleneck’ From Hindering Your Team
    • The best iRobot vacuums of 2025: Expert tested and reviewed
    • Don’t Toss Old Cardboard! 5 Ways to Reuse It in Your Garden for Better Soil and Fewer Pests
    • Weekly Horoscope For June 30-July 6, 2025, From The AstroTwins
    • Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality
    • Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - E-commerce & Retail - Walmart’s market managers can now earn up to $620K annually
    E-commerce & Retail

    Walmart’s market managers can now earn up to $620K annually

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Walmart’s market managers can now earn up to 0K annually
    Share
    Facebook Twitter LinkedIn Pinterest Email


    This audio is auto-generated. Please let us know if you have feedback.

    Dive Brief:

    • Walmart is adding $25,000 in annual stock grants to its compensation package for market managers, the company confirmed to Retail Dive on Friday. The change makes the managers eligible for $100,000 in stock grants annually.
    • The company also raised the minimum salary for market managers, who typically oversee about a dozen stores and store managers, from $130,000 to $160,000. The upper end of the pay range remains $260,000. Additionally, these managers may now earn an annual bonus of up to 100% of their salary — that’s an increase from 90% previously.
    • With the recent stock grant and bonus potential adjustments, the total annual compensation package for Walmart’s market managers may now reach $620,000.

    Dive Insight:

    Walmart’s increase to market manager salaries is one of several substantial pay changes in the last 12 months that reflect the importance each group has on the company’s overall performance and profitability.

    In the last year, the company introduced a bonus program for full-time and part-time hourly store associates, boosted store manager pay and now, has also increased the compensation packages for market managers. The company said all of its salary investments are part of an ongoing process that began a decade ago.

    The pay changes reflect the importance the roles play in supporting the company’s growth, the company said. The market manager position, “which oversees multiple stores — is key for our business and for serving our customers however they shop,” the company said in a statement. “This is the latest in a series of investments in hourly and salaried roles across Walmart.”

    Each of Walmart’s approximately 4,600 U.S. stores has a store manager. Each market manager, in turn, oversees about a dozen stores and their store managers. Walmart said it has about 440 market managers in the U.S.

    Walmart said most of its market manager salaries already fall within the newly announced pay range. The compensation changes all take effect at the start of the company’s 2026 fiscal year. That means the 100% bonus potential will be reflected in March and the potential $100,000 stock grants will be awarded in April, the company said. 

    These managers “are critical to Walmart. They’re running very big businesses, often serving millions of customers every week,” GlobalData Managing Director Neil Saunders said via email. “Walmart needs good people in these roles to deliver on its ambitions and to drive growth. The fact they’re willing to pay a lot shows the importance of the position and the need to compensate well in what remains a tight job market.”

    Last January, Walmart updated its store manager pay and bonus structure. The changes boosted the average store manager salary to $128,000, up from $117,000, and increased annual bonuses to up to 200% of their salary. 

    Walmart also added $20,000 in stock grants to its Supercenter store manager compensation packages, meaning people in that role could potentially earn over $400,000 annually. Then, in June, the company said full and part-time hourly store associates were now eligible for bonuses of up to $1,000 per year. 

    The retailer’s continued pay investments come as Walmart’s third-quarter consolidated revenue rose 5.5% from a year ago to $169.6 billion, the retailer reported in November. U.S. net sales rose to nearly $115 billion in Q3, up about 5% from the prior year. The company also said its e-commerce sales rose 27% globally and 22% in the U.S. It attributed part of that growth to store-fulfilled pickup and delivery, as well as the company’s third-party marketplace.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous Article2025 Hyundai Venue vs. 2025 Chevrolet Trax Comparison – Kelley Blue Book
    Next Article Now you can raise Anakin Skywalker with this Darth Vader Tamagotchi

    Related Posts

    Q&A: How Dubai South is expanding ecommerce in the region

    June 28, 2025

    B2B marketplace GrubMarket acquires Coast Citrus for biggest deal yet

    June 27, 2025

    As revenue falls 10%, Nike preps for $1B tariff hit

    June 27, 2025

    Kohl’s brings back summer sale coinciding with Prime Day

    June 27, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Finance & Investment
    11 Mins Read

    Why Investing Abroad Could Pay Off

    Each day, hundreds of millions of market participants around the world follow the news and…

    NYC real estate reels from primary, while big deals emerged

    June 28, 2025

    How to Master Leadership and Prevent ‘Owner Bottleneck’ From Hindering Your Team

    June 28, 2025

    The best iRobot vacuums of 2025: Expert tested and reviewed

    June 28, 2025
    Top
    Finance & Investment
    11 Mins Read

    Why Investing Abroad Could Pay Off

    Each day, hundreds of millions of market participants around the world follow the news and…

    NYC real estate reels from primary, while big deals emerged

    June 28, 2025

    How to Master Leadership and Prevent ‘Owner Bottleneck’ From Hindering Your Team

    June 28, 2025
    Our Picks
    Finance & Investment
    11 Mins Read

    Why Investing Abroad Could Pay Off

    Each day, hundreds of millions of market participants around the world follow the news and…

    Real Estate
    3 Mins Read

    NYC real estate reels from primary, while big deals emerged

    There’s no part of New York City that wasn’t touched by the seismic victory of…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version