Walmart Raises Store Manager Pay

Overview

• First time in a decade: Walmart is increasing its store manager salaries.

Salary Increase Details

• Current average pay: $117,000 per year.
• New average pay: $128,000 per year.
• Increase percentage: Approximately 9%.

Bonus Program Update

• Focus shift: The bonus program will place more emphasis on store profits.

Implementation

• Effective date: The new pay and bonus structure will begin next month.