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Walmart boosts top managers' salaries by 25%, raising base pay to $160,000 to combat labor shortages.
Walmart is raising the salaries of its top market managers, increasing base pay by nearly 25% to $160,000, with total compensation reaching up to $620,000 annually.
This move is part of Walmart's strategy to boost employee income and address labor shortages, while the company has also been raising hourly pay, with average U.S. pay now nearing $18 per hour.
These changes come as Walmart experiences steady sales and profit growth.
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Walmart aumenta los salarios de los altos directivos en un 25%, elevando el salario base a $160,000 para combatir la escasez de mano de obra.