Walmart store managers can now earn up to $620,000 per year in total compensation, according to the Wall Street Journal.
Walmart is increasing the pay of market managers, or regional store managers in charge of about a dozen Walmart stores, to a total compensation of $420,000 to $620,000 this year. These managers earned $320,000 to $570,000 last year, resulting in a possible pay increase of up to $100,000.
A Walmart spokesperson specified to the Journal that the minimum base pay for market managers has increased from $130,000 to $160,000 a year, while the maximum has remained the same at $260,000 per year.
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