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Walmart is boosting the starting pay of its store managers to $128,000, or by just over 9%, the discounter announced on Thursday. ... with a new average salary of $128,000 a year. Walmart said ...
Combined with a previously announced new average salary of $128,000 and the ability to earn up to 200% of that salary in bonuses, a Walmart manager could earn as much as $404,000 a year.
In a hiring landscape where job positions for retail store managers and sales managers are growing at a rate of 7%, according to the U.S. Bureau of Labor Statistics, and roughly 27,900 new sales...
Walmart is the world's largest company by revenue and operates a chain of hypermarkets, discount department stores, and grocery stores in the U.S. and 23 other countries. It was founded by Sam Walton in 1962 and is controlled by his heirs through Walton Enterprises.
Doug McMillon is the president and CEO of Walmart Inc., the world's largest retailer. He joined Walmart as a summer associate in 1984 and rose through various roles, leading Sam's Club, Walmart International and Walmart Stores.
Sam Walton (1918-1992) was an American business magnate who started the retailers Walmart and Sam's Club in 1962 and 1983 respectively. He was the richest person in the U.S. for a period of time and his family remains the richest in the country as of 2022.
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