Walmart, renowned for its low prices, is now making headlines for boosting employee pay. On Thursday, the nation’s largest retailer announced sweeping salary increases across its workforce.
Top market managers, who oversee approximately a dozen stores, are set to earn over $600,000 annually. Additionally, the entry-level salary for this position has been increased by about 25%, now starting at $160,000 per year.
These raises highlight Walmart’s ongoing efforts to remain competitive and reward its leadership teams.