Walmart's New Salary Structure
Walmart CEO John Furner has introduced a new salary structure for the company's top-performing managers, with salaries reaching up to $620,000 per year.
The goal of this move is to make managers "feel ownership" of the company, as stated by CEO John Furner:
“What we did last year was make managers feel like owners.”
This decision is seen as a strategic move by the company's HR department, recognizing that happy and motivated managers are more productive and beneficial to the company.
Despite the current economic climate, Walmart, a corporation valued at over $800 billion, is investing in its key employees.
Author's summary: Walmart raises salaries for top managers.
- Salary range: up to $620,000 per year
- Goal: to make managers feel like owners
- Company value: over $800 billion
More News
- OPINION | First-years would be better off with fall recruitment • The Tulane Hullabaloo
- Can you help purchase chair lifts for this 11-year-old Sudbury boy?
- Top 60 Senior Living Facility Construction Firms for 2025
- FURIA - BLAST R6 Major Munich preview: Eyes set on third Major as Black Panthers aim to extend their legacy in Siege
- FIFA lifts sanction on Khaleej Sirte Club
- Another immigration arrest at Monroe County Courthouse - Republic-Times | News
- Tripoli University, UNDP sign partnership to advance sustainable development and innovation
- Palantir CEO claims company is first to be 'completely anti-woke,' backs Trump admin's bombing of drug boats
- YouTube is too good at its job — and that's the problem