Walmart's New Managerial Salaries
Walmart CEO John Furner has introduced a new salary structure for 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 Furner:
“What we did last year was make managers feel like owners.”
This strategic decision aims to boost productivity and job satisfaction among key employees, despite the current economic climate.
As a corporation valued at over $800 billion, Walmart's move to increase managerial salaries is a significant investment in its human resources.
Author's summary: Walmart raises salaries for top managers to $620,000.
More News
- [Webinar] Mass Spec Enables More Definitive Biologics Drug Discovery and Optimization
- Scale Kubernetes. Not Chaos. - The Register Vendor Voice
- Demand, Optimization Growth Expected From LNG Supply Glut
- Palantir CEO claims company is first to be 'completely anti-woke,' backs Trump admin's bombing of drug boats