Walmart workers are getting raises
Workers at America's largest private employer will soon be getting raises.
Workers at America's largest private employer will soon be getting raises.
Walmart announced last week that the average salary for store managers will go from $117,000 to $128,000 a year — a 9.4% increase. They will also be eligible for bonuses up to 200% of base salary, based on individual store sales and profit.
A spokesperson for Walmart told NBC News in an email that there are approximately 4,700 Walmart stores in the U.S., and that each store has a store manager.
Walmart said about 75% of its field management teams began their Walmart careers as hourly workers.
"Not only are you responsible for exceeding customer expectations day in and day out; each of you is the CEO of a multimillion-dollar business," Cedric Clark, executive vice president for Walmart U.S. store operations said in a release announcing the pay raise. "And you’re the driving force behind the development of our next generation of leaders."
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