Walmart Raises Market Managers' Pay to Up to $620,000

The retail giant increases salaries, bonuses, and stock awards for key leadership roles to address retention and competition.

Walmart announced pay increases for its 440 market managers, raising base salaries from $130,000–$160,000 to $160,000–$260,000 starting February 1, 2025.
Total compensation, including bonuses and stock awards, will now range from $420,000 to $620,000 annually, up from $320,000 to $570,000.
The company is boosting annual stock grants for market managers from $75,000 to $100,000 and increasing potential bonuses to 100% of base salary.
This move is part of Walmart's ongoing efforts to retain talent and reduce turnover, contrasting with other corporations cutting middle management roles.
Walmart has also raised pay for store managers, with top earners potentially making $530,000 annually, and continues to invest in hourly and salaried employees across the U.S.