Read previewWalmart store managers are set to see a significant bump in pay next month.
The retail giant announced Thursday it will increase salaries for US store managers, bringing the average from $117,000 to $128,000 a year, and offer a bonus of up to 200% base pay.
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Walmart told Business Insider the changes will take effect on February 1.
Store managers at the lowest end of the salary range are set to see the largest increases, jumping from $65,000 to $90,000, while the top end will remain at $170,000, the company told BI.
Persons:
—, Cedric Clark, Clark, Doug McMillon
Organizations:
Service, Business, Walmart, Teamsters