Walmart is offering its store managers stock grants, which based on a manager's store format, can range between $10,000 and $20,000.
It's not only managers that Walmart wants to encourage to buy into stock ownership.
1 employer, Walmart's decisions are likely to have significant ripple effects and could even lead to broader equity ownership among rank-and-file employees.
Already companies such as Ingersoll Rand and Harley-Davidson have taken steps to broaden stock ownership to employees.
"Stock ownership is a pillar of worker financial wellness."
Persons:
John David Rainey, Chris Taylor, It's, John Furner, Doug McMillon, Biden, Marc Roloson, Aalap Shah, Pearl Meyer, Shah, Brian J, Albert H, Gordon, Stacey Kole, Ed Rataj, Michael Kestenbaum, Gallagher, Peter Follows, Kole, Ingersoll Rand, Davidson, Martin Whitman, Whitman, Pete Stavros's, Walmart's, Harvard's, WTW's Roloson
Organizations:
New York Stock Exchange, Walmart, International, NYSE, LinkedIn, Companies, Business Administration, Harvard Business School, The University of Chicago Booth School of Business, CBIZ, Carpedia, Harley, Just
Locations:
U.S