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 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 move is seen as a strategic decision to boost productivity and job satisfaction among key employees, rather than an act of charity.
With a corporation valued at over $800 billion, Walmart is investing in its managerial staff to drive success.
Author's summary: Walmart raises manager salaries to $620,000.
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