
Walmart says managers can now earn up to $400,000 a year — no college degree needed
CBSN
Walmart said its store managers can now earn up to $400,000 annually, with the company announcing on Monday that it will give $20,000 in stock grants each year to Supercenter managers.
"We ask our managers to own their roles and act like owners — and now, they'll literally be owners," said Walmart U.S. CEO John Furner in a video posted to LinkedIn.
Managers of Walmart Supercenters will receive $20,000 annually beginning in April, Furner added. The move to provide stock comes as the retailing giant recently boosted the average base pay for managers to $128,000, up 9% from $117,000 per year in 2023.

Robert Morris, founding pastor of Gateway Church, a megachurch in Southlake, Texas, has been indicted on five counts of lewd or indecent acts with a child, stemming from alleged incidents dating back to the 1980s, the Oklahoma attorney general's office announced Wednesday. We are aware of the actions being taken by the legal authorities in Oklahoma and are grateful for the work of the justice system in holding abusers accountable for their actions. We continue to pray for Cindy Clemishire and her family, for the members and staff of Gateway Church, and for all of those impacted by this terrible situation.