Regional Walmart store managers have the potential to make big bucks after recent pay hikes.
Top-performing regional managers will get the chance to receive a high yearly salary following the company’s decision to increase its bonus and stock awards.
Once all of Walmart’s changes have kicked it, regional managers could earn between $420,000 and $620,000 if they receive full bonuses this year.
The new salaries mark a major raise compared to the $320,000 to $570,000 salaries for regional managers in 2023.
The retailer will also be boosting its minimum base pay to $160,000 – $32,000 more than it was two years ago.
The maximum amount of base pay a regional manager can make this year is $260,000.
The new salary and base pay are not the only life-changing policies that Walmart implemented in its operations.
Top-performing regional Walmart managers could earn between $420,000 and $620,000 in 2025
The previous yearly salary for regional managers was between $320,000 and $570,000
Walmart announced its decision to raise regional manager’s base pay from $117,000 to $128,000 a year in January 2024.
Stock grants for regional managers (also known as market managers) will also rise to $100,000 from $75,000 a year, and potential bonuses will be 100 percent of base pay instead of 90 percent from 2023.
Longtime Walmart manager Greg Harden ‘almost fainted’ when he found out that he could earn up to $530,000 in 2024 because of the changes.
At the time, the salary increase was the first change Walmart made to store managers’ pay structures in over a decade.
‘If you hit all targets, your bonus could be up to 200% of your base salary,’ Cedric Clark, Walmart’s executive vice president of store operations, told Bloomberg in 2024.
Store managers would also be able to receive up to $20,000 in stock grants, which allows employees a share of the company’s stock.
The changes took effect on February 1, 2024, and since then the company reports that managers’ engagement score – which indicate their attitudes around work – have improved.
The company later announced the addition of new investments in its Associate to Technician pipeline program, Live Better U, hourly store employee bonuses, and better pay and benefits within the Me@Walmart app in June 2024.
The company began offering all four investments last year.
Walmart manager Greg Harden has worked at the store for over a decade and potentially earned $530,000 in 2024
One upcoming change involves company employees’ healthcare plans.
Walmart informed its corporate employees that its healthcare coverage could worsen, according to the Wall Street Journal.
The new healthcare options will include higher deductibles, and one plan would even require a $13,700 annual fee for workers and their families.
This change would affect less than 1 percent of corporate employees, and it will begin in 2026.
A spokesperson from Walmart explained the change came from acquisitions but would bring more fairness to its medical plans for employees.
Walmart will change its employees’ health coverage plans in 2026, and one plan requires a $13,700 annual fee
Before these changes, Walmart had been in hot water after it started the process of reducing compensation from staff members in offices outside its Arkansas-based headquarters.
The compensation reduction was due to its plans to change salary ranges and names of jobs within its company.
The company also ended its option for employees to work remotely and requested several workers to relocate to other offices in major cities.
Employees who weren’t interested in the relocation left the company altogether.
