Walmart Is Boosting the Average Store Manager’s Salary to $128,000

Walmart Inc. said the average store manager’s salary will rise to $128,000 from $117,000, as the world’s largest retailer looks to attract and retain workers in a tight labor environment.

In addition to the 9% raise, the company said it’s “redesigning” its bonus program for managers. Store profits will play a bigger role in calculating annual bonuses, Walmart said on its website. Bonus could now be up to 200% of managers’ base pay if all targets are met, according to the post by Cedric Clark, Walmart’s executive vice president for US store operations.