Walmart to offer managers company stock as compensation ...Middle East

The country’s largest retail store will now hand out stock grants to store managers as part of compensation packages. Walmart announced the change Monday, adding to an increase in salary made earlier this month. Store managers can now see stock grants as high as $20,000 per year for the largest stores, with smaller store managers eligible for grants of $15,000 or $10,000. Walmart already increased store manager wages by an average of 9 percent earlier this month to $128,000 per year, and expanded bonus compensation to up to 200 percent of salary. The moves discourage turnover at the key managerial positions. The company stock has skyrocketed in recent years, rising by 75 percent

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Walmart to offer managers company stock as compensation ...Middle East

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