What Walmart Employees Really Earn


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4. Overnight Stockers

Stockers
Source: Wikimedia Commons

Overnight stockers at Walmart make about $10 an hour to $10.71 an hour, according to Glassdoor and PayScale, respectively. Unfortunately, this is another position that is coming to an end at Walmart — at least in part. The retail giant announced earlier this year that it was eliminating the overnight shift that restocks the aisles at about 300 stores — mostly smaller locations with lower annual sales or customer traffic. In turn, Walmart plans to expand the use of the “FAST Unloader,” a machine that takes boxes of products from trucks and scans them to speed their delivery to the shelves. The FAST Unloader will be in 1,700 stores by the end of the year.

On a happier note, the good news is that the overnight stockers won’t be out of work. Walmart aims to transition them to other hours.

3. Licensed Opticians

Optician
Source: Pixabay

The licensed opticians at Walmart’s vision center make considerably more than their co-workers within the store. PayScale estimates that they make an average hourly rate of $22.80, while Glassdoor estimates they earn an average hourly rate of $23. Both estimates are quite a bit more than what any optician in the United States makes on average regardless of where they are employed. According to the U.S. Bureau of Labor Statistics, opticians earned a median pay of $17.80 an hour in 2018.

2. Managers

Hiring Managers

If you were thinking that Walmart managers make only slightly more than their hourly employees, you’d better think again. According to an article published by USA Today, Walmart store managers get paid an average of $175,000 a year! But, it wasn’t always this way for them. In fact, most Walmart managers started as hourly employees. “At Walmart, it’s about moving people beyond entry-level jobs by giving associates clearer career paths, skills-based training, and more control of their schedule,”Walmart spokesperson Randy Hargrove told CNN. “Walmart has represented a ladder of opportunity since we started the business, and we want to make sure that’s the case going forward.”

1. CEO

Ceo
Source: Pixabay

CNN reported earlier this year that Walmart CEO Doug McMillon’s total pay last year was close to $24 million! Not all of that was his salary though — just $1.3 million of it. The rest was stock awards ($15.6 million) and incentives/other forms of compensation ($6.7 million). According to CNN, McMillon made 1,076 times more than what Walmart’s median workers made. The good news is that workers got a raise too — a 14.5 percent increase, to be exact. “We are a pay-for-performance company and heavily link our executive compensation program to the company’s operating performance and our strategic priorities,” Hargrove told CNN.

CONCLUSION

There have been a lot of changes at Walmart recently when it comes to employee compensation. Not only has the retail giant raised its base wage, it has vowed to pay bonuses for good attendance. The company has also expanded paid maternity and paternity leave for full-time hourly workers, and its hourly employees will now receive paid sick leave.

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