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Some Walmart managers make more than U.S. Presidents

The article from MSN discusses a report by Business Insider highlighting that some Walmart store managers earn more than the President of the United States. According to the report, the highest-paid Walmart store managers can make up to $530,000 annually, which includes base salary, bonuses, and stock grants. This figure surpasses the $400,000 salary of President Joe Biden. The article explains that Walmart has been increasing its managers' compensation to retain talent and improve store performance, with the base salary for store managers ranging from $65,000 to $170,000, and the potential for bonuses that can significantly boost their total earnings. This compensation strategy reflects Walmart's efforts to incentivize its managers amidst competitive retail environments and the complexities of managing large-scale operations.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/some-walmart-managers-make-more-than-u-s-presidents/ar-AA1xTubo ]