Walmart bets on the stressed-out, fading middle manager’s future, bumping pay to $620,000

(Credit: James Leynse—Getty Images)

• Walmart is offering pay raises and stock bonuses that will mean some managers can earn up to $600,000. 

This week, retail giant Walmart announced that about 440 managers are set to earn a pay raise that will bump some employees’ salaries well into the high-six-figure range—even up to $620,000.