- Walmart CEO John Furner said raising top manager compensation to upwards of $620,000 yearly made them “feel like owners.” The pay hike is intended to combat supervisor attrition and disengagement—a strategy paying off for other like-minded bosses who are putting their money where their mouth is.
For many employees, it can be hard to feel connected to their company, especially at huge corporations like Walmart. But in 2024, U.S. CEO John Furner pulled out the big guns to ensure star managers feel the love—by paying them upwards of $620,000 per year.
