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Fortune
Fortune
Emma Burleigh

Walmart CEO says paying its star managers upwards of $620,000 yearly empowers them to ‘feel like owners’

Walmart supervisor leads store employees (Credit: Gilles Mingasson—Getty Images)

For many employees, it can be hard to feel connected to their company, especially at huge corporations like Walmart. But in 2024, Walmart 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. 

“What we did last year was make managers feel like owners,” Furner said at a retail and consumer conference in April. “This includes shareholding, which has positively impacted their approach to the company’s profits and losses.”

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