Journalist Sarah Nassauer, from The Wall Street Journal, interviewed Walmart’s manager Nichole Heart who started earning $6.25/hour at Walmart and now as a manager, she is earning $240,000 a year as a store manager.
Walmart U.S. President and CEO Brian Furner announced a new average annual salary of $128,000 this month.
High-performing Walmart managers now have the ability to earn more than $400,000 a year after the retail giant announced it is offering the ability for some managers to earn $20,000 worth of stock grants starting in April.
Combined with a previously announced new average salary of $128,000 and the ability to earn up to 200% of that salary in bonuses, a Walmart manager could earn as much as $404,000 a year.
Life is full of opportunities. We live in a system where, if you have the work ethics and the desire to make a lot of money, you can do it, even without a college education.
Walmart is not unique offering this kind of opportunities. A regular non college educated individual can climb the corporate ladder at Home Depot, Cosco, Amazon, so on ad so forth.
It’s up to you brothers and sister. If the circumstances of your life leads you to start working at Walmart as cashier for minimum wage, that’s unfortunate but at least you have the knowledge that there are opportunities for every one. If Nichole, at 19 year old, with no college degree and two baby girls. If she can do it, so can you. There is a system that will get you there.
If you don’t have a college degree, you can now start working at Walmart as a cashier or a stocker, earning $14/hour to store manager earning up to $400,00 per year.
Walmart, and other retailers such as Amazon, offer career training so that any person without a college education can go from any entree level position to store manager.
There are about 4,600 Walmart stores, including more than 3,500 Supercenters. All those store managers have the opportunity to earn a big chunk of money.
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