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The Journal.

The 20,000 Steps to a Walmart Manager's Six-Figure Salary

The Journal.

The Wall Street Journal

Daily News, Business News, News

4.25.3K Ratings

🗓️ 6 May 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

Walmart is offering higher pay, bonuses and more stock options this year to retain and attract managers. WSJ’s Sarah Nassauer spent a day with one manager, Nichole Hart, to understand why the job is commanding such a high salary these days, and why Hart logs about 20,000 steps a day. Further Reading: - A Day in the Life of a Walmart Manager Who Makes $240,000 a Year - Walmart Takes On Trader Joe’s and Whole Foods With New Premium Brand Further Listening: - What Walmart’s Aisles Say About the American Consumer Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's about 7 in the morning at a Walmart outside of Waco, Texas, and Nicole Hart is getting the download from her night manager.

0:15.7

Good morning, how's everybody doing?

0:19.7

The night manager told her that some people didn't show up for their shifts overnight

0:26.0

and the letter T on the Walmart sign outside is burnt out.

0:30.0

Those are things that Nicole would have to deal with that day.

0:34.0

But first, she takes a lap around the store.

0:37.0

Yeah, because I do this every single day.

0:38.0

This is my morning, every morning we walk in a tour,

0:41.0

so there's things that I already, I mean, we walked by

0:43.2

granola bars on the serial aisle. I already know they're coming in on the 25th.

0:46.5

On this day, Nicole had an addition to her morning routine. Our colleague, Sarah

0:51.6

Nossauer. Sarah was going to follow Nicole around. Our

0:53.4

Sarah was going to follow Nicole around to try to understand her job.

0:59.6

Sarah became interested in managers like Nicole

1:02.8

when she saw a press release,

1:04.7

Walmart published about raising their pay.

1:09.3

What stood out to you in that release?

1:12.6

Well, my first thought is, why do they feel the need to do this?

1:15.4

Is turnover growing up?

1:16.4

Do they feel they're losing some of their better store

1:18.7

managers to other big box stores?

1:21.6

The competition for those folks is really really high across retail.

...

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