• Wal Mart CEO John Werner said that raising compensation for the Supreme Director to up to $ 620,000 annually Make them “feel like owners”. The high wages aim to combat the depletion of the supervisor and the disengagement-a strategy that pays off to other presidents who are similar in thinking putting their money in the place of their mouth.

For many employees, it may be difficult to feel contact with their company, especially in huge companies such as Wal Mart. But in 2024, John Fenner, CEO of an American company, withdrew large weapons to ensure stars’ love managers – by pushing them up to $ 620,000 a year.

“What we did in the past year is to make managers feel that he is owned.” Recently said At the retail and consumer conference. “This includes the contribution, which positively affected its approach to the company’s profits and losses.”

In a bold step to promote and keep morale yet Fighting rotation and Lack of manager During the epidemic, the 689 billion retail giants gave the highest regional store managers on January in January-raising their total compensation to between $ 420,000 and $ 620,000.

His primary salary has increased from 130,000 dollars to $ 160,000, with the rest of the salary of approximately half a million dollars from granting huge shares and annual rewards.

“This is the latest wage investment in our people,” Wall Mart Ann Philler He said luck. “This was a journey over years with an increase in salaries in the hour that started in 2015.”

With more than 4000 store managers across the United States (and about 1.6 million workers), payment is not generous – it is a bet on culture.

This bet works. In 2024, Wall Mart ranked first Fortune 500– It fell Best Fortune companies to work for them List not only last year, but again in 2025. With a working force of 1.6 million, it is not easy to keep everyone happy, but Wall Mart went directly to the source: cold, solid criticism.

Increased wages are necessary for employees’ satisfaction and retaining

The presidents may wander in the “unlimited PTO” promises and the luxurious library amenities, but more money that most workers want.

About 73 % of workers will think about leaving the employer for a higher salary, according to 2024 reports From bamboo. Money talks, however, 40 % of employees did not receive stumbling block last year.

Salary shrinkage and Slow Increasing salaries was to push employees to the top of the wall. With the continued rise in grocery prices and the living cost crisis continues, many will be affected by more money than ever.

“The cost of obtaining wrong compensation can be easily achieved in complications later,” He said Keelsey Tribe, Director of Human Resources Partners at BAMBOOHR.

“When employers need to go to the market to get talent, they may find that salary ranges are not enough to attract the required talent; there is pressure for wages – all of this will be more expensive in the long run.”

Employers are pushing to increase the company’s culture

Some employers have already ignited. When a veil The workers wanted to return At its headquarters in Chicago, the company provided $ 10,000 bonuses to go to the office for four days a week, instead of paying an authorization in their faces.

after Rolls Royce It has withdrawn an extraordinary transformation in business in recent years, and delivered nearly $ 39 million to the shares to employees. She wanted to push her successes forward, by rewarding the people who achieved it. Each employee got 150 shares per company, at a value of more than $ 900 in total.

“We want to get to know your contribution to our success in the future and reward you for the role you will play in.” He said in An internal note for employees.

Even when companies reach the wall, they turn to increased walking for long distances, a cold, to try to turn on things. When thousands of Volkswagen The employees in Germany were extinguishing the wage discounts and the closure of the factory, the auto manufacturer Display Tennessee for workers to increase 14 % salaries over four years.

after Exxon Employees faced a difficult era from freezing the salary, 401 (k) suspended the match, demobilizing the intense workers, the oil giant She changed her melody. On average, workers received a 9 % increase in wages, higher than inflation levels – with some of the best artists who got an upgrade to see an increase between 15 % and 25 %.

“The performance of our company reflects the hard work, commitment and perseverance He said. “We are proud of the results of the exceptional works presented by our teams, although they are a time of uncertainty and great change.”

This story was originally shown on Fortune.com

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2025-04-04 15:50:00