Walmart Overhauls Job Titles and Pay for Corporate Staff

Walmart is changing job titles and pay structure for corporate staff starting in November. The changes will mostly impact titles and compensation.
Some staff will get new job titles but their roles, responsibilities, work type and base pay will stay the same.
Walmart is also updating bonus targets and stock compensation plans. About 4% of staff will see reduced stock targets.
The changes aim to ensure Walmart is rewarding similar levels of work appropriately and streamlining job titles.
This follows other changes like dropping degree requirements for some corporate jobs and lowering starting pay for certain new hires.

foxbusiness.com

Relevant topic timeline:

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