NEW YORK, Jan. 23 (Xinhua) -- U.S. retail giant Walmart is boosting what it pays regional store managers this year, enabling the top performers to take home more than 600,000 U.S. dollars.
"The retail giant recently told these supervisors about increased bonus and stock awards, changes that reflect how their jobs of running a collection of stores have become more critical to the company's success," reported The Wall Street Journal on Thursday about the development.
At the same time, Walmart is pulling back on perks for office-based staff such as gradually ending remote work, cutting some pay and shifting workers to the same health-insurance plans offered to most store staff.
"The moves show how the country's largest private employer is managing its labor costs and priorities," said the report. "Employers face competition to fill leadership roles at retailers and restaurants, while some white-collar jobs are drying up."
