No college degree, Walmart employee, goes from $6.25/ to $240,000/year
www.alainguillot.com/walmart/
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.
Пікірлер: 16
Terrible company to work for. They way they treat management is horrid. I'm part time there, and they have been trying to promote me for the last year and a half, and no way in hell would I ever do anything to get closer to that awful company and culture.
@AlainGuillot
Ай бұрын
Thank you for your comments
I worked at Walmart several years they do everything they can to not pay you more and they push hard for you to buy Walmart stock.
@AlainGuillot
Ай бұрын
Wouldn't it be a good thing to be an owner of the place where you work? I own some Walmart stock, I wouldn't an employee own some?
@DJSolistica
Ай бұрын
I haven't been in a Walmart in probably over 8yrs, and I own hundreds of shares of WMT. If I had to work there and they offered to pay my entire check in WMT stock I'd say abso-fukin-loutley. Company makes good profit margins, provides a healthy dividend, has only gone up over the long term. I hope people become more educated about financial options available to them in this coming strain that is weighing on our economy, stock options offered by mega billion $ companies are nothing to be ignored.
@AlainGuillot
Ай бұрын
@@DJSolistica I agree with you. If I could get some employee stocks, I would get as many as possible. These are the returns before dividends. 1 year: 18%; 2 years: 22%; 5 years: 78%. And if you could get some kind of employee discount, load up the truck.
if you're making 6 figures... good for you!
Walmart and Costco never hire no one , lol . I was applying many times , no calls no emails ……. I am 35 now and still no success in life to get a job ……. Maybe I just don’t exist and thinking that I am ….. 🤔
@AlainGuillot
Ай бұрын
That's very unfortunate. I am sorry that you are having such a hard time. If I could just add... Don't give up. There are cycles in which maybe they have too many applicants, but sometimes they don't have enough. Please get back to us if you get hired.
It’s not that hard to run a Walmart store or Home Depot if he was smart enough to understand the operation from logistics to scheduling and working the floor with your co workers
This man is wearing somone else's face!
NOTE she had kids.
@AlainGuillot
Ай бұрын
Yes, she had two little girls when she was 19 years old. This makes the story more remarkable. Where else, if not the U.S. a woman, with no college education, and two little girls, can raise the corporate ladder to be at a high level management position. This is a great opportunity.
@stanlevox2291
Ай бұрын
Time is context. At $6.25 an hour that must of been decades ago. So to move up the corporate ladder after 20 years makes sense. Aside with the people whomnhave been with the company for years they've not been placed at such a position. Not sure why this popped up in my feed but kinda misleading. Not sure what state and time frame has 6.25 an hour and there's plenty of employees at Walmart that have been in the dame position years upon years and walmsrt busts unions all the time with lots of legal battles.
@user-or4oj8bc1b
Ай бұрын
Yeah. so? She did what was needed to make a good life for her kids. She would have still worked there for 50k today. This is a great mom!
@stanlevox2291
Ай бұрын
@@user-or4oj8bc1b No she wouldn't of gotten hired at 50k right off the batt today. She would of had to start at the bottom today at the minimum and she'd need a second job or find new employment. Didn't you even watch the video to make accurate assumptions? If she started today there'd be years to go because she started years ago that was only possible just like other corporations.