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Hmm. That's significantly more than what I make, and I have a college degree and work in tech. I should be jealous, but I am not. Good on Walmart for paying th
by game_the0ry 3y ago
Hmm. That's significantly more than what I make, and I have a college degree and work in tech. I should be jealous, but I am not.
Good on Walmart for paying their store managers well. I hope the front line employees also get great pay and benefits too. if true, go Walmart.
- alephnerd 3y ago> I have a college degree The preferred qualifications are a Bachelors degree in Business. Take a look at the job postings. > That's significantly more than what I make The base salary is also in the $70-120k range for Store Managers, which is essentially the equivalent of becoming a Director at a public tech company. The 400k number seems to have come out of an outlier who had a significant stock grant. It's very good money of course, but you still end up earning more as a line level engineer with much less stress.
- game_the0ry 3y ago> The preferred qualifications are a Bachelors degree in Business. Take a look at the job postings. I tried. Page would not load for me so I made some assumptions. > It's very good money of course, but you still end up earning more as a line level engineer with much less stress. Not going to lie - I have it too easy. Which is why I am happy that the hard working folks of Walmart made more.
- alephnerd 3y agoAgreed, but salaries are just a product of margins and skillset, not effort expended. In a specialized industry like software or biopharmaceuticals, companies are expected to have very high margins (think $500k-1m in revenue per employee). Given that the pipeline for these industries is constricted due to skill requirements, that's why salaries tend to be much higher.