How much does Walmart pay?


Walmart
How much does Walmart pay

Introduction

Walmart, the largest employer in the United States, employing about 1.5 million Americans, has been at the center of controversies over its low wages for years. In 2020, the average wage of an hourly worker in a Walmart store in the U.S. was $14.76, which comes to between $25,000 and $30,000 annually for a full-time employee.

Walmart
Walmart

24/7 Wall St. reviewed store facts from Walmart’s corporate site to identify how many people in each state work at Walmart as sales associates and how much they are paid.

The average wage of a Walmart field worker, which takes into account both full- and part-time workers, does not differ much from state to state. It varies from $13.42 an hour in Idaho to $16.02 an hour in New Hampshire. Compared to the state minimum wage and cost of living, however, employees in some states fare much better than others.

The federal minimum wage is $7.25 an hour, and 19 states have not altered it. Fifteen states have set a minimum wage over $10 an hour.

The cost of living is higher than the national average in nine of the 15 states with the highest paying Walmart jobs. A dollar goes the furthest in America’s southern and midwestern states.

Seven of the states where the cost of living is highest are among the 15 states with the highest minimum wage.

Ownership

Walmart Inc. is a Delaware-domiciled joint-stock company registered with the U.S. Securities and Exchange Commission, with its registered office located in Wolters Kluwer‘s Corporation Trust Center in Wilmington. As of March 2017,[  it has 3,292,377,090 outstanding shares. These are held mainly by the Walton family, a number of institutions and funds

Walmart starting wage

As of 2021, Walmart’s newly-employed workers in some stores can count on earning at least $12 per hour. This means they could make about $24,960 a year (gross). However, entry-level associates in other stores can earn up to $17 per hour. Again, the wage mostly depends on which state employees work in and the state’s minimum wage.

Average Walmart Salary

$15.09 hourly

$31,396 yearly

Entry level Salary

$19,000 yearly

Average Walmart Salary
Average Walmart Salary

How Much Does Walmart Pay?

Walmart pays an average of $31,396 per year, or $15.09 an hour. There is a significant gap between what Walmart pays the bottom 10 percent of earners and the top 10 percent of earners. The lowest-paid workers at Walmart make less than $19,000 a year, while the highest-paid workers earn over $51,000. At Walmart, employees working in healthcare jobs and customer service jobs tend to earn the highest salaries. In terms of geography, Walmart pays the most to people working in Sunnyvale, CA, Seattle, WA, and Washington, DC.

How Much Does Walmart Pay an Hour?

The average hourly wage you can earn at Walmart depends on your job position, department, and store location. For example, the hourly rates for cashiers and front-end employees range from $12 to $17, while those working in supervision and training can earn from $16 to $30 per hour.

According to Payscale, the average hourly rate at Walmart is $13.19, which is lower than the average hourly rate ($14.94) that Target, one of its biggest competitors, pays its employees.

Based on estimates by the same source, the average annual salary at Walmart is somewhere around $90,000 per year. We should mention that this pay average includes both store and corporate careers and that store employees can expect lower salaries. Since most Walmart employees work in stores, this article will focus on their pay averages.

To calculate the expected weekly, monthly, and yearly pay, we will use the average Walmart pay per hour for front-end associates ($14.39). Using this amount as a basis, we will further assume they work:

  • 40 hours per week
  • 52 weeks per year

Walmart weekly pay

According to the latest national average, front-end associates at Walmart make $14.39 per hour. On a weekly level, they can earn about $576. Since Walmart employees usually receive their paychecks every two weeks, we can perform these calculations as well. Bi-weekly, a front-end associate at Walmart earns about $1,151.

Walmart monthly pay

When it comes to their monthly pay, front-end associates can earn $2,494 per month. However, we should note that this only refers to their expected gross monthly income.

Walmart yearly salary

When calculating a Walmart front-end associate’s annual earnings, we get to $29,931 per year. However, calculations such as this one are always a bit off. In reality, you can expect this amount to be lower because this is total annual income with sick days and time off excluded.

How much do Walmart associates make?

Walmart
Walmart

Walmart offers good jobs and advancement opportunities through investments in wages, benefits and training for its 2.3 million associates worldwide. Today, the average total compensation and benefits for hourly U.S. associates exceeds $19. In 2021, we announced wage increases for more than 565,000 stores associates in several areas of our stores. Additionally, our entry-level associates promote to roles of greater responsibility and higher pay within seven months, on average.

Walmart Pay by Location

When choosing a place to work, it’s important to factor in the cost of living when negotiating a salary. At Walmart, the employees are paid different salaries depending on their location. The city with the highest average salary is Sunnyvale, CA, where employees earn an average salary of $39,559. Walmart Employees in Seattle, WA don’t earn quite as much. The median salary in Seattle, WA is $37,803.

Rank  Location  Average Walmart Salary  Hourly Rate  
1Sunnyvale, CA$39,559$19.02
2Seattle, WA$37,803$18.17
3Washington, DC$37,626$18.09
4New York, NY$37,122$17.85
5Portland, OR$35,640$17.13
6New Haven, CT$35,154$16.90
7Hoboken, NJ$34,904$16.78
8Manchester, NH$33,884$16.29
Walmart Pay by Location

Average Salaries at Walmart

Average Salaries at Walmart
Average Salaries at Walmart

Walmart Jobs

Walmart Jobs
Walmart Jobs

Common benefits at Walmart

Financial perks

  • Quarterly bonus
  • Employee discount

Insurance

  • Health insurance
  • Vision insurance
  • Dental insurance

More

  • Retirement plan
  • Tuition reimbursement
  • Paid time off

Highest paying Jobs at Walmart

While Walmart employees earn an average yearly salary of $31,396, different roles can command different wages. The higher paying positions at Walmart include software engineer, inventory management specialist, customer service manager, and zone merchandise supervisor. A worker with the title software engineer salary at Walmart can earn an average yearly salary of $121,950. Some of the other roles at Walmart are stock unloader and stock clerk. A worker with the title stock unloader at Walmart earns an average salary of $25,882 per year.

Highest paying Jobs at Walmart
Highest paying Jobs at Walmart

Recently added Walmart salaries

Job  Location  Date Added  Salary  
Cdl-A Truck Driver-Earn Up ToGrovetown, GA06/01/2022$98,000
Cdl-A Truck Driver-Earn Up ToOwensboro, KY06/01/2022$100,000
Cdl-A Truck Driver-Earn Up ToBaltimore, MD06/01/2022$100,000
Cdl-A Truck Driver-Earn Up ToWilmington, DE06/01/2022$100,000
Cdl-A Truck Driver-Earn Up ToBartlesville, OK06/01/2022$98,000
Cdl-A Truck Driver-Earn Up ToWarwick, RI06/01/2022$100,000
Cdl-A Truck Driver-Earn Up ToDenver, CO06/01/2022$100,000
Cdl-A Truck Driver-Earn Up ToNew York, NY06/01/2022$100,000
Cdl-A Truck Driver-Earn Up ToGrand Rapids, MI06/01/2022$100,000
Cdl-A Truck Driver-Earn Up ToIndianapolis, IN06/01/2022$100,000
Recently added Walmart salaries

FAQ’s About Walmart:

Do people feel that they are paid fairly for their work at Walmart?

Indeed’s Work Happiness survey asked over 102,454 current and former employees whether they feel they are paid fairly for their work. Of the respondents, 38% said that they strongly agreed or agreed that they are paid fairly.

What is the highest salary in Walmart?

The highest-paying job at Walmart is a Principal Product Manager with a salary of ₹101.6 Lakhs per year. The top 10% of employees earn more than ₹40 lakhs per year. The top 1% earn more than a whopping ₹98 lakhs per year.

How often do you get pay raises at Walmart?

Indeed’s survey asked over 66,825 current and former employees how often they received pay raises when they worked at Walmart. Most respondents said they got a raise annually.

How much vacation and PTO did you get at Walmart?

We asked over 100,594 current and former employees how many paid vacation days they received for their role. Respondents said they received no paid vacation days. When asked about how much of their paid time off people actually used, respondents said no paid vacation days. 13,405 current and former employees responded to a question about how many paid personal days they received for their role at Walmart. Respondents said they received no paid personal days.

Do you get paid sick days at Walmart?

Respondents said they received . When asked if their paid sick days reset each year, 49% of respondents said that they did.

How much does Walmart pay per year?

The average Walmart salary ranges from approximately ₹1.1 Lakhs per year for a Customer Service Executive to ₹ 101.6 Lakhs per year for a Principal Product Manager. Salary estimates are based on 9.8k Walmart salaries received from various employees of Walmart. Walmart employees rate the overall salary and benefits package 4.0/5 stars.

Do you get paid time off at Walmart?

Indeed’s survey asked over 100,594 current and former employees how many paid vacation days they received for their role. Respondents said they received no paid vacation days. When asked if it was easy to request paid time off, 33% of respondents said they agreed or strongly agreed that it was.

What is the minimum salary in Walmart?

Minimum salary at Walmart depends on the role you are applying for. For Floor Associate the minimum salary is ₹1.7 Lakhs per year, for Assistant Team Leader the minimum salary is ₹2.5 Lakhs per year and so on.

What is the salary package for freshers in Walmart?

The average salary at Walmart for freshers varies from ₹3.3 Lakh per year for Catalog Analyst to ₹ 18.6 Lakhs per year for Software Development Engineer IIView Fresher Salaries at Walmart

Conclusion

Walmart, in full Walmart, Inc., formerly Wal-Mart Stores, Inc., American operator of discount stores that was one of the world’s biggest retailers and among the world’s largest corporations. Company headquarters are in Bentonville, Arkansas. Wal-Mart was founded by Sam Walton in Rogers, Arkansas, in 1962 and focused its early growth in rural areas, thereby avoiding direct competition with retailing giants such as Sears and Kmart. As it grew, the company developed new retail formats, including Sam’s Club discount warehouses (1983) and Wal-Mart Supercenters (1988).


Twinkle jain

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