Walmart announces a substantial pay increase for market managers, with base salaries rising to $160,000 and total compensation exceeding $620,000. This move aims to retain talent in a competitive job market. Walmart, which employs over 400 market managers across its 4,600 U.S. stores, has raised pay significantly in recent years to address staffing challenges and retain key personnel. The increased compensation package includes higher stock grants and bonuses as Walmart continues to boost employee morale and performance amidst growing sales and competition.