Why Does Walmart Have to Pay Up to $400K to Its Store Managers?

Bar chart showing the attrition rate of store managers at Walmart and its competitors in March 2024. Walmart's attrition rate is 29.3%, compared to 23.2% for competitors.

Walmart turnover among store managers is running well above its competitors

Bar chart showing the attrition rate of store managers at Walmart and its competitors in March 2024. Walmart's attrition rate is 29.3%, compared to 23.2% for competitors. Source: Revelio Labs.
Figure 1. Bar chart showing the attrition rate of store managers at Walmart and its competitors in March 2024. Walmart's attrition rate is 29.3%, compared to 23.2% for competitors. Source: Revelio Labs, April 2024

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