Walmart announces changes to job titles and pay structure for corporate staff starting in November 

These changes will primarily impact job titles and compensation 

Current employees will not have their base pay reduced 

Some staff will receive new job titles without changes to their roles, responsibilities, or base pay 

Walmart is also updating its bonus targets and stock compensation plans 

Walmart is also updating its bonus targets and stock compensation plans 

The company is evolving to remain competitive and streamline job titles across campus office roles 

Corporate employees at Walmart and Sam’s Club will be reclassified into fewer job title groups with pay changes coming in November 

Most staff will receive the same or higher levels of stock compensation 

Approximately 4% of staff will see reductions in stock targets to align compensation across different geographies