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Walmart CEO Doug McMillon is just a regular old working stiff. Speaking at the Code Conference today, he answered a question from the audience about how he's "making life better" for Walmart's "associates" (to the uninitiated they'd be just "retail employees"). McMillon answered, "I'm one of them," according to Business Insider. For evidence, he recalled his work in a store as well as in a warehouse. He did not, however, recall his nearly $10 million paycheck just last year alone.
To further answer the question, McMillon threw out some numbers like, the company has 1.3 million associates and "only" 30,000 of them make the minimum wage. He's also helping them by allowing his employees to climb up the latter to reach managerial positions, many of which pay $150,000 on average. So. There?
· Walmart CEO Made $9.56 Million Last Year, But He Says He's An 'Associate' Just Like 30,000 Minimum Wage Employees [Business Insider]
· Employee Goes on Anti-Walmart Tirade in FAQ Form [Racked]
· Wow: Target's CEO to Step Down, Effective Immediately [Racked]
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