While most companies are thinning their ranks in management, Walmart store managers can now earn up to $620,000 per year in annual compensation. Is Walmart over-paying?

The retailer is increasing bonus and stock awards for regional store managers and cutting some perks for office workers.

Walmart is offering pay raises and stock bonuses that will mean some managers can earn up to $600,000 This week, retail giant Walmart announced that about 440 managers are set to earn a pay raise that will bump some employees’ salaries well into the high six-figure range—even up to $620,

Walmart is bumping pay for a number of managers, which will put some employees' salaries well into the high-six-figure range -- even up to $620,000

A Walmart Inc. (NYSE: WMT) manager who runs a dozen stores can now make over $600,000 a year, which is as much as some publicly traded company CEOs do. Walmart calls these workers “market managers.” 24/7 Wall St.