Why Does Walmart Pay So Much?

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Logically Answered

Logically Answered

Күн бұрын

Salaries at Walmart have become insane. Software engineers are able to earn nearly half a million dollars per year. Product managers are also able to earn nearly half a million dollars per year. And, even data scientists are able to cross $400,000 in total compensation. This is nothing new for big tech companies like FAANG but Walmart is very much a legacy retailer. But, despite their industry, it looks like Walmart is very much trying to keep up with the modern tech industry. In fact, Walmart has a full-on tech subsidiary called Walmart Global Tech that employs 8,000 tech workers. It wasn’t always like this though. Back in the late 1990s and early 2000s, Walmart was very much resisting the tech revolution by suing up-and-coming competition and refusing to embrace tech. This led to about 16 years of stagnation in their stock price until they finally decided to go all in on tech. Today, Walmart is still definitely a retailer but they’re very much a retailer who’s based in tech. This video explains the history of Walmart’s tech endeavors and how Walmart become one of the top payers in the world.
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Timestamps:
0:00 - Walmart Salaries
2:35 - Walmart The Boomer
5:30 - Walmart Feels The Pain
8:40 - Walmart Pivots
11:47 - The Tech Walmart
Resources:
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Disclaimer:
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Пікірлер: 388
@HighLevelPlayer
@HighLevelPlayer Жыл бұрын
2009: Studying hard so you don't work at Walmart when you grow up. 2023: Hoping you get a job offer from Walmart so you can get paid well. What a turn around!
@eudofia
@eudofia Жыл бұрын
Yep.
@09NXN06
@09NXN06 Жыл бұрын
Lol oh how times have change!
@dylantech
@dylantech Жыл бұрын
There’s still a massive difference between working in retail versus working at corporate.
@IamAWESOME3980
@IamAWESOME3980 Жыл бұрын
it is like amazon warehouse vs amazon software development engineer. you dont want the first but 2nd is quite a sweet gig, well, until you get tired of the slave-driving corporate work culture which forces you to work 60 hours a week.
@eudofia
@eudofia Жыл бұрын
@@IamAWESOME3980 Work 60 hrs a week at $120/hr? Where do I sign up?😄
@gilgamesh310
@gilgamesh310 Жыл бұрын
I’m baffled to hear all this, this company has been infamous for not paying its employees well. But I’d imagine these are the lowest level employees.
@user-vo9wd6tx6c
@user-vo9wd6tx6c Жыл бұрын
Their retail workers need to unionize, this disparity is absurd.
@tylerboothman4496
@tylerboothman4496 Жыл бұрын
The Walmart I worked at paid their manager several times more than the 2 co-managers. That was about a decade ago though
@JRay2113
@JRay2113 Жыл бұрын
That’s not true anymore. Retail Walmart employees enjoy one of the highest starting salaries and great benefits, including the ability to pursue a college degree.
@christopherbrooks6355
@christopherbrooks6355 Жыл бұрын
Wal mart has the highest amount of welfare recipients if that says anything. They also have thier own portal to apply for government assistance
@eudofia
@eudofia Жыл бұрын
​@@christopherbrooks6355 Really!? Imagine that.
@hewhohasnoidentity4377
@hewhohasnoidentity4377 Жыл бұрын
Walmart has been known for having logistics capabilities on par with the US Department of Defense for years. That requires a significant amount of tech. Walmart being competitive in the tech space should not surprise anyone.
@GuinessOriginal
@GuinessOriginal Жыл бұрын
It also didn’t used to buy anything off the shelf but developed it all in house. Not sure if tufts still the case but either way they built up a lot of serious tech capability, and their ROI on technology investments was light years ahead of anyone else outside the tech sector
@calvin1715
@calvin1715 Жыл бұрын
Walmarts logistics are a fucking mess atleast from the point of view of a warehouse worker
@trollerjakthetrollinggod-e7761
@trollerjakthetrollinggod-e7761 Жыл бұрын
​@@calvin1715to be fair, it's probably the same for Amazon.
@dylantech
@dylantech 11 ай бұрын
@@calvin1715 That's just the nature of logistics. There are simply too many variables between truck maintenance issues, drivers going to the wrong place or needing to stop, or some warehouses getting backed up, that it's impossible for everything to run smoothly, which is why you have people working in operations and logistics who are always pulling their hair out trying to coordinate the mess and prevent one domino from knocking down all the others.
@SgtJoeSmith
@SgtJoeSmith 11 ай бұрын
walmart beat FEMA to hurricane disaster zones with semis of water and other supplies. in fact we should probably outsource FEMA to walmart cause FEMA is $16 billion in debt now and no money left in the flood insurance fund
@kamel418
@kamel418 Жыл бұрын
- Random company exist in pace. - Logically Answered: How does this company exist anymore?
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Yes
@A_ARAFAT
@A_ARAFAT Жыл бұрын
He's called logically answered for a reason
@aman_2002
@aman_2002 Жыл бұрын
100th like from my side
@dunkuzi5695
@dunkuzi5695 23 күн бұрын
Tbf it's not some random company it's it's wallmart
@jimmyneutron1776
@jimmyneutron1776 8 ай бұрын
My first tech job was with Walmart Global Tech. They have an absolutely behemoth tech organization, with DoD level cybersecurity practices. I’ll say that internally they’re a very dysfunctional company, but they gave me a salary that was unthinkable growing up in Arkansas and taught me a bunch.
@danielvasquez3758
@danielvasquez3758 Жыл бұрын
Tech jobs are never dying are they? Regardless of AI, as long as you know how to work a computer in a way most don’t, you should be good right?!??
@pepesreal
@pepesreal Жыл бұрын
I don't see AI making a full marketplace, maintaining it and innovating it, without software engineers there will be no websites
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Probably for our generation yes
@benchoflemons398
@benchoflemons398 Жыл бұрын
Idk, always be prepared
@LiveType
@LiveType Жыл бұрын
@@pepesreal Correct. Current AI tools are basically what I would call "highly adaptable boilerplate". They are shockingly good at it. Anything that requires actual "thinky" skills they miserably fail at without copious amounts of help. I don't see this changing too much in the next 3-5 years. You're just forgetting the fact about that 10x+ productivity boost. Jobs will of course remain but do you think they'll pay 10x as much as they do now when there are 10x fewer of them. So 1-5+ million USD per year? I guess it's possible but that's not how history has worked. What'll happen instead is an absolutely massive explosion of hyper niche products and services. I'm already seeing it start. When a single person (or more accurately a team of 3-6) can run a service that scales to thousands or millions without the need for additional manpower, that's exactly what will happen. All aboard the micro-niche train!
@AJ-kv1po
@AJ-kv1po Жыл бұрын
I suspect AI will be just another important tool in the workplace and true problem solving and creative thinking will always be of great value.
@Phianhcr123
@Phianhcr123 Жыл бұрын
I worked at Walmart once, and despite the fact that the job absolutely sucks. I have to admit, their employees software system is extremely well designed and organized, look very nice as well. So I guess this makes sense
@desenagrator
@desenagrator 11 ай бұрын
Yet their SMART system still uses a command line interface lol
@marcalt26
@marcalt26 11 ай бұрын
​@desenagrator Just an FYI, Walmart has been phasing out the SMART system for a few years now. It's mostly done on apps that Walmart developed so that employees can use them on company supplied smart phones ($300+ Samsung Galaxy smartphones), instead of $1000+ telxon's and tc70's. It's cheaper, and much better, and now all employees have access to the correct inventory related apps so they can do their job better, and faster, instead of having to go look for a handheld. Also the SMART System is barely even used anymore, it's slowly becoming obsolete and getting phased out completely. I've worked for them for 8 years and since I got hired in 2015 I have seen Walmart go through a lot of changes, mostly for the better. Except for getting rid of valuable jobs and putting more stress on people who are over certain departments, all so they can save money, and look like they are giving more raises to store workers 😒.
@Toxivity
@Toxivity 11 ай бұрын
@@marcalt26 are they not giving you a raise? Why is it bad that store workers are getting raises if the company can afford it?
@justindoucette9242
@justindoucette9242 9 ай бұрын
worked at sams club and almost killed myself
@Jujubees225
@Jujubees225 Ай бұрын
​@@justindoucette9242how was your experience at Sam's club?
@rhonnieminnie
@rhonnieminnie Жыл бұрын
I made significantly more at Walmart than i did a Google, Amazon, and Twitter. Wasn't even close.
@joo02
@joo02 Жыл бұрын
No way
@rhonnieminnie
@rhonnieminnie Жыл бұрын
@@joo02 ok....how much did i make at Google and at Walmart 🤔
@donnyvu1220
@donnyvu1220 Жыл бұрын
@@rhonnieminnieare you in tech or some HR role?
@rhonnieminnie
@rhonnieminnie Жыл бұрын
@@donnyvu1220 yes
@romanmckinney4776
@romanmckinney4776 11 ай бұрын
I have a relative who is a a Walmart claims supervisor. She been there over 35 years. She keeps telling me she dont make much . I think she is feeding me a bunch of BS. You do not stay with a company that long if they do not pay well. She has no college degree but seems to do pretty good ???
@CitizenZero1
@CitizenZero1 Жыл бұрын
Their grocery delivery is really easy and their return policy is even better than Amazon. Their prices are just about the same although sometimes Amazon is a bit cheaper.
@brodriguez11000
@brodriguez11000 Жыл бұрын
They still need to work out issues. Great value, their house brand stays out of stock a lot. They also don't ship a lot of items, but reserve for pickup only. Items also switch a lot from we can ship to pickup only increasing customer frustration. Plus most liquids are pickup only. Amazon doesn't suffer any of these problems.
@CitizenZero1
@CitizenZero1 11 ай бұрын
@@brodriguez11000 good points. I found that if you order your groceries after 11 AM the selection is usually much better. Maybe it has something to do with when their trucks get in or their system updates?
@YamikaniKalinde
@YamikaniKalinde Жыл бұрын
This channel keeps delivering top notch unique content. Keep it up
@chandlerfletcher4317
@chandlerfletcher4317 Жыл бұрын
love these videos that cover the evolution of companies!!
@amandhadwal3902
@amandhadwal3902 11 ай бұрын
thank you for the excellent content. great job.
@jaikumarjadhav6575
@jaikumarjadhav6575 Жыл бұрын
Amazon has forayed into tech AWS because they realized, retail competition will be cut throat if others pour huge money. But differentiated technology products services can provide permanent market by making companies dependent on it.
@GamerStudio3
@GamerStudio3 Жыл бұрын
Thanks for explaining things so easily. I always watch your videos.
@kdspland
@kdspland Ай бұрын
Good video, I had no clue they paid well but working there I realized there tech was good. They had a good inventory and ordering system.
@ccabalar
@ccabalar Жыл бұрын
Great video, world class breakdown.
@lilshaunpicanto
@lilshaunpicanto Жыл бұрын
Ari please never give up on us🙏 don’t change your style of content. Don’t change anything. At least if you decide to retire or outsource later, at least let it be an AI that sounds like you and tell stories that are top tier. Interesting stories. U inspired my writing style and now I publish newsletters almost everyday on LinkedIn and people love them. I’d pay to keep you alive forever and leave a legacy of thinkers
@archockencanto1645
@archockencanto1645 28 күн бұрын
Bruh, thia dude has the most run off the mill writing style... wdym you got inspired ☠️☠️☠️
@brandonmeens
@brandonmeens 29 күн бұрын
To all of the current Walmart (retail) employees that clicked this wondering what kinda BS they were going to spread, USE THE EDUCATION BENEFITS. You can get a bachelors at ZERO COST while working there. It’s not easy to be a student and work full time, but it’s a benefit that (if completed in 4 years) means another $15,000 a year. Use this while you can. If you leave in the middle of the program, you do not owe anything, and your credits are still valid!
@darrellrayford3817
@darrellrayford3817 Жыл бұрын
Very interesting. Walmart is extremely underrated company I did construction for Walmart a few years ago & I can say they have some big things planned.
@hainguyenhoang1031
@hainguyenhoang1031 Ай бұрын
As someone started at Walmart 10 months ago, the amount of data we use here is massive. So no surprise those data engineer’s wage so well 👏👏
@slushpuppii
@slushpuppii 11 ай бұрын
Use to go to a tech meetup at Walmart labs hosted in their office. Looked like they were doing pretty cool things there but heard it's closed since then
@minpark942
@minpark942 Ай бұрын
Okay good video but wtf was that 9:49 😂😂😂😂
@Hollowdude15
@Hollowdude15 10 ай бұрын
Nice video man and walmart is so awesome :]
@SgtJoeSmith
@SgtJoeSmith 11 ай бұрын
I live in the same city as walmart. There arent many jobs under $100,000 a year here. Landscapers, handyman, mechanics are all $100k to $150k jobs here. If you can fix lawn mowers all day for $60 an hour as a high school drop out or drive for ups for $80 an hour then you gonna have to pay over $100 an hour for a programmer.
@oneone8318
@oneone8318 Жыл бұрын
Funny how apple is on the chart of top paying jobs, when their factories in china pretty much don´t even pay wages and people doing like 24hour shifts 7 days a week or some shit like that :D
@AmandaVieiraMamaesouCult
@AmandaVieiraMamaesouCult Жыл бұрын
Yep, they make less than Walmart retail workers
@takotaw8453
@takotaw8453 Ай бұрын
Bro making the most basic observation
@seanthe100
@seanthe100 Ай бұрын
Those people don't work for apple, they work for foxconn winch is totally different
@walid6329
@walid6329 Жыл бұрын
didn't know Walmart had all of this tech damn, quite interesting video
@An1m3
@An1m3 Жыл бұрын
I find it funny because when I used to work at walmart a month ago, the equipment and the apps we used were outdated af.
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Wonder where all that tech power is going then haha
@llamaxrider
@llamaxrider Жыл бұрын
@@LogicallyAnswered It honestly isnt that bad, compared to other retailers I love it. Im able to sit in my car and get a 20 min extra break because I can switch my location to the store im working at and clock in.
@An1m3
@An1m3 Жыл бұрын
@@llamaxrider yeah I was lucky I was able to do that with the work phone they gave me for my position. Due to labor laws in my state, we weren't allowed to access that time clock feature on our personal phones so if you weren't like a stocker or sales associate, you weren't able to get that work phone which had access to that feature and have to resort to using the actual timeclock.
@unknownexponential
@unknownexponential Жыл бұрын
The scanner software on the worker app seems to have some ai training. A bit back, it suddenly started being able to scan barcodes in basically any condition and orientation. The regular app that customers use still has that hold still to scan crap, I think to make I look nice or something.
@unknownexponential
@unknownexponential Жыл бұрын
I think 90% of the tech is focused in the online store and delivery. Then, whenever they have free time, they upgrade systems for the employees.
@amitabhstatton3236
@amitabhstatton3236 Жыл бұрын
Keep posting those salary data videos. I am hungry for more content like this. Think of me as Muncher on the new Ghostbusters movie.
@stevenshorten6184
@stevenshorten6184 Жыл бұрын
When you have 3 people running the entire store while I have to sit in a looong self-checkout line, I imagine paying someone isn't too hard.
@MminaMaclang
@MminaMaclang Жыл бұрын
As a person working a tech job in the e-commerce space, where they treat the employees like it's a retail company 😂 send help!!
@IamOl1vebranch
@IamOl1vebranch Жыл бұрын
For the year 2022, Amazon recorded a net loss of $2.722 billion on revenue of $513.98 billion, meaning the company was not profitable in 2022. The company’s profit experienced a sharp decline from its record net income of $33 billion in 2021, ending its 6-year streak of profitability.
@Donnirononon
@Donnirononon Жыл бұрын
Meanwhile as a software engineer with a 1A grade, being core contributor to a well known PHP framework, also well adversed in AWS & Google Cloud and fluent in Packer and Terraform and i am unable to find a job because in my country standards are so low you can forget everything you learned and have to start to embrace sphagetti. I could earn big time if i moved to the US but i got family and so i am going to work for 60k again being treated like a dumbass...
@rayoflight62
@rayoflight62 Жыл бұрын
Very well made video, clear to the point - have my compliments! Greetings Anthony
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Thank you Anthony!
@hariharpuri1362
@hariharpuri1362 Жыл бұрын
Looks like Walmart has something else special other than there giant parking lots 😂 Jokes aside, it is great to see a good integration of tech and software engineer at this rate there importance become stable in the market where tech updates every day. Great video 👍
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Yep, adapting to the modern business landscape
@StLouis-yu9iz
@StLouis-yu9iz Жыл бұрын
Just not the environmental landscape by scaling down the horrible big box stores that must be driven to. :/
@SuperFlashDriver
@SuperFlashDriver 11 ай бұрын
@@StLouis-yu9iz I mean, they're literally called "Supercenters" for a reason.
@thomas-ux8co
@thomas-ux8co Ай бұрын
good docu
@IamAWESOME3980
@IamAWESOME3980 Жыл бұрын
it depends on where you are located. target and costco might not be headquater at expensive texas or california like where walmart is thus lower cost of living and thus lower pay
@Rhicoinc
@Rhicoinc Жыл бұрын
Walmart is headquartered in Bentonville Arkansas
@zd841
@zd841 Жыл бұрын
Very true and the tech jobs are located across the US. I was in bentonville, but there are also many tech centers in Dallas, San Francisco, etc.
@luthandoqbaliya8543
@luthandoqbaliya8543 Жыл бұрын
Your channel is God-tier my brother 👌🏾
@KentPaul
@KentPaul Жыл бұрын
Top talent deserve top dollar. Since their contributions can lead to millions or billions in ROI, it is a small chunk of change compared to the value they deliver.
@zd841
@zd841 Жыл бұрын
I was a Director of Data Science for walmart last year. Your salary and stock numbers are way off. For the Distinguished level it is more like 170k + 75 stock per yr + 30% bonus. The bonus was chopped to 60% of that so call it 20%. The stock includes a hiring bonus and will fall to 35k per yr if they even continue to award it. All in all you could be as high as 270-300k or as low as 160-170 but around 210-230k is the most likely. These would be for the headquarters location in Arkansas, the San Francisco office may have a cola adjustment.
@ryanmaris1917
@ryanmaris1917 Жыл бұрын
The base pay for a 3rd shift stocker at my Walmart is 18.50 including the shift difference. This means without missing if this was salary, a 3rd shift stocker at my Walmart would. 38,480 per year. It’s pretty insane considering all we do is put items on a shelf and cardboard into a baler. Walmart also only allows hourly employees where I work to carry 80 hours of PTO I to the new year and multiple guys will often end the year with well over 100 hours so they make over 40k per year working at Walmart. You add in their wife making make 20-35k at their job and it’s not surprising to see people making it at what use to be low wage dead end jobs that were only for the retired or college kid.
@PressKevinToContinue
@PressKevinToContinue Жыл бұрын
I remember getting paid $17 an hour as a stocker. Pretty good if you ask me
@TuNnL
@TuNnL Жыл бұрын
Seeing what percentage of front end cashier service is "self-checkout" should tell you all you need to know on what Wal-Mart's 'automation' and 'tech' goals are. My Wal-Mart has a special parking lot just for people who paid online and are "picking up" without entering the store. 🖥️🚘📦
@reesewignal69
@reesewignal69 Ай бұрын
Hi Walmart worker here. For hourly associates they tend to find every way to screw you out of your raises, I have worked with the company for 3 years and I work with someone who has worked here for 10, we are both paid the same as someone hired yesterday because our pay is usually not adjusted when the starting wage goes up, leaving you stuck at the pay floor.
@adityabohra1482
@adityabohra1482 Жыл бұрын
What is the website you use to track mcap, revenue and net incomes of companies?
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
companiesmarketcap.com
@adityabohra1482
@adityabohra1482 Жыл бұрын
@@LogicallyAnswered thank you ping me in case you need any help with research 🙌
@neilcoelho
@neilcoelho Жыл бұрын
What about Walmart's $1 billion acquisition of Flipkart?
@Mypremiumacct
@Mypremiumacct 3 ай бұрын
They really dont pay well. For competing with amazon in terms of delivery, through spark or golocal, Sams club employees hardly get paid. Amazon work in Texas is around 20 an hour and Sams curbside is 17 an hour.
@jdnaveen321
@jdnaveen321 11 ай бұрын
Also you forgot in 2018 walmart acquired flipkart for $16 billion which is indias biggest ecommerce platform and the main competitor of amazon
@arnaudsm
@arnaudsm Жыл бұрын
8:10 This is misleading. Flash websites were common at the time, and were the most interactive and futuristic for their time. Flash was only depreciated recently.
@brodriguez11000
@brodriguez11000 Жыл бұрын
Adobe animate, so Flash didn't disappear.
@bretabderahmen3785
@bretabderahmen3785 Жыл бұрын
Can someone recommends books to talk about subjects like this ?
@arnaudsm
@arnaudsm Жыл бұрын
5:14 This is misleading too, AWS cloud represents 75% of Amazon's profits
@AnonymousAccount514
@AnonymousAccount514 Ай бұрын
wow...i had no idea...makes you wonder why people only mention FAANG....looks like it should be WAANG
@StLouis-yu9iz
@StLouis-yu9iz Жыл бұрын
Walmart is the worst company in the world. They don’t have any ethical sense at all. (Was a manager with them for several years, trust me that corporation is pure evil.)
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Oof
@NONO-hz4vo
@NONO-hz4vo Жыл бұрын
Haven't worked there but can't imagine any company who's sole goal is the cheapest price ever being ethical and good to their employees.
@lynnzerben
@lynnzerben Жыл бұрын
For several decades my dad worked for the Texas Workforce Commission. Basically he would hold hearings to determine if someone was eligible for unemployment benefits. He had a lot of hearings with Walmart. He never shops there unless there’s no other choice. They’re really not a good company
@ElJosher
@ElJosher Жыл бұрын
@@lynnzerbenI’m from puerto rico and I don’t shop at walmart unless there is something there that is not available anywhere else and I need it fast. My reasoning for it is they same as your father’s, i.e walmart is a big company and not a good one at that, but also because to us American companies are foreign companies. And I would rather not support american companies over local.
@philipmurphy2
@philipmurphy2 Жыл бұрын
As Logically Answered is usually interesting, I have changed the bell from personallise to all.
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Thank you Philip!
@matthewhuszarik4173
@matthewhuszarik4173 Ай бұрын
Walmart has such a bad reputation that they have to pay considerably more to draw employees. Who wants to tell anyone they work for Walmart?
@edocms
@edocms Жыл бұрын
That's why the prices at Walmart is so expensive. Their bike helmets are much more expensive than Canadiantire. Everything else is at least twice as expensive as a dollar store with the same or similar quality.
@kd2mgm494
@kd2mgm494 Жыл бұрын
Big retail tech jobs... its like playing different golf courses.
@joshswanson8819
@joshswanson8819 11 ай бұрын
Man why does KZbin only keep playing video’s with auto play I’ve already watched in full…
@MrMiniPancakes
@MrMiniPancakes Жыл бұрын
I am an actual software engineer level 2 here and I DO NOT make that money. Idk where you got your stats from. 30-40% is in stock btw.
@zd841
@zd841 Жыл бұрын
100% , across the board all the data science number are wildly incorrect
@zacharyhenderson2902
@zacharyhenderson2902 Жыл бұрын
Walmart has the largest labor force in the entire world, and they want to keep it. In order to do that and to get the best and brightest to bubble up to the surface, they have to be generous with what they offer.
@siamimam2109
@siamimam2109 Жыл бұрын
I wish they focused on Quality over Quantity! I worked as an UNLOADER and we had to hire 10-20 people every month just for that position. They hired the slowest/laziest people on the planet! Eventually most would quit after 1-2 months. Meanwhile me and 3 other guys were unloading trucks faster than a team of 10. Instead of appreciating our hard work, they kept paying us the same as the new hires 😂 We all left after 1 year. That’s walmart for you in a Nutshell
@zacharyhenderson2902
@zacharyhenderson2902 Жыл бұрын
@@siamimam2109 Huh? So you're telling me you're complaining that you got paid the same as everyone else, even though you had an inflated sense of self-worth. And because you didn't get paid more than what you agreed to do the job for you quit, even though you literally just complained about other people doing the same thing.
@siamimam2109
@siamimam2109 Жыл бұрын
@@zacharyhenderson2902 yep. Whatever makes you happy, Im all for it 😃
@benroberts1446
@benroberts1446 7 ай бұрын
I thought that Walmart invested heavily in analytics early on.That's what gave it an edge over other major retailers before it was the king. The tech culture was probably already there
@gnes04
@gnes04 Ай бұрын
Walmart seems to be focusing on keeping up with modernizing their supply chains. The retail stores are just a small part of the story, all their optimisations lie in the tech
@winterheat
@winterheat Жыл бұрын
how come if I go to levels fyi , it is not like that... they don't pay that much... besides, I once worked there as a contractor senior software engineer. The ethnicity or race at that company is about 95% one race. They seem to need to churn contractors with different races in order they have good "diversity". The way they did it was hire a contractor for 4 months, let them go, and hire another one, so in one year, their "diversity" is 3x more diverse
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Maybe you were checking Walmart instead of Walmart Global Tech www.levels.fyi/companies/walmart-global-tech/salaries/software-engineer
@winterheat
@winterheat Жыл бұрын
@@LogicallyAnswered so I am looking at it now: Senior Software Engineer - E4 Average Total Compensation US$230,291 not that high... maybe we are looking at different things?
@joelmagnusson511
@joelmagnusson511 Жыл бұрын
Niko Omilana from out of nowhere?!
@mrbiznessman
@mrbiznessman Жыл бұрын
What source did you use to show the salary ranking?
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
levels.fyi
@mrbiznessman
@mrbiznessman Жыл бұрын
Thank you
@modotu
@modotu Жыл бұрын
Why was at 9:48 just a random image of jeff bezos 😂😂
@rakileh
@rakileh Жыл бұрын
Healthcare, one word to sum this video topic
@jameslight4391
@jameslight4391 Жыл бұрын
Why did you put a news clip of a Walmart shooting? Why not use a stock photo of Walmart?
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Yeah that would’ve been better. I dont think my editor noticed that.
@StLouis-yu9iz
@StLouis-yu9iz Жыл бұрын
That was probably the most accurate depiction of this company in the whole video. They’re awful. 😂
@aaronj3245
@aaronj3245 Жыл бұрын
hi bro i have a qwestion. is youtube your side job or u went full time?
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Full time
@aaronj3245
@aaronj3245 Жыл бұрын
@@LogicallyAnswered dem bro
@icetrip2417
@icetrip2417 11 ай бұрын
​@@aaronj3245bro is dedicated ❤😢
@durandus676
@durandus676 Ай бұрын
After the one truck loader came up with a better loading stool, I’ve heard more and more about Walmart treating employees better. He saved them hundreds of millions in time.
@investors_
@investors_ Жыл бұрын
It does show Walmart acquired flipkart in 17 billion dollar now worth 70 billion
@silverchairsg
@silverchairsg Жыл бұрын
Man, I wish I had a passion for tech like those guys who eat sleep and breathe code. I took a few coding classes in college and didn't really like it (did reasonably well though, B+ grades), and I'm regretting my choice not to go become a software engineer. I may hate what I do, but at least I'll get paid well.
@callous21
@callous21 Жыл бұрын
What do u do?
@eudofia
@eudofia Жыл бұрын
Who would have thought. I now want to work for Walmart. But in tech.
@indraneel5123
@indraneel5123 Жыл бұрын
Good luck 🤞
@zd841
@zd841 Жыл бұрын
It will be about 1/2 the salary advertised here. And they really make you earn it.
@auraguard0212
@auraguard0212 Жыл бұрын
Walmart's shipping apparatus is most of our contribution to global warming, if I recall correctly. XD
@mathgasm8484
@mathgasm8484 Ай бұрын
HEB pays less for SE. I need to apply to Walmart lol.
@levoGAMES
@levoGAMES Жыл бұрын
So what does an actual walmart job pay? Like physically working in the market? Websites claim that the AVERAGE pay is $17 per hour, which translates to ~ 36k yearly as a full time job. Depending on your region (USA) that might not be enough to make a living; also keep in mind the many positions that fall somewhere below the average to as low as only $11 per hour.
@kaileytaylor4518
@kaileytaylor4518 Жыл бұрын
I worked there for a year in Online Grocery Pickup, very stressful and started at $11.50/hour. Eventually got a raise to $13, but only because they increased the minimum pay for everyone in my store to $13. They also kept increasing our expectations and order capacity (despite us still being understaffed), so by the time I quit I was doing more than double the work of when I started. At at least one point our average turnover rate was less than 3 months. Got outta there so fast once I started college lol
@SgtJoeSmith
@SgtJoeSmith 11 ай бұрын
idk but my city where their home office is i offer walmart cashiers $50k and 4 weeks vacation to mow lawns and they laugh and turn it down.
@lukadoncicDevinFather
@lukadoncicDevinFather Жыл бұрын
shiiiiiiii screw this Google interview next week, gimme Walmart
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Good luck :)
@kyle7514
@kyle7514 Жыл бұрын
Even as a stocker I make $18.50/hr and to give you an example of the cost of living in my area, I pay $750 for a two bedroom apartment and my electric bill this month was $49. Makes feel kind of guilty that positions like nurses/teachers are making around the same in this area. I'm by no means grateful to Walmart but I really wasn't expecting to get away with surviving working 3 days a week
@kaileytaylor4518
@kaileytaylor4518 Жыл бұрын
That's amazing and I'm glad you're getting that much. I worked there for a year in OGP and some stocking, started at $11.50 before they raised the minimum for $13. Not a great experience and my department was a mess lol. Currently working as a hospital nursing assistant for $15, and while it's a much better environment I really wish they would pay us more for everything we do and how large of a company it is. But having worked in retail, I'm happy for anyone who is able to make a decent wage
@kyle7514
@kyle7514 Жыл бұрын
@@kaileytaylor4518 I've definitely worked way worse and more stressful jobs for way less pay before so this is nice. You deserve so much more! It really is ludicrous what companies and especially hospitals get away with paying people! I hope your student debt isn't too much at least
@kaileytaylor4518
@kaileytaylor4518 Жыл бұрын
@@kyle7514 Thank you! I'm still in school and doing well with scholarships, so tuition hasn't been too bad. But yeah, staying in healthcare but definitely not nursing long-term
@kyle7514
@kyle7514 Жыл бұрын
@@kaileytaylor4518 Can't imagine the kind of debt you'd be in if it wasn't for the scholarships. Fear of debt is a big reason I didn't pursue higher education, got any idea specifically of what you want to do in healthcare?
@kaileytaylor4518
@kaileytaylor4518 Жыл бұрын
@@kyle7514 Yeah, our education system is a mess and I don't think I would've pursued higher education either if I didn't have these scholarships. If you ever consider going though, look into community/junior college. They tend to be a lot more flexible and so much cheaper, and the one where I live has a lot of 1 or 2 year programs for trade schools or healthcare tech degrees. I'm planning on being a vascular ultrasound and/or echocardiography tech, there's a 1-year internship program for them at the hospital I work at that I can start after finishing my bachelor's degree. I'm just hoping to apply early and make sure I can get a spot
@johnl2727
@johnl2727 Жыл бұрын
But you have to live in Bentonville, AR.
@franko8572
@franko8572 Жыл бұрын
You know what, man. A lot of people shit on a company like wal mart but go look at what a store manager makes, it’s over $150,000 on average, then look at district and regional managers! The same is true with companies like Home Depot and other retail. The get a bad rap because they employ mostly entry level people with entry level skills and that’s how they get portrayed. My mom works for home depot, she started there in 1996. She got to a point where she stopped taking promotions, but as long as you show up and do more than other people you can rise is those companies. A girl she started with in 1996 is a regional vice president now!
@ryanreedgibson
@ryanreedgibson Жыл бұрын
I used to make 8mil a year contracting with the Dept of Interior. Now I make nothing.
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Well, you should be set by now at that rate haha
@ShubhamMishrabro
@ShubhamMishrabro Жыл бұрын
What happened
@RikuRicardo
@RikuRicardo Жыл бұрын
@@ShubhamMishrabro They found out he was full of crap and rescinded his pay.
@wisenber
@wisenber Жыл бұрын
Walmart isn't a legacy retailer, nor has it been in decades. Legacy retailers don't have end to end supply chain management, and Walmart is one of the larger e-commerce retailers. They've been data driven for decades. That's what helped them displace legacy retailers.
@GET2222
@GET2222 Жыл бұрын
Walmart is still Walmart.
@CDestroyR
@CDestroyR Жыл бұрын
I compiled a complete list of people who would wilfully move to Arkansas:
@w4439
@w4439 11 ай бұрын
I just finished a 2 year contract with them and can finally afford to buy nice home!
@JRay2113
@JRay2113 Жыл бұрын
You don’t understand the history of Walmart. They have always been at the forefront of embracing new technologies since their founding by Sam Walmart. They were the first to streamline their warehousing with barcode tracking, and they had online replenishment for the vendors… in the 80s.
@brodriguez11000
@brodriguez11000 Жыл бұрын
Even RFID.
@riglowkun
@riglowkun 10 ай бұрын
Yeah I never understood why employees hated working at walmart tbh
@dvd4133
@dvd4133 Ай бұрын
A Distinguished Engineer for 500k is a joke, Walmart are lowballing
@rachel-po5rm
@rachel-po5rm Жыл бұрын
I’m getting into computers to get out of Walmart 😂. Im shocked they pay well for tech
@callous21
@callous21 Жыл бұрын
Same here
@-eternal
@-eternal Ай бұрын
bro I make $15/h working full time with 10x the responsibility of when I was a cashier for them. Extremely underpaid down here.
@augustoliver2779
@augustoliver2779 11 ай бұрын
Pay well to attract and retain talent
@manojBadam
@manojBadam Ай бұрын
1:09 you are comparing distinguished engineer salary of Walmart with Entry level position salary in Facebook or Apple.
@benshaughnessy2275
@benshaughnessy2275 Жыл бұрын
the headline at 2:15 is not like the others
@karlstrauss2330
@karlstrauss2330 Жыл бұрын
If Walmart can afford to pay their tech workers so much, why can’t they increase their wages for cashiers and front line workers?
@esketeske3495
@esketeske3495 Жыл бұрын
Just a matter of negotiation. More people could do that job and walmart abuses that. Unions are necessary baby.
@good-tn9sr
@good-tn9sr Жыл бұрын
demand. Anyone can be a cashier. The smartest engineers cost a lot of money to buy, these guys are geniuses coming from Ivy Leagues
@karlstrauss2330
@karlstrauss2330 Жыл бұрын
@@good-tn9srmore reason for America to restrict low-skill immigration.
@good-tn9sr
@good-tn9sr Жыл бұрын
@@karlstrauss2330 That’s what they have been doing for a while now. This is why you see a lot of indian software engineers working at these places because they are much smarter than our average engineer and they’ll work at a competitive wage.
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Tbh, it has to do with ease of replaceability as opposed to economic reasons
@mjc0961
@mjc0961 Жыл бұрын
They pay software engineers that much, and yet their website is still absolute garbage to shop on. Why doesn't it have a simple "show only items from walmart" filter so I can stop seeing all those 3rd party scalper results?!
@levoGAMES
@levoGAMES Жыл бұрын
Write them an email, they might actual consider your feedback.
@hainguyenhoang1031
@hainguyenhoang1031 Ай бұрын
They have it now, fyi 😂
@MCorpReview
@MCorpReview Жыл бұрын
U get what you pay 💰 so just hire the best 😂😊
@user-hy6yl6qt9l
@user-hy6yl6qt9l Жыл бұрын
If AI replaces engineers than it’s over for everyone else 😅
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
There will always be a new frontier :)
@fischX
@fischX Жыл бұрын
Walmart got a stitch by Amazon - but who daggered them in the stomach and let dem bleeding was Aldi nobody buys fresh groceries with Amazon
@nathanliew2103
@nathanliew2103 Ай бұрын
They need to keep up with Amazon or else they're just a showroom and will go bankrupt. People go to Walmart take pictures of the item and buy it online.
@sunablast
@sunablast 11 ай бұрын
My Walmart wasn't even hiring bruh
@red2theelectricboogaloo961
@red2theelectricboogaloo961 Жыл бұрын
IS THE PENDULUM SWINGING BACK??????
@LogicallyAnswered
@LogicallyAnswered Жыл бұрын
Just cooling off
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