What it does: It operates a chain of hypermarkets or supercenters, grocery stores, and discount department stores in the United States.
Mission: ‘to save people money so they can live better.
Size and presence: Walmart operates around 10,500 stores and clubs under 46 banners in 24 countries and has an eCommerce website.
Best known for: selling a wide variety of products at low prices at 10,500 stores and on its eCommerce sites. It provides cheaper and more accessible services than its competitors and consistently offers low everyday prices to its customers.
The good bits: Walmart is a great place to work as it offers endless opportunities for both recent graduates and experienced ones. It has many stores around the world and offers career options in different departments.
The not-so-good bits: There can be stiff competition among employees as in a big corporation like Walmart, everyone wants to step up the hierarchy. Also, the staff is expected to give their 100% to meet the needs of their customers.
Walmart Inc. is an American multinational retail corporation that was founded in 1962 by Sam Walton. It was incorporated under Delaware General Corporation Law in 1969 and owns and operates Sam’s Club retail warehouses. The company has 10,585 stores and clubs in 24 countries as of April 30, 2022. These stores and clubs operate under 46 different names and have wholly owned operations in Canada, Chile, and South Africa.
Walton opened the first Wal-Mart Discount store on July 2, 1962, at Walnut Street in Rogers, Arkansas. The design of the store was inspired by Ann & Hope and the name was inspired by FedMart, a chain of discount department stores. Within five years, the company gained immense popularity and expanded to 18 stores in Arkansas, reaching $9 million in sales. In 1968, it opened its first stores outside the boundaries of Arkansas in Missouri, Sikeston, and Claremore.
Walmart U.S. is the largest division of the company, generating around 65% of total sales as recorded in fiscal 2019. It operates under three retail formats: Supercenters, Discount Stores, and Neighbourhood Markets. As of April 30, 2022, there are 4,735 Walmart stores in the U.S.
Walmart fosters a workplace culture of diversity, equity, and inclusion where everyone wins. It attracts associates with unique identities, experiences, styles, abilities, and perspectives. The company strives to create a vibe that reflects its values of Respect, Integrity, Service, and Excellence.
It tries to activate the same culture across the enterprise to build an inclusive brand both inside and outside of the company. The management follows an approach of coordination and collaboration in all departments to create a cohesive inclusive environment for associates.
Walmart is the largest employer in the United States and has employed around 1.5 million Americans. Here’s what to expect from the selection process for stores and clubs…
The selected candidates will also be asked to complete a few pre-employment checks before getting the final offer letter.
Walmart has something for everyone and offers excellent career opportunities in different departments. The main career areas include Stores & Clubs, Distribution, Fulfillment & Drivers, Healthcare, Technology, and Corporate. The features teams include Merchandising, Supply Chain & Operations, Finance, People, Marketing & Customer Insights, Data Science & Analytics, Software Engineering, Product Management, and more.
It also offers many opportunities for students, recent graduates, and interns by providing them access to industry leaders. The programs include Undergraduate Internships, Graduate and MBA Internships, People Development Program, Accounting & Finance Development Program, and full-time opportunities for new graduates.
In 2020, Walmart hired over 500,000 new associates globally and strives to provide low barriers to job opportunities. It also offers career opportunities for Military Veterans, National Guard/Reserves, and Military spouses.
The average salaries of Walmart associates range from approximately $20,100 per year to $180,000. The average hourly pay ranges from around $10.10 per hour to $45.00 per hour. The Software Engineer gets around $121,950 per year while a cashier gets hourly wages ranging from $7 to $15.
The Vice President of Walmart is the highest-paying job with a salary ranging from $1,06,271 to $2,90,538. At Walmart, employees working in customer service jobs and healthcare jobs tend to get the highest salaries.
Walmart believes in delivering greater societal impact and through Walmart's Organisation, it helps different communities to live better every day. It strives to build a more sustainable future, advance diversity, and bring communities together. The company promotes respect for human rights and pursues special initiatives to increase awareness.
Moreover, it has been collaborating with others to focus on climate, nature, waste, and people in supply chains. It helps communities through local giving and volunteering, providing access to healthy food and services, providing emergency relief during disasters, and donating food.
Walmart has been criticized by various groups and individuals for its business practices and policies. Some areas of criticism by labor unions, community groups, environmental groups, etc include the company’s foreign product sourcing, environmental practices, security policies, and working conditions. However, Walmart has denied all these allegations of doing anything wrong and stated that low prices are because of the increased efficiency.