Walmart Introduces $20,000 Stock Grants for Managers, Aims to Promote Employee Ownership

Walmart recently announced stock grants of up to $20,000 for managers and a 3-1 stock split, saying it aims to encourage more employee stock ownership. Walmart's actions as the largest employer may set a precedent for wider employee equity ownership, and the retail giant's strategy could signal a shift towards more widespread stock distribution among retail employees. Stock grants can incentivize retention, encourage managers to boost company performance and shareholder value, and create a path to wealth for workers.