Walmart has a new way to turn college grads into store managers

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Walmart has a new way to turn college grads into store managers
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Walmart is creating a new program to fast-track recent college graduates into store manager positions — salaried roles that pay upwards of $200,000 a year

Facing a competitive labor market, Walmart is piloting a"College2Career" training program open to recent college graduates and current students set to graduate that aims to move them to store bosses within two years, the company announced Sunday. Walmart, the largest private employer in the United States with more than 1.5 million workers, typically promotes store leaders from within its hourly ranks.

Walmart hopes its new program, which will provide classroom training, hands-on experience and mentoring, will prove appealing to recruits.Read MoreAt the end of the program, Walmart will offer"top performers" a newly created store management position — emerging coach — with starting pay of $65,000 a year."We see the emerging coach role as an additional pipeline to develop high-potential talent into future store managers," Walmart said in its announcement.

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