Walmart confirmed that the employees getting the raise are market managers who oversee multiple store locations as part of its broader pay increase plan

Walmart is offering some of its managers substantial wage hikes as part of a larger drive to increase salaries.

Beginning on February 1, the retailer said it will lift its base pay for market managers from $130,000 to $160,000. Here's how some of the pay changes will play out for managers: Base pay: up from $130,