Walmart managers could now earn more than $600,000 a year under a new compensation package that includes additional stock grants, the nation’s largest private employer announced.

Walmart is adding $25,000 in annual stock grants to its compensation package for market managers, Retail Dive reported. The change makes managers eligible for $100,000 in stock grants each year.

The minimum salary for market managers was also raised from $130,000 to $160,000 with the top end of the pay range remaining at $260,000. Managers can also earn an annual bonus of up to 100% of their salary, an increase from the 90% in place before.

In total, the earning potential for Walmart market managers is now $620,000.

“Walmart is increasing base pay, bonus opportunity and annual stock awards for our Market Managers,” the company told Fox News, adding the jobs are “key for our business and for serving our customers however they shop.”

Market managers oversee about a dozen stores and store managers, Retail Dive reported.

Store managers will also be getting a raise. The current average salary for store managers of $117,000 will be raised to $128,000. They would also be eligible for annual bonuses as high as 200% of base salary.

The change is just the latest from the nation’s largest retailer designed to attract and retain workers. Last year, the company announced it would offer bonuses of up to $1,000 a year for eligible full-time and part-time hourly store associates.

Walmart currently employs roughly 1.6 million people in the U.S.