Dollar General
Compensation Insight

How Dollar General Pays

Dollar General's DG-1 to DG-11 ladder runs from hourly sales associate to executive vice president, with RSUs and PSUs granted almost only above senior director, an $8.16M CEO package at a 432:1 ratio, and 12 verified US markets against 253 employees abroad.

~194,000 employees · NYSE: DG · Dollar General Corporation · Goodlettsville, Tennessee · FY ends late January
Employees
~194,000
Full- and part-time headcount at 27 February 2026. Only 253 people were compensated outside the United States: 147 in Mexico, 96 in China, 9 in Hong Kong and 1 in Turkey.
Stores
20,959
Stores across 48 states and Mexico at the FY2025 year end, which is why the workforce is overwhelmingly hourly and store-based.
FY2025 net sales
$42.72B
Reported against a $42.229 billion Teamshare target, so the net-sales component paid at 101.2 percent of target.
Share-based compensation
$91.45M
FY2025 expense, up from $58.738 million in FY2024 and $51.891 million in FY2023, with $112.1 million unrecognised over a weighted-average 1.7 years.
CEO total pay
$8.16M
Todd Vasos's FY2025 Summary Compensation Table total, of which $6,020,167 was the Teamshare cash payment and none was an annual stock award.
CEO pay ratio
432:1
Measured against a median employee total of $18,876, identified as a full-time store associate.
FY2025 Teamshare payout
182.4%
Blended executive result, after roughly 10.2 percent of target in FY2024 and nothing for most continuing named executives in FY2023.
401(k) match expense
$40.2M
FY2025 company matching cost, up from $38.2 million in FY2024 and $35.9 million in FY2023. The employee-facing match formula is not published.
H-1B average base
$139,027
Average proffered base across 41 FY2025 labour condition applications, with 28 USCIS approvals and no denials reported by the aggregator.
Locations
United States
1.00× base / 1.00× TC vs Goodlettsville

Band Hierarchy

Dollar General publishes job titles and executive roles but no numbered grade architecture. DG-1 to DG-11 is an analytical crosswalk built from official postings, visa records, third-party salary data and the 2026 proxy, and no employee sees these codes in an HR system.

Frontline ladder — DG-1 through DG-3

DG-3
Assistant Store Manager / Frontline SupervisorRetail and distribution · variable 9% · modeled
Assistant store manager, shift lead, fleet or warehouse team lead
DG-2
Lead Associate / Key HolderRetail and distribution · variable 6% · modeled
Lead sales associate, key holder, experienced warehouse associate
DG-1
Store Associate / Entry OperationsRetail and distribution · variable 3% · modeled
Sales associate, cashier, stocker, entry warehouse associate

Professional and field-management ladder — DG-4 through DG-7

DG-7
Senior Manager / Principal Technical ICCorporate management and technical IC · variable 21% · reported
Principal engineer, solution architect, senior manager, senior programme lead
DG-6
Manager / Lead Engineer / Area LeaderCorporate management and technical IC · variable 19% · verified
Lead software engineer, corporate manager, programme manager, area or regional operations manager
DG-5
District Manager / Senior ProfessionalField management and technical IC · variable 14% · verified
Retail district manager, senior analyst, senior software engineer
DG-4
Store Manager / Analyst / SupervisorParallel retail, corporate IC and distribution tracks · variable 11% · modeled
Store manager, corporate analyst, specialist, warehouse supervisor, claims representative

Senior leadership ladder — DG-8 through DG-10

DG-10
Vice PresidentExecutive leadership · variable 52% · modeled
Vice president of a corporate function, vice president of distribution or field operations
DG-9
Senior Director / Regional DirectorSenior management · variable 30% · modeled
Senior director, regional field director, enterprise subject-matter leader
DG-8
Director / Distribution Center DirectorSenior management · variable 23% · modeled
Functional director, engineering director, distribution centre director

Executive

DG-11
Executive Vice President / C-suiteNamed and other executive officers · variable 75% · verified
Chief financial officer, chief operating officer, general counsel, chief information officer, chief human resources officer

Disclosed executive layer

Chief Executive Officer
Todd J. Vasos through 31 December 2026; Jerry "JJ" Fleeman from 1 January 2027
Fully disclosed in the proxy statement and the March 2026 succession Form 8-K
Executive Vice President and C-suite
Emily C. Taylor (COO), Donny H. Lau (CFO), Rhonda M. Taylor (General Counsel), Carman R. Wenkoff (CIO)
Salary, bonus, equity and perquisites disclosed individually for named executives
Other executive officers
Kathleen A. Reardon and Roderick J. West appear in Forms 4 without a Summary Compensation Table row
Equity grants visible through Section 16 filings only; cash pay not disclosed
Vice President
Vice presidents of corporate functions, distribution and field operations
No company disclosure; third-party observation only
Board of directors
David P. Rowland as independent chair, plus committee chairs
Retainers and annual RSU values fully disclosed in the proxy
VerifiedBands are ordered by scope and observed pay, not by any internal code. Where a retail title and a corporate title sit in the same band they are peers in market pay, not in reporting line or career path.

Track divergence

DG-1 to DG-3
Purely hourly. Pay is set by role and by the state or local minimum wage, and the observed spread from $12.77 to $18.50 an hour covers all three bands.
DG-4 to DG-5
The ladder forks. Store manager and district manager run through field operations, while analyst, specialist and senior engineer run through the store support centre on a different market.
DG-6 to DG-7
A technical individual-contributor path (lead engineer, principal engineer, solution architect) runs in parallel with a corporate people-management path, and the public record shows no equivalence table between them.
DG-8 to DG-10
Field and corporate leadership converge on director, senior director and vice president titles. This is where selective equity eligibility begins, though the threshold is not published.
DG-11 and above
Proxy territory. Pay becomes fully visible, dominated by equity, and set by the Compensation and Human Capital Management Committee rather than by any band structure.

Hierarchy qualifications and legacy structures

  • No official enterprise-wide grade nomenclature was found in any Dollar General filing, careers page or posting. DG-1 to DG-11 is a research taxonomy and should never be quoted to the company as its own structure.
  • Dollar General reported that more than 70 percent of store managers and a majority of senior leadership positions were filled internally, so the promotion ladder is real even though no time-in-grade data is published.
  • The retail ladder is the clearest: sales associate, lead sales associate, assistant store manager, store manager, district manager, then regional field leadership. Distribution runs warehouse and fleet roles into supervisors and distribution centre directors.
  • Corporate technology runs senior software engineer, lead software engineer, then principal engineer or solution architect. Lead software engineer is the most heavily evidenced title in the entire company because of the H-1B record.
  • The DG-11 row carries proxy figures for a handful of named officers. It is a national disclosure, not a market band, and neither the range chart nor the city factors should be applied to it.
  • There is no legacy-merger grade harmonisation to unpick. The only structural inheritance is the amended and restated 2007 Stock Incentive Plan, superseded for new grants by the 2021 plan.

Peer-level mapping

BandArchetypePeer mappingCaveat
DG-1Store Associate / Entry OperationsHourly associate at Dollar Tree, Family Dollar or Walmart; entry operations support in a corporate functionStore wage rates are set against state and local minimums rather than a national band, so the peer read only holds within a state.Official sales associate postings at $12.77 to $17.40 an hour, annualised at 2,080 hours and cross-checked against third-party aggregates.
DG-2Lead Associate / Key HolderLead associate or shift lead at a discount-retail peer; experienced operations support in a corporate functionThe lead premium over an associate is a few tens of cents an hour in the observed postings, not a band step.Official lead sales associate postings at $16.42 to $16.75 an hour in New Jersey and New York examples.
DG-3Assistant Store Manager / Frontline SupervisorAssistant manager at a discount-retail peer; junior specialist or coordinator in a corporate functionAssistant store manager remains an hourly role in the observed postings, so the comparison to a salaried junior professional is scope-based only.Official assistant store manager postings at $17.10 to $18.50 an hour in New York examples.
DG-4Store Manager / Analyst / SupervisorStore manager at a discount-retail peer; first-line manager or analyst in a corporate functionThe store and corporate populations at this level face different labour markets and should not be averaged with each other.Official Williamstown, New York store manager posting at a $62,360 minimum and $65,480 with experience, plus analyst, claims and warehouse-supervisor postings.
DG-5District Manager / Senior ProfessionalDistrict or multi-site manager at a discount-retail peer; senior engineer or senior professional in a corporate functionThis is the widest band in the ladder because a district manager posting and a senior software engineer posting land within $20,000 of each other on very different work.Official retail district manager posting at $113,600 to $142,000 and senior software engineer postings at $115,905 to $127,000.
DG-6Manager / Lead Engineer / Area LeaderArea leader at a discount-retail peer; lead individual contributor or people manager in a corporate functionLead software engineer is the single best-evidenced corporate title at Dollar General because it dominates the H-1B record.Official lead software engineer postings at $143,000 to $157,000 and 24 H1BData lead software engineer records with a $121,952 median.
DG-7Senior Manager / Principal Technical ICSenior manager or principal engineer in a corporate function; no clean retail-store analogue exists at this levelPrincipal engineer evidence comes from a handful of postings and visa records rather than a distribution of observations.Principal software engineer evidence around $147,000 to $166,000 in postings and visa records, with solution architect visa records averaging $129,125.
DG-8Director / Distribution Center DirectorDirector at a discount-retail or corporate peer of similar revenue scaleThird-party director observations mix store-support and field roles and carry wide total-pay dispersion.Third-party director observations of roughly $130,000 to $200,000 base; the equity figure is the residual between the modelled base and total midpoints, standing in for selective awards whose size Dollar General does not disclose.
DG-9Senior Director / Regional DirectorSenior director at a discount-retail or corporate peer of similar revenue scaleNo Dollar General posting discloses a senior-director range, so the whole band rests on third-party observation.Third-party senior-director observations of roughly $160,000 to $275,000 base; the equity figure is the residual standing in for selective key-employee awards.
DG-10Vice PresidentVice president at a discount-retail or corporate peer; the first level where key-employee equity eligibility is plausibleDollar General publishes no vice-president pay matrix and this band is the last one before proxy disclosure begins.Third-party vice-president observations of about $196,000 median base and $233,000 to $423,000 total; bonus is the midpoint of the modelled 30 to 75 percent range and equity is the residual.
DG-11Executive Vice President / C-suiteNamed executive officer at a discount-retail peer, disclosed in that company's own proxy statementThis row is a national proxy disclosure and is deliberately excluded from the range chart and from the city factors.2026 proxy statement: an $800,000 base for the incoming chief financial officer, a $1,059,828 FY2025 Teamshare payment for the general counsel, a $5,619,899 stock award value used by three officers, and other compensation of $73,794 to $155,877.

Critical evidence warning

Roughly 194,000 of Dollar General's employees work in stores or distribution centres, and the strongest evidence for their pay is the company's own job advertisements, which quote hourly rates for a specific store in a specific state. Everything above store manager rests on a much thinner base: a single district manager posting, a handful of technology postings, 41 labour condition applications in FY2025, and third-party salary submissions that mix hourly and salaried populations, different years and different geographies. The proxy statement is the only fully reliable band in this report, and it covers seven people. Treat DG-8 through DG-10 as market intelligence with a wide error bar rather than as a Dollar General salary range.


Compensation by Band — Goodlettsville

Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus Goodlettsville. Total equals base plus bonus plus annualized equity.

BandTitleBaseVariableTotal TCEquity
DG-1
Store Associate / Entry Operations
0–2 years · modeled
$25K$33K3%
$30K
$26K$35K
DG-2
Lead Associate / Key Holder
1–3 years · modeled
$27K$37K6%
$34K
$29K$39K
DG-3
Assistant Store Manager / Frontline Supervisor
2–5 years · modeled
$30K$40K9%
$38K
$32K$44K
DG-4
Store Manager / Analyst / Supervisor
3–7 years · modeled
$48K$66K11%
$63K
$54K$72K
DG-5
District Manager / Senior Professional
6–10 years · verified
$95K$129K14%
$128K
$109K$147K
DG-6
Manager / Lead Engineer / Area Leader
8–12 years · verified
$102K$138K19%
$143K
$122K$164K
DG-7
Senior Manager / Principal Technical IC
10–15 years · reported
$123K$167K21%
$175K
$149K$201K
DG-8
Director / Distribution Center Director
12–18 years · modeled
$136K$184K23%
$215K
$183K$247K
$19K
DG-9
Senior Director / Regional Director
15–20 years · modeled
$179K$242K30%
$310K
$264K$357K
$37K
DG-10
Vice President
15–25 years · modeled
$213K$288K52%
$500K
$425K$575K
$119K
DG-11
Executive Vice President / C-suite
18–30+ years · verified
$680K$920K75%
$7.60M
$6.46M$8.74M
$5.62M
Principal executive offices, 100 Mission Ridge · 10 reported band cellsReportedModeledVerifiedEach band's anchor is the Goodlettsville median from the merged bundle. Base is the observed or modelled midpoint; bonus is the gap to the modelled total for DG-1 through DG-7, where no equity is evidenced; and from DG-8 upward bonus is set at the midpoint of the modelled target range with the remaining gap shown as equity, standing in for the selective awards whose size is not disclosed. DG-11 is built entirely from proxy line items.

Total Compensation Range by Band

Total compensation in Goodlettsville across the employee bands. Proxy-disclosed executive cohorts are excluded so the employee bands stay readable.

DG-1$26K$35KDG-2$29K$39KDG-3$32K$44KDG-4$54K$72KDG-5$109K$147KDG-6$122K$164KDG-7$149K$201KDG-8$183K$247KDG-9$264K$357KDG-10$425K$575K$0$100K$200K$300K$400K$500K$600K

Global Footprint & Pay Arbitrage

Dollar General is a single-country employer with a rounding error abroad. Twelve United States markets carry verified operations, and the 253 people compensated outside the country have no published pay data at all.

20,959
Stores across 48 states and Mexico
253
Employees compensated outside the United States
12
Verified US markets priced in this report
0.90×–1.10×
Full span of the city factors against Goodlettsville

Office and market catalogue — calibration factors versus Goodlettsville

LocationLikely office profilePresenceBaseTC
Goodlettsville
United States · USD
Store support centre: executive offices, corporate functions and the technology organisationPrincipal executive offices, 100 Mission Ridge1.00×1.00×
Atlanta
United States · USD
Distribution footprint inside a large metro labour market that prices corporate roles above the anchorVerified operating footprint1.07×1.07×
Indianapolis / Westfield
United States · USD
Technology worksite and operations, evidenced by named H-1B labour condition applicationsVerified H-1B worksite1.00×1.00×
Dallas–Fort Worth
United States · USD
Technology and operations worksites across Irving, Plano, Celina and AubreyVerified H-1B worksites1.10×1.10×
Bethel
United States · USD
Pennsylvania distribution centre serving the north-eastern store baseVerified distribution centre1.03×1.03×
Jonesville
United States · USD
South Carolina distribution centre in one of the lowest-cost labour markets in the footprintVerified distribution centre0.90×0.90×
Longview
United States · USD
East Texas distribution centre outside the Dallas–Fort Worth wage marketVerified distribution centre0.95×0.95×
Amsterdam
United States · USD
Upstate New York distribution centre where the state minimum wage lifts the hourly floorVerified distribution centre1.08×1.08×
Janesville
United States · USD
Wisconsin distribution centre serving the upper Midwest store baseVerified distribution centre0.97×0.97×
Bessemer
United States · USD
Alabama distribution centre in a federal-minimum-wage state with no state floor above $7.25Verified distribution centre0.90×0.90×
Blair
United States · USD
Nebraska distribution centre serving the central plains store baseVerified distribution centre0.92×0.92×
Alachua
United States · USD
North Florida distribution centre serving the south-eastern store baseVerified distribution centre0.94×0.94×

Mexico is the only non-US retail market, with 17 stores and 147 compensated employees. China, Hong Kong and Turkey together account for 106 people in sourcing and other operations. None of these has a published pay band, benefit schedule or wage rate, so none appears in the location table. Requested comparisons to Bangalore, Sydney, London, Toronto, Singapore, Dubai and Auckland describe no verified Dollar General workforce and were left out rather than modelled.

Goodlettsville anchor medians — the basis of every modeled cell

BandBaseStockBonusOtherTotal
DG-5$112K$0$16K$128K
DG-6$120K$0$23K$143K
DG-7$145K$0$30K$175K
DG-11$800K$5.62M$1.06M$120K$7.60M
  • Goodlettsville, Tennessee is the anchor at 1.00. It holds the principal executive offices at 100 Mission Ridge, the corporate functions and the technology organisation, and it supplies ten of the visible H-1B wage observations.
  • The highest factors are Dallas–Fort Worth at 1.10, Amsterdam, New York at 1.08 and Atlanta at 1.07. In New York the driver is the state wage floor for hourly staff; in Dallas and Atlanta it is a deep metropolitan market for corporate and technology roles.
  • The lowest factors are Jonesville, South Carolina and Bessemer, Alabama at 0.90, both federal-minimum-wage states, followed by Blair, Nebraska at 0.92 and Alachua, Florida at 0.94.
  • Indianapolis and Westfield sit at parity with Goodlettsville at 1.00, which is consistent with the single visible Westfield lead software engineer record at $140,920 against a Goodlettsville median of $122,000.
  • The store and corporate populations move in the same direction across these markets, which is why one factor is applied to the whole ladder. Where a distribution centre carries no corporate roles at all, the upper bands are notional for that city.

Model rules

  • Every figure in this report is in United States dollars and no currency conversion is applied, because every priced location is in the United States. The bundle's INR translations were dropped as presentational.
  • Total compensation is rebuilt from base plus bonus plus equity so that it reconciles. No employer benefit load, payroll tax or 401(k) match is folded into pay.
  • City factors are flat across the ladder. No junior-to-senior interpolation is applied, because the bundle's multipliers are single labour-market ratios rather than a level-dependent compression curve.
  • The DG-11 executive row is a national proxy disclosure. It is excluded from the range chart, and applying a 0.90 city factor to it would be meaningless.
  • The chief executive row is carried in the executive section only and is deliberately absent from the band table, so that one worldwide contract figure cannot distort the employee ladder.
  • Hourly evidence is annualised at 2,080 paid hours purely for comparability. That is not a statement about scheduled hours, overtime or employment status, and the $18,876 median employee total shows how far actual hours diverge from it.

Variable Pay & Annual Cash Incentive

Teamshare is the only bonus plan Dollar General describes in public, and it describes it only for named executives. FY2025 paid 182.4 percent of target after FY2023 paid nothing and FY2024 paid about a tenth of target.

BandTargetMechanismRecent payout
DG-1
Store Associate / Entry Operations
0–2% modelledNo standard company target is publicly disclosed. Local or spot incentives may exist but no programme document is public.Not publicly disclosed
DG-2
Lead Associate / Key Holder
0–5% modelledNo standard company target is publicly disclosed for the lead associate population.Not publicly disclosed
DG-3
Assistant Store Manager / Frontline Supervisor
2–8% modelledCareer materials refer to an annual bonus opportunity for some management roles, without a formula or target.Not publicly disclosed
DG-4
Store Manager / Analyst / Supervisor
5–15% modelledStore and corporate management bonus opportunity. Neither the target percentage nor the measure set is published.Not publicly disclosed
DG-5
District Manager / Senior Professional
8–20% modelledLikely role- and function-specific. No published matrix exists for district managers or senior professionals.Not publicly disclosed
DG-6
Manager / Lead Engineer / Area Leader
10–20% modelledLikely a mix of corporate or operating goals and individual performance.Not publicly disclosed
DG-7
Senior Manager / Principal Technical IC
12–25% modelledLikely a corporate, functional and individual mix. No public formula.Not publicly disclosed
DG-8
Director / Distribution Center Director
15–30% modelledSenior leadership incentive. No public target table below the named-executive group.Not publicly disclosed
DG-9
Senior Director / Regional Director
20–40% modelledSenior leadership incentive, presumed to run on the same Teamshare measures as the executive plan.Not publicly disclosed
DG-10
Vice President
30–75% modelledExecutive design likely varies by function. Dollar General publishes no vice-president target matrix.Not publicly disclosed
DG-11
Executive Vice President / C-suite
75% of base, 100% for the COO after her November 2025 promotionTeamshare, weighted 70 percent adjusted EBIT, 20 percent net sales and 10 percent the Project Elevate remodel objective in FY2025.182.4% of target in FY2025; about 10.2% in FY2024; nil for most continuing named executives in FY2023
DG-12
Chief Executive Officer
200% for Todd Vasos; 150% for Jerry Fleeman from 1 January 2027Teamshare on committee-set annual measures with a payout curve running from 50 percent at threshold to 200 percent at maximum.182.4% of target in FY2025, paid as $6,020,167
ModeledVerifiedThe FY2025 Teamshare result was driven almost entirely by adjusted EBIT, which reached $2.487 billion against a $1.891 billion target and hit the 200 percent cap on its 70 percent weight. Net sales landed just above target at 101.2 percent on a 20 percent weight, and the Project Elevate strategic objective delivered exactly its 2,254 remodel completions for a target result with no additional sales-lift payment on the final 10 percent. The blended outcome was 182.4 percent. Read across three years the leverage is extreme: nil, then roughly 10.2 percent, then 182.4 percent.

Executive incentive targets — percent of salary

Chief Executive Officer
200% of base
Todd Vasos through 31 December 2026. Jerry Fleeman takes a 150 percent target from 1 January 2027, prorated for FY2026 service.
Chief Operating Officer
100% of base
Emily C. Taylor moved from a 75 percent target to 100 percent on her November 2025 promotion, with base raised to $950,000.
Executive Vice President and Chief Financial Officer
75% of base
Donny H. Lau joined on 20 October 2025 on an $800,000 base with a 75 percent Teamshare target and a $5 million long-term incentive target.
Executive Vice President and General Counsel
75% of base
Rhonda M. Taylor received $1,059,828 of Teamshare for FY2025 on a $769,991 salary.
Executive Vice President and Chief Information Officer
75% of base
Carman R. Wenkoff received $1,060,370 of Teamshare for FY2025 on a $764,195 salary, after a 9.16 percent merit increase.

Named-executive outcomes

ExecutiveTargetPaidAttainment
Adjusted EBIT$1,891,000,000$2,487,000,000131.5% of target on a 70 percent weight, which maxed the component out
Net sales$42,229,000,000$42,724,000,000101.2% of target on a 20 percent weight
Todd J. Vasos$3,300,000$6,020,167182.4% of a 200 percent target on his $1.65 million annualised base; salary actually paid was $1,608,395
Emily C. Taylor$702,860$1,282,017182.4% of a blended target that rose from 75 to 100 percent on her November 2025 promotion to COO
Rhonda M. Taylor$581,046$1,059,828182.4% of a 75 percent target; the target shown is implied by the disclosed payout and her $769,991 salary
Carman R. Wenkoff$573,146$1,060,370182.4% of a 75 percent target on his $764,195 salary

Employee payout timing and history

Nothing about the store, distribution or corporate bonus is published. Career materials mention an annual bonus opportunity for some management roles, but there is no target table, no measure set, no payout history and no eligibility threshold in any public source. Every percentage shown above DG-3 and below DG-11 is a market model, and a candidate should ask for the plan document rather than assume the number.

Sales and special incentives

Dollar General runs no disclosed commission or sales-incentive plan; it is a retailer with no quota-carrying sales force. The public record does contain signing bonuses, new-hire and promotion equity, retention awards, relocation benefits and spot recognition programmes, all of which are negotiated case by case rather than granted by band.


Equity — RSUs, PSUs, Options & ESPP

One live shareholder-approved plan, one legacy plan still carrying awards, and no employee stock purchase plan. Grant values are visible for named executives and directors and for nobody else.

Dollar General Corporation 2021 Stock Incentive Plan
Active
Verified
Approved by shareholders on 26 May 2021. Permits options, stock appreciation rights, stock awards including restricted stock units and performance share units, and dividend equivalent rights, for key employees, directors and other eligible service providers. Award agreements govern vesting and performance.
Reserve: 8,097,623 securities remaining available for future issuance at 30 January 2026
FY2025 Form 10-K equity compensation plan table and the 2026 proxy statement
Amended and Restated 2007 Stock Incentive Plan
Legacy, outstanding awards only
Verified
Last approved by shareholders on 31 May 2017 and replaced by the 2021 plan for new grants. Options and stock awards issued under it remain outstanding and continue to vest and be exercised.
Reserve: No new grants; residual awards sit inside the 4,653,023 securities outstanding
FY2025 Form 10-K equity compensation plan table
Executive inducement awards
Active, contract-specific
Verified
Stand-alone new-hire grants used to recruit senior executives. Donny Lau's inducement RSUs vest 50 percent on the second anniversary and 50 percent on the third. Jerry Fleeman's $4 million inducement RSU award vests ratably over three years from his 1 January 2027 start.
Reserve: Not drawn from a published reserve; sized individually
2026 proxy statement and the 24 March 2026 Form 8-K
Non-employee director equity programme
Active
Verified
An annual restricted stock unit award granted at the annual meeting and vesting over one year, running annual-meeting to annual-meeting. The independent chair receives an additional equity retainer.
Reserve: $190,000 per director in FY2025, rising to $195,000 in FY2026, plus $200,000 extra for the independent chair
2026 proxy statement director compensation disclosure
Employee stock purchase plan
None disclosed
Verified
No employee stock purchase plan appears in any Dollar General filing or careers page. The 2021 Stock Incentive Plan is not an ESOP in the qualified-plan sense and carries no broad-based purchase or matching feature.
Reserve: Not applicable
Absence confirmed across the FY2025 Form 10-K and the 2026 proxy statement
  • A clean utilisation rate cannot be derived here. The SEC equity-plan table combines outstanding awards, legacy 2007 plan effects and shares still available under plan rules, so dividing 4,653,023 by the original 11,838,143-share authorisation would produce a misleading percentage.
  • Options are effectively a legacy instrument. FY2025 granted 4,421 options against 1,264,784 RSUs and 454,393 PSUs, and the 2,570,957 options still outstanding carry a $163.64 weighted-average exercise price against a $123.41 share snapshot.
  • The $163.64 weighted-average exercise price applies only to option-like securities in the table. It is not an RSU or PSU grant price and it says nothing about the value of a stock award.
  • FY2025 share-based compensation expense of $91.453 million was up 55.7 percent on FY2024, which is consistent with the sharp increase in RSU and PSU grant volume rather than with a broader eligible population.
  • At $123.41 a share, a $1 million nominal award is roughly 8,103 shares, a $5 million award roughly 40,515 shares and a $12 million award roughly 97,237 shares. These are translation aids, not grant counts.

2021 Stock Incentive Plan and award activity at 30 January 2026

4,653,023
Securities outstanding under approved plans
Includes options and rights and may span the legacy 2007 plan. Indicative gross value of about $574.2 million at the $123.41 snapshot.
8,097,623
Securities remaining available
Availability under plan rules, not committed grant value. Indicative gross value of about $999.3 million at the snapshot price.
2,570,957
Stock options outstanding
Closing balance after 4,421 granted at an $82.58 weighted price, 138,611 exercised at $88.20 and 254,791 cancelled. Closing intrinsic value $23.450 million.
1,480,756
Restricted stock units outstanding
Closing balance after 1,264,784 granted, 208,431 converted and 217,557 cancelled. Closing value $212.385 million.
438,504
Performance share units outstanding
Closing balance after 454,393 granted, 7,651 converted and 79,968 cancelled. Closing value $62.895 million.
$112.1M
Unrecognised compensation cost
Expected to be recognised over a weighted-average 1.7 years.

Vesting — common reported employee schedule

Year 1
33⅓% of an annual RSU award
+Employee and executive RSUs generally vest one third on each 1 April following the grant fiscal year · annual tranche
Year 2
66⅔% of an annual RSU award
+Second tranche vests; inducement RSUs for Donny Lau begin at this point with a 50 percent cliff · annual tranche
Year 3
100% of an annual RSU award
+Final RSU tranche vests, and the three-year PSU performance period completes and settles if earned · annual tranche
Year 4
100% of a legacy option grant
+Stock options generally vest ratably over four years, so the fourth annual instalment completes an option grant · annual tranche

Annual named-executive RSU awards for FY2025 vest one third on each 1 April following the grant fiscal year. Performance share units are measured over one to three years and generally vest over three, with FY2025 awards weighted 50 percent on an EBITDA component and 50 percent on return on invested capital, except for Donny Lau's differently designed award. Non-employee director RSUs vest in one year. Inducement awards follow their own contracts: Lau's vest 50 percent on the second anniversary and 50 percent on the third, while Fleeman's vest ratably over three years from his CEO start date.

Eligibility by hierarchy level

  • DG-1 to DG-4: no public evidence of any standard recurring equity grant. Store and distribution employees should not assume participation, and the 2021 plan is not a broad-based ownership scheme.
  • DG-5 to DG-7: selective new-hire, promotion or retention awards are possible under the plan's award forms, but the minimum eligible level is not disclosed and no grant size is published.
  • DG-8 to DG-9: selective eligibility is plausible and supported by award forms addressed to certain employees, though there is no public grant-size matrix.
  • DG-10: likely eligible as a designated key employee, probably annually for selected vice presidents. This is an inference from plan eligibility language and the executive pipeline, not a published policy.
  • DG-11: verified recurring annual equity. FY2025 target values ran $4.5 million to $5.0 million and grant-date accounting values ran roughly $5.06 million to $6.11 million for the reported officers, typically split half RSUs and half PSUs.
  • Chief executive: contract-specific. Todd Vasos received no FY2025 annual grant at all and a nominal $12 million FY2026 award; Jerry Fleeman receives $4 million of inducement RSUs plus a $7.5 million annual target.

Indicative annual grant value by band — Goodlettsville

BandAnnual value (USD)MedianShares at $123.41
DG-8$14K$24K$19K~115192
DG-9$28K$46K$37K~225375
DG-10$89K$149K$119K~7231,205
DG-11$4.21M$7.03M$5.62M~34,15456,924

Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $123.41 reference price at Latest close shown on Dollar General Investor Relations at the 27 August 2026 research cut-off and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.

Named executive target equity

ExecutiveTargetUnits / structure
Todd J. Vasos
Chief Executive Officer
$0 in FY2025; nominal $12 million in FY2026No annual stock or option award was made in FY2025. The FY2026 succession award is split 50 percent RSUs and 50 percent PSUs.
Jerry "JJ" Fleeman
Chief Executive Officer designate from 1 January 2027
$4 million inducement plus a $7.5 million annual targetInducement RSUs vest ratably over three years. The annual award is 50 percent RSUs and 50 percent PSUs, prorated for FY2026 service.
Donny H. Lau
Executive Vice President and Chief Financial Officer
$5 million long-term incentive targetFY2025 stock award value of $6,107,125 including inducement RSUs that vest 50 percent on the second anniversary and 50 percent on the third, plus a differently designed PSU award.
Emily C. Taylor
Chief Operating Officer
$5,874,901 of FY2025 stock awardsAnnual RSU and PSU award plus promotion equity granted on her November 2025 move to chief operating officer.
Rhonda M. Taylor
Executive Vice President and General Counsel
$5,619,899 of FY2025 stock awardsThe standard executive vice president annual award value for FY2025, split half RSUs and half PSUs on EBITDA and return on invested capital.
Carman R. Wenkoff
Executive Vice President and Chief Information Officer
$5,619,899 of FY2025 stock awardsSame annual award value as the general counsel, confirming a common executive vice president grant level rather than a function-specific one.
VerifiedThere is no employee stock purchase plan. Dollar General has a shareholder-approved stock incentive plan aimed at key employees, directors and other eligible service providers, and nothing in the FY2025 Form 10-K, the 2026 proxy or the careers pages describes a discounted purchase, matching-share or broad-based ownership programme. For the roughly 194,000 store and distribution employees, the equity component of pay is zero.

Executive Compensation

Seven named executives appear in the FY2025 Summary Compensation Table, and their totals cluster tightly between $6.1 million and $8.2 million because the annual equity award is close to a flat value across the executive vice president group.

CEO total — Todd J. Vasos
$8.16M
Stock awards are 0% of the reported total; salary 20% and non-equity incentive 74%
20%
74%
Salary $1.61M
Incentive $6.02M
Equity $0
Salary$1,608,395
Teamshare cash incentive$6,020,167
Stock awards$0
All other compensation$534,635
Reported total$8,163,197

Reading the package

FY2025 is an unrepresentative year for the chief executive. Todd Vasos received no annual stock or option award at all, so 73.7 percent of his $8,163,197 total was the Teamshare cash payment and only 19.7 percent was salary. All other compensation of $534,635 included $450,304 of incremental perquisite and personal-benefit cost, of which $426,961 was personal travel. The FY2026 arrangement restores a heavy equity weighting with a nominal $12 million award, split evenly between RSUs and PSUs, on a $1.65 million base and a 200 percent bonus target.

CEO-to-median-employee ratio
432:1
Median employee $18,876 · The median compensated employee for FY2025 was a full-time store associate with SEC-calculated annual total compensation of $18,876. That figure is a population statistic across roughly 194,000 full- and part-time employees, not an hourly rate: an official sales associate posting midpoint of $15.08 an hour would annualise to $31,377 at 2,080 hours. Part-time schedules, mid-year hires and tenure account for the gap..
Peer CEO comparison
Dollar General · Todd J. Vasos · FY2025$8.16M
2026 definitive proxy statement
Five Below · Winnie Y. Park · FY2025$10.81M
Five Below 2026 definitive proxy statement
Dollar Tree · Michael C. Creedon Jr. · FY2025$14.78M
Dollar Tree 2026 definitive proxy statement
Target · Brian C. Cornell · FY2025$21.83M
Target 2026 definitive proxy statement
Walmart · Doug McMillon · FY2026$29.24M
Walmart 2026 definitive proxy statement

Dollar General's chief executive total is the lowest of this group, at 55 percent of Dollar Tree's and 28 percent of Walmart's, yet its 432 to 1 pay ratio is high because the median employee is a store associate on $18,876. The comparison is not like for like: fiscal calendars differ, Walmart's figure is FY2026, several packages contain one-time succession or promotion awards, and every stock number is a grant-date accounting value rather than realised pay. The FY2025 Dollar General figure is also depressed by the absence of an annual equity grant.


Named Executive Officers & Board

A leadership team in the middle of a full turnover: a new chief financial officer in October 2025, a new chief operating officer in November 2025, a strategy role eliminated, and a chief executive succession dated 1 January 2027.

Todd J. Vasos · Chief Executive Officer$8.16M
Salary $1.61M · Cash incentive $6.02M · Stock $0 · Other $535K · Equity 0%
Emily C. Taylor · Chief Operating Officer$8.14M
Salary $867K · Cash incentive $1.28M · Stock $5.87M · Other $118K · Equity 72.2%
Steven R. Deckard · Former EVP, Strategy and Development$7.69M
Salary $601K · Cash incentive $0 · Stock $5.06M · Other $2.03M · Equity 65.8%
Rhonda M. Taylor · EVP and General Counsel$7.61M
Salary $770K · Cash incentive $1.06M · Stock $5.62M · Other $156K · Equity 73.9%
Donny H. Lau · EVP and Chief Financial Officer$7.57M
Salary $231K · Cash incentive $1.21M · Stock $6.11M · Other $19K · Equity 80.7%
Carman R. Wenkoff · EVP and Chief Information Officer$7.52M
Salary $764K · Cash incentive $1.06M · Stock $5.62M · Other $74K · Equity 74.8%
Kelly M. Dilts · Former EVP and Chief Financial Officer$6.13M
Salary $465K · Cash incentive $0 · Stock $5.62M · Other $41K · Equity 91.7%

Donny Lau's $7,566,340 is not annualised: he became chief financial officer on 20 October 2025, so his $230,777 of salary covers about a quarter of the year, and his package carries a $900,000 signing bonus plus inducement and new-hire equity. Steven Deckard's total is inflated by a $2 million separation-related payment after his position was eliminated in November 2025, and his $2,030,269 of other compensation is almost entirely that. Kelly Dilts and Steven Deckard both show nil non-equity incentive because they were not employed at the FY2025 Teamshare payment date. FY2025 salary increases were decided in March 2025 and took effect on 1 April 2025 against a 3.0 percent overall United States merit budget: Dilts received 7.84 percent, Emily Taylor 3.16 percent, Rhonda Taylor 3.73 percent, Wenkoff 9.16 percent and Deckard 10.71 percent.

Board compensation framework

ElementAmountNotes
Annual cash retainer$95,000 in FY2025Raised to $105,000 effective 31 January 2026.
Annual RSU award$190,000 in FY2025Raised to $195,000 for FY2026. Generally vests after one year, annual meeting to annual meeting.
Independent chair additional equity$200,000Unchanged for FY2026. David P. Rowland received a 1,647-unit director RSU grant on 28 May 2026.
Audit Committee chair retainer$25,000 in FY2025Raised to $30,000 for FY2026.
CHCM Committee chair retainer$20,000 in FY2025Raised to $25,000 for FY2026. This committee sets executive pay.
NGCR Committee chair retainer$17,500 in FY2025Raised to $20,000 for FY2026.
Technology Committee chair retainer$17,500 in FY2025Raised to $20,000 for FY2026.

A non-chair director with no committee chair role received about $285,000 in FY2025, two thirds of it in restricted stock units that vest in a year. Every retainer rose for FY2026, and the independent chair's additional $200,000 equity retainer means the chair's package is roughly double a standard director's. Individual director totals vary with committee chair roles and partial-year service.

Regional heads and other officers

Kathleen A. Reardon and Roderick J. West are executive officers who file Forms 4 but do not appear in the Summary Compensation Table, so their equity grants are visible while their cash pay is not. Reardon received the same 6,710-unit March 2026 RSU grant as the chief information officer, which suggests a common executive vice president grant level. West received a 30,626-unit performance share settlement on 10 March 2026 and exercised 2,691 options at $84.67 the following day.


Insider Trades — SEC Forms 3/4/5

Nine Section 16 filings between March and May 2026. Eight of the nine are grants or settlements rather than open-market activity, which is the normal shape of a March grant cycle.

DatePersonTransactionSharesPriceValue
2026-05-28
David P. Rowland
Independent Chair of the Board
Award
Annual non-employee director RSU grant at the 2026 annual meeting, vesting over one year. Value indicative at the $123.41 snapshot.
1,647$203K
2026-04-01
Emily C. Taylor
Chief Operating Officer
Withholding
Shares surrendered to cover tax on a 1 April RSU vesting. This is not a discretionary open-market sale.
8,928$117.17$1.05M
2026-03-26
Todd J. Vasos
Chief Executive Officer
Award
FY2026 annual RSU grant, the first annual equity award to the chief executive since FY2024. Value indicative at the snapshot price.
40,260$4.97M
2026-03-26
Emily C. Taylor
Chief Operating Officer
Award
FY2026 annual RSU grant, 31 percent of the chief executive's unit count.
12,581$1.55M
2026-03-26
Donny H. Lau
EVP and Chief Financial Officer
Award
FY2026 annual RSU grant, his first as chief financial officer after the October 2025 inducement award.
10,065$1.24M
2026-03-26
Carman R. Wenkoff
EVP and Chief Information Officer
Award
FY2026 annual RSU grant at what appears to be the standard executive vice president unit level.
6,710$828K
2026-03-26
Kathleen A. Reardon
Executive officer
Award
Identical unit count to the chief information officer, which is the clearest public evidence of a common executive vice president grant level.
6,710$828K
2026-03-11
Roderick J. West
Executive officer
Exercise
Stock option exercise at $84.67 against a $123.41 share snapshot, the only exercise in the visible window.
2,691$84.67$228K
2026-03-10
Roderick J. West
Executive officer
Award
Performance share units earned and reported at a zero Form 4 price. Performance, service and tax conditions still applied.
30,626$3.78M

Reading guide

Grants dominate the windowEight of the nine visible filings are awards, settlements or a tax withholding. There is no open-market discretionary sale in the sample, so no directional signal should be read from it.
A zero price means an awardRSU and PSU grants report at $0 on a Form 4. That is not free tradable cash: vesting, performance, forfeiture and tax conditions all still apply.
Withholding is not sellingEmily Taylor's 8,928-share surrender on 1 April 2026 funded tax on a vesting event at the plan's normal vesting date. Treating it as a bearish sale would misread the filing.
Unit counts reveal the hierarchy40,260 units to the chief executive, 12,581 to the chief operating officer, 10,065 to the chief financial officer and 6,710 each to two other executive officers. The ratios are a cleaner view of internal levelling than any dollar figure.
No Indian filing analogue appliesDollar General is an NYSE issuer, so the relevant regime is SEC Forms 3, 4 and 5 and Schedules 13D and 13G. SEBI SAST and promoter-group concepts do not apply and no promoter structure exists.

Benefits & Perks

Dollar General is a single-country employer, so the useful split is by segment rather than by geography. The store, distribution and store support centre populations draw on the same disclosed benefit categories but differ sharply in eligibility, and executives have a separate stack the wider workforce cannot reach.

Store support centre

  • Health and savingsMedical, prescription, telemedicine, dental, vision and flexible spending accounts. The corporate careers page lists the full menu including flexible spending accounts and related health programmes. Employer contribution amounts are not published. [official]
  • Retirement401(k) safe-harbour plan with a company match. Company matching expense across the workforce was $40.2 million in FY2025, $38.2 million in FY2024 and $35.9 million in FY2023, a rise consistent with headcount and wage growth rather than a formula change. [official]
  • FamilyParental leave and adoption assistance. Both are advertised. The number of weeks and the pay-replacement schedule could not be verified in any current public material, so treat the offer as confirmed and the terms as unknown. [npd]
  • Well-beingEmployee Assistance Programme with counselling and legal support. Vendor, session limits and dependant eligibility are not public. [official]
  • EducationEducation assistance and tuition programmes. Advertised for eligible employees. Corporate technology staff are the population most likely to reach the eligibility threshold, but the threshold itself is not published. [official]
  • EquitySelective awards only, from around director level. Award forms addressed to certain employees support selective eligibility at DG-8 and above. There is no grant matrix, no published threshold and no recurring grant for the majority of corporate staff. [npd]

Global programs

  • Non-US workforce253 compensated employees outside the United States. 147 in Mexico, 96 in China, 9 in Hong Kong and 1 in Turkey, per the 2026 proxy. Mexico also operates 17 stores. No country-specific benefit design is disclosed for any of them. [official]
  • Requested comparison regionsNo verified workforce in India, Australia, the UK, Canada, New Zealand, Singapore or the UAE. Describing statutory provident fund, superannuation or pension systems for these countries would describe the law rather than Dollar General, so they are omitted rather than modelled. [npd]
  • Plan reachThe 2021 Stock Incentive Plan is not an ESOP. It is a key-employee and director plan. There is no broad-based ownership, purchase or matching-share programme anywhere in the company, in any country. [official]

Benefit fields not publicly quantified

The largest gaps are the ones a candidate would most want closed: the exact 401(k) match formula, the paid time-off schedule by tenure and employment class, the number of paid parental leave weeks, part-time health eligibility rules, and the tuition-programme eligibility threshold. Dollar General confirms that each of these programmes exists but publishes no terms, so every one of them is worth asking about in writing before accepting an offer.


Performance Review & Pay Progression

Executive review timing is fully disclosed and everything below it is not. The company confirms a March decision cycle and a 1 April effective date for named executives, and publishes nothing about how the other 194,000 people are reviewed.

Not publicly disclosed

Rating scale or performance label set for any population.
Bell curve, forced distribution or calibration policy.
Rating-to-increase matrix and the merit budget for anyone below the named executives.
Company-wide annual review month and effective date for store, distribution and corporate employees.
Average time in level and promotion probability by band.
Probation or confirmation policy as a universal rule.
Company-wide attrition rate, quarterly voluntary turnover series or store-manager turnover rate.
Any published geographic cost-of-living adjustment formula.

Modeled promotion planning timeline

BandYears to next scopePromotion hikeStatus
DG-11–2 years to DG-2, modelled at a 5 to 12 percent increaseNot disclosedModeled planning interval
DG-21–3 years to DG-3, modelled at an 8 to 15 percent increaseNot disclosedModeled planning interval
DG-32–4 years to DG-4, modelled at a 10 to 20 percent increaseNot disclosedModeled planning interval
DG-43–5 years to DG-5, modelled at a 12 to 25 percent increase where scope changes materiallyNot disclosedModeled planning interval
DG-53–5 years to DG-6, modelled at a 10 to 20 percent increaseNot disclosedModeled planning interval
DG-63–5 years to DG-7, modelled at a 10 to 20 percent increaseNot disclosedModeled planning interval
DG-73–6 years to DG-8, modelled at a 12 to 25 percent increaseNot disclosedModeled planning interval
DG-83–6 years to DG-9, modelled at a 10 to 20 percent increaseNot disclosedModeled planning interval
DG-93–7 years to DG-10, modelled at a 15 to 30 percent increaseNot disclosedModeled planning interval
DG-10Variable to DG-11, with a step change in equity rather than cashNot disclosedModeled planning interval
DG-11Board-appointed; no published progressionNot disclosedModeled planning interval

The one hard progression fact Dollar General publishes is that more than 70 percent of store managers and a majority of senior leadership positions were filled internally as of the FY2025 Form 10-K. That is a strong internal-mobility signal and it is the main argument for staying rather than moving laterally, but the company publishes no average time in grade to sit alongside it. Employee discussion boards describe anniversary-based reviews in some store roles and small hourly increases of around a quarter of a dollar, but those accounts conflict with each other and are not treated as policy here.

Pay progression evidence

The modelled promotion steps are 5 to 12 percent from DG-1 to DG-2, 8 to 15 percent to DG-3, 10 to 20 percent to DG-4, 12 to 25 percent to DG-5 where the scope change is often material, 10 to 20 percent through DG-6 and DG-7, 12 to 25 percent to DG-8, 10 to 20 percent to DG-9, 15 to 30 percent to DG-10 and a role-specific step to DG-11 that is more equity than cash. Against these, the disclosed FY2025 executive merit increases ran from 3.16 percent to 10.71 percent against a 3.0 percent overall United States merit budget, which shows how much of a senior increase comes from role change rather than from the annual cycle.


H-1B / LCA Visa Footprint — United States

A small, concentrated sponsorship programme aimed at corporate technology in Tennessee, Indiana, Texas and Kansas. Forty-one labour condition applications in FY2025 against roughly 194,000 employees is a rounding error, but it is the best wage evidence the corporate ladder has.

FY2025 labour condition applications
41
36 certified, 4 certified-withdrawn and 1 withdrawn or denied depending on the aggregator's taxonomy.
FY2025 average proffered base
$139,027
An average rather than a median, and guaranteed base salary only. Up from $134,384 in FY2024 and $134,155 in FY2023.
FY2025 USCIS approvals
28
Twenty-eight approvals and no denials reported. Labour condition applications and USCIS petitions count different processes and should not be compared directly.
FY2026 activity to 18 August 2026
29 LCAs, 15 petitions
Fifteen approvals and no denials in the aggregator update. The year is incomplete so the average base is not yet stable.
Lead software engineer median
$121,952
Across 24 visible H1BData records. This is the single most heavily evidenced corporate title at Dollar General.

Dataset summary

DatasetResultInterpretation
MyVisaJobs employer overviewEmployer-level LCA and petition counts plus average proffered base by fiscal yearA third-party compilation of Department of Labor and USCIS data. Timing can lag the government releases and the taxonomy for withdrawn filings varies.
H1BData lead software engineer extract24 records with a $121,952 median and selected records up to about $170,830Visible records only, not a complete Department of Labor microdata extract, so percentiles below are indicative.
MyVisaJobs title summariesSolution architect averaging about $129,125 across three recordsSample sizes at title level are very small and should not be used as a band.
Official careers postings$115,905 to $127,000 for senior software engineer and $143,000 to $157,000 for lead software engineerPostings are the stronger evidence where they exist, because they are Dollar General's own published range for a specific role and location.

City-level H-1B wage history

CityP25MedianP75Records
Goodlettsville, TN
Headquarters and technology organisation. Modelled from visible LCA and posting observations rather than a complete city census.
$116K$122,000$141K10
Franklin, TN
Nashville-area worksite in the H1BData visible sample.
$116K$123,209$141K4
Dallas–Fort Worth, TX
Analytical metro grouping of visible Plano, Celina, Aubrey and Irving records.
$128K$134,971$150K5
Overland Park, KS
Small visible sample; use as a directional observation only.
$123K$128,849$135K2
Westfield, IN
A single visible lead software engineer record, at the top of the national range for that title.
$141K$140,920$141K1
Bentonville, AR
A single visible lead software engineer record, likely a supplier-facing role near the Walmart campus.
$121K$121,222$121K1

All-years aggregates. P25/P75 are rounded reconstruction values marked modeled; medians and record counts are the stronger fields.

Selected title / worksite records

TitleWorksiteProffered wageNotes
Lead Software EngineerWestfield, Indiana$140,920The highest visible lead software engineer wage outside Texas, and the reason Indianapolis prices at parity with the Goodlettsville anchor.
Lead Software EngineerAubrey, Texas$149,781The top of the visible Dallas–Fort Worth cluster, consistent with the 1.10 factor applied to that market.
Lead Software EngineerPlano, Texas$134,971The median of the visible Dallas–Fort Worth records and the anchor for the metro grouping.
Senior Software EngineerFranklin and Overland Park$116,438Sits just below the $115,905 to $127,000 range Dollar General publishes for the same title in its own postings.
Digital and IT Senior ManagerVarious United States worksites$103,000–$155,000A wide spread that reflects genuinely different scope and geography rather than a single band.
Scrum MasterSelected United States worksites$76,856–$103,329Materially below engineering leadership, which is a useful reminder that a corporate technology title is not automatically a DG-6 package.

Reading the data correctly

  • Labour condition application wages are guaranteed base salary for a specific filing. They exclude bonus, equity, benefits and any later increase.
  • Aggregator approval rates should be reconciled to primary USCIS data before being used for anything consequential; the counts here come from a third-party compilation.
  • Sample sizes are tiny. Three of the six cities rest on one or two visible records, so the percentile columns are indicative rather than distributional.
  • The population is not representative of Dollar General. Sponsored roles are almost entirely corporate technology, which is a separate submarket from the store and distribution workforce that makes up the overwhelming majority of employees.
  • Where an official Dollar General posting and a visa record disagree, the posting is the better evidence because it is the company's own published range for a named role and location.

Key Nuances & Insights

01The median employee is the story, not the CEO

At $18,876 the median compensated employee is roughly a third of what an annualised sales associate posting implies. A store-heavy, part-time-inclusive workforce produces a low denominator, which is why the 432 to 1 ratio is the highest in this peer set even though the $8.16 million chief executive total is the lowest.

02FY2025 chief executive pay contained no equity at all

Todd Vasos received no annual stock or option award in FY2025, so 73.7 percent of his package was the Teamshare cash payment. Anyone benchmarking Dollar General's chief executive against a peer's equity-heavy package is comparing two different structures in the same year, and the FY2026 nominal $12 million award reverses it.

03Executive bonus leverage is close to all-or-nothing

Teamshare paid nil to most continuing named executives in FY2023, about 10.2 percent of target in FY2024 and 182.4 percent in FY2025. A 75 percent target is therefore worth anywhere from zero to about 137 percent of base, and a candidate should price the target at well below face value.

04Adjusted EBIT does all the work

The 70 percent EBIT weight maxed out at 131.5 percent of target, while net sales came in at 101.2 percent and the strategic objective at exactly target. A plan that pays 200 percent on a component at 110 percent of target is highly geared to one number, and that single number effectively sets the bonus.

05The executive vice president grant is close to a flat value

Three officers received an identical $5,619,899 stock award value in FY2025 and two received identical 6,710-unit RSU grants in March 2026. Function does not appear to change the annual award materially at that level, which makes base salary and target percentage the negotiable elements.

06Options are dead, RSUs are the currency

FY2025 granted 4,421 options against 1,264,784 RSUs and 454,393 PSUs, and the 2,570,957 options still outstanding carry a $163.64 weighted exercise price against a $123.41 share price. A large part of the legacy option overhang is currently underwater.

07There is no employee stock purchase plan

Nothing in the filings or careers pages describes a discounted purchase, matching-share or broad-based ownership programme. For roughly 194,000 store and distribution employees the equity component of pay is genuinely zero, not merely undisclosed.

08Equity eligibility begins somewhere nobody will confirm

Award forms addressed to certain employees show that selective grants exist below the named executives, but no filing states the threshold. The practical read is that DG-8 is the first band where an ask is credible, and that below DG-10 it will be event-driven rather than annual.

09Corporate technology is a separate company

Lead software engineer postings at $143,000 to $157,000 sit alongside store associate postings at $12.77 an hour in the same organisation. Averaging the two produces a number that describes nobody, and any Dollar General pay statistic should be read with the population attached.

10The location factors are labour markets, not cost-of-living adjustments

Amsterdam, New York prices at 1.08 and Bessemer, Alabama at 0.90 largely because of state wage law at the hourly end and metro competition at the corporate end. Dollar General publishes no geographic differential formula, so these are analytical ratios and the local role mix will often dominate them.

11Postings beat aggregators, consistently

Dollar General's own advertisements carry a specific role, a specific store and a lawful pay range. Review-site averages mix hourly and salaried staff, old and new data, base and total pay, and different states. Where the two disagree, the posting wins and the disagreement is usually a population artefact rather than a real change.

12Three of the top five roles changed hands inside a year

A new chief financial officer in October 2025, a new chief operating officer in November 2025 with a strategy role eliminated, and a chief executive succession dated 1 January 2027. Inducement equity of $4 million for the incoming chief executive and a $900,000 signing bonus for the chief financial officer show what external senior hires can command, against an internal-promotion rate above 70 percent at store-manager level.

13The plan pool cannot be reduced to a utilisation rate

The SEC equity-plan table mixes outstanding awards, legacy 2007 plan effects and shares still available, so dividing 4,653,023 by the original 11,838,143-share authorisation would be arithmetic without meaning. No utilisation percentage is published here for that reason.

Research control

Against Dollar Tree, Five Below, Target and Walmart, Dollar General pays its chief executive the least and its median employee the least, and the second effect is larger than the first. Its $8.16 million chief executive total is 55 percent of Dollar Tree's and 28 percent of Walmart's, yet its 432 to 1 ratio exceeds all of them. On the corporate side the technology bands are competitive for Nashville but sit below coastal technology employers, which is consistent with a company that recruits corporate talent regionally rather than nationally. The peer comparison is imperfect: fiscal calendars differ, Walmart's figure is FY2026, and several packages contain one-time succession or promotion awards.

Evidence classification

LabelMeaningExamples and permitted use
VerifiedA Dollar General SEC filing, an official careers posting with a lawful pay range, or an official benefit page.Quote directly. This covers the whole executive section, the equity plan data and the DG-5 and DG-6 posting ranges.
ReportedA third-party salary submission or a labour condition application wage from MyVisaJobs or H1BData.Use as a directional market observation with the sample size attached. It covers DG-7 and the H-1B section.
ModeledA Goodlettsville anchor midpoint multiplied by a city calibration factor, or a band midpoint derived from several sources.Treat as a planning envelope. It covers DG-1 to DG-4 and DG-8 to DG-10, and it is never a Dollar General salary range.
Not publicly disclosedNo reliable public evidence was found.Left blank rather than estimated. Ask the company directly; several of these are ordinary questions a recruiter can answer.

Explicit “Not publicly disclosed” index

Any official company-wide grade or band identifier and its salary range.
Band-level variable-pay targets for frontline, store, distribution, corporate and vice-president roles.
The equity eligibility threshold below the named executives and any recurring grant matrix by band.
The company-wide annual review month and effective date for populations other than the named executives.
Rating labels, calibration distribution, forced ranking and the rating-linked increase matrix.
Promotion tenure and the promotion increase schedule for any band.
Company-wide attrition, quarterly turnover and store-manager turnover rates.
The exact 401(k) employee match formula in a public plan summary.
Paid time-off days, parental-leave weeks and insurance coverage limits by employee class.
Mexico, China, Hong Kong and Turkey compensation ranges and benefit design.
Complete city-level H-1B percentile distributions and an approval-rate reconciliation to primary government data.

Known gaps and diligence before relying on a cell

  1. 1The chief executive row is deliberately absent from the band table. A single worldwide contract figure of $8.16 million would distort every city cell if it were multiplied by a location factor, so DG-12 is carried in the executive section only.
  2. 2DG-11 is kept in the band table for ladder completeness but is marked as excluded from the range chart. It is a national proxy disclosure of seven people, and the city factors should not be read against it.
  3. 3No employer benefit load is included anywhere in this report. Total compensation is rebuilt from base plus bonus plus equity so that it reconciles, and the 401(k) match, payroll taxes and insurance cost are treated as employer cost rather than pay.
  4. 4The equity figures at DG-8, DG-9 and DG-10 are the residual between the bundle's own modelled base and total midpoints after bonus is set at the midpoint of the modelled target range. They stand in for selective awards whose size Dollar General does not disclose, and they are not observed grant values.
  5. 5Store and corporate populations move in the same direction across the twelve markets, so one factor is applied to the whole ladder. Where a distribution centre carries no corporate roles, the upper bands are notional for that city and should be read as the market rate rather than as a Dollar General population.
  6. 6The bundle carried INR translations for every figure at a 95.39 rupee rate. Those were dropped because Dollar General has no verified Indian workforce and the translations implied a comparison that does not exist.
  7. 7No non-US location is priced. Mexico, China, Hong Kong and Turkey together employ 253 people with no disclosed pay data, and modelling them from national statistics would describe those countries rather than this company.
  8. 8Prior-year headcount is not reproduced in the source bundle, so the headcount panel carries the FY2025 figure with the multi-year 401(k) match and share-based compensation series as the only workforce-scale trend available.
  9. 9Bonus percentages between DG-4 and DG-10 are derived from the bundle's modelled ranges rather than from any Dollar General target table, and the variable percent shown on each row is the implied ratio of the modelled bonus to the modelled base.

Source register — 14 sources

S1FY2025 Form 10-K for the year ended 30 January 2026 · Dollar General Corporation, filed with the SEC · 2026-03-20. Headcount, store count, equity plan table, award activity, share-based compensation expense, 401(k) match expense, internal promotion rate.
S22026 Definitive Proxy Statement (DEF 14A) · Dollar General Corporation, filed with the SEC · 2026-08-27. Named executive compensation, CEO pay ratio, Teamshare design and outcomes, director pay, non-US employee counts, merit increases.
S3Form 8-K on CEO succession and compensation terms · Dollar General Corporation, filed with the SEC · 2026-03-24. Jerry Fleeman's base, bonus target, inducement RSUs, annual equity target and signing bonus; Todd Vasos's FY2026 terms.
S4Investor Relations events and presentations page · Dollar General Corporation · 2026-08-27. Confirmation that the Q2 FY2026 call was scheduled but carried no press release at the research cut-off.
S5Investor Relations stock chart · Dollar General Corporation · 2026-08-27. The $123.41 share price snapshot used for indicative current values of unit grants.
F1–F8SEC Forms 4 for Emily Taylor, Todd Vasos, Donny Lau, Carman Wenkoff, Kathleen Reardon, Roderick West and David Rowland · Filed with the SEC · 2026-05-28. The nine insider transactions between 10 March and 28 May 2026, including grant unit counts and the option exercise price.
J1Retail District Manager posting at $113,600 to $142,000 · careers.dollargeneral.com · 2026-08-27. The DG-5 anchor and the only disclosed field-management salary range.
J2–J5Senior and lead software engineer postings at $115,905 to $157,000 · careers.dollargeneral.com · 2026-08-27. The DG-5 and DG-6 corporate technology anchors.
J6–J8Assistant store manager, lead sales associate and store manager postings · careers.dollargeneral.com · 2026-08-27. The DG-2, DG-3 and DG-4 anchors, including the $62,360 Williamstown store manager minimum.
B1–B3Corporate, retail and distribution careers benefit pages · careers.dollargeneral.com · 2026-08-27. The segment benefit tables, including tuition programmes and the internal promotion pipeline.
H1Employer H-1B overview for Dollar General · MyVisaJobs, compiling Department of Labor and USCIS data · 2026-08-18. Fiscal-year LCA and petition counts, average proffered base and approval counts.
H2Lead software engineer LCA extract for Dollar General · H1BData · 2026-08-27. The 24-record $121,952 median and the city-level wage observations.
P1–P42026 proxy statements for Dollar Tree, Target, Walmart and Five Below · Filed with the SEC · 2026-08-27. The peer chief executive comparison.
FX1Historical USD reference table · X-Rates · 2026-08-27. The indicative FX snapshot from the source bundle. No conversion is applied in this report because every priced location is in the United States.

Recent News & Workforce Trend

Almost every dated compensation event in the past year is either a leadership change or a Section 16 filing. Dollar General announced no company-wide pay rise, freeze or cut, and frontline wage movement is visible only through individual job postings.

Not reproduced in the source bundle
FY2023 employees
Share-based compensation expense of $51.891 million and 401(k) match expense of $35.9 million are the only workforce-scale figures carried for this year.
Not reproduced in the source bundle
FY2024 employees
Share-based compensation expense of $58.738 million and 401(k) match expense of $38.2 million, a 6.4 percent rise in matching cost.
~194,000
FY2025 employees
Full- and part-time headcount at 27 February 2026 across 20,959 stores in 48 states and Mexico, with 253 people compensated outside the United States. Share-based compensation expense of $91.453 million and 401(k) match expense of $40.2 million.

Dollar General publishes no attrition rate, no quarterly voluntary turnover series and no store-manager turnover figure, and a review-site number would not be comparable with a company-reported one. The 401(k) match expense series is the closest public proxy for aggregate workforce cost movement, and it rose 12.0 percent across the two years while share-based compensation rose 76.2 percent, which is a clean picture of where reward growth has been concentrated.

20 Oct 2025
Donny Lau becomes Chief Financial Officer

Terms were an $800,000 base, a 75 percent Teamshare target, a $5 million long-term incentive target and a $900,000 signing bonus, plus inducement RSUs vesting half on the second anniversary and half on the third.

2026 definitive proxy statement
1 Nov 2025
Emily Taylor promoted to Chief Operating Officer; strategy role eliminated

Announced in November 2025. Her base moved to $950,000 and her bonus target from 75 to 100 percent, with promotion RSUs. Steven Deckard's position as EVP, Strategy and Development was eliminated and he received a $2 million separation-related payment.

2026 definitive proxy statement
10 Mar 2026
Performance share units earned and settled for an executive officer

Roderick West's Form 4 reported 30,626 performance share units, worth about $3.78 million at the $123.41 snapshot, followed the next day by a 2,691-share option exercise at $84.67.

SEC Forms 4
20 Mar 2026
FY2025 Form 10-K filed

Confirmed roughly 194,000 employees, 20,959 stores, share-based compensation of $91.453 million against $58.738 million a year earlier, and 401(k) matching expense of $40.2 million.

FY2025 Form 10-K
24 Mar 2026
Jerry Fleeman named Chief Executive Officer designate

Effective 1 January 2027 on a $1.25 million base, a 150 percent bonus target, $4 million of inducement RSUs vesting ratably over three years, a $7.5 million annual equity target prorated for FY2026 and a $500,000 signing bonus repayable within two years. Todd Vasos becomes Senior Adviser from 1 January to 2 April 2027.

Form 8-K on CEO succession
26 Mar 2026
Annual executive RSU grant cycle filed

Todd Vasos received 40,260 units, Emily Taylor 12,581, Donny Lau 10,065, and Carman Wenkoff and Kathleen Reardon 6,710 each. The unit ratios are the clearest public view of internal executive levelling.

SEC Forms 4
1 Apr 2026
RSU vesting date and tax withholding

Emily Taylor surrendered 8,928 shares at $117.17 to cover tax on a vesting event, confirming 1 April as the annual vesting date for executive restricted stock units.

SEC Form 4
28 May 2026
Director equity granted at the 2026 annual meeting

Independent chair David Rowland received 1,647 restricted stock units. FY2026 board pay rose across the board: the cash retainer to $105,000, the annual RSU award to $195,000 and every committee chair retainer by $2,500 to $5,000.

SEC Form 4 and the 2026 proxy statement
27 Aug 2026
Q2 FY2026 results call scheduled with no release at the cut-off

The official events page listed the call but carried no press release at the research cut-off, so nothing in this report incorporates Q2 results. The latest filed compensation source remains the 2026 proxy statement.

Investor Relations events and presentations page
Last updated 2026-08-27