Two seasoned store team leaders fired in a space of 3 weeks. Guess, they will spend Thanksgiving this year with their real families. Why not just eliminate some very useless regional positions if the game is about cost savings?
11 replies (most recent on top)
Figley is the best STL in Florida!!
I worked in compensation prior to coming to this mess. It's not rocket surgery. Younger, less experienced managers will accept lower base pay and get paid less to do the same job as older, more experienced managers. Getting all macho and stupid doesn't change reality. Apparently you live in a dream world where companies don't hire EVERY employee as cheaply as they can get them, whether they're front line, supervisory or managerial. I prefer reality. It makes me less likely to need to turn to the crack pipe, as you seem to have chosen to do. Every company all over the world, when laying people off, will always try the short-term "fix" of cutting the most expensive managers and replacing them with younger, cheaper hires...people who will do anything to get that golden ticket into management. Do I think it's short-sighted? Usually, yes, but not always. Some people are just way overpaid. Especially the unnecessary, fat-laden regional people and corporate nothing-burgers. AGAIN, that is a fact, regardless of the gas-laden, explosive diarreah that you are using for a thought process. You must be on the way out with your defensive, nasty and pissy attitude. You are probably one of the many overpaid middle managers that walks around admiring how the apples are stacked. Have fun unloading trucks at Save-a-Lot.
Anonymous204866, typing "fact", before what you write does not make it fact. I know exactly how STL compensation works. There are STLs making $150K, but that is based on the store bonus, not their salary. The take home bonus is not on a sliding scale based on seniority, it is based on the stores performance. So you may have a discrepancy of roughly $20K between a fresh versus seasoned STL based on salary. Everything else (including stock options) remains the same. Fact. You do the math, chump.
Fact: Senior managers with lots of time in earn way more than younger managers with less experience. It does matter, a lot. People with long careers also get more perks if nothing else based on that seniority. If the company can dump a longtime STL pulling in total comp of $150k and replace him/her with someone getting total comp of $96k do the math. Especially if they do that to 100 or more STLs. Everyone is expendable. Execs are looking at money going out, period, and they know that for every high paying STL they get rid of, 10 more want the job even if it pays significantly less than what the other guy was earning before. No brainer. High compensation = target on your back.
I work in florida region.its rare that stl's ever feel the heat. My stl is so good at passing the buck onto tl's for his incompetence.shit rolls downhill..these two stl's must have done something very obvious to the public eye to get fired.otherwise it would have been blown over by regional.
Harassment for Figley, not sure if sexual or the other kind. Came from a credible source
The real wage discrepancy for STLs comes in the form of their bonus. that is tied to the store's performance. So whether or not the STL is young or old, new or seasoned, their bonus will b the same based on their location. I doubt Whole Foods is concerned over whether an STL's hourly rate breaks down to $32 an hour or $40 an hour. That is chump change in the grand scheme of things. I'm in a different region, so I don't know anything about those let go, but I think it's unlikely it was based on their pay.
Other was STL at Bayhill.... I heard it was because he told a customer to f*** off. Anyone know why Figley got the axe?
When the going gets tough, anyone who is pulling in a big salary and/or bonus is a target. Justified or unjustified! So just think, if a store has fantastic sales, its manager is probably very highly compensated. In five seconds, the company can bring in a much lower-paid manager from another location or tell the assistants to run things for the next year or two or five, and ELIMINATE that large STL expense. They figure sales will hold up and they can spend that much less money. Welcome to corporate America.
wow CAN CONFIRM boca opening on interwebs for STL.
Get out! I heard something along this line last night, one name I heard was Figley at Boca. Who are the two you heard?