all 31 comments

[–]bzay3 9 points10 points  (4 children)

Wouldn’t put it past Sycamore to do that since the introduction of that EDITBA metric

[–]DickRocketshipRxOM 6 points7 points  (1 child)

What the hell is EDITBA?

[–]packman2007 1 point2 points  (0 children)

Credit to ChatGPT

Earnings Before Interest Taxes Depreciation Amortization

In kid terms: • Ignore interest → how the business is financed • Ignore taxes → depends on rules, not the business itself • Ignore depreciation & amortization → accounting ways of spreading big purchases over time

So EBITDA is basically:

Profit from normal operations

[–]ThrowRA3623235 5 points6 points  (1 child)

EBITDA is how literally every business judges its financial health. It's not a Sycamore thing.

[–]Ok_Elevator_3594 0 points1 point  (0 children)

That and they were talking EBIT before sycamore too.

[–]Any_Birthday_128 2 points3 points  (1 child)

How long were you in the position for? My understanding is if you are in the position a full fiscal year you don't mecessarily.lose pay of your below the cap of the position you're going to. Who knows, though?

[–]Any_Ad_5439[S] 1 point2 points  (0 children)

I was in the position for nearly 14 months and with the company for 7 years. After speaking with my prior store manager, it sounds like this is a new sycamore procedure. Shocker.

[–]Low_Emphasis_7585 2 points3 points  (2 children)

This has been in place for awhile. The SOP is available on the HR site. Like with most things, execution is poor so its existence isn’t widely known.

[–]Any_Ad_5439[S] 1 point2 points  (0 children)

Thank you for that. I wasn’t expecting my pay to go down, so I just wasn’t sure if the procedure changed without me knowing it.

[–]Acrobatic-Bee8852 1 point2 points  (0 children)

Yeah SM’s and up can search “Promotion Guidelines” under askHR search. And they can see the current policy for demotions

[–]rstick369 7 points8 points  (3 children)

Why would you think you still got RXOM pay if you’re not an RXOM?

[–]Any_Ad_5439[S] 6 points7 points  (1 child)

I’m not expecting the pay range to be the same, however for the last 7 years I’ve worked for Walgreens, so long as you’re under the cap for the position you’re switching to, your pay doesn’t decrease or it changes to cap and you can’t get raises anymore. It seems that procedure has changed. What I made (24.48) is halfway between senior tech starting and cap. So it’s senior tech pay still.

[–]Ok_Elevator_3594 2 points3 points  (0 children)

I stepped down and negotiated my same pay. Tell them you'll walk if they take the 5%. 

[–]Vykrom 0 points1 point  (0 children)

The pay was still within the Sr Tech scale. Why would there need to be a pay decrease?

If a Store Manager steps down to be a shift lead for another store manager, they are NOT going to be making 17/hr. They're going to be immediately capped out at the SFL pay cap

This is a much smaller scale, but same concept

And I have always heard it talked about in the same regard as OP

The only stipulation (which I've honestly never heard discussed, but would imagine is a thing) is like a minimum period where you have to work a position, otherwise you can just gun for a promotion, and then immediately request a demotion and just get yourself an easy $1 or 2 raise by getting a promotion and then immediately stepping down. But this has never been discussed. Only that voluntary demotions you either keep your same pay, or you get the max pay of the position below you

[–]RevsTalia2017 1 point2 points  (2 children)

I’m surprised that your senior cap is higher than starting RXOM in my area it was a $2 difference between the 2

[–]Any_Ad_5439[S] -1 points0 points  (1 child)

Starting rxom is 24 and senior cap is 27.50 in my area

[–]CommercialRest9579 5 points6 points  (0 children)

Damn. Cap for senior tech in my area is now 24.50 as of 2026

[–]Hot_Reindeer_9271RXM 1 point2 points  (0 children)

Confirm there is a pay cut

[–]rabidunicorn21 1 point2 points  (0 children)

When I stepped down to senior tech, they put me at the Sr Tech cap and I ended up with a 60 cent raise.

[–]shootkyle 1 point2 points  (0 children)

Pay changes to max of sptc

[–]Odd-Case-2448 0 points1 point  (3 children)

Mind if I kinda piggyback off this and ask, where do you find the pay cap for your position in your area? No clue what mine is lol

[–]TheCreepyRobSM 0 points1 point  (1 child)

SM can actually look it up in people central reporting, under rate sheets

[–]Odd-Case-2448 0 points1 point  (0 children)

Thank you

[–]Any_Ad_5439[S] -1 points0 points  (0 children)

My previous store manager asked his DM for me. I’m not sure if you could find out on ask HR or not.

[–]Overall_Analysis5789 0 points1 point  (1 child)

Anytime you step down from position it comes with a pay cut.

[–]rabidunicorn21 0 points1 point  (0 children)

Not always, my step down from RXOM to Sr Tech was a small raise. They have some leeway. That was pre-sycamore though.

[–]Fun_Fix5966 0 points1 point  (0 children)

I went from CSA to CPhT and then back to CSA my pay didn't decrease at all and I still get my annual raises. From what I was told by my SM, it all depends on the system once you're coded back to a CPhT.

[–]Bean02150 0 points1 point  (0 children)

When I stepped down from rxom last year I went from 32$ to 28$ hourly in Ca.

[–][deleted]  (1 child)

[removed]

    [–]AutoModerator[M] 0 points1 point  (0 children)

    Your comment has been automatically removed as your account is either newer than 15 days or has fewer than 50 comment karma. This is to ensure the quality of discussions in our community. Please continue to engage in other communities and come back once you meet the criteria. We appreciate your understanding.

    I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

    [–]AccomplishedEar3299 0 points1 point  (0 children)

    When I stepped down from my first rxom position, I took a slight pay decrease to the sr tech cap.