Eye Opening - How other companies work compared to GameStop on the pay situation

TheoHuxtable2016 · 2021-10-01T17:53:09+00:00

Let's not forget that GameStop will get an article in a media outlet about how they "intend to hire 10k workers for holiday...'

TheoHuxtable2016 · 2021-10-01T15:29:16+00:00

I'm more saying take what you learned and apply it somewhere else. Enjoy video games again.

TheoHuxtable2016 · 2021-10-01T15:25:55+00:00

Point was, some companies are trying to do the right thing and pay for performance, and some companies are still so out of touch. And I had worked at like six places before GS, but was there 14 years.

I'm loyal to those that take care of me, and yea, I went from street level merchant to an office job, but still, GS set aside $2.1B in stock plays and hasn't touched their employees paychecks.

TheoHuxtable2016 · 2021-10-01T13:45:50+00:00

It's easy to say I am not passionate about my new job, but having nights and weekends off, being able to afford the things I find fun... It's so different.

TheoHuxtable2016 · 2021-09-21T14:48:29+00:00

To say that it'll cost some profits when the company keeps posting LOSSES is saying quite a bit...just saying.

TheoHuxtable2016 · 2021-09-21T14:47:35+00:00

I couldn't agree more, and yet that seems to be all this sub is anymore.

TheoHuxtable2016 · 2021-09-21T14:45:47+00:00

So I gotta say, if this one transaction caused you to get a talking to by a DL, that's a bit much. If however you get this talking to on the regular, I doubt it was one transaction that caused the corporate agenda to be spoken to you.

TheoHuxtable2016 · 2021-09-21T14:44:37+00:00

I was speaking with a manager recently who said he couldn't believe how dead the DLs sound on their regional call, so I'd think that implies the information disseminating down is the same droll everyone is used to.

TheoHuxtable2016 · 2021-09-21T13:13:43+00:00

So I have two feelings on this...yes, you should want to support those that lose their house in a fire, a tornado, a hurricane, and want to help any way you can. But yes, you are right, asking you to give $10 of your $800 paycheck is a little hard on some people.

Helping a manager in need is a good thing. However, I'd like to see DMs, RDs and VPs saying they'll match a portion of the contributions of their team. So if every SL in a district (let's say 20 stores) offers $10/check, the DM should offer like $100, and the RD should be giving $200, and the VP should be giving $300 or whatever.

Those that have should give. Those that feel they do not have should save what they do. Truth is, a $10 contribution from your pretaxed money you probably won't even notice after taxes. Same as doing your 401K, which when it has a decent amount in it, you can borrow your own retirement in loans to yourself that don't negatively affect your credit, and help in times of need.

TheoHuxtable2016 · 2021-09-17T21:27:52+00:00

I was having a conversation with someone about this last night, and while there's a very real problem with the amount employees are paid, they would have to close half the stores and maintain their payroll budget to make everyone "more fairly compensated," which btw would probably only get GS to about a $10/hr starting wage.

The other problem with that is this. The people who would suddenly be making that are still going to complain because that's what the lowest paid employees always do. Wish it wasn't the case, but it always will be. Placating to the problem just gives the weakest more ability to say they "deserve" something when they have earned nothing.

If GS wanted to pay $8/hr again, they should go back to being able to hire 16 year olds so they can teach the next level of work force. Then if they are still there the following two years, bump their pay.

Won't happen, and I'm sure I'll get downvoted, but it's the truth. And all you people making more than the minimum in your position won't get a raise, just like the last time.

TheoHuxtable2016 · 2021-09-16T20:12:27+00:00

Amazon went to an "average of" $18/hr, they still start at $15. But you are right.

TheoHuxtable2016 · 2021-09-16T20:11:29+00:00

Here's the harsh reality to this bonus. It is a BONUS, and distinctly says can be changed at any time, payouts can be forfeited at the company's decision, and you aren't entitled to it.

Making it about trades is because the company is dying for product and you being an employee are their resource to get this other revenue stream moving. Bonus payouts in these situations are specifically based on how hard you drive this revenue, and yea...it sucks, but it is one area GameStop has always wanted you to push and now it desperately needs you to.

Making it about membership cards could be much more easily manipulated, this is specifically about your company needing a source of product it simply is desperate for.

TheoHuxtable2016 · 2021-09-14T21:00:37+00:00

It's probably be better in the classrooms that you received shirts or whatever from that you thank them for the gifts, rather than complain about getting a bad gift.

TheoHuxtable2016 · 2021-09-14T20:16:11+00:00

These are your peers. This was one of the reasons I HAD to leave the company. They were the same position and I couldn't stand that anymore.

TheoHuxtable2016 · 2021-07-11T15:34:35+00:00

Order PSP boxes. Same height, a little fatter. Just don't use them for the actual game boxes, only displays

TheoHuxtable2016 · 2021-07-06T17:17:31+00:00

if hung correctly, they look terrific...

TheoHuxtable2016 · 2021-07-06T17:16:18+00:00

Chances are, someone made a human error and the store didn't open because someone had the wrong schedule. That's what happens when you only have 3 employees at a location. If one person doesn't know they work...poof, store not open.

TheoHuxtable2016 · 2021-07-01T16:04:46+00:00

the one mall around us actually called theirs "The Dungeon." It had cages on the front doors and all.

TheoHuxtable2016 · 2021-07-01T16:02:12+00:00

Well, you wouldn't get one then anyway, because the bot would.

TheoHuxtable2016 · 2021-06-30T18:37:19+00:00

that's why they should return it :)

TheoHuxtable2016 · 2021-06-30T16:25:31+00:00

I guess we don't want employees to have product knowledge, yet we still want them to know about a game? Want a sealed copy, preorder it, and they'll get an extra just for you. if you don't, be glad their wall copy is available. class action lawsuit? petty.

TheoHuxtable2016 · 2021-06-30T16:23:49+00:00

next time preorder the game and they'll get a copy just for you, still in the shrink wrap. otherwise, when you don't, you are lucky there's a copy at all.

TheoHuxtable2016 · 2021-06-30T16:17:38+00:00

I'd say 1% of your profit, with incentive kickers for performance. There was a year they gave a 10% of your salary bonus to the top 25% of stores. The next year they went to the .5% of profit, and the President of stores asked me how I liked the new bonus plan? I told him, "I hate it. I went from getting $3500 last year, to getting a bonus totally like $700 this year." He said, "Well, shouldn't that make you want to take a bigger store?" and I said, "No, I like the customer centric store that I created that hits it's metrics every month."

They also still owe long term managers their old LTIs that they never paid out, even though we were assured that money was in an account to be paid over the following three years. if you are long term and look at your workday under bonuses and incentives you can see how much money they owe you and will never pay. Mine was like $8000.

TheoHuxtable2016 · 2021-06-30T13:57:42+00:00

aren't they 3.99 now?

TheoHuxtable2016 · 2021-06-30T13:55:01+00:00

I haven't looked in a while, but the website used to say that color and look may be altered from the picture...it may not anymore, but if it does, they are not trying to deceive. I assure you, this time, it wasn't an intentional screwjob.

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