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I recently left one of the HH Gregg stores. Initially when we opened everything seems pretty normal. Then as time went on it seemed to get worse and worse. As a commissioned sales person you expect some bumps in the road. But what these genius' did was to change the commission structure so that the main portion was based on gross profit. Knowing the economy was going down the tubes, they knew exactly what they were doing. Then they started insisting that we take every deal even if we didn't make any money on it. The company also uses a floating cost structure by which they can add their 20 or 25% to the real cost and call it landed cost. At the store level then what they do is to consistently change the landed cost so you never know exactly how much money you might make. It kind of reminds me of the thimble game played in the carnivals where they keep moving the thimbles and make you guess where it went.
They may be opening lot of stores but they first need to learn how to treat their employees Sentiment : Sell Rating :
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The worst job I've ever had
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oldtvman@sb... |
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8-Sep-09 02:15 pm | ||
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Yeah a commission salesman knows all about floatin...
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dzeernan500... | Rate it | 8-Sep-09 03:36 pm | ||
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As a matter of fact I passed the " 7 " with a...
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oldeguy | Rate it | 13-Nov-09 03:29 pm | ||
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Yep, they come in big, take lots of market share, ...
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gguybbycc | Rate it | 8-Sep-09 03:38 pm | ||
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Get over it.
This is a stock message board NOT ...
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masterq2003... | Rate it | 20-Sep-09 11:31 am | ||
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how a company treats its employees matter to ...
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lrking1 | Rate it | 13-Oct-09 02:14 pm | ||
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Lora,
I am well aware the the most valu...
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masterq2003... | Rate it | 13-Oct-09 07:49 pm | ||
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My son works at HGG and went through the same chan...
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capital_4_g... | Rate it | 28-Sep-09 03:51 pm | ||
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You need a compensation system that supports ...
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gguybbycc | (1 Rating) | 20-Oct-09 09:16 am | ||
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From what I've seen, HGG is no competiti...
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iba4tun81 | Rate it | 29-Oct-09 12:35 am | ||
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What is BBY's compensation model. I hav...
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gwilso2 | Rate it | 29-Oct-09 02:08 pm | ||
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What you said is exactly the truth.
What goes a...
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oldeguy | Rate it | 13-Nov-09 03:33 pm | ||
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You are right...The management at HH gregg is quit...
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jacvipflrs | Rate it | 17-Nov-09 09:41 pm | ||
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all of this talke just seems to me like peopl...
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ldogg70 | Rate it | 19-Nov-09 03:35 pm | ||
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Enjoy working those holiday hours! Don't...
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jacvipflrs | (1 Rating) | 23-Nov-09 11:21 pm | ||
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For now, yes.
This is all about the inside...
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oldeguy | Rate it | 25-Nov-09 03:39 pm | ||
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It's a very risky model - they probably ...
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gguybbycc | Rate it | 1-Dec-09 07:55 am | ||
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Is that all you got shorty?
LL
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masterq2003... | Rate it | 1-Dec-09 02:53 pm |
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