Thread regarding Lowe's Cos. layoffs

Get out as soon as you can

What I am about to post is strictly my opinion and nothing more. It is my belief that the "new" sales specialists bonus structure was likely concocted to throw off a potential mass exodus when the last bastions of the original commissions/SPIFFS structure (i.e., Allowance) was rescinded at the beginning of the 2020 fiscal year. Still remember my SM calling me into their office mid 2019 to personally inform me that the company would be ending the Allowance program at the beginning of 2020 fiscal year. In practically the same breath my SM also stated that corporate was planning on replacing it with a "new" sales specialist incentive program. Months past without any real news on what that new program would be. After receiving the news, some specialists left, some stayed on.

Again speaking for myself, I wanted to believe what my SM was telling me was factual and I personally decided to stay on. Much like I decided to stay on when we were assured (in writing no less) that we would be given an Allowance when the original Commissions/SPIFFS program ended. It absolutely would not surprise me if corporate is doing exactly the same thing but with just a slightly different spin to it. Various metrics can easily now be used against you as grounds for either demotion or termination. Your replacements will likely be hired in at a much lower starting base pay with the carrot being dangled in front of them that they stand to make additional money via the "new" bonus structure. To any of you long time specialists is this starting to sound familiar to the pitch we were given all those years ago???

As for the previous demise of the Plumbing Specialists, Lowe's likely quickly realized that the "new" incentive program potentially could pay out far more than the old allowance program and quickly remedied the potential cash flow loss. Both Flooring and Millwork is kicking a– in my market and it wouldn't surprise me in the least if corporate is already looking for ways to decrease payout. Appliances currently is of zero threat to them as the extreme lack of inventory is acting like a NASCAR restrictor plate with respect to sales and at least in my XDT market we have virtually no hope of making our 2019 baselined SPH numbers.

Bottom line, any perceived promises coming from the corporate office at Lowe's is not worth the paper they are written on. My advise, get out as soon as you can. This is being written by a long time Lowe's sales specialist that was doing close to 2 million in annual sales (up until corporate transitioned us into an appliance XDT market and pulled the rug out from under us both inventory and systems wise) and is currently making nearly 40% less than I was back in 2011. Lowe's clearly doesn't care how much you have personally sacrificed or done for them over the years, only what you did for them last month. In their minds we are all easily replaceable. If your sole motivation to come to work each day is strictly a paycheck than stay on, however if you want your work ethic to be appreciated you are absolutely working for the wrong employer.

A must read from @1sbu+17LVgK7G.

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Post ID: @OP+17Nyv08h

4 replies (most recent on top)

lowes is a dump. always has been always will. piss poor management from the top down. boys in charge.

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Post ID: @owgq+17Nyv08h

I completely understand this sentiment, I am a flooring specialist and have been for almost 3 years. The change from when I started to what is happening now is unreal, In fact as I say to my fellow employees, "This is becoming walmart around here". I spent 8 years of my life with that company and saw how they morphed into the stoic non personal corporation that they are. It is extremely sad and uncomfortable to experience that again. Polished up the resume 3 weeks ago and will move on. It is unfortunate that what was such a great place to work is now "just like everyone else."

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Post ID: @2fzk+17Nyv08h

Marvin or the DM is really screwing Lowes up for employees. Or is it how many people they can get in and out the door to say they hired a lot during the pandemic for tax purposes. What’s the deal? How can some full time employees get Monday -Friday every week and other full timers are told to be full time you have to have open to close availibity? No effort to work with employees who know the job. Who will show up every shift on time.

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Post ID: @1jdr+17Nyv08h

20 years here and it boils down to this. Each person has to do whats best for them. I have stayed the course through many peaks and valleys and fortunately when I was getting the good spiff and commission money I was smart with it invested it properly and its paid off. Lets throw in 20 vacation days and 4 personal holidays. Let me be clear here not defending the corporation just simply stating that green grass may not be as green as some people think. Again gotta do what works best for you but sometimes sticking to the playbook can be rewarding in the long run. Good luck all invest invest invest..

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Post ID: @odz+17Nyv08h

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