Sears was rated the fifth worst company to work for.
- Sears
Rating: 2.5
Pct. employees would recommend: 29%
Employees: 140,000
Industry: Department stores
Sears, once an American icon known for changing the way Americans shopped with its Sears catalog, is now at the brink of collapse. Sears, which merged with Kmart in 2004, has lost money each year for a decade. Over the 12 months through January, Sears Holdings posted a net loss of $2.22 billion, surpassing its net losses in each of the previous two fiscal years.
Employees, feeling insecure in their jobs and seeing little future prospects have not been happy at Sears during its decline. And low employee morale certainly has not helped the company. Low pay, poor work-life balance, and excessive pressure to sell credit cards are among the most common complaints among former and current Sears employees.