Thread regarding Sears layoffs

It really makes you wonder how a failing company affords these wages

From 2017

Eddie $4million

Lena munjal over $1 million

Chief digital Officer

Robert riecker over $1 million

Chief financial officer

Robert j nardele over $1.5 million

Chief commercial officer- shop your way

Mca/cashier part time $18,512 yr

Part time associate store level who busts their butt $8.90 hr (2017)

If they were to get 40 hrs week every week for a year which wd never happen because sears always cuts hours

I’m sure all those high earners work for their money but they sure have not increased sales for the kind of money they make

Makes you wonder if all the savings of non existent advertising on tv or paper really just went to prop up “ their wages”

And this is just 4 or 5 of those very top management folks

They are milking this transformation baloney because they know they will never get another gig like they have now and they know there was never a “ transformation” in the works to begin with! Just a complete sham!

Then there are all those other layers upon layers of useless management... where will they all get another gig like they have now once Fast Eddie pulls the plug on this mess of a company.. especially when they are all out there at the same time

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Post ID: @OP+VkdW55f

5 replies (most recent on top)

Why do we need district managers any more? A simplified flow chart for assistance using generic department email addresses would be a lot easier.

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Post ID: @std+VkdW55f

@vkdw55f

https://swz.salary.com/ExecComp/LayoutScripts/Excl_CompanySearch.aspx

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Post ID: @cyv+VkdW55f

@VkdW55f-oit They're still way overpaid.

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Post ID: @mdq+VkdW55f

Yeah but they also make a lot less than their counter parts at stores like Macy's and Kohl's. Its an issue across the country not just at Sears.

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Post ID: @oit+VkdW55f

Dude in my store their is associates that make $6k and year. That is just plain sad man yet you see this high salary scumbags making so much money when the company is just failing.

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Post ID: @rhp+VkdW55f

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