Thread regarding Macy's Inc. layoffs

Path to growth incentive at Macy's

Please chime in. Thoughts?

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Post ID: @OP+Vzv12js

11 replies (most recent on top)

I agree with the previous post..pay 15.00 an hour, so the people wont work a week and then leave. How much does Macy's "lose" by training the staff and then they are gone...

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Post ID: @7aew+Vzv12js

Why not pay the $15 an hour? That way it is fair for all. Every employee benefits. Many associates have not seen a penny with the incentive.

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Post ID: @7qkb+Vzv12js

The PTG incentive program was introduced in order to give the hourly colleagues a vested interest in driving sales and filling online orders in their stores. When other employers like Amazon are making $15 an hour the minimum rates of pay, Macy's has opted for the PTG program which ties additional compensation to actual performance. Not a bad idea and one that has been fairly popular with most of the stores populations.

When you consider colleague sharing and the future of the integrated workforce, an incentive program that is not tied to specific associate performance and is based instead on a total store team sales vs. plan and fill rates vs. plan, and the number of hours worked, it will be simple to maintain in the program in the new environment and accommodate the significant changes coming next year.

We just finished a regional visit out in the Northwest and this is all that the regional team is talking about, but on one seems to know for sure what the specifics will mean for store and district teams when we merge the store level workforce.

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Post ID: @5mjj+Vzv12js

Dangle the plastic carrot....

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Post ID: @4ftl+Vzv12js

I have received the bonus each time our store was part of the program. Scheduling and other resourses have been cut across the board so as to cover the company's butts so that if the bonus is earned the it simply offsets the cuts.

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Post ID: @4ovo+Vzv12js

Come from an area that has never received the bonus...probably not this time either..

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Post ID: @2nfj+Vzv12js

Love mine. Have received it both times this year. We are on track to get it again in Nov

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Post ID: @2fio+Vzv12js

I agree with the last post. Numbers can't be real. No traffic in store. This is the new psychology strategy they came up with.

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Post ID: @1ogp+Vzv12js

I believe the numbers are fabricated for us to think they are doing well, I don’t believe thatthey really are.

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Post ID: @1mod+Vzv12js

If it was a path to growth why are they closing or selling stores? If it was a path of growth why do they talk about layoffs every year? If it was a path to growth... well I’m sure oh get my point.

I would have more respect for the leadership if they called it what it is. Pivot to growth... Macys is pivoting to find how they can adjust to grow the business again. Now if they closed stores and bought more distribution centers to ship good from I would say that’s a path to growth but that is not the case. They will learn like so many others have, brick and mortar stores are NOT distribution centers like Amazon and do not efficiently ship goods to customers like amazon. The numbers are convoluted and that will be exposed in coming years and as they continue to close stores. Just my 2 cents

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Post ID: @tex+Vzv12js

Spend millions of dollars on what you call a "Path to Growth", that is not growth , but continued sales decline.

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Post ID: @wfu+Vzv12js

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