Radio Shack Compensation Problem Essay

RadioShack is one of the largest electronic chain stores across America. They absorb up to 34,000 employees and according to their bodily website (www.radidoschack.com) they offer the Complete Package marvellous work environment, highly qualified employees and free-enterprise(a) compensation , including upon hire stipendiary time off , merchandise and wireless discounts, credit union, career progress , continued learning and development , educational discounts ,401(k) Plan. Medical, Dental and Vision Plans pliable Spending Accounts, Life/AD&D Insurance, Short and Long boundary Disability. This all sounds great, they offer things we all look for in an employer a competitive compensation and perks. So how does this huge corporation become rated number 3 top overcome places to work for? The ProblemAccording to 24/7 Wall St, they examined employee reviews at online job site Glassdoor.com. To make the cut of worst comp each, companies need to have a minimum of 300 reviews. Based on these ratings, 24/7 Wall St. identified RadioShack as the number 3 worst company to work for. Any company receiving a target of 2.7 or lower, ranks them in the bottom 10% of the 202 companies they measured.RadioShack rating was 2.4 and has 560 reviews. Reviewers were consistently miserable about the retailers sales commission structure and the immense hours. The reviews also indicated that the company limits commissions to certain products, instead of paying based on sales. Over the years compensation has turned into a big joke. You essential perform in all metrics (service plans, batteries, cell phones, etc) to get any sort of bonus as an associate. stated a former RadioShack employee. (www.glassdoor.com) certaintyThese remarks paint a completely different picture than what is listed on the corporate career web page. In my paper, my focus will be on the challenging monetary compensation of the company and to offer strategies on how to meliorate this problem.