Joined: 07 Jul 2003
Posts: 153
| Posted: Tue Jul 22, 2003 2:38 am Post subject: Any Fine Jewelry News | |
| Have heard no further mention regardng posts last week regarding the new pay structure. Any one know anything? | |
Joined: 04 Jul 2003
Posts: 2400
Location: A little bit sideways!
| Posted: Tue Jul 22, 2003 4:03 am Post subject: Re: Any Fine Jewelry News | |||
Nope. ~GoodFella |
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Joined: 07 Jul 2003
Posts: 153
| Posted: Tue Jul 22, 2003 1:18 pm Post subject: | |
| This must be the best kept information in the history of Sears. No one is talking about it. I don't think other associates understand the impact this could have in stores. Fine Jewelry is one of the places Sears makes money. Brand Central is first, Credit and then Fine Jewelry. That information is in the annual reports stockholders receive. Hopefully, the changes will not impact the associates incentives to sell, because it is usually much harder to sell a $1000.00 braclet than a washer or stove as the customer really has no need for the item. | |
Joined: 04 Jul 2003
Posts: 830
| Posted: Wed Jul 23, 2003 12:31 am Post subject: | |
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I thought I read somewhere that it only effected large market stores. I'll pull it up again and look. Better yet, I'll ask the FJ lead!
CS 
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Joined: 07 Jul 2003
Posts: 153
| Posted: Wed Jul 23, 2003 7:33 pm Post subject: | |
| Our lead denies knowing anything......said she had not heard a word of this until I asked her. We are a million dollar a year department, so I would imagine it would affect us. | |
Joined: 04 Jul 2003
Posts: 114
Location: The hole in Jay's floor
| Posted: Wed Jul 23, 2003 11:47 pm Post subject: | |
| In hot news, it said if your store does over 500k in sales annually you are to go to an hourly job code 7. If your store does under 500k, you go to a $6.50 base plus 3-3.75% commission. This is supposed to take place August 3rd for fine jewlery and sometime in september for footwear. I'm not sure what the base+commission is for shoes. | |
Joined: 04 Jul 2003
Posts: 260
| Posted: Wed Jul 23, 2003 11:49 pm Post subject: | |
| I think you have this backwards....reread your info. | |
Joined: 07 Jul 2003
Posts: 153
| Posted: Mon Jul 28, 2003 12:29 am Post subject: | |||
I have been working very little, so I still have heard nothing regarding any of the supposed changes for our department. what is the job code 7? |
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Joined: 04 Jul 2003
Posts: 114
Location: The hole in Jay's floor
| Posted: Mon Jul 28, 2003 1:21 am Post subject: | |
| Beats the crap out of me what job code 7 is. It is an HR code, but it is hourly. I thought I had it backwards too, but no, it's right. The base + commission folks will be in the lower volumn stores, unless they typed it backwards in the hr hot news. | |
Joined: 04 Jul 2003
Posts: 260
| Posted: Mon Jul 28, 2003 2:09 am Post subject: | |||
Base + in stores over $500,000, job code 7 under. |
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Joined: 04 Jul 2003
Posts: 114
Location: The hole in Jay's floor
| Posted: Mon Jul 28, 2003 2:14 am Post subject: | |
| You're probably right. It's the arrow thingy they used that threw me. >$500,000 vs. <$500,000. I guess I got them mixed up. | |
Joined: 04 Jul 2003
Posts: 260
| Posted: Mon Jul 28, 2003 2:20 am Post subject: | |
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My math teacher taught me:
< looks like an L and means less than...... |
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Joined: 07 Jul 2003
Posts: 153
| Posted: Mon Jul 28, 2003 2:31 am Post subject: | |
 I apologize for beating a "dead horse",but I want to make sure I have this right. If the department sells less than$500,000 per year the salary will be 6.50 + commission, if more than $500,000, the salary will be hourly and no commission? Someone answer this and I promise to let it go. Sorry, but as I said in one of the other threads, we are never given any information in our store, and this is the only way I hear anything. 
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Joined: 04 Jul 2003
Posts: 260
| Posted: Mon Jul 28, 2003 2:38 am Post subject: | |
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You have it backwards....
greater than $500,000 and it's the base + commission, less than and it's straight hourly. Job code 7 is used as the basis for the hourly. |
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Joined: 04 Jul 2003
Posts: 260
| Posted: Mon Jul 28, 2003 2:39 am Post subject: | |
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and it's effective Sunday, 8/3.
If you work in FJ, you should already had a meeting with your ASM or SGM, or both. |
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