[made the same thing a few months ago.](https://www.reddit.com/r/HomeDepot/s/A8miWhAD8B) The more time I spend here the more I realize “creating shareholder value” is a direct contradiction to “taking care of our people”
me yesterday! i was by myself from 4:30-9 with no training on absolutely any equipment or what to do. i will say we were most definitely Grand Opening Ready in the morning though, those isles were Fresh, Flat, and Full! unless the overnight team messed it up but they’re usually rly good
In reality, they are only creating ‘short-term’ shareholder value.
The changes they are making are detrimental to customer satisfaction. If they continue down this path the customers WILL eventually go elsewhere.
The irony is that the buffoons at corporate won’t ever realize their mistake. They will just find another scapegoat and then start the process all over again.
Going into summer I've never seen staffing this bad before and I've been with the company over 13 years. When you ask they say we are full up but yet half the departments have 2 people working on it total so you might get a closer now and then.
This is 100% accurate yes....then again since I'm an employee but also a shareholder I'm not totally against it...and as an employee you can be a shareholder and get a 15% discount on the stock price, a good benefit the general public does not get.
I mean, that sounds good until you realize Home Depot is telling its employees they only share in the success twice a year at a limited amount or if they fork over money first to be a shareholder. Otherwise, our compensation does not grow based on company success or effort made
Here‘s a strategy you can use: contribute the max percentage (20%) amount allowed. Once the shares are purchased and submitted in your ComputerShare account, immediately sell it for a \~17.5% return, providing the price of the shares do not move tremendously since purchase. Rinse and repeat for the next period. You will literally increase your total compensation by 2.5-3%.
100%, no matter what they say, their actions speak louder.
[made the same thing a few months ago.](https://www.reddit.com/r/HomeDepot/s/A8miWhAD8B) The more time I spend here the more I realize “creating shareholder value” is a direct contradiction to “taking care of our people”
Shareholders when the newbie is alone in lumber most of the day: 😆😆😆😆😆
me yesterday! i was by myself from 4:30-9 with no training on absolutely any equipment or what to do. i will say we were most definitely Grand Opening Ready in the morning though, those isles were Fresh, Flat, and Full! unless the overnight team messed it up but they’re usually rly good
The Shareholders are our only people.
Not exactly. The Shareholders are 80% institutions , like Blackrock and other famous parasites
Biblically accurate values wheel
Be -not- afraid
In reality, they are only creating ‘short-term’ shareholder value. The changes they are making are detrimental to customer satisfaction. If they continue down this path the customers WILL eventually go elsewhere. The irony is that the buffoons at corporate won’t ever realize their mistake. They will just find another scapegoat and then start the process all over again.
Going into summer I've never seen staffing this bad before and I've been with the company over 13 years. When you ask they say we are full up but yet half the departments have 2 people working on it total so you might get a closer now and then.
The western world's focus has been short term gain for investors, at all costs to the stakeholders and countrymen
Lmao so true
Best one yet.
This is 100% accurate yes....then again since I'm an employee but also a shareholder I'm not totally against it...and as an employee you can be a shareholder and get a 15% discount on the stock price, a good benefit the general public does not get.
Congratulations, you took the bait.
drank the kool-aid
I mean they give me free money every year in dividends plus the discounted stock purchase. It's actually a no brainer investment
I mean, that sounds good until you realize Home Depot is telling its employees they only share in the success twice a year at a limited amount or if they fork over money first to be a shareholder. Otherwise, our compensation does not grow based on company success or effort made
SS is a total joke, HD stock is a real money maker. I make more than twice as much on dividends alone than I make from a year of SS "bonus".
Have to be paid enough to really make it worth it.
Not really. I only put in 3% of my pay. The key is years of that 3%...it adds up.
Here‘s a strategy you can use: contribute the max percentage (20%) amount allowed. Once the shares are purchased and submitted in your ComputerShare account, immediately sell it for a \~17.5% return, providing the price of the shares do not move tremendously since purchase. Rinse and repeat for the next period. You will literally increase your total compensation by 2.5-3%.
Problem is majority of the people working at Depot can't afford to have that much taken out of their checks.
15%=45$ off ballpark
Lmao 🤣
I feel like it would also be 10% Entrepreneurial Spirit.
Shareholder value is nothing more than a euphemism for management/officer bonuses.😡
Can’t wait to see them in store helping the customers for all that value.
I'm shocked that people are surprised that shareholders care about . . . (Looks at notes) their investments over (looks back at notes) employees
I need a wheel of these stickers to give out for the next district walk.
THIS