CoManagers, Thank you for a job well done, thru the Holidays and the Year!
These changes are coming about after you have worked extremely hard long, hours and taken time away from your family through the Holidays! Also, after you have probably given up PTO and time off through the year as well.
This is very confidential Information, and all have been threatened that if there is a leak and they can find the individual, they will be terminated. WOW!! What transparency! Maybe the new leadership should learn the Culture! Respect for the Individual, be honest, forth coming and keep the open discussion environment. The UNVARNISHED TRUTH should work both ways and not just up! Maybe your Regional, Market or Store Manager should look to trust in you and tell you the truth if not is this the type of Company that you want to work for?
The Unvarnished Truth!!
- Meetings held last Friday with all Mkt Managers, Mkt Human Resource Managers and all Store Managers. (Remember the level of talent in these positions: Several have never run stores at the Market level, but will be making the decision for the future!)
a. Talent discussions were held on all CoManagers. Very subjective discussions and not a very
level set meeting. A lot of favoritism, and buddy system playing out.
b. Not all of the best were selected, a lot of good talent will be lost in this process and not even
be retained as assistant managers. What a drain on talent again.
c. CoManagers were banded within the following catagories:
RED - Not retained or gets immediate severance pay and no time to look for a job. If you
have a coaching then you will fall into this category.
YELLOW - You will get an option to demote to an assistant manager; or 60 days pay and
severence.
GREEN - You will be offered a position. It may not be in your current store; or 60 days pay
and severence.
- All Regionals held a conference call with all Mkt Teams, Store Managers, and CoManagers. Basically gave the WalMart talking points.
a. Not a long term position, must be actively applying for stores and has a 3 year longevity.
b. Store Volumes and placement of CoManagers:
$80 million to $90 million dollars in sales = 1 CoManager position
$90 million to $125 million dollars in sales = 2 CoManager positions
$125 million and above in sales dollars = 3 CoManager positions
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All levels of management have been through this process Divisionals, Regionals, Mkt Managers, and their counter parts in Asset Protection, Health & Wellness, and Human Resources. (Though most at the Regional level above were given preference options).
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All the 1700 Assistant Manager positions that will be added will be in Online Pickup and Grocery Pickup and will not be immediate.
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There were Regional Hiring events for assistant manager placement back in November and December. Why if they new that this was coming? This was not dreamed up after New Years.
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The week of Christmas there was information that came out in reference to the Policy change on Voluntary Demotion Request regarding Management. Wow there must be a lot looking to get out. Now this change.
You should always be prepared with a resume and the leave for a better opportunity. A lot will stay through this process and be caught up in the same process in future years. Use your time to better yourself and get out of this Company and go somewhere that you will be valued.
GOOD LUCK and WISH ALL WELL with the outcome and the process!!