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great inventory bonus??
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slbaker


Joined: 25 Dec 2003
Posts: 1
Location: East Coast
Posted: Mon Dec 29, 2003 5:07 am    Post subject: great inventory bonus??  

I was just wondering if any other lowes stores got their inventory bonus this period. We had "a great inventory" and should have had a bonus. Every inventory before that we had a certain inventory rating there were bonuses for every permanent employee in the store. Our store didnt get one and I was just wondering if they had stopped the bonuses or what.

Also, in our store, we got a 25 dollar gift card to a local supermarket for thanksgiving, but at christmas we didnt get anything. Is that the normal thing this year for Lowe's??
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redsled


Joined: 20 Jul 2003
Posts: 13
Location: Metro Atlanta
Posted: Mon Dec 29, 2003 3:50 pm    Post subject: Re: great inventory bonus??  

slbaker wrote:
I was just wondering if any other lowes stores got their inventory bonus this period. We had "a great inventory" and should have had a bonus.

My store received an inventory bonus, but keep in mind it takes a while for it to show on your check. GO has to get the inventory figures and confirm everything and it generally takes about 6-8 weeks from the time of inventory until it shows on your paycheck as "Shrink Incentive".

>>
Also, in our store, we got a 25 dollar gift card to a local supermarket for thanksgiving, but at christmas we didnt get anything. Is that the normal thing this year for Lowe's??


That's the new thing. Instead of two $10 cert. (one at T/giving and one at xmas), they're just giving one $25 cert. out at T/giving.

redsled
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D892
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COOTER


Joined: 09 Aug 2003
Posts: 17
Posted: Mon Dec 29, 2003 8:37 pm    Post subject:  

Hello all, I can't remember how inventory works anymore, but Ill say this, employees get $100.00 zone mgr.1000.00 asms. 2500.00 and the head cheese (sm) gets 5000.oo. that is if you stay under 2.0 in shrink. (I think that's how it works.) Cool HAPPY NEW YEAR GUYS
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redsled


Joined: 20 Jul 2003
Posts: 13
Location: Metro Atlanta
Posted: Tue Dec 30, 2003 1:51 pm    Post subject:  

COOTER wrote:
Hello all, I can't remember how inventory works anymore, but Ill say this, employees get $100.00 zone mgr.1000.00 asms. 2500.00 and the head cheese (sm) gets 5000.oo. that is if you stay under 2.0 in shrink. (I think that's how it works.) Cool HAPPY NEW YEAR GUYS


It's not determined by you staying under a 2.0 in shrink. It depends on what your "budget" is for shrink. Every store is different. If you come in under your shrink budget, you get the bonus.

And I think that the dept manager shrink bonus is $250, not $1000. But the ASM and SM bonuses sound right.

redsled
R3
D892
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