I wanted to share my experience working as a Manager at Family Video, a company many students are probably familiar with due to its low priced movie rentals, free kids movies, 2 for 1 section and stale gumball machine.
Many times I passed by the store and noticed their sign stating they are hiring. In fact, anytime you ask them they will tell you they are "always hiring" because they are "always looking for good people." So I decided if I could not find a better job I would apply there and get a job working as a manager.
They do a great job of making sound like a good place to work. They offer benefits (including dental,) tease with offering a salary over $30,000/yr, promise chances of movement up the company ladder and not to mention free movie rentals. They even say things like "would you like to become a district manager in less than one year?" That all sounds great and exciting but what is the catch? Why are they really always hiring?
One reason is understandable; they are always hiring because they are always growing. Family Video is an extremely successful company. They recently hit their 500 store mark and they are growing fast, aiming at 1000 stores for their future. Netflix and redbox haven't even seem to make a great impact on their sales! But the other and more prominent reason is they only have a 30% "survival rate" of the candidates they hire to become their store managers. People simply aren't staying with their company. Is this because it is such a grueling and high-speed program that only the elite can hold out? No. Although they do a an exceedingly good job at training their candidates to run a store, its partly because most candidates realize the negative elements of the job and the lifestyle it demands of them do not balance properly with the positives of the position.
What are the negatives? Remember that $30,000/yr starting salary proudly advertised on their sign outside their store? Well, they don't give that much to you until you actually have your own store (and usually not even then.) During the 3-6 month training period (which is much much longer for some people) they pay $10/hr and require you to work 44 hours/week. After the training period once you get a store of your own, in order to reach that $30,000/yr you are depending on a 1% monthly commission check from the store you are assigned to and since most stores in a town the same size as Ames make around $40,000-$48,000/month, that bonus check is usually a little over $400. That is still short of that $30,000/yr dollar amount that was bragged to me over their sign because the base salary you are pulling in still 10/hr for 40 hours and 4 hours of 15/hr every week. Did I forget to mention there are NO BREAKS (and no chairs to sit in) given throughout the day and depending on the scheduling it is not unusual to work anywhere from 9-12hr+ days! Try holding your pee for 12 hours!
Furthermore, who has ever heard of anything different than a 40-hour work-week? Not only did they train it is a good manager who stays 4-5 hours more per week but they also have a normal 44 hour work-week! 4-5 hours longer puts you around a 50-hour week. Thats alot of time spent in the store doing alot of things they require you to do for alot of money you aren't getting.
I could go on and on, but I will end this here. I am not a disgruntled employee, I left my job on good terms with Family Video. However, I was not the only one who felt this way about the company. Roughly 90% of all other managers I spoke to felt the same way and many also admitted they were constantly on the lookout for different jobs. The most important thing to learn from my experience is to make sure you ask a current employee (who holds a similar position you are applying for) some things they like and dislike about their job. Also, think twice before getting involved in retail- especially management.
Wednesday, February 20, 2008
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3 comments:
Your profile looks great! You've got a great business discription and seem right on task. Other than that, it's Monday and my mind is stuck on Sunday, along with all of my thoughts.
Ya, I don't think I'm going to run there and grab an application. I think everybody has a job or things about their job that they don't like but it sounds like they get people to work for the money.
Gotta love those "40 hour work weeks" I used to work in a quasi manager position that scheduled me for 48 hours a week. The fun part was that you got your regular pay for the first 40, but then after that you got paid for the 1/2 of your time and a half. AND, it was based on how many hours you worked total. They didn't discourage you for working as much as you felt like. If you worked 40 hours for ten bucks an hour you got 400 bucks. If you worked 50 hours you got your 400 bucks for the 40, but then you got the half of your 400 dollars divided by how many hours you worked. So 50 hours divided by 400 bucks=8 bucks an hour. Then, you were only given the half of that, so 4 bucks an hour for the ten extra hours you worked. Confused? Everyone was. You should have heard what we called the pay scale...
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