It’s been a while since GameStop he did not talk about himself. But here is the US video game retailer back in the limelight with another of his oddities. In fact, the company recently announced an “improved compensation” scheme for i older co-workers of its physical stores. So let’s go and see what is the news that will affect GameStop employees.
GameStop: Older store employees will be paid with stock memes
In a memo sent to employees Matt Furlong, GameStop CEO, said: “As we continue to evolve our e-commerce and digital asset offerings, our store base will remain critical to GameStop’s value proposition.” Therefore, there will be “the implementation of an improved compensation model for store leaders“. Apparently, for employees who fill the roles of Assistant Store Leader e Senior Guest Advisers there will be a increase in hourly wages.
Shop leaders, on the other hand, will be paid with stock meme worth $ 21,000, which will add to their regular salary. Additionally, they will have “the opportunity to earn additional compensation each quarter by meeting performance-based equity grant goals.” “The stock compensation associated with this new model is covered by GameStop’s existing stock plan, which has been approved by the shareholders – reads the memo -. The leadership believes the model achieves the dual goal of increasing the pay of each Store Leader and instilling a stronger ownership mentality in the organization. ”
As unusual as it may seem, this time GameStop seems to have wanted to do things right with its employees. It is no coincidence that the reminder comes a few months after the staff of a shop in the Gateway Mall in Lincoln – Nebraska – the store closed because it was overworked and underpaid. And just a month away from mass layoffs at the company headquarters. But GameStop employees will have to contend with Christmas shopping soon. And it’s no wonder society is taking steps to make sure everything goes smoothly. But will it work?