Macy’s is a name very popular to everyone. Their name defines quality itself and has evolved overtime to meeting consumer demands and customer satisfaction at the same time. Macy’s have 800 stores nationwide and showing that it moves with the current trend, they have 300 eSpot ZoomShops that offer consumer electronic products. The company has 2 headquarters located in Cincinnati, Ohio and one in New York, New York.
A Macy’s manager should make sure that operations on a daily basis go really well. The manager should check the inventory and make sure that the stocks are replenished. Everything that happens within the store should be reported to the upper management. This includes reporting about sales report, restocking of supplies and employee conditions.
Every company puts customer satisfaction on a pedestal and this is true for Macy’s. Disputes are handled professionally and timely resolution should be provided every time. Any request for a replacement item should be attended with urgency. Moreover, managers need to make sure that the store offers real value for customers.
Group Sales Manager
- Salary: A group sales manager can provide the employee an annual salary that range from $38,000 to $65,000. Any experience in related field can boost the consideration for a higher pay.
- Bonuses: A cash bonus that starts from $1,000 to $6,000 is given to qualified employees.
- Profit Sharing: Profit sharing is not considered by Macy’s for this position.
- Stock Options: Stock Options are also not part of the salary package Macy’s is offering its employees.
Manager
- Salary: The average salary of a manager still depends on experience; they can get between $20,000 and $70,000.
- Bonuses: The company provides its employee cash bonuses that amounts to $2,000.
- Profit Sharing: Profit sharing is currently not being provided by the company to its employees.
- Stock Options: Stock options are generally not considered by Macy’s.
Sales Manager
- Salary: Sales managers are able to get $37,000 to $50,000 worth of annual salary depending on their experience.
- Bonuses: This position cannot provide additional cash bonus to the employee.
- Profit Sharing: Profit sharing is also an option not given to the employees.
- Stock Options: There are no stock options an employee can gain if they have this position.
Merchandise Team Manager
- Salary: The biggest amount this position can offer annually is $48,000. Otherwise employees will get the minimum $46,000.
- Bonuses: Merchandise team managers are entitled to get bonuses that amount to $3,600.
- Profit Sharing: Only cash bonus is provided by the company and sharing of profits is not considered.
- Stock Options: Stock options are generally not provided by Macy’s.
Project Manager
- Salary: A project manager gets a very good pay that can be between $60,000 and $118,000. Experience plays a factor to be considered for a higher pay.
- Bonuses: Project managers also get cash bonus that amounts from $9,648 to $10,000.
- Profit Sharing: Basic pay and cash bonus is provided but profit sharing will not be an option.
- Stock Options: There are no options to obtain stocks available for this position.