Canadian Tire Employee Reviews about "profit sharing"

Pros

Profit sharing, benefits and company discount.

Cons

Large workforce means lots of people vying for senior positions.

Advice to Management

Lots of long term employees whose value is questionable.

Pros

I worked at CTC for ab 2 years. Work environment is healthy (unless you choose to associate yourself with the 5 chronic complainers who think they should get paid 100k for answering emails and being able to use vlookup). Everyone is welcoming and helpful. CTC has a lot of resources for new hires to get help when needed. Most of the processes are well documented, there are many reports that help you do your job well.... Management is very supportive. Work hours are flexible, you have the ability to work from home 1day/wk. Great benefits and perks such as sample sales, subsidized breakfast and lunch, free coffee and tea, 2k a year for education. The pay is adequate to your duties. All you need to do your job well is some basic communication, excel and access knowledge (although many RAs have no idea how to use Access), and common sense. The learning curve is a bit long but once you learn your job, it is not stressful as long as you understand your role in a team. Merch AVPs were great. supply chain AVP/VP probably did not know who I was, access to them was nonexistent, and if you did want to meet them it was on you to facilitate that and if it is your 1st or 2nd job out of university the chance is that you won't. I would suggest that SC AVP/VP make more of an effort to connect with their analysts. No bonus, instead you get profit sharing in April. Overall I appreciated my experience at CTC. It was a great entry level position, taught me a lot of soft skills and I would not mind returning to CTC in a more senior position.

Cons

Managers had no team budget and would often pay for team events with their personal funds. To me this is unacceptable and a budget should be created to address this issue. RAs are locked in their positions for two years before they are allowed to move internally. You should recognize great employees and help them grow by making exceptions for them and letting them move on before the 2 years is up. It takes a... long time to get promoted Low raises

Advice to Management

Keep being supportive.

Pros

Profit Sharing, True Canadian Company

Cons

Very dispersed teams, moderate politics

Pros

-Profit Sharing -Health and Dental Benefits -Generous yearly education allowance

Cons

Physical Workspace: -Reoccuring problem with mice throughout the office building that management did not take seriously Work Culture: -Non existent onboarding process -Non institutional benefits like working from home, team outings, building-wide celebrations can/have be/been cut indefinitely on a whim -Not much control over the amount of work or type of projects assigned to you -Management does not take... steps to remedy over 100% allocation for months on end as long as the work is getting done. Leads to low morale and burnout. -Seems to be a culture chasm between older employees with less advanced education that have been sitting in the same role for years, and younger employees that have advanced education credentials that are looking to do a bit more than the minimum -Employees, especially new employees, are pressured to shell out cash for events such as gifts for departing employees, holiday gift exchanges, baby showers, sometimes birthdays. If these events are important, stop pressuring folks, get a budget, and stop passing around the collection hat. -Bureaucratic -Prioritizing office politics -"Blamestorming" culture -Zero contact with senior management unless you are directly involved in one of their projects Career/Personal Development -Little support from management in advancing one's career. There is a feeling of spinning one's wheels when using the education allowance on professional development -High employee turnover -Could make more efforts to hire from within Compensation: -Pay increases typically do not keep pace with inflation. Meaning, new hires, in some cases co-ops, will make considerably more than an employee with the same title who has been in the same role for 2+ years. The reward for being an employee with experience is to having to see if Uber is hiring! Unless you are a star-track employee, in which case those folks make more than double the salary of others that are on the same team as them.

Advice to Management

Senior Management: Take a break from the boys club and meet your regular, awesome, hardworking employees every now and again. Management: In my experience, some managers are very dialed in. Unfortunately, others seem to have little knowledge of what work each person actually does, and why they do it. Employees are used as pawns to catapult their manager into senior ranks, leaving no clear distinction between... advancing the companies goals, and padding your manager's resume. To everyone: Compensate folks fairly.

Pros

Dicount discount and profit sharing

Cons

Stress stress stress stress stress

Pros

employee benefits, corporate wide discounts across multiple banners, profit sharing, stock purchase program. Good wage mobility and career potential in certain areas.

Cons

Chaotic/Stressful environment at operations level. Outdated/partially integrated technologies disrupt order management systems. Organizational inertia.

Advice to Management

the modern workforce demographic has changed substantially in the past decade and management would do well to abandon outdated metrics of employee vs. productivity.

Pros

Fast moving, great products, great place to work, co-workers feel like family. Awesome profit sharing plan, 10% discount and sale price. Owners are great leaders.

Cons

Discount could be more, pay, no dental/health plan

Advice to Management

More pay

Pros

they have a good profit sharing plan

Cons

the wages could be better