Sat, Aug 30, 2014, 6:47 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Walgreen Co. Message Board

  • techtrader97 techtrader97 Jul 9, 2005 12:46 AM Flag

    Walgreens compensation is out of whack.

     

    The entire WAG compensation system is out of whack. I agree the bonuses are screwed up. What on earth does the store manager have to do with Pharmacy sales? Nothing.

    What's more troubling to me, is the way in which pharmacist raises are handed out. Rather than a performance based system where your raise is based on your performance, all pharmacists are given the same % increase each year. If you do a lousy job all year you get the same raise as some who busts it all year. Where is the incentive to work hard? Hello Walgreens Management is anyone home? This is compensation management 101 stuff, why doesn't WAG get it?

    Also the company should be using WAG options (in addition to yearly bonus) to incentive high performing pharmacists in high volume key stores. You can keep that silly Share Walgreens. Hand out option grants to over performing pharmacists in key stores. Options work just as well in pharmacy as they do in business and high tech. Employee loyalty, dedication, and retention. Again basic compensation management 101 stuff.

    Also, when you call a big pharmacist meeting and make people drive 100+ miles to one location, the least you can do is offer them Bagels and Coffee or if the meeting carries over lunch - some Pizza and Soda. This company is so short cited when it comes to the the little things that take care of good employees.

    WAG take care of the employees that are returning the biggest $$$ for the company.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
WAG
60.52+0.05(+0.08%)Aug 29 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.