Avantages
A lot of the pros with this company have been quietly removed since Satish took the position. Part time employees do earn PTO and have access to health benefits. Employee discount is great except it's being cut in half on a lot of new products with the eventual (probably quiet) reduction on the horizon. Foundation principles were a terrific indicator of the company culture until Satish rewrote them to match his time at Sephora.
Inconvénients
In the last year FT quietly had their time off for birthday and anniversary taken away though it was touted that Satish was giving us another day off in the form of a "free floating holiday" so in truth it was reduced by 1 day. Part time employees quietly had their sick time removed. Having to watch "Keeping up with Satish" every quarter is still a chore, especially when half of it is him talking about how great his life is while his employees are worried if the company will still exist in six months. Did you read your role's description when you were hired? Chances are it's different now, with more work and less compensation. We used to have one giant Elfa sale per year, now with Satish it's every few weeks and always confusing to the customer, who is now trained to wait for them. Training has been drastically reduced. Payroll has been dramatically cut while the workload has risen-like most places you're now expected to do more with less. Company communication is frantic, often last minute and forces you to pivot on a dime. Technological initiatives have been mostly catastrophic, yet the mastermind has been promoted. There are cuts occurring in every sector of the business. Company missed it's 1 billion goal last year yet Satish still moves forward opening new stores. The Preston line is a disaster, especially with so many competitors offering. It's a shame, this company used to really stand out for it's employee first culture and customer focus. Outlook would be that larger format stores will be closed by the end of the year and multiple full-time roles will be merged or disappear completely. The sales have been confusing to customers and corporate offers very little support in the way of properly marketing them. The health of the company can be monitored through the consistent devaluation of the stock price.