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Nov 22, 2009 | Posted by: The Muckraker
THE HUMANITY!!!!!
In the bizarre world of corporate greed and selfishness that has come to define our times, Robert Niblock saw his income go UP 11% at the same time Lowe's income fell by 22% and our economy teters on the brink of a depression.
The top brass at Lowes were fully aware that 2008 would be a disaster so they decided to base their pay on easily achievable low-ball targets.
$6.6 million AND a private Jet Mr. Niblock made $6.6 Million Dollars last year while employees were laid off and their stock price fell through the floor. To add insult to injury, private Jets are mandated in his contract for safety, health and security reasons. Just like the Auto Industry, Lowes has yet to figure out that its executives can fly first class at a fraction of the price and save thousands of jobs a year for hard working people who are the back-bone of the company.
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Cordoba, Argentina |
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Judged: 4 3 3 "All the rest of the posts on here about it is just useless troll drama. Who cares? Seriously... you have nothing better to do?" OMG!!! THANK YOU for the biggest belly laugh of my day, Bunker!! This is one for the books, Franky ...still laughing so hard I want to puke... |
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Judged: 3 3 3 |
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Cordoba, Argentina |
Judged: 3 3 3 I wonder if they'd share. Unless of course it is already available as a public record. Thanks for the tip, Bunks |
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Judged: 3 And that's the truth. |
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Judged: 3 3 2 The Log-in is: DYNXIPKZ and the password is: Lowe's. Happy reading. Patty Romansky |
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Judged: 2 1 1 Patty: I've come to the conclusion that you're just plain goofy. |
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Judged: 3 2 2 |
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Judged: 3 3 2 No, Welfare created mentalities, no secure border and government corruption are what is destroying this country. Corporations are suppose to be greedy (make as much profit as possible), it's how capitalism works dumb ass. |
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United States |
Judged: 5 4 3 |
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Judged: 6 4 4 The economy will hurt it for awhile, but they are big enough to weather the storm. I just hope my umbrella is big enough. |
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United States |
Judged: 5 3 3 Let's see who's right! It's not going to be you! Bye-Bye Blowes! |
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AOL |
Judged: 2 1 1 http://lowdownloweshomecentersinc.blogspot.co... |
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AOL |
Judged: 1 1 1 See http://www.topix.com/forum/albuquerque/TAMV9N... and http://lowdownloweshomecentersinc.blogspot.co... |
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United States |
Judged: 2 2 2 I think Frank must be back in town! Welcome back buddy! Good to see you again! |
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“Trmptd Failures,Unhrld Success” Since: Mar 11
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Judged: 1 1 1 Thank you! Don't let the trolls and Lowe's Lackeys get you down! http://lowdownloweshomecentersinc.blogspot.co... http://www.topix.com/forum/albuquerque/TAMV9N... http:www.pissedconsumer.com/sh opping-at-lowe-s-3a-hazardous- to-your-health-20110910261033. html |
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Since: Feb 11
Location hidden |
Judged: 1 As I have said earlier-my SSEI bonus this last quarter was $150, their bonus last year was what % of their normal salary (100%??) and what % is $150 when you make $10/hour. Let's see,$10/hr x 40 hrs =$400/wk x 12 wks (1 qtr)=$4,800.$150 is about 3% of my salary before taxes. The pay for executives compared to their underlings is way out of whack. And for those of you who say, "get promoted", to what? There is virtually no movement in stores (unless you consider the part time seasonal going to full time or dept transfers). If they take away some dept mgrs (like is the rumor) and reduced the number of ASM's...where is that opportunity to move up? One of the questions on the infamous survey was, "do you feel Lowes utilizes your talents",(or something to that affect). Answer---NO. There are many people who are way more qualified to be managers because of their past experiences but you get passed over for the young buck who has only worked at Lowes and sometimes in ONE dept. No management experience, little real life experience outside of Lowes but who gets promoted? Young people out of the good ole boys club...drinking buddies. Listen to the customers-what do they say about Lowes? "Can't find anybody, or they don't know anything about the dept they are in much less in dept where they have taken the customer, but we hire more red vests last year at what,$8-10/hour? You won't attract too many knowledgeable people at that salary and bonus. Hopefully lots of people fill out that survey and answer the questions truthfully, "do you feel you are making enough money? How likely are you to leave? Do you feel your management gives you the tools to do your job etc." No, I am not making enough money, I am very likely to leave if I can find a better job(anything over $10 is a raise) and no, management is doing a lousy job giving you the tools to do your job. And, hopefully management will look at those answers and make necessary adjustments. I won't hold my breath though. |
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United States |
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