Thursday, November 21, 2013

How to destroy a Middle Class in a few easy steps.

TUESDAY OCT 22, 2013 2:50 PM
BY MICHELLE CHEN

...Since Bain took over (click here) in 2007, workers say, labor conditions on the sales floor have eroded under a pay structure based on commissions. According to employees, because base pay has started as low as $7.25 an hour, often without paid vacation or sick days, these commissions constitute a major portion of workers’ income. But this commission on sales kicks in only after reaching a certain minimum threshold—a system known as "fading." Another major frustration for workers has been a lack of autonomy; they say non-sales duties that the Bain management has heaped on them detract from cultivating sales clients. Moreover, a relatively flat wage structure means workers who work their way up the management chain do not receive comparable pay increases....