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Select Comfort – “Tough to work for a struggling company”
Pros
Relaxed work atmosphere and a great product. Ability to get out and make connections within the community and do a lot of event coordinating.
Cons
Little to no advancement opportunities. Struggling company that may or may not make it through the recession - in the meantime, look for your pay to be cut repeatedly. Frustrating lack of adaptation to the current marketplace. Decreased quality control means increased return rates and customer service issues. Pay structure for managment is counter productive in the curent bonus structure format. Hit less than 80% of your budget, get $0. No bonuses past 100% budget. So, if you're not going to be able to hit 80%, pack it in for next month. If you're already at 100%, pack it in for next month. That's not a productive pay structure - for the employee or the company.
Advice to Senior Management
Focus on more and better product marketing.