Tiffany & Co. reviews

LVMH is making it harder to work for what used to be a great company. They’ve cut quarterly bonuses, vacation pay, and capped hourly pay so that even if you are exceeding your sales plan you will not get a raise. They stopped giving yearly recognition awards for top producers — imagine a sales job where you are selling 1M+ with zero annual incentive for hitting certain milestones. They are asking more and more of CA’s in terms of clienteling, prospecting, and reporting, and paying less. The same goes for management. They are being pushed so hard that the stress is palpable. Work/life balance has become a “dirty” phrase and managers are expected to be available 24/7, even on vacation. On top of that, the CEO LVMH installed was fired from Tiffany for being a racist in 2014. There was a lawsuit to back this up.

There is so much turnover it is hard to feel included or know who does what.The organization is doing an ok job trying to engage employees. Unfortunately many of the programs and resources feel proformative. We are under staffed which makes it impossible to do your best work. Teams are working literally around the clock. Leadership does not have work life balance and forces that on their employees. They say one thing and do another. Calling, texting, teams non stop. The employees are stretched them and many people are experiencing mental health crisis. The feedback is falling on deaf ears. In additon, new hires are being hired at substantial pay increases. Diversity in leadership is non existed and proformative outward programs diminishes any good work the internal teams accomplish. There are no succession plans when tenor employees leave and unfortunately new employees lack proper onboarding. This is not a receipe for success. I am wondering why would the new and gifted talent want to work here. It's hard to change the culture if leadership does not tackle the real challenges.