reply to the students’ response and not the question in 150 words minimum and provide 1 reference. Respond to the students response as though you are talking to them, use name
question-post portforlio and why you choose your postion and work
student response
COLLAPSE
Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2018 revenues of $15.0 billion. Currently, the Company operates Ross Dress for Less® (“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,550 locations in 39 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also currently operates 260 dd’s DISCOUNTS® in 19 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Ross was founded in 1982 and has a focus on bringing their customers a constant stream of high-quality department and specialty store brands at extraordinary savings a.k.a bargains, while providing an easy, fun and organized shopping experience (Ross Stores Inc. About Us, n.d.).
Barbara Rentler, Chief Executive Officer for Ross states “Ross is committed to creating value for their Associates and communities and doing so with a high level of ethics and integrity. In addition to fulfilling their mission of offering customers the best name-brand bargains possible, Ross aims to empower their Associates, operate in ways that reduce their environmental impact, and give back to the communities where they conduct business” (Ross Stores Inc. Corporate Responsibility, n.d.).
I decided to complete my Compensation Portfolio on Ross Stores Inc.. As a former Store Manager of Ross, I wanted to take a deeper look into the compensation and performance pay structure from the other side. My goal is to one day work in Human Resource in the Retail industry. Retail management was my career for about 15+ years and I’ve always wondered how compensation was determined. Recently, Ross has changed their compensation packages and I would like to research what was the reason for the change after so many years and how it affected their low-cost strategy. I have selected to review the retail store managers and sales positions.
Ross Stores, Inc. (n.d.). About Us – Ross Stores, Inc. Retrieved from
https://www.rossstores.com/about-us
overview. (n.d.). Retrieved from
https://investors.rossstores.com/
Ross Stores, Inc. Corporate Social Responsibility Retrieved from
https://corp.rossstores.com/media/53058/ross_csr_overview_2019
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