A New Jersey company found its way onto a downer of a list Monday: the worst companies to work for in America.According to the website 24/7 Wall Street, Secaucus-based The Children’s Place Inc. was the 10th-worst company in the nation as far as employees were concerned.
In an article, 24/7 Wall Street said it used Glassdoor.com employee review scores to find the companies with the lowest ratings based on at least 300 reviews. Out of more than 500 companies to reach that plateau, only 11 scored the same or worse than Children’s Place’s 2.4 out of 5.
“Generous employee benefits — such as up to 30 percent off including clearance items — contributed to numerous positive reviews for The Children’s Place Inc.,” 24/7 Wall Street wrote. “Such perks, however, did little to offset complaints regarding low pay and difficulties in getting adequate hours. Entry-level sales associates disapproved of training protocols by and large. These protocols include promoting rewards programs and other pushy sales practices when dealing with customers.”
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On top of that low overall score, CEO Jane Elfers earned only a 27 percent approval rating from her own workers.
“Like with many of the companies on this list, the company’s CEO is unpopular,” 24/7 Wall Street said. “According to Glassdoor.com reviews, just over one in four employees approve of the way CEO Jane Elfers is running the company, among the lower approval ratings on Glassdoor.com.”
Five companies on the list “achieved” the same 2.4 mark as Children’s Place. The bottom-rated company, Books-A-Million Inc., earned only a 2.0 out of 5 score overall.
This was the third year 24/7 Wall Street has compiled its list. The 2014 “bottom 11” companies, and their scores:
11. RadioShack Corp. (2.4)
10. The Children’s Place Inc. (2.4)
9. Family Dollar Stores Inc. (2.4)
8. hhgregg Inc. (2.4)
7. ADT Corp. (2.4)
6. Dillard’s Inc. (2.3)
5. Brookdale Senior Living Inc. (2.3)
4. Jos. A. Bank Clothiers Inc. (2.3)
3. Frontier Communications Corp. (2.3)
2. ExpressScripts Holding Co. (2.2)
1. Books-A-Million Inc. (2.0)
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