A traditional retailer trying to find its place in the 21st century
Manager (Current Employee) – Toronto, ON – 10 March 2019
Canadian Tire is a good place to begin your career and, for some, to remain for the long haul. You have an average salary but some great benefits and bonuses if you move to a managerial position or higher. The lack of clear meritocratic culture creates a higher turnover especially with high potential candidates. There is a lot of rigidity with organizational structure that dampens the enthusiasm of those who truly want to advance rapidly. There is also a lot of compartmentalization in the firm which by definition creates confusion on mandates and redundancy of work at times.
Canadian Tire business model is unique in retail as it relies on a network of Dealers across Canada. Profit & risk sharing between the Corporate and the Dealers has been the hallmark of this Canadian stalwart for decades hence making it very risk averse to changes. This resistance to change is a common place within Canadian Tire work culture.
Yet, there is a desire of late to diversify the portfolio of the Canadian Tire Corporate (i.e. a series of acquisitions that attempts mitigate future risk). There is also a desire to make Canadian Tire more brand driven than product focus. As you would expect, these changes are slow and will take time. Most of the old guard are from the traditional merchandising-driven world making the transition even slower.
A good place to begin your career. Work life balance is encouraged. Free tea & coffee!
Slow to change. Average salaries. lack of meritocratic culture. slow rise in the corporate ladder.