Canadian Tire is a retail powerhouse, and
it is also a great place to work. There are many divisions in the company from
retail stores to distribution centers to their Head Office. I’ll focus mainly on their Head Office in
this post. It’s a tough interview process to get in, but once you’re in, you’ll
want to stay there!
Their Head Office is located at Yonge and
Eglinton in Toronto, a great location when it comes to getting to work via
public transit. It’s also a bustling intersection with many places to go out
with your work mates for a casual lunch or after work drink. There is a great
atmosphere in their HO with everyone being close to the same age, meaning lots
of comrade. CT likes to encourage team
lunches and events (like bowling for example) to promote a positive attitude
and happiness in the workplace. They also like to have a full afternoon outside
of the office for team activities twice a year. CT has a lot of events to boost
their Jumpstart charity like raffles,
dress down day, BBQ day, Ice Cream day, etc. – all money raised goes to
Jumpstart charity. They even have VP smoothie day – you buy a smoothie from
your favourite VP and money is donated.
Another great aspect of working for CT is
the stock options. Employees can use up to 10% of their paycheck to buy CTC
shares, and at the end of the year, CT matches half your contribution. For
example, if you purchase $4,000 worth of stock, then CT will match $2,000. You
can then choose what to do with that money like put it into RRSP’s, take it out
as cash, etc.
Who doesn’t love their time off? CT allows
vacation to be carried over for 10 months into the next year. This means that
if you have 3 weeks’ vacation and you didn’t use one, you can carry it over
until October of the following year essentially giving you 4 weeks off in that
year. It’s a great flexibility to have when it comes to planning major life
events like a wedding! CT also gives their HO employees the afternoon off every
Friday of a long weekend so they can get started early. Small things like this
really go a long way in boosting employee morale and loyalty to the company. And
of course, if it’s needed, you are allowed to work from home occasionally which
is helpful if you live far away or if there is inclement weather that prevents
you from getting to work and you don’t want to lose a day.
One of the most important aspects of
working for CT is how the managers spend a lot of time with the employees on
career progression. They believe it’s always better to promote from within and
want their employees to be happy in their position. They like to work with you
get to where you want to be by helping
you develop skills and by offering free in-house classes like Excel, Access,
etc. They even have classes such as “Business Writing 101” or “How to be
a Skilled Presenter”. These courses are pricy ($500+) but company will
pay for it. It’s nice to work for a company that is truly invested in your
future.
Canadian Tire cares
about its employees and understands that a happy employee works harder for
their company. How do these benefits of working for CT compare to what your place of employment has to offer?
Many thanks to the Canadian Tire employees interviewed for this post.
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