The macro labor market is weak with lots of retailers going out of business (experienced managers looking for jobs would take half of what I make).
Who else is ready for severance vs just coasting and taking the 25 pto +6 holiday=31 paid days off per year, profit sharing match, and bonus?
Imagine getting the top paid MGRs off the books now before the next fiscal year starts.
Create a new position that changes the store manager title and pay...Forcing this change.
The HR data shows store manager vacancy and turnover is already horrendous, so clearly the current system isn't working.
WOW, private equity would make so much profit!