Workers at the iconic music store Guitar Center are seeing their wages slashed and their benefits gutted by none other than Bain Capital.
Bain is using every tool at its disposal to mine every nickel of short term profit it can before it flips the company to the highest bidder -- and that means clawing back workers' hard-earned comissions and insurance. Workers have been fighting internally for better working conditions -- and now they need our support as they go toe-to-toe with management next month.
Sign our petition to Bain Capital to let it know that you support workers’ rights to unionize for a fair workplace!
It’s getting harder and harder to survive for Guitar Center employees, so they have asked the company to sit down and talk about the declining workplace standards. Non-sales workers barely get paid more than minimum wage and rarely get raises, part-time workers don’t receive any health benefits and almost never receive paid sick days or vacation time. And sales staff have had their commissions slashed -- meaning that it is becoming nearly impossible to survive on salaries as low as $7.25 per hour.
But employees are coming together to address these problems. They are organizing with the Retail, Wholesale and Department Store Union and asking the company to recognize their union and negotiate for a fair contract.
Bain Capital bought Guitar Center in 2007 and now the private equity firm is slashing wages and benefits and at the same time is expecting more from employees. Mandatory sales targets are increasing and employees are being forced to do more and more non-sales work making it even harder to reach these new targets. Unless employees sell enough extended warranties to customers, their commissions take a hit.
Sign our petition to Bain Capital and demand that it treat Guitar Center workers fairly.
Guitar Center continues to ignore workers' concerns and has gone so far as to force its employees into meetings designed to intimidate them into not joining a union. But, workers are fighting back against this oppressive behavior.
Bain Capital was co-founded by Mitt Romney. The venture capital firm is known for purchasing companies, selling off any productive assets at the same time as squeezing every last penny out of workers. When it is done the remaining scraps are sold off to the highest bidder and Bain moves on to their next victim.
With Bain Capital's track record, the workers need us to have their backs. Let Bain Capital know you support their rights to come together for a fair workplace.