Working at Nordstrom not only means being a part of a leading fashion retailer but also enjoying a range of benefits, one of the most coveted being the Nordstrom Employee Discount. In this article, we’ll delve into the details of this fantastic perk that Nordstrom employees enjoy.
What Is Nordstrom Employee Discount
The employee discount offered by Nordstrom depends on the level of employment and it ranges from 20%-33%. For regular employees or associates the discount is 20% and for the managers it’s 33%. This discount is also applicable to the items on sales promotion, which allow great savings for the employees. At Nordstrom Rack all the employees get a 20% discount. During special times like Christmas holidays the employee discounts are bumped up for a short period. To reward performance, an employee of the month gets a 33% discount. Apart from Gift Cards, Nordstrom employee discounts are applicable on all the merchandise. Food service employees enjoy a 50% discount on the cafe and ebar. According to Glassdoor benefits review, 1,613 current and former employees reported this benefit.
Who is Eligible for the Employee Discount?
You need to have received your first paycheck and have an employee number to be eligible for the discount program. The first paycheck requirement is for preventing people from joining the organisation only for the discounts and quitting in no time. Both part-time and full-time employees are eligible for the discount program. Managers and associates qualify for the discount program, though they differ in rates. The employee discounts are a way of appreciating and motivating all the organisation’s employees.
How To Use Nordstrom Employee Discount
Nordstrom employee discounts work for both instore and online purchasing. If you are buying online, use the following steps:
- Sign-in first
- Select you purchase and proceed to checkout
- Provide the shipping address and shipping method
- Proceed to the payment section
- Click Apply a promotion code
- Type Employee in the promotion code
- Provide your employee number
- Select your discount
The online employee purchases can only be paid with a Nordstrom credit card, Nordstrom debit card, Nordstrom Visa card or Nordstrom Gift card.
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Are There Any Restrictions?
Except the Gift Cards, all the merchandise at Nordstrom is available for employee discount. Employees have a chance of buying their favourite brands at reduced prices
Are Family Members Eligible
The employee discounts can be extended to the spouse and family members under the age of 25 who live with the employee.
Why is the Nordstrom Employee Discount Valuable?
The Nordstrom Employee Discount goes beyond just saving money. It fosters a sense of belonging and loyalty among employees. Knowing that their employer values them not only as professionals but also as customers, enhances the overall work experience. It also allows employees to stay up-to-date with the latest fashion trends without breaking the bank, a significant advantage in the retail industry.
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Other Nordstrom Employee Benefits
Nordstrom is of the firm belief that great customer experience begins with an environment that supports employees. Through its several benefits, it strives to achieve great employee experience. The benefits seek to support employees’ physical, emotional and financial wellbeing. Nordstrom offers competitive benefits for all the jobs. The design of these benefits is informed by market data. Here are some of the benefits offered:
Medical/Vision and Dental Plan
On average Nordstrom provides 70% of the premiums, with the remaining being deducted from the employee’s pre-tax paycheck. The medical plans cover the employee and their eligible dependants. Employees become eligible for coverage on the 1st of the month following their joining of the organisation. Notification of enrollment is sent by email when one becomes eligible.
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Paid Time Off
Paid Time Off at Nordstrom provides employees with a degree of flexibility to be able to take time away from work and focus on other personal and family needs. Full-time employees start accruing PTO on their date of hire. Variable hourly employees will begin to accrue PTO after 6 months of employment. The number of accrued Paid Time Off is dependent on the length of employment and hours worked during each pay period. For 14.42 hours worked an hour of PTO is accrued and a total of 18 days or 144 hrs is accrued every year. Under the PTO Exchange, employees can share their Paid Time Off balance with co-workers or give it to causes of their choice. For qualified non-profits, Nordstrom matches these donations. Employees can also save up to 40 hours/year that can be used as pay while on Sabbatical Leave. One will be eligible for this after 5 years of service.
Employee Stock Purchase Plan
Employees have a chance of contributing up to 15% of their pay to purchase Nordstrom stock at 10% discount. Upon eligibility an employee will receive an enrollment email. The ownership of company stock breeds a sense of ownership that can result in more employee commitment and engagement. Enrollment is done twice a year from Feb 15 – Mar 15 and Aug 15 – Sep 15. The purchases are made twice a year on March 31 and September 30.
Related: SALESFORCE EMPLOYEE BENEFITS
Adoption Financial Assistance
Nordstrom employees are eligible for a $2,000 reimbursement on expenses incurred on each attempted or successful adoption. There is a lifetime value of $8,000.
Other Benefits Are:
- 401(k) Retirement Plan
- Bereavement Leave
- Jury Duty Pay
- Paid Parental Leave
- Short Term Disability Benefits
- Long Term Disability Benefits
- Student Loan Refinancing and Personal Loans
- Commuter Expenses
- Basic Life Insurance
- Supplemental Life Insurance
- Commuter Expenses
Conclusion
Nordstrom employees have access to its merchandise at affordable prices through the employee discount program. The discounts apply to both part-time and full-time employees, however they differ on the basis of employment level. Employee discounts demonstrate Nordstrom’s commitment to recognizing and rewarding employees. This help in fostering employee motivation and engagement.