My observations:
1.) Last year, the starting pay on BP Consumer Audits was reduced from $18 per audit, to $15 before being put back to $18. This was despite it having the start pay being set at $18 for many years prior, and that starting pay being something that the mystery shop company could easily pay shoppers with no financial hardship whatsoever.
2.) There was also the offer of "swag" for doing shops that was made. The more you did, the greater your chances of winning "swag" through some sort of lottery system. The idea being that if shoppers could be duped into working for less through "swag" then why offer them incentive or bonus pay. Seemingly this idea didn't gain a lot of traction though.
3.) During previous years for Quarter 2 of the year, which would typically be around summer time, there would be the BP Consumer Audits, and the BP Visual Standard Audits. Both of these audits had a starting pay of $18 each. So if you did both of these you could make $36 per BP location starting out. Now those audits were separate, but you could do them back to back, and make $36 per location. Some people even tried doing both audits at the same time since the photo requirements of both audits were very similar. Of course, they were later told they couldn't do that. Why? Because - well, really no good reason.
Now, you can do that though, but starting pay isn't $36 per location to do that, it's $28 per location. So if we do the math on that, it's about a 22% reduction in shopper pay right off the bat for the MSC's quarter 2 expenses regardless of how you were doing them. And this doesn't even take into account by how much they will further reduce expenses by one - not having that many remaining locations that will need bonuses later on, and two - significantly reducing the bonus amounts offered on those remaining locations. So a reasonable person could conclude that a 22% reduction in pay is only the tip of the iceberg as that's just a starting pay reduction. That's not even looking at the bonus pay reduction, which is also a factor in a shopper's overall pay.
4.) Both the MSC and BP's stock price keeps going up, and up. If you look up their one year stock charts, you'll see a stock price, that like with just about any other stock chart, dips and peaks here and there, but overall, would appear to be trending upward. How could this be?
Question:
Anyone else notice or paying attention to these things? What do you think is going on here? Just curious.
1.) Last year, the starting pay on BP Consumer Audits was reduced from $18 per audit, to $15 before being put back to $18. This was despite it having the start pay being set at $18 for many years prior, and that starting pay being something that the mystery shop company could easily pay shoppers with no financial hardship whatsoever.
2.) There was also the offer of "swag" for doing shops that was made. The more you did, the greater your chances of winning "swag" through some sort of lottery system. The idea being that if shoppers could be duped into working for less through "swag" then why offer them incentive or bonus pay. Seemingly this idea didn't gain a lot of traction though.
3.) During previous years for Quarter 2 of the year, which would typically be around summer time, there would be the BP Consumer Audits, and the BP Visual Standard Audits. Both of these audits had a starting pay of $18 each. So if you did both of these you could make $36 per BP location starting out. Now those audits were separate, but you could do them back to back, and make $36 per location. Some people even tried doing both audits at the same time since the photo requirements of both audits were very similar. Of course, they were later told they couldn't do that. Why? Because - well, really no good reason.
Now, you can do that though, but starting pay isn't $36 per location to do that, it's $28 per location. So if we do the math on that, it's about a 22% reduction in shopper pay right off the bat for the MSC's quarter 2 expenses regardless of how you were doing them. And this doesn't even take into account by how much they will further reduce expenses by one - not having that many remaining locations that will need bonuses later on, and two - significantly reducing the bonus amounts offered on those remaining locations. So a reasonable person could conclude that a 22% reduction in pay is only the tip of the iceberg as that's just a starting pay reduction. That's not even looking at the bonus pay reduction, which is also a factor in a shopper's overall pay.
4.) Both the MSC and BP's stock price keeps going up, and up. If you look up their one year stock charts, you'll see a stock price, that like with just about any other stock chart, dips and peaks here and there, but overall, would appear to be trending upward. How could this be?
Question:
Anyone else notice or paying attention to these things? What do you think is going on here? Just curious.