RUN!!! Worst company to work for!
Pros
Foundrae is smoke and mirrors. They pretend to be unique and diverse. This couldn't be farther form the truth.
Cons
They pay 1% commission after you have worked for 3 months & sell a certain amount. Luxury retail is all about commission, It's how you survive and make money. 1% Commission is in-line with whole sale accounting. Foundrae is greedy and very offensive that they will not pay employees a normal commission range. Luxury retail commission is typically 4 to 8%. They pay their Dallas employee 3% commission and their LA employees 2% commission. They do not allow their employees to purchase jewelry. You are only allowed to buy up to 5K in retail costs per year. You may only purchase after you had your three month review. You quickly learn that there is very little in the line for 5K retail. They do not allow you to buy gifts for your family. Essentially they do not want their employees buying FoundRae jewelry. When I approached Ruth the CEO, her response was they provide jewelry for employees to while they're working. Another excuse she gave was concern that Jewelry would be sold on The Real Real. So you're working for 1% commission with no health benefits and you're not allowed to buy jewelry. When any celebrity walks in they automatically give them a 40% discount. The culture of this company is so toxic.