GameStop utilizes an employee discount program as part of its overall compensation package. This perk allows staff members to purchase merchandise at reduced prices, fostering product knowledge and engagement with the company’s inventory. Understanding the specifics, limitations, and rules of this discount is important for anyone considering employment.
The Employee Discount Policy at GameStop
The employee discount policy applies to both part-time and full-time associates. To qualify, new hires typically complete a short introductory period, often one week of continuous employment. During peak holiday seasons, this qualification period may be extended to approximately 30 days.
Once eligible, employees receive a price reduction on most merchandise. This benefit is personal, applying only to items purchased for the staff member’s own use. The discount is automatically applied at the point of sale using the employee’s unique identification number.
Specific Discount Percentages by Product Category
The general employee discount applied to most eligible items is 15% off the retail price. This reduction covers a wide range of inventory, including newly released video games and various gaming peripherals like headsets and controllers.
The discount structure provides greater savings in specific areas. Pre-owned video games and accessories frequently receive an additional discount on top of the base percentage. This greater reduction on used inventory incentivizes employees to utilize the company’s trade-in programs.
Apparel, collectibles, and toys often benefit from a higher discount rate. Employees can frequently see up to 20% off these categories. Furthermore, employees receive an enhanced trade-in credit when they exchange used games, consoles, or accessories, typically receiving an extra 10% to 15% in trade value.
Restrictions on Employee Purchases and Policy Rules
The employee discount is subject to limitations designed to prevent misuse and protect inventory availability. A restriction is the exclusion of all new console hardware, such as PlayStation, Xbox, and Nintendo Switch systems. This exclusion applies because these high-demand items are often sold at low margins or are subject to limited stock.
The discount also does not apply to digital purchases, including downloadable content (DLC), digital game codes, or gift cards. Employees cannot combine their discount with most other in-store promotions, sales, or clearance prices; they must choose the greater of the two savings.
Company policy prohibits employees from purchasing discounted items for reselling them for profit. Employees are also not permitted to use their discount to buy items for friends or family members. These rules ensure the perk remains a benefit for the employee only.
Other Benefits and Compensation for GameStop Employees
Beyond merchandise discounts, GameStop offers a package of corporate benefits, though availability depends on an employee’s status (part-time or full-time). Full-time associates are eligible for health insurance options, including medical, dental, and vision coverage. These plans often utilize high-deductible structures, allowing for the use of tax-advantaged accounts like Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs).
The company provides access to a 401(k) retirement savings plan, enabling employees to contribute a portion of their wages. While the company has previously offered a matching contribution, the availability of this benefit can change based on corporate policy. Paid time off (PTO) and sick leave are accrued, providing compensation for time away from work.
Employees in management or executive roles may be eligible for equity compensation, such as Restricted Stock Units (RSUs), to incentivize long-term performance. Additionally, staff members receive a complimentary GameStop Pro membership, which includes benefits such as a monthly reward coupon and a percentage back in rewards points on purchases.