Employee Layaways

We like to encourage our employees to buy and wear the jewelry and watches that we sell. Not only is it good PR out there in the public, it is also one of the benefits that goes along with being a member of this group. To make it even easier for our employees to buy our merchandise, we are now allowing payment plans, aka layaways.

Employees that would like to purchase something from the store but do not want to pay for the item in full can CSW to place the item on layaway. A CSW must be submitted to the COO with all the necessary information and is subject to approval under the employee purchase policy.

The layaway will need to be paid in full by no more than 13 weeks and the payment will be in equal installments through payroll deduction. Also, 10% of the employee price will need to be paid as a deposit at the time of layaway. The length of layaway will be determined by the total price and there will be a limit to how much can be owed to be determined by the CFO. An employee can only have one item on layaway at a time and the item stays in the Inventory Layaway box until paid in full.

Steps for layaway:

• CSW to COO for employee purchase & layaway approval.
• 10% deposit need to be placed on the layaway.
• Payment plan and length of layaway approved by CFO.
• Item stays in layaway box until pain in full.
• 1 layaway item at a time per employee.