Wednesday, July 17, 2019
The Wholefoods Company
At the wholefoods social club most entry take employees work out $10. 86 on average. This averages turn reveal to about 21,000 a year. This may not seem to be a very comparable pay scale, but their benefits out counsels the pay. With a very extensive benefits package wholefoods has effectively been able to coax workers to be a part of the alliance. The comp whatsoever offers medical, dental, 401k, personal wellness account, health feel for reimbursement, dependent care reimbursement, life insurance, stultification insurance, team fraction stock preference plan, team member stock purchase plan, team member discounts, team member emergency sharing account, and gain sharing.Having totally of these benefits outweighs the pay scale for most employees. They hand good shake ups when promoting in the company as well. Most raise deep down the company are stuffy to 1. 5%. The finis of employees in wholefoods would be to work their way up the chain of command to bear more money. Store team leads within this company on average make $60, 171 a year. There are many another(prenominal) other team lead positions within the organization that all pay close to $14 an hour. Being that there is a team lead position for to each one department of whole foods there is elbow room for im ejectment and growth within the company.Wholefoods puke turn into a career for any hard working employee. One purposed qualify that the company could make to their pay mental synthesis to accession their marketability to the workforce could to be to increase the raise percentage from 1. 5% annually to 3% annually depending upon productiveness. Make the raise structure be based of productivity the more productive employees will shed light on 3% rises whereas the non-productive employees only get 1%. This change can also prove beneficial to the company as a motivation tool. (Whole foods market, pay scale and benefits ,2013)
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