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Thursday, March 7, 2019

The Wholefoods Company

At the wholefoods lodge most entry level employees make $10. 86 on average. This averages out(a) to about 21,000 a year. This may not front to be a very compar equal pay scale, but their benefits out elbow rooms the pay. With a very extensive benefits package wholefoods has effectively been able to entice workers to be a part of the company. The company offers medical, dental, 401k, personal wellness account, health c be reimbursement, dependent care reimbursement, life insurance, disability insurance, aggroup member stock option plan, police squad member stock secure plan, team member discounts, team member emergency sharing account, and form sharing.Having all of these benefits outweighs the pay scale for most employees. They give good raises when promoting in the company as well. Most raise within the company are close to 1. 5%. The goal of employees in wholefoods would be to work their way up the chain of command to make more money. Store team leads within this company on average make $60, 171 a year. thither are many other team lead positions within the institution that all pay close to $14 an hour. Being that in that location is a team lead position for each department of whole foods there is room for improvement and growth within the company.Wholefoods can turn into a career for any hard working employee. One purposed exchange that the company could make to their pay structure to addition their marketability to the workforce could to be to increase the raise percentage from 1. 5% annually to 3% annually depending upon productivity. take aim the raise structure be based of productivity the more cultivable employees will earn 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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