Friday, January 18, 2019

The Wholefoods Company

At the wholefoods company more or less entree level employees bear $10. 86 on average out. This averages out to about 21,000 a year. This may not seem to be a very same pay scale, but their benefits out ways the pay. With a very drawn-out benefits package wholefoods has effectively been able to entice workers to be a dower of the company. The company offers medical, dental, 401k, personal wellness account, health guard reimbursement, dependent care reimbursement, life insurance, disability insurance, aggroup ingredient stock option plan, police squad member stock purchase plan, team member discounts, team member emergency sharing account, and gain sharing.Having all of these benefits outweighs the pay scale for most employees. They give good effects when promoting in the company as well. Most raise indoors 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. There are many other team lead positions within the organization that all pay close to $14 an hour. Being that there is a team lead position for separately department of whole foods there is room for improvement and growth within the company.Wholefoods can turn into a career for any hard functional employee. One purposed change that the company could make to their pay structure to gain their marketability to the workforce could to be to increase the raise percentage from 1. 5% per annum to 3% annually depending upon productivity. Make the raise structure be ground of productivity the more productive employees will earn 3% rises whereas the non-productive employees scarce get 1%. This change can also prove honest to the company as a motivation tool. (Whole foods market, pay scale and benefits ,2013)

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