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posted by cmn32480 on Saturday May 16 2015, @03:30PM   Printer-friendly
from the happy-employees-make-happy-customers dept.

Wegmans is a family-owned grocery store chain. NYTimes noted it can actually claim a "cult following".

The Center for American Progress reports

It manages to have a huge selection while offering prices that can compete with Walmart, but that it does it while treating its employees well.

The perks start with pay, which for hourly store employees is a little more than $33,000 a year on average. By contrast, Walmart has admitted that more than half of its employees make less than $25,000 a year.

[...]but that's not what makes the company famous for employee satisfaction, landing it on Fortune's 100 Best Companies to Work For list every year since the list began. It also offers generous benefits. It pays about 85 percent of the costs of health care coverage, including dental, for its full-time employees and offers insurance to part-time workers who put in 30 hours a week. It offers 401(k) plans with a salary match of up to 3 percent of an employee's contribution.

And it has a scholarship program[...]

Wegmans also offers more work/life balance than most retail jobs.[...]

These benefits aren't just altruistic. The company generates $7.1 billion in revenue and is profitable. "When you think about employees first, the bottom line is better," the company's vice-president for human resources has said. The company boasts a 5 percent turnover rate among full-time employees, compared to a 27 percent[paywall] rate for the industry. That comes with a cost, as it often eats up about 20 percent of a worker's salary to replace him.

 
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  • (Score: 2) by carguy on Sunday May 17 2015, @05:07AM

    by carguy (568) Subscriber Badge on Sunday May 17 2015, @05:07AM (#183962)

    Hey, we might be neighbors in WNY? I live between two Wegmans and am very happy about that. There is a Tops grocery store that is even closer, but they only win for a few specific items (and often Wegmans has lower price on the same item).

    My in-laws (from midwest) were amazed when we took them to our local Wegmans, nothing close in their area although they have plenty of choices of grocery stores. For just one example, if you like OJ, one of the Wegmans has a juicer right in the store and while it's not cheap, it is about as fresh as you can get.

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  • (Score: 2) by NCommander on Sunday May 17 2015, @06:44PM

    by NCommander (2) Subscriber Badge <michael@casadevall.pro> on Sunday May 17 2015, @06:44PM (#184137) Homepage Journal

    If you're out here, sounds like you're between the two wegmans in Henrietta, NY. I was here when the superwegmans was being built, then left shortly afterward. I was a firefighter at the time and got a tour of the under-construction building and even saw the bell tower :)

    --
    Still always moving
    • (Score: 2) by carguy on Monday May 18 2015, @01:21AM

      by carguy (568) Subscriber Badge on Monday May 18 2015, @01:21AM (#184243)

      I'm near two Buffalo-area Wegmans -- there are plenty of them here, although there are probably even more near to you in their hometown of Rochester. Never noticed a bell tower, will take a look next time. One has a raised mezzanine with tables above the deli/prepared food section. A jazz band plays on the mezzanine on Friday evening.

      Thanks for your work on this site! (and of course thanks to all the other volunteers too).