dolution

Companies use a variety of tools and strategies designed to motivate employees and engender superior strategy execution. In this respect, Wegmans Food Markets, Inc. serves as an exemplar. With approximately 48,000 employees spread across 96 stores across the Northeast and Mid-Atlantic, Wegmans stands out as an organization that delivers above average results in an industry known for its low margins, low wages, and challenging employee relationships. Guided by a philosophy of employees first, Wegmans employs an array of programs that enables the company to attract and retain the best people. Since the creation of its broad benefits program for full-time employees in the 1950s, Wegmans has had a strong benefits philosophy. Today, flexible or compressed schedules are common, and policies extend to same-sex partners. Regarding financial compensation, wages are above average for the grocery retail industry, which also has an added benefit of keeping its workforce nonunionized. In addition to the traditional elements of compensation and benefits, Wegmans invests considerably in the training and education of its employees. Known for its strength in employee development, upwards of $50 million annually is spent on employee learning. Since 1984, the company has awarded nearly $110 million in tuition assistance, and over $50 million in scholarships. Another crucial aspect of employee motivation is feeling heard. Employees see their ideas put into action through a series of programs designed to capture and implement their ideas. Wegmans deploys a series of programs, including open-door days, team huddles, focus groups, and two-way Q&As with senior management. With the recognition that employees are critical to delivering a great customer experience, Wegmans directs a considerable amount of resources to its biggest asset, its people. Its suite of programs and benefits, along with a policy of filling at least half of its open opportunities internally, lead to one of the lowest turnover rates in its industry. They have also resulted in Wegmans placing among the top five firms on Fortune’s list of The 100 Best Companies to Work For, year after year.