Conscious Capitalism: Whole Foods Approach to Employee Comp
An interesting concept is being practiced at Whole Foods. In a recent post of Yahoo's Daily Ticker, the company is said to practice a philosophy called "conscious capitalism." The idea aligns the interests of the shareholder, the customer, and more importantly the employee. And that is employees from top to bottom. This philosphy helped build the compensation of their in store employees, which places them as some of the highest paid hourly workers in the U.S. Whole Foods makes some really great points on this matter.
Here is the link: "Whole Foods CEO: Here’s Why We Pay Our Employees More Than We Have To"