Friday, September 14, 2012

A Company That's Showing the Money!

Kudos to Whole Foods for paying its employees more than it has to.  While other retailers, such as Walmart, pay their employees an average of $12 per hour, Whole Foods pays their employees an average of $15 per hour (a whopping 25% more!).  In addition, Whole Foods offers the majority of their employees benefits and stock options.  Whole Foods co-CEO Walter Robb says he wishes the company could pay them even more.  While the annual wage still equates to a modest amount around $31K, fundamentally, it's a huge step forward for American workers.