Here’s a thought-provoking article and video about Whole Foods’ approach to paying their retail service staff. It’s a reminder that we all need to re-think and re-communicate our pay philosophies from time to time. Where to pay relative to the market medians, issues about union avoidance, and general concern for employees’ economic well-being are all relevant. Some additional philosophical issues include internal pay equity, linkages to performance measures, and whether tenure should be a factor in making pay decisions.
http://finance.yahoo.com/blogs/daily-ticker/whole-foods-ceo-why-pay-employees-more-131203168.html
– Shari Dunn, Managing Director
CompTalk 