Retail’s Best Places to Work
Attracting and maintaining top talent is an operational necessity. But it remains a constant challenge for companies in every industry in today’s hyper competitive job market.
To uncover the best places to work, Fortune once again conducted its annual ranking of the “100 Best Companies to Work For” produced in conjunction with Great Places to Work.
The people analytics firm conducting America’s largest ongoing annual workforce study, representing more than 4.3 million employees this year alone. Employees responded to over 60 survey questions describing the extent to which their organization creates a Great Place to Work For All. Eighty-five percent of the evaluation is based on what employees report about their experiences of trust and reaching their full human potential as part of their organization, no matter who they are or what they do.
These experiences are analyzed relative to each organization’s size, workforce, and what’s typical in their industry and region.
To be considered, companies must submit an application documenting over 200 data points describing their HR programs and practices. Great Place to Work then conducts a confidential survey of each company’s workforce.
The entire 100 company cross industry ranking can be found here. Below is a quick look at the six retailers that made the prestigious annual ranking.
Wegmans Food Markets
The first of four food purveyors to make the annual ranking, Wegmans prides itself on being a family company that helps people live healthier, better lives through food. The grocer offers its employees medical and dental coverage, retirement savings, scholarships, paid time off, life insurance, adoption assistance, and many other industry-leading benefits. The generous benefits package helps ensure quality employees stay put, with 34% of Wegman’s workers having been with the company six years or more. Ninety-four percent of employees say it is a great place to work. Fortune Best Companies to Work For Rank: 3.
Publix Super Markets
Publix has more than 1,200 grocery stores across seven states, employing nearly 200,000. The retailer also has numerous distribution, warehousing and manufacturing facilities. Like most retailers, the majority of the grocer’s staff are new to the workforce with Gen Z (18%) and Millennials (39%) making up the lion’s share of its associates. Sixty-one percent of its workforce have been with Publix for more than two years, thanks in part to its ability to provide its staff with the resources and equipment to do their job, cited by 93% of employees. Fortune Best Companies to Work For Rank: 12.
Founded in 1938, REI is the nation’s largest outdoor co-op, committed to helping its customers enjoy life outdoors, through quality products and inspiring experiences. The outdoor apparel and equipment retailer employs over 12,000, 87% of which report it is a great place to work. A whopping 51% of REI’s workforce come from the Millennial set (born between 1981 and 1997) ― only 14% of its employees have been with the company more than 10 years. Ninety-four percent of REI’s workforce feel good about the ways the retailer contributed to the community, and 91% are proud to tell others they work there. Fortune Best Companies to Work For Rank: 46.
The family grocer values its associates as the most important part of its brand, evidenced by the fact that it has never laid off a single employee. That loyalty to its workforce has led to 87% of its nearly 2,000 employees ranking Nugget Market as a great place to work. Ninety-four percent of employees report that customers would rate the service they deliver as excellent, and that when you join the company you are made to feel welcome. Fortune Best Companies to Work For Rank: 81.
Sheetz is one of America’s fastest-growing, family-owned and operated convenience chains with stores across six states. The retailer offers unique benefits and advancement opportunities for those employees that best exemplify the retailer’s customer focus. Sixty-two percent of Sheetz’s workforce is Gen Z and Millennial, and 52% of the total staff has been with the retailer of less than two years. Ninety-two percent of employees believe Sheetz gives them the resources and equipment they need to do their job, feel good about the ways the retailer contributes to the community, and were made to feel welcome when the joined the company. Fortune Best Companies to Work For Rank: 85.
Joining REI in the outdoor goods category on this ranking, Patagonia claimed the last spot on the annual list. The outdoor apparel, equipment and accessories manufacturer and retailer’s mission is to build the best products possible while causing no harm to the environment. Ninety percent of employees say Patagonia is a great place to work, fueled but the 97% that claim its customers would rate the service they deliver as excellent, 96% that are proud to tell others they work for the retailer, and the 95% that feel good about the ways Patagonia contributes to the community. Fortune Best Companies to Work For Rank: 100.