Introduction History of Wegmans Values
Introduction History of Wegmans Values
Introduction History of Wegmans Values
• INTRODUCTION
• HISTORY OF WEGMANS
• VALUES AND WORKCULTURE
• BENEFITS GIVEN TO EMPLOYEES
• FUTURE OF WEGMANS
INTRODUCTION
INSTORE EXPERIENCE
ATTRACTIVE DISPLAYS,FRESH
PRODUCTS
VARIETY IN PRODUCTS
INCREASE IN SALES
WORKING AT WEGMANS
• SKILLSET OF EMPLOYEES
• QUOTES FROM
NEHRA(northeast human
resource association)
• WEGMANS VALUES
SYSTEM
FIVE VALUES :
• 1.We care about people
• 2.High standards are a way of life. We pursue
excellence in everything we do
• 3.We make difference in every community we serve.
• 4.We respect our people
• 5.We empower our people to make decisions that
improve their work and benefit our customers and
our company.
• WEGMANS MOTTO
–”Everyday you get your
best”
• KNOWLEDGEABLE
EMPLOYEES —CORE
COMPETANCE
• TRAINING TO
EMPLOYEES
• REQUEST FROM
CUSTOMERS
Employee Empowerment
Collaboration & Experimentation
Non- Hierarchical set-up
Go out Permission
Impact on Sales
Reduced spoilage
Credit
Health taken care
Switch to generic drug
Saved US $ 2 million
Trust
Innovation welcomed
Product list presented included
Inventory control
Generous Employee Benefits
@
Health and Life
Insurance
Profit Sharing
Educational Initiatives
Scholarships
• Foundation for the future
• To improve qualification
• College tuition reimbursement
• For both full and part time employees.
Types of scholarships
• Wegmans employee scholarship program
(US$ 59 million spent on 19,000 employees)
School dropout.
Has a family to take care.
Can he work and also finish his education?
“ I don’t think there are very many
companies out there, hand them
your school schedule
and them
work around your school
schedule"
Kevin
Recognitions
• Awarded The American Business Press Points of Light Award.
• New York used the program as a model.
More Benefits!!!
• Top salaries
• Satisfying work experience
• Blue Cross/Blue Shield medical insurance
• Vacation pay
• 401 (k) Retirement Plan
• Adoption assistance
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The human touch story
Culture nurturing…..through
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Top management
Employees at each
level
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Key factors of
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Ad f u l l p r
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nt …
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Allotment of existing
employees in the new
expansion