Whole Foods: Salaries Exposed

MSN Money reports Whole Foods has been exposing its employees’ salaries since 1986, when co-CEO John Mackey introduced the open policy. Once a month, Whole Foods collects financial data from each of the chain’s locations. Leaders in this industry believe it is important for its employees to see how much money others in the company are making, to motivate them on what it takes to reach a certain dollar amount. There have been some disputes within the company about certain parties making more money, but Mackey explains how people are paid based on their performance and level of value. He believes this approach creates a high trust organization and causes employees to become increasingly invested in the company.

Let’s Eat

Cancer and diabetes are widespread, malicious, diseases that are taking lives at record-breaking rates all over the world. In 2009 it was estimated that 12.5 million people had some type of cancer and another 25.8 million had diabetes. The million dollar question that all doctors and cancer/diabetes patients are asking is simply “how can future

Why People Get Fat

That’s a lot of fat people. Reasons(?) People are now trying to find reasons ‘outside the box’ to explain the massive increase of obesity. Sugar is always the go-to excuse for obesity. Hm. That’s not too surprising. Except the “eating out,”not just ‘fast food’ portion. Who knew eating out,even if it’s not fast food, could make you

Whole Foods: An Almost Billion-Dollar Business

Article Summary:

Fast Company reports Whole Foods is one of the business world’s most radical experiments in democratic capitalism. Whole Foods is the largest natural food grocer in the United States, and is the most profitable. What makes Whole Foods unique is their position on employee empowerment, autonomy, and teamwork. This is a company where all employees can see each other’s numbers and vote for someone to be hired. It started in 1980 and by 1991; it had almost a dozen stores in three states. Today it has blossomed into 43 stores across ten states with a $500 million revenue stream. With few rules and ten teams in each store, collaboration and competition is at an all-time high. There are very little levels of hierarchy, because everything is completed in teams. Teams are measured for performance, increasing accountability to one another. With every new location, Whole Foods plants veteran team members to replicate and create sustainable and successful stores.