Comp News – A popular southern grocery chain with over 16,000 employees has vowed to invest over $33 million into improving its employee compensation.

Brookshire Grocery Co. is a family-owned grocery business with more than 180 stores throughout Texas, Louisiana, and Arkansas.  Previously, the chain had given its hourly employees an extra $1/hr in compensation. Part of this new compensation philosophy would involve making that extra wage a permanent addition to its workforce.

Brookshire Grocery Co. announced recently it raised wages for almost 13,500 hourly employee-partners which totals more than $33 million investment in salaries. Part of this investment is the company making the extra $1 per hour in COVID appreciation pay permanent for the hourly retail and logistics employee-partners along with raising the minimum pay for several positions in retail. Most hourly retail jobs will now have a minimum rate of $11 per hour.

 

Prior to this investment in employee-partner wages, the company had given employee-partners more than $30 million since March 2020 through a comprehensive gift and incentive package which includes bonus checks, gift cards, wage increases for those in retail and logistics and a compensation plan for those directly affected by COVID-19.

This new wage increase is all a part of the company’s model of increasing its focus on employees.

Investing in our people is the best thing we can do as a company,” said Brad Brookshire, Chairman and CEO of Brookshire Grocery Co.

Read the full story here.

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