There are many advantages associated with the Publix 's Human Resource and one of the best ones are regarding Healthcare Core Benefits. These core benefits are Group Health Plan (with prescription benefits), Group Dental Plan, Free Flu Shots, Sick Days, Fertility Treatments, Prescription Drug subsidy, Stock Options, Vision Insurance, Employee Rx Discounts, and Company-paid life insurance (with accidental death/dismemberment benefits). Publix Pharmacy is has a preferred pharmacy and they accept 99% of all insurance policies including: Cigna, Aetna, TriCare, Caremark, Wellcare, Express Scripts, Blue Cross Blue Shield, Humana, United Healthcare, Florida Blue,and etcs. All employees are entitled for free Cholesterol Test, Blood Pressure Screening, and Flu Shots as their on site health benefits. Compensation by the numbers: they pay 73% of Company-paid health coverage for employees, 29 hours at which part employees receive health care coverages, 65% Company-paid health coverage for dependents. (Publix, 2015) Publix’s healthcare benefits based on human resources criterias regarding and depending on eligible associates: part-time, full-time, salary-based, and 401K reform. Whereas, under the Saving American Workers (SAW) Act, employees must work minimal of 40 hours per week to be defined as a full-time employee; also under Affordable Care Act (ACA) on an average of 30 hours a week considered ‘full-time’. ACA also known as Obamacare, necessitates that any companies with over
The company that I would like to work for being the Publix business analysis and reporting. I choose this according to fortune magazine Publix is the best 100 places to work for because of their diversity, stock ownership of the employee account by the end of each year.
With sales of over thirty billion back in 2014, Publix is an American supermarket that has been listed on the top ten American’s largest private companies by Forbes in 2010. It is also the fourteenth largest retailer in America. Publix is privately owned and operated by its 176,500 employees, with its main base in Florida. However, “Publix has 1,103 stores in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina” (Publix Funding) as well. Publix super markets are always trying to be more sustainable and environmentally friendly. For example, they create recycling programs, make sustainable choices of where food is purchased, use reusable grocery bags instead of plastic bags, and so much more. In addition to being more sustainable, they partner with many charities, including: Feeding America Foundation, United Way, and Greenville Habitat. These are just a few of the forty affiliates that Publix has connected with.
Publix supermarket was founded in 1930 by George w. Jenkins (Organizational Structure of Publix, 2013). It is among the biggest and fastest developing employee-possessed supermarket chains in the United States. The organization, however, belongs to a private party. Besides this, the
In the world of large organizations, Costco is one of the leaders in sales and strive to be a leader in employee satisfaction. Although there are many functions within the company, human resources functioning appears to provide direct impact of these goals. Costco has made changes to their employee performance management processes such as performance management and training that have resulted in changes to the employee’s career paths. Costco changed their process in performance reviews and training with hopes of cutting costs, however the changes have changed employees expectations of the company.
The benefits of working for this company include medical, dental, life and vision insurance. 401K saving plans are matched at a rate of 100% for up to 4% of your pay. The benefits package also includes competitive wages, paid time off, 8 observed holidays, tuition reimbursement for job enhancing courses, social activities, and free confidential counseling.
According to the Top 25 Companies for Compensation and Benefits 2014 that was released by Job-hunting site Glassdoor.com, Costco ranked 2th, which was just behind Google. Costco has one of the most competitive benefits packages in the industry. Its employees not only have a full spectrum of benefits, but also may elect coverage for their spouses, children and domestic partners. The company pays a larger percentage of the premiums than do most other retailers, and employee-paid premiums are withheld pre-tax, which means employees get to keep more of their hard-earned money. Costco even runs a website www.costcobenefits.com for its employees to learn its benefits plan.
Solutions: Business health insurance is a major cost of doing business, especially for small companies as groceries. With premiums soaring, many small business owners are asking their employees to shoulder more of the financial burden or cutting benefits entirely. Grocery health insurance may take a huge chunk out of the revenue, but benefits often attract better employees and help retain existing workers. Satisfied, healthy employees are more likely to help your business grow. As a mediator that struggling to provide health insurance, the following solutions can reduce the small business health insurance benefits and costs.
Publix states the nine reasons why you'll feel great about working at Publix good, friends, benefits, ownership, stability, career growth, helping others, community spirit, diversity and planet earth. There are several services offered by the pharmacist to help manage your health. They offer a diabetes management system, free prescriptions on selected medications, flu and immunizations, health screenings, Medical I.D., prescription transfer, Flavorx, insurance plans, health center and generic drugs.
Employees are Publix’s major collaborator. Publix is widely known as having employees for over ten years at a time, with people graduating from college and coming back for jobs. Publix has invested highly in world-class training programs, and as a result, associates understand that they are not
Publix operates within the United States are approximately 193, 000 in number (Corporate.publix.com, n.d.). Overall, the performance of the company’s employees is good despite their being some level of inefficiency. The employees are fast paced, a factor which makes Publix one of the most convenient supermarkets for customers who are in a hurry. High levels of cooperation are witnessed among the employees. Despite employees having a specific job assignments, they help each other to get the work done. As such, they work with great enthusiasm as most of them enjoy their work environment.
We value the relationships along the path from “farm to fork” and realize it takes a lot of people, each providing a great service. Publix is currently the focus of a campaign by the Coalition of Immokalee Workers (CIW) who seeks to pressure us to become involved in the employment relationship between Florida farmers who grow tomatoes and the farmworkers they employ to harvest their product. Since first approached by the CIW three years ago, we have consistently viewed this issue as a labor dispute” (Publix.com). Publix argues that the treatment of workers is an issue between employer and employees and is an issue that needs to be handled by the department of labor. However, they state if tomatoes farmers need to raise the overall price or tomatoes to give their employees better benefits they will pay the market price.
Publix is not your quintessential grocery store, it is so much more. What is it about Publix that make it unique from all the other stores that sell groceries? What are its unique selling points that add extra value to a visit? Why are customers willing to pay more to shop there? To quote Publix President, Todd Jones, “We believe that there are three ways to differentiate: service, quality and price. You’ve got to be good at two and the best at one. We make service our number one, then quality and then price” (Jones, 2013).
Publix is an employee-owned supermarket chain that is said to be the largest of its kind in the United States. Its operations span throughout the southeast region, with locations in Tennessee, Florida, Georgia, Alabama, North Carolina and South Carolina; with Florida having nearly half of the company’s operating base. George W Jerkins founded the corporation as an employee-owned private entity. The company has managed to create over 168,000 jobs in its numerous branches now totaling to a tune of 1098 stores. Moreover, it has invested in cooking schools and grocery distribution. The company’s turnover in the previous year, 2014, was 28.92 billion US dollars to 1.74 billion as its net profit ranking it to be the thirteenth largest private retail company in the United States (Forbes.com, 2014). Currently, the price of its stock share is around 39 US dollars per share capital. The company has managed to build a niche for itself competing with the likes of Costco, Whole Foods, BJ’s Wholesale Club, Sam’s Club and even Wal-Mart.
Publix Super Market. Describe the type of business market, its business share, financials, size and global presence.
Most full-time employees work up to 35 hours or more a week. By working that long, proper health care benefits are needed. Looking at Wal-Mart 's website, they listed about ten health and well-being benefits, while Costco lists about four. That seems like a big difference and shows that working in Wal-Mart is great when it comes to health care benefits, but that is not true if someone worked part-time. In 2014, Wal-Mart had "announced that it would eliminate health benefits for part-time employees working less than an average of 30 hours a week – or about 30,000 workers" (Berman). 30,000 may not seem like a significant number, but that is still a lot of people not receiving any health care benefits. That is why Costco is "widely praised for the way it treats its workers, and the decision to keep health benefits will likely solidify that reputation…" (Berman). "The company provides health coverage for employees working an average