Costco tops Indeed’s pay, benefits ranking
Retailers took four out of the top 10 spots in a ranking of the best companies to work for — as ranked by employees — with regards to compensation and benefits.
Costco Wholesale Club claims the top spot in the ranking by Indeed, a job review site. The warehouse club chain took the No. 1 spot by paying well above the typical salary that other retail companies pay, even for entry-level workers, according to Indeed.
“They have a graduated wage program that’s based purely on total hours worked. Show up, do your job and your pay goes up on its own,” said one Costco employee.
Employee also praised Costco for its family-based philosophy, great treatment of its employees and concern for their well-being.
Indeed cited the remarks of one employee to explain the retailer’s top ranking: “Costco believes that employees are the most important assets in the company.”
In coming up with the list, Indeed, which has over 18 million company reviews in its database, including companies with at least 600 reviews between January 2016 through January 2018. In addition to compensation, Indeed considered factors such as hourly pay, health care, dental care, parental leave and company matching for retirement plans.
“These companies are the most highly rated on compensation and benefits by users who were either employed by the company at the time of review or was employed there within the past three years,” Indeed stated.
The other retailers that made the top ten were grocers, HEB (No. 7) and Aldi (No. 8). Starbucks ranked No. 9. Another supermarket retailer, Publix, came in at No. 11.
Here are the top 15 companies on the Indeed list:
- Costco Wholesale Club
- Kaiser Permanente
- FedEx Express
- Capital One
- General Motors
Harris Teeter enhances monitoring of controlled substance use
Harris Teeter announced Thursday enhancements that its pharmacy operations across North Carolina can now instantly review a patient’s controlled substance use through the State’s Prescription Monitoring Program, known as the North Carolina Controlled Substance Reporting System.
“With the opioid crisis our state and nation are facing, this is an important and exciting tool that our pharmacists in North Carolina can now use to instantly access the prescription drug monitoring program data and ultimately help deter prescription drug abuse,” Mandy Cohen, secretary of the NC Department of Health and Human Services, said. “Our thanks to Harris Teeter for joining this potentially life-saving effort at no cost to the state.”
Integration allows busy pharmacists the ability to quickly review patient data within their workflow to prevent the abuse and misuse of controlled substance medications. Immediate access to prescription drug monitoring programs within the pharmacy workflow puts the best information and insights available into the hands of our pharmacists to ensure the safety of our patients and to comply with state and federal regulations.
Harris Teeter operates 110 pharmacies throughout its home state of North Carolina; the company also partners with local law enforcement to host annual “Take Back” programs in select stores, where shoppers are encouraged to return unused or expired medications to their Harris Teeter pharmacy.
Publix increases stock price in fourth quarter results
Publix’s saw some major changes in its newly released financial standing. It was reported that sales for 2017’s fourth quarter, were $8.9 billion — a 2.1% decrease from the previous year’s $9.1 billion. On the other hand, the brand’s comparable-store sales for the same quarter increased 3.2%, and its net earnings also increased by 40.8% to $766.6 million, when compared to the previous year. The Lakeland, Fla.-based company saw an uptick in its earnings per share, which went up to $1.04, up $0.71 per share from the prior year.
The company’s net earnings and earnings per share were impacted by the Tax Cuts and Jobs Act of 2017, and excluding the impact of the Tax Act, earnings would have been $524.4 million — decreasing by 0.4% — and earnings per share would have been $0.74, the company said. Publix’s sales for the fiscal year ended Dec. 30, 2017, were $34.6 billion — a 1.6% increase from the previous year and net earnings increased 13.1% to $2.3 billion.
Earnings weren’t the only thing to change for Publix. It’s stock price also saw a positive change, increasing from $36.85 per share to $41.40 per share.
“I’m delighted we had a significant increase in our stock price,” Publix CEO & President Todd Jones said. “I’m proud of our associate-owners for their dedicated service to our customers and communities.”
Currently, Publix’s stock is not publicly traded and is instead made available for sale only to its current associates and members of the board of directors.