http://finance.yahoo.com/blogs/daily-ticker/whole-foods-ceo-why-pay-employees-more-131203168.html
I thought this was an interesting article for several reasons, mainly due to the opposing political belief systems that seem to be working, dare I say it, together.
Whole foods, by many standards is a "hippie pony-tail" liberal type business that swears by the whole organic mantra. WF firmly believes in paying their workers a wage where those workers can afford the product.
As a side note, I do tend to believe in *some* of the organic philosophy, for example - grass fed organic beef simply tastes better. Seriously. I am a steak lover and there's something there - I think its the fact that cow isn't bombarded with hormones and antibiotics, e.g. its a healthy animal. Organic tomatoes also taste better IMO.
Anyhow, here we have a capitalist, public Co. with a solid stock price and growth. So we're on track with conservative market driven forces. Obviously the market like this Co since its trading near a record high. BUT... they're paying more for labor than they have to. What say the shareholders?
Have we found that middle ground that Henry Ford attempted to instill 100 years ago? Responsible capitalism?
So lets hear it from the hardcore republicans. Tell me why this wage system is flawed... from the sound of it, WF values its people, pays them well, hence, they end of shopping at their employer and everyone wins... healthy food and a healthy stock price... but, we, as consumers are paying the "real" cost of food (it isn't nicknamed "whole paycheck" for no reason).
I thought this was an interesting article for several reasons, mainly due to the opposing political belief systems that seem to be working, dare I say it, together.
Whole foods, by many standards is a "hippie pony-tail" liberal type business that swears by the whole organic mantra. WF firmly believes in paying their workers a wage where those workers can afford the product.
As a side note, I do tend to believe in *some* of the organic philosophy, for example - grass fed organic beef simply tastes better. Seriously. I am a steak lover and there's something there - I think its the fact that cow isn't bombarded with hormones and antibiotics, e.g. its a healthy animal. Organic tomatoes also taste better IMO.
Anyhow, here we have a capitalist, public Co. with a solid stock price and growth. So we're on track with conservative market driven forces. Obviously the market like this Co since its trading near a record high. BUT... they're paying more for labor than they have to. What say the shareholders?
Have we found that middle ground that Henry Ford attempted to instill 100 years ago? Responsible capitalism?
So lets hear it from the hardcore republicans. Tell me why this wage system is flawed... from the sound of it, WF values its people, pays them well, hence, they end of shopping at their employer and everyone wins... healthy food and a healthy stock price... but, we, as consumers are paying the "real" cost of food (it isn't nicknamed "whole paycheck" for no reason).
