BRIEF HISTORY OF THE COMPANY
Wegmans is a regional grocery store chain that has built its reputation as a ?one stop? shopping experience. In this grocery store you can pick up your prescription, order dinner in the market cafe, rent a video for the night and pick up your dry cleaning. Wegmans mantra ?Every day you get our best? is truly what they, as a company, strive to accomplish. From the inception of the first Wegmans store in Rochester, New York during 1930, this family owned company has positioned itself to be unique from the competitor. When the current President Danny Wegman returned from Harvard in 1976 he helped position the company to be competitive against the emerging competition like BJs and other discounters. In the midst of this unending focus on the needs of their customers we are left to wonder where the Wegmans employee is. In addition to the convenience they offer their shoppers, Wegmans has made itself known as being an exceptional place of employment for its 30,000 employees.
In 2005 Fortune magazine named it number one of the top companies to work for. So again we were left questioning whether the techniques Fortune uses to rank these exemplary companies was reflective of the opinion of the person who is selling you your lotto ticket or the helping hands putting your groceries into your car. We wondered what it was that Wegmans has done to make their employees so happy, and to earn them the top spot on Fortune?s list. We decided to analyze the reward and recognition system at Wegmans to determine what they are already doing and what improvements will keep them at number one.
Information taken from sources such as the company website as well as surveys completed by various store employees show that We ...