Brookshire Grocery Co. Invests $33 Million Into Raising Employee Salaries; Brad Brookshire Comments
TYLER, TX - Brookshire Grocery Co. (BGC) is solidifying its presence as not only a leading retailer, but employer, as the grocer recently unveiled a critical investment across its operations. BGC announced that it has pledged more than $33 million to raise wages for almost 13,500 hourly employees.
“We are so incredibly grateful for everything our partners do to serve our customers and communities. Investing in our people is the best thing we can do as a company,” said Chairman and Chief Executive Officer Brad Brookshire. “This is the largest investment in wage increases in BGC’s history and is a result of everything our incredible team of employee-partners has accomplished in the last 15 months. We are proud to be able to make the appreciation pay permanent and make further adjustments in wages for our employee-partners in the future.”
One component of this investment is the company’s move to make the extra $1 per hour in COVID appreciation pay permanent for its hourly retail and logistics employee-partners, in addition to raising the minimum pay rate for several retail positions, according to KATC 3. As a result, most hourly retail jobs will now have a minimum rate of $11 per hour.
The retail company announced that more than 30 other targeted retail positions have additional increased minimum hiring rates, including its market employee-partners as well as more than 1,000 logistics employees.
As more retailers unveil pivotal investments to advance in an undoubtedly competitive market, AndNowUKnow will be here to report on the latest.