Kroger Brings More Resources to 700K Associates; Rodney McMullen Comments
CINCINNATI, OH - Kroger is committed to its workforce, and it’s showcasing that determination in a big way. The retailer announced a commitment to offer more resources to more associates following the completion of its proposed merger with Albertsons Companies.
“Our associates are at the center of everything we do,” said Rodney McMullen, Chairman and Chief Executive Officer. “Kroger’s industry-leading educational benefit supports associates who are interested in advancing their learning in any way they want. Our commitment to offering financial counseling services provides associates with the tools they need to build a budget, pay off debt, or begin saving for retirement. These two tools are just some examples of the ways we invest in our associates holistically. Growing these programs is one small part of the world-class benefits plan we offer.”
As part of this commitment, Kroger will provide over 700,000 part-time and full-time associates access to its continuing education benefit, which offers up to $21,000 of reimbursement toward higher learning or continued development.
The combined company will also expand access to its Goldman Sachs Ayco financial coaching tool, noted the release. These programs build on the previously stated commitment that the combined company will invest $1 billion to continue raising associate wages and comprehensive benefits.
More information about the latest commitment can be found here.
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