From a review of US SEC filings and the Google Finance website, there are 18 US Grocery and Similar Stores Selling Food Companies with Stock Market Caps above $1 bil or its equivalent recently that disclosed their Median Employee Total Pay and Employee Benefits Compensation for 2020.
From Company Proxy Statements filed with the SEC, the below table shows the Median Total Employee Pay and Benefits of each of these 18 Companies for annual 2020. The majority of these Companies have not yet filed their Annual Proxy Statements with the SEC related to annual 2021 Employee Compensation.
It's so unfortunate that the Giant Grocer Albertson Companies is able to keep the public, including stock investors, from knowing what their median employee pay and benefits were. My hunch is that it is in the low $20,000s range.
On the upside, Costco and Grocery Outlet pay their employees very fairly.
In Costco's case, it understands that paying people fairly can increase its profitability too.
In Grocery Outlet's case, it figured out that to get a WOW experience for its customers, it must pay and treat its employees well.
As for the other 16 Companies, they have all gone the Profiteering from the Covid pandemic strategy route. The essential worker is not paid nor treated well, even though they are the ones taking all of the health risk, because that inhumane strategy maximizes their bottom-line profits for the economic benefit of their top management and for their stockholders.
