Wegmans' key strength in terms of HRM is that it has an exceptional retention rate, so employing more strategies to improve retention is probably not warranted. Rather, Wegmans can provide a benchmark for retention that other companies can use -- they can look to Wegmans for policy advice.
Recommend Retention Strategies
Wegmans succeeds by providing employees with a strong social environment, generous benefits and flexible scheduling, three things that specifically appeal to the types of employees that Wegmans is seeking. Having a corporate culture that encourages employees to remain with the company, and provides a working atmosphere that employees find desirable, is often cited as one of the most important factors in earning high retention rates. Wegmans does an excellent job of this, and in part this is because employee retention is a personal matter there. At Wegmans, employees are treated as individuals with needs, and the company sees to it that it meets those needs. The employees do not feel as though they have an impersonal relationship...
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