Tuesday, January 27, 2009

Egalitarianism Prevails at Whole Foods Market

In fiscal 2008, the compensation and benefits program of organic grocer Whole Foods Market (WFMI-$11.48) continued to reflect the company’s philosophy of egalitarianism. Cash compensation (salary and non-equity bonuses) for executives remains capped at a multiple of 19 times the average annual wage of hourly workers, or $652,400 and $34,334, respectively…. Read More…

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.


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