Grocerant niche Ready-2-Eat and Heat-N-Eat prepared food is driving top line growth and bottom line profits for companies that are expanding their fresh food options. Success does not come easy as the competition for foodservice workers continues to heat up. Many convenience store operators have targeted legacy pre-trained restaurant workers according to Foodservice Solutions® Grocerant Guru®.
One example is Thortons who announced that they plan to hire more than 100 employees starting at a new minimum rate of $10.25 per hour in the Louisville area. That is up 12 percent vs. the current starting rate. The minimum wage in Kentucky will go from the current $ 7.25 an hour on of August 1, 2016 to $ 8.20 per hour.
Many restaurants in Kentucky continue to start employees at minimum wage. Thortons has the ability to leverage one of the hallmarks of the grocerant niche Mix and Match bundling to offset the higher wage rate creating a platform enabling too recruit and retain a good employees.
Higher pay is not enough in fact Thortons has a bundle of benefits that it plans to offer including “Employee Stock Ownership Program, through which employees become owners of the company after one full year of service. The retailer also matches 401K contributions with company stock dollar-for-dollar up to 4 percent. Other benefits include bonus potential, group insurance, free meals and beverages, and discounts on fuel.”
Thorntons operates 183 stores in Kentucky, Illinois, Indiana, Ohio, Tennessee and Florida and understands too continue expanding it grocerant niche Ready-2-Eat and Heat-N-Eat fresh food program that customer are migrating to it needs the ability to recruit, retrain, and retain employees.
Is it time that you consider expanding your grocerant niche offerings? Are you garnering all you can from you Mix and Match retail foodservice offerings? Is it time for Outside Eyes? Contact Steve@FoodserviceSolutions.us or visit: www.FoodserviceSolutions.us for more information.