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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

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Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Retail

Sheetz Is About to Make Its Employees Very Happy

By
Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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January 12, 2016, 5:13 PM ET
SLUG: ST-WAWASHEETZ DATE: 08/11/2009 CREDIT: BILL O'LEARY/TW
SLUG: ST-WAWASHEETZ DATE: 08/11/2009 CREDIT: BILL O'LEARY/TWP Two of the regions' most popular convenience stores are quite different, culturally. Pictured, overview of the Sheetz store in Prince William county. (Photo by Bill O'Leary/The Washington Post/Getty Images)Photograph by Bill O'Leary — The Washington Post via Getty Images

Sheetz is making a big investment in its employees.

The family-owned and operated chain of convenience stores and gas stations announced plans to devote upwards of $15 million to increase employee wages across the board. The company states in a press release that it’s doing so without cutting back on employee hours.

“As a family-owned business, we’re committed to attracting, retaining and developing the best people,” Stephanie Doliveira, vice president of human resources, said in the press release. “We believe that paying wages at the upper end of the retail scale is necessary to achieve that goal.”

 

Aside from its fried mac and cheese bites, Sheetz is known for being a company with a commitment to its employees’ well-being. It spends between 35% and 40% of pre-tax profits every year on quarterly bonuses for all employees and offers training opportunities and college tuition discounts to help them advance their careers. Sheetz was recently ranked in eighth place on Fortune‘s list of the 20 Best Workplaces in Retail. It was also ranked 87th on Fortune‘s 100 Best Companies to Work For in 2014.

About the Author
By Michal Addady
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