Work Perks

Whole Foods drops dramatically on Fortune's 100 Best Companies to Work For

Whole Foods drops dramatically on 100 Best Companies to Work For

Whole Foods Market flagship store in Austin
Whole Foods ranks No. 55 on Fortune's 100 Best Companies to Work For.  Photo courtesy of Whole Foods Market

Whole Foods Market is still one of the best places to work in the U.S., but the Austin-based grocery chain dropped more than 10 places on Fortune's 2015 list of the 100 Best Companies to Work For.

To determine the rankings, Fortune partnered with Great Place to Work to conduct "the most extensive employee survey in corporate America."

Two-thirds of a company’s score is based on a survey sent to a random sample of employees. Employees answer "questions related to employees' attitudes about management’s credibility, overall job satisfaction and camaraderie." The remainder of the score is determined by a "Culture Audit," where the company details pay and benefit programs, hiring practices, methods of internal communication, training, recognition programs, and diversity efforts. 

Whole Foods Market ranks No. 55 for 2015, down 11 spots from its 2014 ranking. Among its perks, Fortune notes Whole Foods' compressed work weeks and discounted gym memberships. As for diversity, 43 percent of Whole Foods employees are women, while 44 percent are minorities. The company also offers same-sex benefits and has a non-discrimination policy. 

The average base pay for an hourly employee, notes Fortune, is $24,202. Salaried employees, however, have an average base pay of $68,243.

This is the hometown darling's 18th year on the list. At No. 10, Houston's Camden Property Trust is the top-ranking Texas company. Google took the top spot, coming in at No. 1 for the sixth time.