Does it need to do invest in all three of these strategies: promotion, pay, and work environment?
Trader Joe’s Promotion Pay or Environment?
Trader Joe’s promotes entirely from within the organization. This means that if you are a good, dedicated worker, you can rise up within the company. The company also pays among the best in the retail industry. It also creates a work environment that supports autonomy and contribution.
Does it need to do invest in all three of these strategies: promotion, pay, and work environment?
Write a one-page opinion paper. What is the relative importance of the three strategies in supporting Trader Joe’s success?
Could Trader Joe’s continue to be successful in recruiting and retaining employees without investing in all three strategies? Is so, which should be eliminated or diminished?