ALTOONA, Pa. — Sheetz Inc. has been named one of the 2022 Fortune 100 Best Companies to Work For, the eighth time in nine years that the convenience-store retailer has made the list. The magazine ranked Sheetz as No. 33 on this year’s list—the highest ranking to date for the company.
Now in its 25th year, the list, compiled by Fortune by the Great Place to Work Institute, Oakland, Calif., recognizes companies that have exceptional workplace cultures.
Fortune’s review of Sheetz: “Jeans? Fine. Tattoos? No problem. Sheetz encourages employees to express their individuality through their personal appearance, but that’s not the only way this popular chain of convenience stores and coffee shops is attracting and retaining talent. After raising wages by $3 an hour in 2020, the company bumped up pay by another $2 an hour in 2021. Sheetz also has partnerships with more than 20 colleges and universities offering tuition discounts of as much as 25%. All employees receive a bonus four times a year, there’s an employee stock ownership plan for anyone who works more than 1,000 hours in a year. In 2021, the company expanded its diversity, equity and inclusion efforts to create a more open and accountable work environment for all employees. It’s all part of what helped Sheetz to vault 50 spots higher on the list this year.”
Great Place to Work review: “Sheetz is one of America’s fastest-growing, family-owned and operated convenience retailers with stores across six states. Unique benefits and advancement opportunities reflect the company’s genuine concern for employees’ well-being—a respect that extends across the counter through Total Customer Focus.”
- Click here to view the full 2022 Fortune 100 Best Companies to Work For list.
The recognition follows Sheetz’s recent investment of more than $70 million in store employee wages in 2021 as well as an investment doubling the tuition assistance offered to employees through the company’s college tuition reimbursement program.
“We strive to offer our employees sustainable careers built on an inspiring culture and community engagement,” said Travis Sheetz, president and CEO of the Altoona, Pa.-based chain. “Our employees are what make this company great, and we are committed to ensuring they feel valued and have ample opportunities to grow within their careers.”
In February 2022, Sheetz announced plans to hire more than 3,500 new employees. Sheetz offers competitive pay and benefits packages to all employees, it said, including medical and dental insurance, a 401(k) retirement plan, an employee stock ownership plan, flexible schedules, opportunities for advancement, quarterly bonuses, vacation time and more. Sheetz also offers 12 weeks of fully paid time off for new mothers and two weeks of fully paid time off for partners.
To determine the 2022 list, Great Place to Work surveyed Sheetz employees and gathered information about company culture and pandemic response. This included how trustworthy, caring and fair the company is in times of crisis; employees’ physical, emotional and financial health; and the company’s impact in the broader community. It pays particular attention to how employees’ experiences varied depending on their job role, gender, race/ethnicity, payroll status and other characteristics to ensure that the company is creating a great workplace for all.
- Sheetz is No. 13 onCSP’s 2022 Top 40 Update to the 2021 Top 202 ranking of U.S. c-store chains by store count. Watch for the full 2022 Top 202 ranking in the June issue of CSP magazine and in CSP Daily News.
Established in 1952, Sheetz is a family-owned and -operated c-store chain with more than 23,500 employees. The company operates more than 640 stores throughout Pennsylvania, West Virginia, Virginia, Maryland, Ohio and North Carolina.
Several grocers also made the list. Click here to read the details at CSP's sister publication Winsight Grocery Business.
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