Kroger announced Monday new investments in employee benefits, education and wages as retailers across the board are spending more on their employees to keep pace in a tighter labor market.
Last week, Kroger said it planned to hire for 11,000 new positions, including 2,000 management roles. At that time, it said would invest $500 million in associate wages and training and development over the next three years.
The grocer has attributed the investments to more funds as result of recent tax law changes.
Among the new initiatives, Kroger is introducing a Feed Your Future program to support continuing education for all part-time and full-time associates following six months of employment. As part of the program, Kroger will offer up to $3,500 annually ($21,000 over the course of employment) to support educational advancements like high school equivalency exams, professional certifications and advanced degrees.