Organizational Behavior

Salido, Maurren F. June 26, 2020

Section 1

The Whole Truth

1. Whole Foods Market is one of the 100 best companies to work for. They believe that the
order of their priority is the first the customers then proceeds to its employees. The reason
behind them being on the list is the benefits they give to their employees. It is a given fact
that benefits are one of the factors that were evaluated for those aspiring workers of the
company. The benefits of the company are salary-cap and health savings accounts. Which
gives the employees security for their daily basis. They give their employees an
opportunity to save while being secured with their health care.

2. The health savings account is beneficial because the company contributes to it and it
covers eighty-nine to one hundred percent of expenses. Although at some point this has a
negative impact on the employees. It pressures the employees to save which can be
difficult and challenging. It is also costly because it is a high deductible which is around
$1,300. This may result in avoid seeking medical care even if needed. They are more
likely to avoid going to the emergency and come as a walk-in patient instead. Although it
is tax-free it is only limited for consuming health-related expenses. And if it is not used
for health-care-related it will be charged with tax and penalty if not above 65 years old.

3. The employee health care pioneered by the Whole Foods Market may not be applied to
other companies, because it is high deductible the amount that they are investing is also
costly. Companies have different priorities and different ways of handling their
employees. It may be beneficial to the employees in the future but it is expensive at
present. And some companies cannot invest that much in a health savings account. The
environment of the company also takes place on why they are not applying the health
care system. And health savings account are not the only benefits the company can give,
they might also focus on social securities.