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    Equity Talks

    Employee-friendly Texas grocer adds equity to list of company perks

    Rachael Abrams
    Nov 8, 2015 | 11:35 am
    Central Market Lovers
    As H-E-B employees, those who work at Central Market now are eligible for equity.
    Photo courtesy of Central Market

    Texas grocery retailer H-E-B (which also includes the Dallas-based Central Market) recently announced it is giving employees equity in the company. The goal? To empower and inspire them.

    A New York Times article explains that workers — or partners, which is what H-E-B calls them — will receive non-voting shares valued at 3 percent of their salary, in addition to $100 in stock for each year of ongoing service.

    Under the plan, workers are able to cash out when they leave or retire from the company, and will also receive dividends based on the retailer’s earnings,” writes the Times’ Hiroko Tabuchi.

    Partners qualify if they are over the age of 21 and have worked at least 1,000 hours at H-E-B in a year. That currently applies to 55,000 employees, which is 15 percent of the entire company.

    “Employees in Mexico are not eligible, for now, because federal laws that set standards for pension and health plans do not apply there,” Tabuchi writes.

    Started by Florence Butt in 1905 in Kerrville, Texas, H-E-B has grown to a multibillion-dollar company with more than 350 stores in the United States and Mexico. Today, Butt’s grandson Charles runs the business, which is now based in San Antonio and has a reputation for taking care of its employees.

    Forbes contributor Roger Dooley called H-E-B “the smartest supermarket you never heard of” in 2014, commending the company for its low prices, feel-good atmosphere, and friendly employees. We can attest to that.

    “I learn life lessons of how to be a better person from the leadership of H-E-B almost every day,” says Leslie Sweet, H-E-B director of public affairs in Central Texas. “And here comes another big learning — give people your trust, responsibility, and generosity and expect good results to come.”

    She says that this new benefit will make the company stronger. “It will make us more educated about our business and more personally invested in making H-E-B the best place to shop,” she says. “H-E-B partners are passionate about two things: taking care of our families and taking care of our customers. This employee stock plan will help us do both.

    “I’ve had calls from friends asking me what’s going on in our stores because they are seeing the contagious excitement and energy from our partners,” Sweet adds. “We’re loving the early Christmas present.”

    texasshopping
    news/innovation

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    Jobs report

    Texas ranks among 10 best states to find a job, says new report

    John Egan, InnovationMap
    Nov 28, 2025 | 9:15 am
    Job interview
    Photo by Christina @ wocintechchat.com on Unsplash
    You have a better chance of landing a job in Texas than in most other states.

    If you’re hunting for a job in Texas amid a tough employment market, you stand a better chance of landing it here than you might in other states.

    A new ranking by personal finance website WalletHub of the best states for jobs puts Texas at No. 7. The Lone Star State lands at No. 2 in the economic environment category and No. 18 in the job market category.

    Massachusetts tops the list, and West Virginia appears at the bottom.

    To determine the most attractive states for employment, WalletHub compared the 50 states across 34 key indicators of economic health and job market strength. Ranking factors included employment growth, median annual income, and average commute time.

    “Living in one of the best states for jobs can provide stable conditions for the long term, helping you ride out the fluctuations that the economy will experience in the future,” WalletHub analyst Chip Lupo says.

    In September, Gov. Greg Abbott announced Texas led the U.S. in job creation with the addition of 195,600 jobs over the past 12 months.

    While Abbott proclaimed Texas is “America’s jobs leader,” the state’s level of job creation has recently slowed. In June, the Federal Reserve Bank of Dallas noted that the state’s year-to-date job growth rate had dipped to 1.8 percent, and that even slower job growth was expected in the second half of this year.

    The August unemployment rate in Texas stood at 4.1 percent, according to the Texas Workforce Commission. Throughout 2025, the monthly rate in Texas has been either four percent or 4.1 percent.

    By comparison, the U.S. unemployment rate in August was 4.3 percent, according to the U.S. Bureau of Labor Statistics. In 2025, the monthly rate for the U.S. has ranged from 4 percent to 4.3 percent.

    Here’s a rundown of the August unemployment rates in Texas’ four biggest metro areas:

    • Austin — 3.9 percent
    • Dallas-Fort Worth — 4.4 percent
    • San Antonio — 4.4 percent
    • Houston — 5 percent

    Unemployment rates have remained steady this year despite layoffs and hiring freezes driven by economic uncertainty. However, the number of U.S. workers who’ve been without a job for at least 27 weeks has risen by 385,000 this year, the Bureau of Labor Statistics reported in August. That month, long-term unemployed workers accounted for about one-fourth of all unemployed workers.

    An August survey by the Federal Reserve Bank of New York showed a record-low 44.9 percent of Americans were confident about finding a job if they lost their current one.

    This story originally was published on our sister site, InnovationMap.
    job markettexaswallethubjobs
    news/innovation
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