Employee Ownership | Hy-Vee

Our employees act like they own the place. Because they do.

Hy-Vee is employee-owned by direct stockholders — officers, store directors and executive staff members — and indirect stockholders, the more than 30,000 Hy-Vee employees who participate in The Hy-Vee and Affiliates 401(k) Plan.

A portion of the matching contributions made by the company to The Hy-Vee and Affiliates 401(k) Plan is directed to the Hy-Vee Stock Fund. This account is the largest shareholder in the company. Every employee is a stakeholder in the company’s future, each with the opportunity to ensure memorable shopping experiences for our customers.

Employee Ownership Infographic
  • Autonomy – Think Independently
    Because many decisions are made at the store level, employees get to choose everything from the types of products and services the store offers to how they are displayed and priced.
  • Empowerment – Take Charge
    Autonomy gives employees a voice in decision-making, which means they’re empowered to do what’s needed to take care of their stores, customers and communities.
  • Action – Perform Exceptionally
    Empowering employees via autonomy gives them the authority and confidence to take positive action in their stores.

Part-time Employee Bonus

$3.87 million in part-time bonuses to more than 30,000 part-time employees.

In 2014, we introduced a bonus program for part-time employees. Hy-Vee gave a total of $3.87 million in part-time bonuses to more than 30,000 part-time employees.

The initiative was designed to help part-time employees understand and embrace their stake in employee ownership. Rewarding our part-time employees in this way helps create an environment of engagement and teamwork; and it’s a rare initiative not found at many other companies.