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Tesco’s US operation, Fresh & Easy Neighborhood Markets, said yesterday that it will hire 750 new employees over the next three months as it ends the self-imposed three-month “time out” from opening new stores in Southern California, Arizona and Nevada.

Fresh & Easy will open its newest and 62nd store in Manhattan Beach, California, on July 2.

According to a press release issued by the company, “Fresh & Easy has witnessed an overwhelming response to its pay and benefits package – for every store position hired, the company has received more than 13 applications. Fresh & Easy now employs more than 2,100 people at its stores, distribution center and at company headquarters. Each store employs about 25.” The release noted that Fresh & Easy employees “start at $10 an hour in California, with similarly competitive salaries in other states, and include a quarterly bonus of up to 10 percent. The company provides the opportunity for all employees to work at least 20 hours per week, which entitles them to comprehensive and affordable healthcare, including medical, prescription drug, dental and vision coverage, with Fresh & Easy paying at least 75 percent. Fresh & Easy also offers employees a 401(k) retirement plan with company match.”

Tim Mason, Fresh & Easy’s CEO, issued the following prepared statement: “We’re demonstrating our commitment to be a great place to work, and we’re thrilled about our continued expansion in California, Arizona and Nevada, despite tougher economic times. We know our rewards and benefits package is competitive, and our timing is right – we’re creating quality jobs for our employees, right in their neighborhoods, with great opportunity for advancement.”
KC's View:
How long these new hires will have jobs, I suspect, will become evident when we see what adjustments Fresh & Easy is making in its store format. Tesco’s ability to adjust to new circumstances is proven, but at some level I think the company may have to allay the skepticism of some onlookers and so-called “experts.”