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Panera Bread Company Executive Summary

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We plan to pay the assistant manager at the same level as our competitors at a set rate from month to month. Panera Bread Company is in a market with similar competitors, such as Starbucks, Potbelly, and McDonald’s. Panera, however, offers fast, healthier food with a warm atmosphere to set it apart. The pay level of an employee is the decision about whether to pay workers at a level that is below, above, or at current market wages (Williams, 2016, p. 241). The salary that an employee receives compared to the employees of competitors is considered their pay level, whether it is more, less, or the same. At Panera our assistant manager will be paid the same, as an assistant manager would be at Starbucks, or any other competitor, a little above

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