Business
Noodles & Company Issues First "Nourish and Inspire" Impact Report Highlighting Progress and Benchmarks Across Food, People, Planet and Community
Noodles & Company invests in enhanced team member benefits, an ongoing emphasis on inclusion and diversity initiatives, and a focus on philanthropy and
About this update from Noodles & Company
[{"type":"text","content":"Noodles & Company invests in enhanced team member benefits, an ongoing emphasis on inclusion and diversity initiatives, and a focus on philanthropy and sustainability\n\n\nBROOMFIELD, Colo., Oct. 28, 2021 /PRNewswire/ -- Noodles & Company (NASDAQ: NDLS), the national fast-casual brand known for serving globally inspired noodle dishes, today released the Company's first impact report. This report highlights key milestones and enhancements the brand has made across people, food, planet, and community. Noodles' mission has always been to nourish and inspire every team member, guest, and community it serves, and everything the brand does is driven by its core values, prominently showcased in this report.\n\n \n \n \n \n \n \n\n \n\"Transparency matters in how we conduct business, and we believe that transparency coupled with action is the best way to foster a sustainable world for future generations,\" said Dave Boennighausen, chief executive officer at Noodles & Company. \"This impact report is a strong testament to the progress we've made in building a better world through our operations.\"\n\"Supporting our team members has always been our first priority, with no limits to how far we will go to ensure our people are taken care of,\" said Sue Petersen, executive vice president of inclusion, diversity, and people at Noodles & Company. \"This past year, we built upon that promise by offering a flexible work schedule with industry-leading benefits to foster an inclusive and diverse workforce and support team members' personal and professional growth.\"\nNoodles' Big ImpactNoodles & Company has made significant progress in its commitment to people, the planet, community, and food. Major impacts include:\nPlacing People First: Women now comprise 56% of the Noodles' operations team and 50% of its executive team. During a time when the labor crisis continues to pressure businesses, Noodles has maintained lower-than-industry-average turnover rates and increased general manager tenure across its locations nationwide.\nSince the onset of COVID, Noodles has invested $7.6 million in new team member benefits to impact team members' lives and support them through unprecedented circumstances. These benefits include thank-you and retention bonuses and a continued focus on mental health, including prioritizing a balanced life for team members both...