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Yes, and those privately owned franchises buy food and services from McDonald's corporate, increasing the CEO's bonus check.
They'll buy the kiosks from McDonald's corporate, again increasing the CEO's bonus check.
I see a pattern.
They will save far more in labor costs than they pay for a kiosk.
I do wish they had installed them already.
But a better option would be tablets on tables, which will occur, with a small robot delivering food, as the individual tablet would send a signal as to which table to deliver which meal to.
McD's very soon will have as little staff as 7-11. Just 2 or 3 employees, max, at any one time.
Yes, and those privately owned franchises buy food and services from McDonald's corporate, increasing the CEO's bonus check.
They'll buy the kiosks from McDonald's corporate, again increasing the CEO's bonus check.
I see a pattern.
And watching a movie or going to a ball game increases the movie stars and pro athletes checks who make millions. And your point is???
Part of the franchise agreement and cost to own a franchise is that you have to buy certain things from McDonald's corporate. And CEOs are paid based on stock prices and profitability which is linked to franchise performance and sales. 99% chance you're a bitter high school educated blue collar worker.
Most Health Nazis complain that the portions are too big.
Now that the menus have calorie counts, McDonalds seems to be trying to avoid selling sandwiches with the amount of calories that an adult should eat for an entire day. IIRC that's the reason for the current emphasis on "homestyle" burgers and the de-emphasis of the Big Mac. Customers don't want a calorie-fest anymore.
If that's true, why does the CEO's bonus check keep going up? That eats up profit too, but nobody appears to complain about that.
The CEO's job could be easily automated.
All they need is an AI with subroutines for layoffs and golf, and that's all is needed.
Of course, they NEVER talk about that. Only the working stiffs get their jobs automated.
Oh, I am not a fan of overpaid CEOs either.
But, if all employees earn $5 more an hour, you are talking about an extra one billion dollars a year in labor costs. No real comparison between that and the CEO's salary.
And watching a movie or going to a ball game increases the movie stars and pro athletes checks who make millions. And your point is???
The movie star and pro athlete actually brings value to the equation.
The CEO is just a money pit. A hyperexpensive employee who's salary is not commensurate with the value he brings. It is the rank and file, who carry out his orders, that bring in the profitability, but they get no bonus checks if everything is good.
When CEO's start acting like the company is their personal piggy bank and only doing things that benefit his/her bonus check at the expense of long term viability of the company, they bring zero value to the equation.
Remember, Enron's CEO got nice bonus checks. All those laid of employees got what?
Quote:
99% chance you're a bitter high school educated blue collar worker.
I'd say you're wrong and unable to discuss any issues without stereotyping and name calling. Logic and reason aren't your strong points?
But, if all employees earn $5 more an hour, you are talking about an extra one billion dollars a year in labor costs. No real comparison between that and the CEO's salary.
I disagree. What's the difference between:
* a 1 billion dollar bonus check given to the CEO
versus
* 1 billion dollars worth of raises given to the rank and file?
I'd rather have the latter, since it is the rank and file who help make the company richer.
Wow! No way their portions are too big, at least in my opinion. The food may not be healthy, but I consider their burgers to not be much more bigger than finger sandwiches. Burger King, Dairy Queen, and even Wendy's burgers are bigger.
I disagree. Their double quarter pounder or "double royal" in France has half a pound of beef. That is in the same size range as the larger burgers in the other places. And their fries are sized like the other places. And they have the newer premium burgers and chicken sandwiches. But the big mac is very light on meat and seems to be smaller than it used to be IMHO.
The problem is the have always sacrificed quality for speed. When they had less competition it did not matter as much. Frozen beef cooked and then put in a warming tray for who knows how long is not acceptable. I do low carb most of the time and sometimes I am forced to grab something at a fast food place when I am out. You really know what these burgers taste like without the bun. McDonalds to their credit uses fresh beef on the quarter pounders now and they taste better. They used to be uneatable without the bun for me. Rubber meat.
But I would take a 5 guys, Smash Burger, In and Out or Freddies any day over the fast food places you mentioned. Well worth the few extra bucks you spend.
The movie star and pro athlete actually brings value to the equation.
The CEO is just a money pit. A hyperexpensive employee who's salary is not commensurate with the value he brings. It is the rank and file, who carry out his orders, that bring in the profitability, but they get no bonus checks if everything is good.
You have no idea what you are talking about. Just because its easier to determine the value of an actor or athlete does not mean a CEO does not also bring value. Look at Steve Jobs, Bill Gates or Jeff Bezos as just a few examples.
And companies have the right to determine salaries of their CEO's. If the government takes that away we will be no better than Cuba or Venezuela and will be quickly on the road to being just like them.
* a 1 billion dollar bonus check given to the CEO
versus
* 1 billion dollars worth of raises given to the rank and file?
I'd rather have the latter, since it is the rank and file who help make the company richer.
CEO do not get billion dollar bonus checks.
More like 1% of that in strong performance years for the company.
The rank and file roles are a dime a dozen, so naturally, they command a dime a dozen compensation.
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