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In the email, Pankratz wrote: "Everyone has heard that gas prices continue to rise. The advantage this has for us is that it will increase application flow and has the potential to lower our average wage."
Quote:
He goes on to explain that most of the Applebee's employee base live "paycheck to paycheck," and that an increase in gas prices will automatically cut their disposable income.
Someone needs to tell him that his theory about people being "forced back into the labor pool" due to no more enhanced unemployment benefits has been disproven in recent months.
Someone needs to tell him that his theory about people being "forced back into the labor pool" due to no more enhanced unemployment benefits has been disproven in recent months.
Plus...with gas prices going up...doesn't that cut in to EVERYONE'S disposable income? Thus...the average Applebee's customer?
You gotta love those unprompted emails from execs sharing their wisdom with the rest of the team without anyone having asked them for their opinion. Also those sycophantic follow-ups of "wow great message" etc. sound oddly familiar. You can tell this guy thinks he's God's gift to the business world.
With regard to what he's actually saying and the tone..why would you be surprised that corporate leadership views labor primarily as a cost factor in their balance sheets. That's just the reality of it, especially but not only, in a larger company.
You gotta love those unprompted emails from execs sharing their wisdom with the rest of the team without anyone having asked them for their opinion. Also those sycophantic follow-ups of "wow great message" etc. sound oddly familiar. You can tell this guy thinks he's God's gift to the business world.
With regard to what he's actually saying and the tone..why would you be surprised that corporate leadership views labor primarily as a cost factor in their balance sheets. That's just the reality of it, especially but not only, in a larger company.
Yes...I didn't have a problem with the over all message so much, except it's pretty club footed and clumsy. But am I wrong? That same diminishing disposable income affects their clientele too, doesn't it? And while Applebee's has it's niche in the restaurant business...they're just one of many places to 'eat out'...and Applebees is never MY first choice of where to eat. (Shrug shoulders.)
Yes...I didn't have a problem with the over all message so much, except it's pretty club footed and clumsy. But am I wrong? That same diminishing disposable income affects their clientele too, doesn't it? And while Applebee's has it's niche in the restaurant business...they're just one of many places to 'eat out'...and Applebees is never MY first choice of where to eat. (Shrug shoulders.)
I do have a problem with his overall message. It doesn't apply to me, but I sure do take offense at implying now we can corner the low wage earner back into forced slavery type of work with lower wages, which is essentially what he is saying.
And yes, if people's disposable income is cut, eating out less is one of the first things to go. Applebees? Meh, their food is nothing to brag about.
I do have a problem with his overall message. It doesn't apply to me, but I sure do take offense at implying now we can corner the low wage earner back into forced slavery type of work with lower wages, which is essentially what he is saying.
And yes, if people's disposable income is cut, eating out less is one of the first things to go. Applebees? Meh, their food is nothing to brag about.
Well...they're offering $18 to $20 an hour now, instead of the 'usual' $15. (Or whatever it is.) I can understand wanting to go back to the previous rate per hour. However, taking joy off of someone else's pain isn't cool. Not at all.
And yeah...Applebee's isn't my first choice either. I'm lucky to live in an area that has a lot of variety to choose from.
This "exec" does not work for Applebee's or its owner Dine Brand's.
He worked for a franchisee that owns Applebee's and Taco Bells. It's been reported as Apple Central (which is the email domain on the meme) and/or American Franchise Capital, depending on which article you read. Maybe they're the same company.
Not defending him or any of these companies. Just sayin'.
There are reports that he's been suspended or fired.
There are some saying he's still going to get millions of dollars in severance (because you know, all executives make what the F10 do). I highly doubt he's getting anything other than his two weeks.... which is more than he deserves, IMO.
Someone needs to tell him that his theory about people being "forced back into the labor pool" due to no more enhanced unemployment benefits has been disproven in recent months.
Yep. This should be filed under “tell me you’re a moron, without telling me you’re a moron” because that exec — definitely a moron.
Someone needs to tell him that his theory about people being "forced back into the labor pool" due to no more enhanced unemployment benefits has been disproven in recent months.
Reminds me in W&E how one exec was saying "If you're not in the office, you're not invested in the company"
Funny how he was a major exec in office rentals......Some people are too obvious.....
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