Avg McDonald's employee wage: $7.73. Ave hourly wage of McDonald's CEO: $9,274

Discussion in 'Current Events' started by Channe, Dec 10, 2013.

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  1. Mushroom

    Mushroom Well-Known Member

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    Actually, I think you will find most of their "Corporate Officers and Executives" have traditional Business degrees and MBAs.

    I was actually given the chance to go to one of their competitors programs many years ago. And I did give it some serious thought before I turned them down (it was being offered if I cancelled my contract to join the military).

    One advantage of working in a "Corporate Store" instead of a franchise is that you have a higher chance of being noticed and groomed for higher positions. And for Burger King this was "Whopper Tech" and "Burger King University".

    Whopper Tech was the lower ended one, roughly a 3-6 month program that was aimed at franchisee owners to send their management to for training.

    Then you had the higher level one, Burger King University. This was actually the "Cadillac of Fast Food Education" at the time. If you got the full-boat treatment (which I was offered), it was a full 2 year program taught in association with the University of Miami, and graduates had an AA degree in Business.

    But this was for grooming the future District managers and their assistants, not Executives. Our district manager had 1 opening a year for this program, and he was pushing hard for me to take it. But I turned him down, and another guy from my store actually got it.

    I saw him again about 3 years later, he had finished the course, and was tasked with turning around a failing franchise store. The last time I saw him was in 1987, he had turned that one to profitability and was moving on to another similar troubled location. My sister in law kept in contact with him for a few years after that, and by 1990 he was the assistant district manager and is likely district manager now.

    But unless he got a 4 year degree, I doubt he ever moved beyond upper level management (which is nowhere near Executive level). But that education is not "free". If you attend because of a position offered by Corporate, it is all free, room & board (in Miami, FL) as well as a stipend and the course, all paid for by Burger King.

    Whopper Tech is what most go though, a shorter and less in-depth program intended to train general managers. 3-6 months, all expenses paid for by the Franchisee owner (not the corporation).
     
  2. Mushroom

    Mushroom Well-Known Member

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    Well DUH, it is because the vast majority of their stores are franchises. Independently owned and operated. It is like this for any franchise business, be it Domino's, Pizza Hut or McDonalds.

    But I seriously doubt that anybody is going to go from a franchise job to corporate unless he really made an impression with the district manager.
     
  3. jackdog

    jackdog Well-Known Member

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    In post # 674, there is a link to his biography there. The CEO went from burger flipper to enlisted Navy to Manager Trainee to CEO. He actually started at entry level when he was in High School. Pretty Impressive if you ask me considering he never graduated college
     
  4. Hafez

    Hafez Banned

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    That is no excuse. our poverty is ridiculous given the wealth of this nation. The problem is and always will be greed. The sheer amount of injustice done in this world alone makes me wish for nuclear winter and the complete destruction of the human condition. Such a waste we are.
     
  5. Mushroom

    Mushroom Well-Known Member

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    He did not go from "manager trainee to CEO", there were a lot of steps in between. But he did work his way up through the company.
     
  6. awesome bossum

    awesome bossum Banned

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    Why not let the states "do it"? If you can't earn here, move to Texas where you CaNz!



    It's all about incentive and self-esteem. Not the false, "You'll all get trophies" esteem but actual self-respect. But no one else can do that for an individual.
     
  7. Ctrl

    Ctrl Well-Known Member Past Donor

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    And I think that is important.

    I am breaking from my position on this. I was wrong. 15 an hour is acceptable given the profits of the company. This will result in fewer jobs... but make having a job more valuable. The "why not 50 an hour" argument I am ready to destroy.

    So to my friends on the right... bring it. If we are going to use the extreme to demonstrate the mundane...
    [​IMG]

    Bring it strong, I'm in it to win it.
     
  8. Hafez

    Hafez Banned

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    Greed is strong indeed. Nice to see you fully accept the light.
     
  9. Ctrl

    Ctrl Well-Known Member Past Donor

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    Don't look a gift horse in the mouth. How much do you give to charity?
     
  10. Hafez

    Hafez Banned

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    75 dollars yesterday to a lady who was selling a used Italian leather love seat that just happened to match my sofa. She was obviously on hard times and was asking 75 for the love seat. I gave her 150.

    5 dollar sub to an old man on the side of the road last week. I only make 629$ a week and support a family of 5. Not only that but any clothing that no longer fits my children is given away to whom ever needs it.

    I also sanded and painted and replaced the weatherstripping of an elderly neighbor's front door that was severely weathered last month. It was a 3 hour job on a Saturday.

    As a matter of fact I have 29.05 in my bank account until Monday when i get paid and my kids will be eating a lot of grilled cheese and PB&J until then.
     
  11. Ctrl

    Ctrl Well-Known Member Past Donor

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    Ok (*)(*)(*)(*)(*)(*)(*).


    You're my hero. Happy?
    Dick.
     
  12. Hafez

    Hafez Banned

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    I feel physically ill when I see people in pain. I am a natural empath and my emotions are inextricably linked to others. I literally go into a state of feeling their pain to the point that it can be detrimental to my own family's well being.
    That being said I am still an (*)(*)(*)(*)(*)(*)(*) and deserve no such status. As a matter of fact i admire your courage in your postings over the months I have read them as you demonstrate both knowledge, wisdom and the ability to reflect on one's own thoughts and beliefs in a meaningful manner.
     
  13. Ctrl

    Ctrl Well-Known Member Past Donor

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    In a similar position I go the other direction. I simply cannot feel for every person I see or I end up wrecked by circumstances not of my own doing nor under my control.

    Children (*)(*)(*)(*) my world up. I will step over your addict dying body in the street to feed your kids. I have to.
     
  14. johnmayo

    johnmayo New Member Past Donor

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    So are you willing to pay $15 an hour or do you plan for others to do what you are unwilling to do?

    What profits that justify it? Per person profits? Gross profits?

    Here is an article debunking the HuffPo numbers written by a leftist college student as a term paper:

    http://m.cjr.org/303546/show/3dc3f689385c40a23d3a7baeefc7e03a/?
     
  15. johnmayo

    johnmayo New Member Past Donor

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    Nonsense. Are you greedy for keeping your $630 a week while getting paid 100 times what those could get paid?
     
  16. RP12

    RP12 Well-Known Member

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    Little over the top eh?
     
  17. Hafez

    Hafez Banned

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    Im not surei understand your statement. Greed is not about income or income inequality. It is a state of mind that is devoid of empathy. You can be greedy and be poor but you cannot be wealthy and not be greedy. For instance Bill Gates is extraordinarily greedy. He even named his non profit after himself. Everything he does is for himself.
     
  18. Hafez

    Hafez Banned

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    That is how i feel. Perhaps massive wholesale pain is what the world needs to get perspective on what it means to be human and our purpose on this earth. We have become spiritually devoid and our penance is death.
     
  19. darckriver

    darckriver New Member Past Donor

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    It would seem that our purpose on earth is to function as an organized system of molecular interactions and then eventually go back to the disorganized state that existed before that one haploid cell experienced that fateful home invasion by that other squiggly little haploid maniac.
     
  20. Ctrl

    Ctrl Well-Known Member Past Donor

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    I am not sure I understand the question. Are you planning on flipping your own burgers or do you plan for others to do what you are unwilling to?

    It is a fair wage. What justifies it is people not living in poverty, eating taxes in subsidies, and what the market will bear. In the case of McDonalds... I have some experience. Not as an employee, but as clients of mine. I do things for various franchise owners. Anything from fixing the credit card system (because it costs them about 10k per day when one goes down) to installing actual theater seats in their home theaters. Well... they are better than theater seats... they have a lot of electronics in them... but each store pulls in an average of 4 million per year. A little more can go to labor so I don't have to (*)(*)(*)(*)ing pay it. 15 is not a huge ask. I believe in America, and American businesses. I like Australia, but I think we can kick their ass as business models go. They manage to pay their folks a minimum wage of 16.88. Are American businesses so mismanaged that they cannot compete with Australians?

    http://www.washingtonpost.com/blogs...-has-a-7-25-minimum-wage-australias-is-16-88/
     
  21. johnmayo

    johnmayo New Member Past Donor

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    You really think full time minimu wage should be higher then the median income? Those clients are rich huh? How much cash do you need to open a McDs again? 1.4 million? How many theatre seats can they get for that if they forego a bad investment and spend it on themselves?

    The CEO of McDs makes $6 per worker. Where do you think the money will come from?

    At $8 a burger I will flip my own or go to chilis and spend an extra $1.50.

    If you think it is a fair wage why don't you hire these people and pay it? Why must you make it illegal for them to take a job making any less? You will still be paying welfare to handle all the people who don't produce $15 an hour. The money won't come from trees they will be unemployed.
     
  22. johnmayo

    johnmayo New Member Past Donor

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    You can be wealthy and not greedy that is a silly statement. Lets break this statement down step by step.

    What is "wealthy" by your definition?
     
  23. Ctrl

    Ctrl Well-Known Member Past Donor

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    It is closer to 2 million.

    My clients make millions per year. They own anywhere from 4 stores at the lower end to 27 at the higher end. Most of their management practices come from on high... and owners find themselves relegated to finding good people to manage them on the ground who do not steal, and finding new locations that will bear out. That is really all they do. They are completely leashed by corporate unlike a normal business owner.

    Where do I think the money will come from? 5-10% of the revenue. Don't worry... they will still be millionaires. I just will not have to subsidize their employees. They will cry poor... don't get me wrong, and raise food prices... but not much. If a dollar menu burger costs 1.05, I guess I will have to scrounge under the car seat for a nickle.
     
  24. jackdog

    jackdog Well-Known Member

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    it is not what one has that makes one wealthy, it is what one values.

    For the low info crowd - example 2 kids

    (1) a kid whose parents have a lot of money buy him a new BMW for his 15th birthday
    (2) a kid who flips burgers and mows lawns saves up enough money to put a down payment on a '93 Civic

    which one would value his car the most?

    my ex wife never has a pot to pee in or a window to throw it out of because she wastes her money on leased cars, trips to Vegas and the latest fashions that she sees on the TV. However yet during the 30 years I have known her she is the greediest person I have ever met. If she won a 50 million dollar lottery she would spend it all in 2 years and still be miserable and unhappy. .She damn near had a stroke when I did a preemptive strike and established a trust fund for my daughter which the ex will never be able to touch a dime of
     
  25. conhog

    conhog Banned

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    Under MY plan, it would be $9.25 not $15, and no I wouldn't be giving the unemployed welfare. I'd be giving them a job or nothing.

    If you can't make yourself worth $9.25 an hour to an employer, then starve, I don't care. The ONLY thing I'm concerned with is making full time employment pay more than the welfare threshold. Anyone who doesn't make themselves worth that? Who cares.

    Now let me ask you a serious question.

    Does it not concern you in the least that McDonalds corporation is making videos ENCOURAGING its crew members to sign up for food stamps? I mean seriously?
     
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