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I think the bigger issue is the 500 mil/quarter stock buybacks and the several million compensation packages for the executives than the burger flipper wanting
by ToucanLoucan 11mo ago
I think the bigger issue is the 500 mil/quarter stock buybacks and the several million compensation packages for the executives than the burger flipper wanting enough money to make it worthwhile to leave their house.
- geraldwhen 11mo agoMcDonald’s is a franchise. Franchise owners bear the burden of employee and goods costs.
- anticorporate 11mo agoFranchise owner also bear the burden of franchise fees, which pay for these exorbitant executive compensation packages.
- ToucanLoucan 11mo agoAnd they've been complaining for decades at this point that corporate is failing them. Not enough new products, bad business and advertising strategies, store renos, the list goes on. The burger flipper making a lot more money is doing a lot more for their franchisee's than the executives are as of late.
- boringg 11mo agoThe exec comp is a rounding error compared to the other costs of the business.
- JPKab 11mo agoThe numbers are interesting when you run them. https://chatgpt.com/share/6920afb3-5f84-8008-827d-907e5f0a0a0c https://chatgpt.com/share/6920afb3-5f84-8008-827d-907e5f0a0a...