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Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage

 
1-2-Follow

User ID: 77312804
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01/23/2019 09:34 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Maybe start you own Donut company, you can call it Fair Wages Donuts or Fair Donuts if that's catchier, there you pay them a minimum of $15.

If you're lucky you get all the people that feel like you come buy your donuts?

I mean looks like you might have a market for that.
 Quoting: AltSwede


simplest and best solution to everyone who doesn't own a business but thinks they dictate wages of business owners.

Last Edited by 1-2-Follow on 01/23/2019 09:34 PM
My team color isn't red or blue. It's GOLD.

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R. Wordsworth

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01/23/2019 09:34 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
If I ran a business, I would divide the profits EVENLY among ALL employees every year. I wouldn't sit on my ass and collct MILLIONS of dollars for myself.
 Quoting: The Knowing One


Dunkin Donuts makes about 350 million per year in profit. If you divided that evenly among the employees, that would be a $2.72 per hour raise.

Do you understand now why the CEO is pissed???
 Quoting: R. Wordsworth


bump

Last Edited by R. Wordsworth on 01/23/2019 09:34 PM
brighteyes

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01/23/2019 09:35 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Greed = pays chicken feed to workers. justifies it by placing blame
1-2-Follow

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01/23/2019 09:35 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
If I ran a business, I would divide the profits EVENLY among ALL employees every year. I wouldn't sit on my ass and collct MILLIONS of dollars for myself.
 Quoting: The Knowing One


Dunkin Donuts makes about 350 million per year in profit. If you divided that evenly among the employees, that would be a $2.72 per hour raise.

Do you understand now why the CEO is pissed???
 Quoting: R. Wordsworth


bump
 Quoting: R. Wordsworth


he doesn't, but i'll answer, it's because it will take more than $2.72 to bump everyone up to $15, therefore this will cost the company more profits than they make, and result in bankruptcy.

then OP will be bitching he can't eat his donuts every morning.
My team color isn't red or blue. It's GOLD.

Truth is schilling in the empire of retards.

"Yep but for now we dub you toast guy." - AC520845

*PROCLAIMED PROPHET OF THE DOW* ®

Let me know when the climate STOPS changing, then i'll be worried.
R. Wordsworth

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01/23/2019 09:36 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
If I ran a business, I would divide the profits EVENLY among ALL employees every year. I wouldn't sit on my ass and collct MILLIONS of dollars for myself.
 Quoting: The Knowing One


Dunkin Donuts makes about 350 million per year in profit. If you divided that evenly among the employees, that would be a $2.72 per hour raise.

Do you understand now why the CEO is pissed???
 Quoting: R. Wordsworth


bump
 Quoting: R. Wordsworth


he doesn't, but i'll answer, it's because it will take more than $2.72 to bump everyone up to $15, therefore this will cost the company more profits than they make, and result in bankruptcy.

then OP will be bitching he can't eat his donuts every morning.
 Quoting: 1-2-Follow


bingo
brighteyes

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01/23/2019 09:38 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
wages don't mean shit anyway. The way the inflation is going in a year or two rent will be 2k a month.
bleep

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01/23/2019 09:39 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
$15 minimum starts this year for NYC. We shall see what happens to the Dunkins there.
R. Wordsworth

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01/23/2019 09:40 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
$15 minimum starts this year for NYC. We shall see what happens to the Dunkins there.
 Quoting: bleep


It will be 4 bucks for a large regular, and people will start making it at home.

Also, anyone who's doing roofing or digging ditches previously for $15 per hour or less is going to get a job at Dunkin Donuts, because it's way easier. And they will get them, because they'll work harder than the people who are doing the work now.

Last Edited by R. Wordsworth on 01/23/2019 09:42 PM
bleep

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01/23/2019 09:41 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
wages don't mean shit anyway. The way the inflation is going in a year or two rent will be 2k a month.
 Quoting: brighteyes


This basically. Seems like the more I make year by year makes absolutely no difference. Rent is astronomical.
Anonymous Coward
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01/23/2019 09:43 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Typical duty of a CEO...

They all sit on their ASS all day and do NOTHING!

NO physical labor whatsoever.

USELESS!
 Quoting: The Knowing One


Clearly, you have NO idea what a CEO’s purpose and function is.

His job is to continue to increase quarterly earnings per share for institutional stockholders.

If he fails to do that and produces consecutive losses, the board of directors will replace him with a CEO that will turn those numbers around.

.
bleep

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01/23/2019 09:47 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
$15 minimum starts this year for NYC. We shall see what happens to the Dunkins there.
 Quoting: bleep


It will be 4 bucks for a large regular, and people will start making it at home.

Also, anyone who's doing roofing or digging ditches previously for $15 per hour or less is going to get a job at Dunkin Donuts, because it's way easier. And they will get them, because they'll work harder than the people who are doing the work now.
 Quoting: R. Wordsworth


I’m in this position now. I just walked away from my job, I have one option making the same money for 1/2 the responsibility. Competitive market now, that’s for sure.
brighteyes

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01/23/2019 09:47 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Typical duty of a CEO...

They all sit on their ASS all day and do NOTHING!

NO physical labor whatsoever.

USELESS!
 Quoting: The Knowing One


Clearly, you have NO idea what a CEO’s purpose and function is.

His job is to continue to increase quarterly earnings per share for institutional stockholders.

If he fails to do that and produces consecutive losses, the board of directors will replace him with a CEO that will turn those numbers around.

.
 Quoting: Zovalex


not necessarily, think GE, think Ford...lol
spoof

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01/23/2019 09:49 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
So tired of this idea. You know who pays for the raise? Sure as hell not the company. The consumer pays for it. When that happens people start buying less which causes hours to be cut and they still aren't making any money. And why you think you are fighting a good fight, go out and go order yourself a fast food burger. Then when it takes ten to fifteen minutes for the service to get completed. Wonder if they are worth it.

And if you really want to dive in to this ask what other companies will be forced to do. To maintain good workers they will raise wages and prices Eventually this cycle completes with people screaming for a $20 minimum wage. Perhaps the market should set the wages and let people compete for the best wages. That drives productivity and wages.
aceswild

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01/23/2019 09:49 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
I get the whole argument against minimum wage and I understand the principles of capitalism. The thing is, it's getting harder and harder to defend the free market farce when the people at the top are all free to plunder and steal as they please. If we're not going to have an actual free market, it doesn't make sense to only punish the peasants.
godblessya!

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01/23/2019 09:51 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Any sane person knows that its only fair that the donut cook gets paid the same as the ceo running the multimillion dollar company since the responsibilities are nearly identical...

iamwith
 Quoting: 1-2-Follow


That isn't the issue.

The huge disparity is the issue.

Remember the middle class?

Can't seem to find too many who belong to it these days.

This above is one of the main reasons why.
God Bless You!

Of the increase of his government and peace there shall be no end
Isaiah 9:7

Wise men still seek Him.

And because **iniquity shall abound**, the love of many shall wax cold
Matthew 24:12

I do not give red.
godblessya!

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01/23/2019 09:56 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
No one should get $15 an hour working fast food. No one. Just automate and fire them all.
 Quoting: Icey


My mother bought a house in 1981, it was $18,000

Minimum wage was $3.35


When she moved out years ago is was worth well over $200K

A coke was a dime.

They had penny candy.


The current federal minimum wage is $7.25.

That's just a little over double what the minimum wage was almost 40 years ago.

Houses are 10-20 times higher than they were then.

So is everything else.

Except wages.


You people who think $15 an hour is excessive have absolutely drank the kool-aid.
God Bless You!

Of the increase of his government and peace there shall be no end
Isaiah 9:7

Wise men still seek Him.

And because **iniquity shall abound**, the love of many shall wax cold
Matthew 24:12

I do not give red.
LTHN.
Toward the Within.

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01/23/2019 09:59 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
[link to inthesetimes.com]

His most recent annual salary was $990,385. If you add in stock options and other non-salary benefits, his total compensation is calculated at over $10.2 million (or $4,887 an hour based on a standard 2,087-hour work-year).
 Quoting: The Knowing One


Just go make the coffee bitch.
 Quoting: Icey


cruise
Heed these words,
you who wish to probe the depths of nature:
if you do not find within yourself
that which you seek, neither
will you find it outside.
In you is hidden the treasure of treasures.
Know thyself and you will know
the Universe and the Gods.

~ Delphi Oracle
LTHN.
Toward the Within.

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01/23/2019 10:01 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
No one should get $15 an hour working fast food. No one. Just automate and fire them all.
 Quoting: Icey


My mother bought a house in 1981, it was $18,000

Minimum wage was $3.35


When she moved out years ago is was worth well over $200K

A coke was a dime.

They had penny candy.


The current federal minimum wage is $7.25.

That's just a little over double what the minimum wage was almost 40 years ago.

Houses are 10-20 times higher than they were then.

So is everything else.

Except wages.


You people who think $15 an hour is excessive have absolutely drank the kool-aid.
 Quoting: godblessya!


Sad but true, good wake up message.
Heed these words,
you who wish to probe the depths of nature:
if you do not find within yourself
that which you seek, neither
will you find it outside.
In you is hidden the treasure of treasures.
Know thyself and you will know
the Universe and the Gods.

~ Delphi Oracle
godblessya!

User ID: 73057868
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01/23/2019 10:10 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
No one should get $15 an hour working fast food. No one. Just automate and fire them all.
 Quoting: Icey


My mother bought a house in 1981, it was $18,000

Minimum wage was $3.35


When she moved out years ago is was worth well over $200K

A coke was a dime.

They had penny candy.


The current federal minimum wage is $7.25.

That's just a little over double what the minimum wage was almost 40 years ago.

Houses are 10-20 times higher than they were then.

So is everything else.

Except wages.


You people who think $15 an hour is excessive have absolutely drank the kool-aid.
 Quoting: godblessya!


Sad but true, good wake up message.
 Quoting: LTHN.


People don't realize that we are still serfs. We've never left the feudal system.

For a very short time we had a burgeoning middle class and life was good.

Then that middle class started shrinking.

And the rich got richer.

And the poor got poorer and more numerous.

And little by little it increased.

But those still in the middle class and unaffected didn't care and don't care, and think everyone else is stupid and deserves low wages.

Listen to Martin Niemoller's litany of woes about who they came for, because just like that, the vanishing middle class will vanish. And there will be nobody left to help anyone.

Construction workers getting $15 an hour is also a travesty btw.

People are sheep and this time, without the apocalypse or a giant cataclysm, there can be no french revolution to even things out.
God Bless You!

Of the increase of his government and peace there shall be no end
Isaiah 9:7

Wise men still seek Him.

And because **iniquity shall abound**, the love of many shall wax cold
Matthew 24:12

I do not give red.
JFKdemocrat

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01/23/2019 10:10 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
[link to inthesetimes.com]

His most recent annual salary was $990,385. If you add in stock options and other non-salary benefits, his total compensation is calculated at over $10.2 million (or $4,887 an hour based on a standard 2,087-hour work-year).
 Quoting: The Knowing One


CEO's don't work 40 hours a week....usually 80+ and even then they are tied to work 24/74 365.

You want a six figure income for doing nothing become a congressman.

Last Edited by JFKdemocrat on 01/23/2019 10:11 PM
time to drain the swamp, release ALL OBOZO RECORDS.
R. Wordsworth

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01/23/2019 10:11 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
You people who think $15 an hour is excessive have absolutely drank the kool-aid.
 Quoting: godblessya!


If you took 100% of the profit that Dunkin Donuts makes, it wouldn't be enough to pay all their employees $15 per hour.

So where's the money gonna come from? Would you go to Dunkin Donuts if a large regular was $6.00?
diverdan01

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01/23/2019 10:17 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
what happened to learning a skill, developing a career and moving up to be a CEO. Instead of being jealous of outrageous hourly wages, why not try to be one yourself.
TheSuperMarket

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01/23/2019 10:23 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
This is a difficult issue.

The people who are against raising the minimum wage to $15/hr I think believe that raising the mininum wage means giving more money to the employees. While "technically" it does give a higher dollar amount to employees, it doesn't give more purchasing power than what minimum wage has historically amounted to.


Everyone who has an opinion on this issue should go look at the chart that shows the value of $100 in 1913, compared to the years beyond. $100 in 1913 is around $3,000 today.

No American should be working a full-time job, 40+ hours a week, and unable to afford the absolute cheapest options of shelter/food.

Any American that is willing to spend 40 hours a week working for someone else, should in the very least be able to afford shelter and enough food to not suffer health consequences from malnutrition.


I live in Georgia, and the minimum wage here is 5.15 an hour. Its the lowest in the COUNTRY. It is so low, that the federal minimum wage of 7.25 actually overrides the states minimum wage.

Even Moe's , which is a fast food burrito place, pays their part time workers $11/hr.




To me, the actual dollar amount of minimum wage is irrelevant. What the government needs to do is determine what the cost of living is, and require a minimum wage of FULL TIME jobs to cover the BARE MINIMUM of living expenses.

If the business can't afford to pay its full-time employees enough to provide shelter/food for themselves, then perhaps the business just shouldn't exist.
godblessya!

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01/23/2019 10:27 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
You people who think $15 an hour is excessive have absolutely drank the kool-aid.
 Quoting: godblessya!


If you took 100% of the profit that Dunkin Donuts makes, it wouldn't be enough to pay all their employees $15 per hour.

So where's the money gonna come from? Would you go to Dunkin Donuts if a large regular was $6.00?
 Quoting: R. Wordsworth


That's not the issue. Wages have been suppressed for years and prices have been artificially suppressed for years. People should be paid a fair wage across the board and prices would go up to be sure, but part of that should also be a reduction in the obscene salaries paid out. It is not just the CEO making that type of money, there are always several there, and no, he is not worth that much, just like the sports figures and entertainers are not worth that much. But

I do not hold out hope for any change as people are sheople and they will defend those who prey on them until the bitter end. Minimum wage is barely more than double that of 40 years ago. 40 years?! You see nothing wrong with that picture and try to defend the system as it stands? Really?
God Bless You!

Of the increase of his government and peace there shall be no end
Isaiah 9:7

Wise men still seek Him.

And because **iniquity shall abound**, the love of many shall wax cold
Matthew 24:12

I do not give red.
TheSuperMarket

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01/23/2019 10:29 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
what happened to learning a skill, developing a career and moving up to be a CEO. Instead of being jealous of outrageous hourly wages, why not try to be one yourself.
 Quoting: diverdan01


Nothing is wrong with that, but you aren't going to have 300 million CEOs in America. EVERY business needs workers, and workers should be able to afford shelter and food.

Not everyone wants to be a CEO. Many people are content with simple lives, working manual labor jobs @ 40 hours a week. There is nothing wrong with this at all - it is a good honest path.


You have to understand, humans for the most part have always been hunter gatherers, or farmers, or craftsmen. Some people are happy finding a simple trade or job and sticking with that, and spending the rest of their time with family or enjoying life. It is getting to a point today unfortunately where the middle class is slowly disappearing.


I don't believe raising the minimum wage is the solution. I think its just something that needs to be done due to inflation. Raising the minimum wage isn't necessary people people who make minimum wage deserve more, its necessary because now minimum wage, or even $15/hr in many cases just isn't enough to survive on.


Again, I fully agree that raising the minimum wage isn't the solution, and you can't just keep raising it arbitrarily. It has to be consistent with purchasing power and inflation.

However, we do need to find a solution to the dwindling middle class. Hopefully someone much smarter than me will figure that one out
Ms. Hallgrim

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01/23/2019 10:35 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Remember when minimum wage jobs were just jobs people did in highschool, or a side job while in college? Now we live in a time where people depend on them for their very livelihood and even their family's. Crazy times. When did it change?
"We answer the questions they give us, we don't think up new questions". - Frida
R. Wordsworth

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01/23/2019 10:43 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
You people who think $15 an hour is excessive have absolutely drank the kool-aid.
 Quoting: godblessya!


If you took 100% of the profit that Dunkin Donuts makes, it wouldn't be enough to pay all their employees $15 per hour.

So where's the money gonna come from? Would you go to Dunkin Donuts if a large regular was $6.00?
 Quoting: R. Wordsworth


That's not the issue. Wages have been suppressed for years and prices have been artificially suppressed for years. People should be paid a fair wage across the board and prices would go up to be sure, but part of that should also be a reduction in the obscene salaries paid out. It is not just the CEO making that type of money, there are always several there, and no, he is not worth that much, just like the sports figures and entertainers are not worth that much. But

I do not hold out hope for any change as people are sheople and they will defend those who prey on them until the bitter end. Minimum wage is barely more than double that of 40 years ago. 40 years?! You see nothing wrong with that picture and try to defend the system as it stands? Really?
 Quoting: godblessya!


If you take the CEOs salary, it's a $0.08 per hour raise for the 67,000 employees of Dunkin Donuts.

When this CEO took over, he grew the company by something like 65%.

So tens of thousands of those workers would not even have a job if not for him, is that not worth them making $0.08 less per hour?

1dunno1
Apep

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01/23/2019 10:49 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
No one should get $15 an hour working fast food. No one. Just automate and fire them all.
 Quoting: Icey


LOL, you ever work a fast food or retail job?

The whole automated thing has to contend with these people:

A. Those who don't understand how to use self-checkout or the kiosk at McDonald's (and there's always someone there to help these imbeciles when they inevitably fuck something up, no matter how user friendly they make them).

B. The "I won't use self-checkout because if I'm gonna be cashiering, I should be getting paid."

C. Think automation kills, and steals jobs from actual people so they don't support it.
godblessya!

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01/23/2019 10:59 PM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
No one should get $15 an hour working fast food. No one. Just automate and fire them all.
 Quoting: Icey


LOL, you ever work a fast food or retail job?

The whole automated thing has to contend with these people:

A. Those who don't understand how to use self-checkout or the kiosk at McDonald's (and there's always someone there to help these imbeciles when they inevitably fuck something up, no matter how user friendly they make them).

B. The "I won't use self-checkout because if I'm gonna be cashiering, I should be getting paid."

C. Think automation kills, and steals jobs from actual people so they don't support it.
 Quoting: Apep


It will be done. Automation is coming. China is already way ahead of us, young people like it as this is what they've been groomed into, and people like us and our wants and desires will not be relevant.
God Bless You!

Of the increase of his government and peace there shall be no end
Isaiah 9:7

Wise men still seek Him.

And because **iniquity shall abound**, the love of many shall wax cold
Matthew 24:12

I do not give red.
Apep

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01/23/2019 11:00 PM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
$15 minimum starts this year for NYC. We shall see what happens to the Dunkins there.
 Quoting: bleep


It will be 4 bucks for a large regular, and people will start making it at home.

Also, anyone who's doing roofing or digging ditches previously for $15 per hour or less is going to get a job at Dunkin Donuts, because it's way easier. And they will get them, because they'll work harder than the people who are doing the work now.
 Quoting: R. Wordsworth


Bro, I have worked at Dunks and I have done roofing (and much other construction), and I can tell you right now that if dunks paid even what I was making doing that (which was more than $15), I'd still pass on working there.