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

 
bleep

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01/24/2019 12:12 AM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
The article is about 15 $ in NYC not nationwide. All this 7-8 cents more per employee per hour bullshit is a moot point. NYC. Where the rent is too too damn high. I don’t know if it’s worth any time defending billionaires or the people who continue to live in that rat trap. Simpler solution, albeit still hard, is to gtfo of there entirely.
Prophet & Madman

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01/24/2019 12:12 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
This is an old article, but I found it very funny:

[link to www.usw.org (secure)]
 Quoting: The Knowing One


Simple solution: don't work there.
I am withholding information that can save lives. Ask me a question
1-2-Follow

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01/24/2019 12:15 AM

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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


ok genius, describe his responsibilities in detail
 Quoting: GotoHeck


How the fuck would i know?

But i do know that im a manager, and i get paid more due to having more responsibilities than the people i manage.

So that times a couple million and thats what he is responsible for

Last Edited by 1-2-Follow on 01/24/2019 12:16 AM
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bleep

User ID: 52923498
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01/24/2019 12:16 AM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
The article is about 15 $ in NYC not nationwide. All this 7-8 cents more per employee per hour bullshit is a moot point. NYC. Where the rent is too too damn high. I don’t know if it’s worth any time defending billionaires or the people who continue to live in that rat trap. Simpler solution, albeit still hard, is to gtfo of there entirely.
 Quoting: bleep


Also. Is 67,000 employees accurate? If so we’ve got thousands of those people doing corporate jobs definitely making over $ 15. So you don’t need to factor them into getting a raise.
GotoHeck

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01/24/2019 12:19 AM
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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


ok genius, describe his responsibilities in detail
 Quoting: GotoHeck


How the fuck would i know?

But i do know that im a manager, and i get paid more due to having more responsibilities than the people i manage.

So that times a couple million and thats what he is responsible for
 Quoting: 1-2-Follow


well that is the common sense logic of normal hardworking people.

who don't understand how organized crime works.

GotoHeck

User ID: 77313289
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01/24/2019 12:24 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
it's true, the working man IS the tough guy.


the lazy effeminte faggot slave traitors are the pampered class of deceivers and bamboozlers.

they know you love to work hard because it gives your life purpose, gives you a sense of accomplishment and they love to ride your coattails, til they start to really hate you and abuse you and see how much they can steal from you, they start to despise you because you let them abuse you
Jesus Christ Is God Almighty!

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01/24/2019 12:39 AM
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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


If you took his entire salary of 10 million and divided it equally to all 67,000 employees of Dunkin Donuts... they would get an 8 cents per hour raise or about $150 more per year.

I can see why he's pissed... meanwhile, without a CEO, would Dunkin Donuts make enough money to pay $15 dollars an hour to someone who makes coffee?
 Quoting: R. Wordsworth


The problem is that you are taking HIS salary and divinding it among his employees. The CEO is NOT the company. The company earns the money and the company pays its agents, employees and CEO. The company has holdings far more than the CEO is given as salary. The CEO can keep his salary and the company can take a hit in its net profit. And btw taking "a hit" is only comparable to previous earnings when the company didn't give a damn about living wages, meaning even if their bank numbers are taking a hit they're ALL still making a profit - no one should complain.
Almost all of it doesn't matter. Its a distraction from what's important which is your soul. If tomorrow is the last day of your life what is important?
Therefore seek God Jesus and not the drama of the fallen world. It will not be important in the end, only you. If you can avert your priority and attention to your salvation then do that and let someone else be passionate about the cares of the world. Be selfish and serious about your eternal life. Its all a distraction from that.

If you want to forgive everyone and treat everyone equal with true love, despite how you feel, then verbalize this prayer:
Jesus Christ, I accept you as my Lord and my God, the only 1 God, and I put my trust in you to save me from my sins. Please forgive me for every wrong thing that I've ever done according to you. Give me the gift of your Holy Spirit and bless my body and atmosphere and presence. Help me stop all sins and unrighteousness. Thank you Jesus amen.

I might disagree with you but I still care about you deeply.

Jesus bless you! He is the living God!
GotoHeck

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01/24/2019 01:16 AM
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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


If you took his entire salary of 10 million and divided it equally to all 67,000 employees of Dunkin Donuts... they would get an 8 cents per hour raise or about $150 more per year.

I can see why he's pissed... meanwhile, without a CEO, would Dunkin Donuts make enough money to pay $15 dollars an hour to someone who makes coffee?
 Quoting: R. Wordsworth


well finally someone makes a valid point

like in the movie office space, if they just round off all the transactions......and steal all the fractions of pennies...they'll make millions
Arawn

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01/24/2019 02:06 AM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
donuts
Didyabringyabongalong​

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01/24/2019 02:18 AM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
The good CEO, running a company that employs 67,000 people and adds value to shareholders investments, will be well paid. A shitty CEO will mess up and for ex. 10,000 jobs may have to get cut, the company might lose ground to competition and decline in value.

Last Edited by Didyabringyabongalong on 01/24/2019 02:19 AM
.


Is there an 8-dimensional "engine" behind our universe?
[link to youtu.be (secure)]


The Fingerspitzengefühl is strong with you, but you are not a Jedi yet.
Tastes Like Gibberish

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01/24/2019 02:37 AM
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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


I've known some. They mostly play golf DURING workdays. They are out there making the big, tough, decisions and making connections and taking half day lunches. Gimme a break.
Tastes Like Gibberish

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01/24/2019 02:38 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
The good CEO, running a company that employs 67,000 people and adds value to shareholders investments, will be well paid. A shitty CEO will mess up and for ex. 10,000 jobs may have to get cut, the company might lose ground to competition and decline in value.
 Quoting: Didyabringyabongalong


Some companies are cash cows and run virtually on autopilot. You would have to try to run it into the ground
Arawn

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01/24/2019 02:40 AM

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donut

Last Edited by Arawn on 01/24/2019 02:40 AM
Tastes Like Gibberish

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01/24/2019 02:40 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
The CEO is usually A.) one of the founders or B.) the top sociopath.
Didyabringyabongalong​

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01/24/2019 05:33 AM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
The good CEO, running a company that employs 67,000 people and adds value to shareholders investments, will be well paid. A shitty CEO will mess up and for ex. 10,000 jobs may have to get cut, the company might lose ground to competition and decline in value.
 Quoting: Didyabringyabongalong


Some companies are cash cows and run virtually on autopilot. You would have to try to run it into the ground
 Quoting: Tastes Like Gibberish


Yes that might be the case for some but not likely the majority. Even those cash cows will have had to work hard to get to that position which would have largely been dependent on good management in early years.

Speaking of trying to run it into the ground, we may have witnessed some examples of this recently. Gillette comes to mind. Also Disney investing $4bn in Star Wars and totally cocking that up are just a couple that come to mind. Get woke, go broke.
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Is there an 8-dimensional "engine" behind our universe?
[link to youtu.be (secure)]


The Fingerspitzengefühl is strong with you, but you are not a Jedi yet.
nacho daddy

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01/24/2019 05:55 AM
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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


If the donut cooker cannot produce a product that people will pay to eat the CEO becomes irrelevant. Its the same with a restaurant cook. If his food sucks people will stop coming.
HarshingMyMellow

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01/24/2019 06:09 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
If you get off on socialist bs, your probably going to need to move.

He will probably have to close many stores, rearrange his staff and cut many jobs.
======================================
"I am sorry to see you here, but if you had fought like a man, you needn't be hanged like a dog." - Anne Bonny
oasisjack

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01/24/2019 06:21 AM
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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


Funny..
Nobody except communists would say something like that.

You CAN be filthy rich and still give a decent salary to your employees.
 Quoting: Draugen


Depends on the definition of decent. The rule of thirds is what governs business. If an employee makes 10 an hour he needs to produce a minimum of 30 dollars an hour production. After you factor in taxes, insurance and workmanship comp a 10 dollar per hour employee actually costs around 13-15 per hour. 15 per hour does not include the cost of resources used to fulfill the role but we will say for a low end 5 bucks per hour in resources. So in reality a 10 dollar employee is really a 20 dollar employee which means the company makes only 10 bucks in one hour if the employee is hitting 30 dollars an hour in production (he's most likely not) realistically he's only hitting 22-25 an hour in productivity.
im the new cancer.
DWarro

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01/24/2019 08:30 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Ceo's pay is determined by negotiation between him and the board that represent company ownership.

Who do you think owns the shares? Institutional investors represent small people too. Pensioners and alike are the owners. It is up to them, not you.

And besides, any investor big or small, is risking their capital by holding it in the form of those shares, hence they are entitled to make a return. Perhaps they made the capital to invest through hard work and saving? But you're entitled to take it right? So when you work hard and save a bit can I take yours?

OP your politics are those of envy. A dunkin donuts front line job is not meant to be a career and it would be imbecilic to believe it is. It is a stop gap as low end jobs are. Try taking advantage of the incredible upward mobility the statistics prove exist in your country. If you are unable, as some undoubtedly are, consider your insistence upon high taxes on people and your demand that everyone must provide for you at the level you want could be the reason people are not more charitable. If you require the grace of others, humility is the place to start. Insistence and force will just get you told to f off and perpetuate your situation. Americans are happy to help each other get started and get a leg up.. that's what it's all about.

You complain wages have only risen x over the past 40 years. Do you consider that the policies you are advocating, namely further subsidisation and therefore the skewing of natural market forces, have all increased over that timeline. Do you consider that with these suggestions and policies you are perpetuating the problem you are trying to irradicate? Wages increased much faster before the before culture no? Correlation does not equal causation, but given many make an argument that in this case it does, and there seems to be a lot of data driven evidence, not anecdotal, perhaps it does? What say you? What makes you think you are right this time!? Everyone is stupid but you right??

Do you believe rich people are inherently evil or something?

Fyi I am not financial rich.

But I do object to your intention to destroy a system that has lifted millions of people out of poverty. I object to your intention to destroy a system that has given americas poor a far greater quality of life than ever before. That system is lifting everyone all the time. It is the people earning the most that are doing the most of the lifting. The fact that people at the top go even higher and faster, is irrelevant, and is purely their bonus for adding so much value. Work hard, think hard whatever.. You can be one of those top people.. there is equal opportunity to secure those market participants roles. You just have to adjust behaviours.

Just because you cannot see what value people add does not mean it's not there. They hold Cash in the bank .. no value? Incorrect. The bank invests, or securitises it to lend off it.. helping someone else get startedwith a business loan etc. Even cash under the mattress means a small reduction from active money supply therefore applying upward pressure on remaining money circulating. But mostly they invest in new projects.. And who cares if it's to get richer since he is creating opportunities for people further down. He is not the sole beneficiary of his pay packet, and frankly if he grew it like the figures suggest, he added so much value to market participants I.e share.holders and workers, that he deserves it.

Value comes in all sorts of forms. It can simply be a new idea, not just physical labour.

And what about research money? Spend 100 mil researching a drug, only for it to be discovered worthless. But another time it may be a success. Who is going to do things like that, take such huge risks, if they are unable balance the risk with a potential reward? The answer is no one. And the government certainly can't.. imagine your outcry if they lost 100 mil lol. It simply has to come from the private sector.

The rich person spends benefiting others, and pays it on. And they pay all the taxes nearly to provide the services for everyone else. And they still probably give to charity on top even tho they're already forced to give up half their earnings.

You want to help people, quit moaning, work hard, get rich and add the value that helps those people you speak of. You may have good intentions, but currently you are harming them not helping.

You can do it. If you want what others have, find a way to earn it. You do not get to take it, and you do not deserve it for doing nothing. Glazing a donut is not really having the same impact on people's lives as the creation of 20000 jobs is it. That is where the value disparity comes from.

If you get your min wage, the price just goes up on that item and you're in the same position in relative terms. And not just that, you price yourselves out of luxury goods markets such as these.. not the rich people, thus lowering your living standard. Get out of your own way op, you are your own enemy. Wealthier people try to help you, yet you double down on hurting yourself...

You may want to look for a solution instead. The solution is right in front of you and always has been.

Wrote this quick. Apologies if disjointed. Hopefully u get the gist.
DWarro

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01/24/2019 08:34 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
And yeh it takes a wall of text sometimes to get through to people, or get them or shut up with helpful comments lol.

But look at all that industrious effort to write that. We call that value. I'm not even asking for anything in return...

There is value in many things aside from.glazing donuts and the physical building or production of a product.
DWarro

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01/24/2019 08:47 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Meant unhelpful comments not helpful loool
Dee49

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01/24/2019 09:07 AM
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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


On years where there are company losses would you divide that as well and ask all the employees to share in it? Would you hold your own paycheck when you there isnt money in the bank to pay all bills? Would you work hours on end and then have a restless night because of worry? Would you miss family events because of your responsibility?

We have over a 150 employees and idiots like you are a poison and one of the reasons I would love to say “why the hell should I care about providing jobs for others when I could easily chuck it and go work for someone else and make far more money with way less headache.”

Your mentality will keep you at a minimum wage job. By the way that $15 per hour will never be what you imagine because every thing you currently pay for is going to cost you a lot more. It is called trickle down.
HarryLongwood

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01/24/2019 09:22 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
I see all the Bernietards are out in force on this post.

You idiots think that the skill set of ringing a cash register should be compared to running a company with 850M in gross sales approx 1200 employees over 19000 stores. Not only that must keep investors happy maintain a profitable business in an economy that is changing at a rapid pace.

But But But...... it aint fair that La Shonda don't make no money and evil white man make so much......

Guess what, if CEO sucks and they lose money La Shonda aint got no job.
HarryLongwood
spoof

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01/24/2019 10:22 AM

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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.
 Quoting: TheSuperMarket


So apparently Georgia doesn't need a minimum wage law if fast food joints are already paying above the minimum wage. This is the case in Ohio as well. So if the market has determined its too low to adequately staff then the market is doing its job. Bottom line is Burger flipping at mcdonalds is not designed the be a career. It's a starter and finishing job
1-2-Follow

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01/24/2019 10:25 AM

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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


If the donut cooker cannot produce a product that people will pay to eat the CEO becomes irrelevant. Its the same with a restaurant cook. If his food sucks people will stop coming.
 Quoting: nacho daddy


ah yes, the all important donut chef. just like the french fry chef at mcdonalds, right?
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.
DWarro

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01/24/2019 10:30 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
You no doubt see from my posts I believe capitalism is beneficial and that I vehemently support it. That doesn't mean I don't think a min wage is needed at all, but it's intended to just catch those falling through the net where the market doesn't move fast enough.

We cannot reward bad decisions over and over tho. I feel the min wage is prob too high tbh, and u would have th show data as to why it needed to be so high. My thought is that it is bad habits thatvperpetuate this cycle. U know what mcds a d Dunkins products are? They're luxuries. Yet every time I go, the clientele is seemingly at the poorer end. I can feed a family of five a good meat and and veg meal, sources from a high quality butcher, for the price of a large bug fast meal.

Ops prob is he thinks luxuries are his right and he ignores the opportunity cost that home he made better choices he could save and invest to gain greater income, pay for training or whatever.
DWarro

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01/24/2019 10:38 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Large big tasty meal I meant.. not bug fast as autospelljng correct though..
DWarro

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01/24/2019 10:47 AM
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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Ceo's job is to ensure ALL cookers of donuts follow company procedure to produce edible produce to company standard. What the chef (lol) thinks is irrelevant. But the ceo is accountable for all. If he doesn't ensure standards company can get sued in many situations. If company gets sued yet has mandated ceo to act in way yet he isn't and therefore they've been sued, company can fire ceo and sue him. It's called fiduciary responsibility.

Ceo is exposed to huge risk. And is compensated for it, as he should be. Or there will be no ceo's.

U may think you would be different in that situation yet u may change your mind if u got sued don't you think again. U may think u would accept less pay.. do u think ceo pay does not take into account the potential for their lawsuit exposure And how much they could lose financially? Rewards must always offset the risk.
mahownlittlebunnyrabb​it

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01/24/2019 10:54 AM
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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


Those stock options are not worth a dime unless he exercises them. If he were to sell them all at once the stock would be worthless. So his 'compensation' is in part an illusion.

However...

Do the math.

Stripping back his 'salary' would add an extra dollar an hour to 4800 employees out of how many thousands?
I'm gonna name him George
Cardiak

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01/24/2019 10:55 AM

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Re: Dunkin’ Donuts CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage
Dunkin’ Donuts employs approximately 270,000 people world wide. If the CEO made 10.2 million (90% based on stock options from his good/profitable decisions) that means that if he made zero salary or stock options and that money was equally distributed each employee would make an additional 0.72 cents each week.

Stop pretending like CEOs aren’t worth what they make, they make a tiny fraction of a companies earnings and every decision they make has the potential to be ruinous or profitable and they need skin in the game

[link to www.bostonjobsource.com]

Last Edited by Cardiak on 01/24/2019 10:58 AM