Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Showing Original Post only (View all)Dunkin Donut CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage [View all]
This week, the New York Wage Board recommended that the state's fast food workers should make $15 per hour, which has been the rallying cry for the labor movement across the country.
The New York move was seen as a victory for workers in this industry, who are among the lowest-paid in the country.
Within a day, corporate America was on the attack, to stop the spread of this burgeoning national movement.
Dunkin Donuts CEO Nigel Traviswho previously held senior positions at Papa John's and Burger King, other low-wage employersappeared on CNN and decried the $15 minimum wage as absolutely outrageous. He went on to claim that the move will prevent his company from hiring more people and would affect small business and franchises. ................(more)
http://inthesetimes.com/working/entry/18277/dunkin_donuts_ceo_who_earns_10_million_claims_to_be_outraged_by_15_minimum
130 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Dunkin Donut CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage [View all]
marmar
Aug 2015
OP
But the total amount of labor hours needed to produce current output is static
StrongBad
Aug 2015
#68
Nope, my math is correct if you want to pay all employees equally performing the same position.
StrongBad
Aug 2015
#77
"If that were the case, why not increase the price on the least popular item by $100? "
Dark n Stormy Knight
Aug 2015
#83
Yeah. I know. Scary for some to think people will finally revolt against this "free market" BS.
Dark n Stormy Knight
Aug 2015
#97
Why do working men and women take their business to these companies? There are much better donuts
kelliekat44
Aug 2015
#4
While he is doubtless overpaid and minimum wage earners the reverse, CEO pay comparisons are always
whatthehey
Aug 2015
#6
Great idea! Let's pay the CEO $0 per year and distribute all his money equally to DD employees.
StrongBad
Aug 2015
#8
The article implies you're upset at the disparity between CEO and employee pay.
StrongBad
Aug 2015
#12
The point is that someone making that much an hour is in no place to call $15 a ridiculously high
gollygee
Aug 2015
#25
And they all collectively can decide to layoff workers rather than raise prices.
StrongBad
Aug 2015
#33
But if he gave away his entire salary that would translate to a whopping 3 cent increase per hour.
StrongBad
Aug 2015
#15
Dude, you have no idea what sort of skills and work ethic is required to run a company.
StrongBad
Aug 2015
#29
are you saying that severe income disparity is always the cost of doing business?
pepperbear
Aug 2015
#84
Dunkin Donuts stockholders would like to know why the CEO has been hiring unneeded employees.
ieoeja
Aug 2015
#13
Sorry, you get paid depending on your skills and what value you provide to an employer.
StrongBad
Aug 2015
#72
How about businesses thrive or fail based on their value to society? If your business can't succeed
Dark n Stormy Knight
Aug 2015
#79
That's why I support income tax and redistribution rather than market intervention.
StrongBad
Aug 2015
#80
Living wages are for Eurotards. Look to Bangladesh for a better example.
HickFromTheTick
Aug 2015
#18