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In 2021, Kempczinski's total compensation from McDonald's was $20 million. [27] In 2023, Kempczinski's total compensation from McDonald's was $19.2 million, or 1,212 times the median employee pay at McDonald's for that year. [28]
Kroc also focused on aggressive expansion, opening new restaurants across the United States and eventually in other countries as well. He became the owner of McDonald's Corporation in 1961 and was credited as its founder. [5] After retiring from McDonald's, he owned the San Diego Padres of Major League Baseball (MLB) from 1974 until his death ...
In 2005, Takano Hiroshi, a McDonald's store manager (tenchō) visited the community union Tokyo Kanrishoku Union (Tokyo Managers Union) to file a grievance against McDonald's over unpaid hundreds of overtime pay and employee misclassification.
A franchisee of fast food giant McDonald's has agreed to pay a teenage girl $4.4 million to settle her lawsuit over having been sexually assaulted by a Pittsburgh-area restaurant manager who was a ...
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McDonald’s is raising pay at 650 company-owned stores in the U.S. as part of its push to hire thousands of new workers in a tight labor market. The fast-food giant is also encouraging its ...
In South Korea, McDonald's pays part-time employees $5.50 an hour and is accused of paying less with arbitrary schedule adjustments and pay delays. [95] McDonald's former CEO, Steve Easterbrook, earned an annual salary of $1,100,000. [96] In 2015, Easterbrook had a base salary of $1.3 million and received $15.4 million in total compensation. [97]
After university, he trained as an accountant with Price Waterhouse. [4] Easterbrook first worked for McDonald’s in 1993 as a manager in London. In 2011 he left to become CEO of PizzaExpress and then CEO of Wagamama, two British casual dining chains, before returning to McDonald’s in 2013.