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Panera founder says employees aren't motivated by the idea of making money for shareholders: 'Nobody cares'

Winston

Winston

the enemy within
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Winston said:
Okay, the more I read, the owner doesn’t seem to be complaining about this.

I thought he was complaining that they should care
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He's still a dipshit to be honest.
"No employee ever wakes up and says, 'I'm so excited. I made another penny a share today for Panera's shareholders,'" Shaich told Business Insider in an interview. "Nobody cares. You don't care whether your CEO comes or goes."
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True! Let's see what his solution is.

Shaich said that he believed a key part of good management is connecting with and understanding employees and that he is a big proponent of therapy.
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🤡

Listen, I'm all here for therapy. But managers "connecting with" employees only gets you so far and can easily go into the dangerous "we think of our business as a family" mindset.

Things like a lower ratio of management/worker pay, stock options, or offering better pay/benefits that similar businesses are way more likely to motivate employees and make them invested in the success of the company.
 
Winston said:
www.businessinsider.com

Panera founder says employees aren't motivated by the idea of making money for shareholders: 'Nobody cares'

Panera's founder says "therapists belong in the C-Suite" and can help CEOs understand workers' motivations.
www.businessinsider.com www.businessinsider.com

View attachment 67485471

Lmao. These CEO, millionaire types are so out of touch with what it’s actually like to work for their own companies
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Maybe if they offered their best employees some share options or a Restricted Stock Offer, they would care.

My company does both along with monetary bonuses, and we can buy stock at a discount, or as part of our 401(k).
 
samiam5211 said:
Employees care as much about shareholders as shareholders care about employees.

Shareholders probably find that offensive.
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Per the offensive part, often times you are correct, there seems to be a sense of entitlement among shareholders for stuff like this.
 
Been to Panera two, possibly three times, never caught on with me. Too much avocado toast vibe to suit my taste.
 
Rexedgar said:
Been to Panera two, possibly three times, never caught on with me. Too much avocado toast vibe to suit my taste.
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I stopped eating there because its overpriced for what you get and for whatever reason I am often still hungry after eating their meals.
 
In other news, a study has found that nine out of ten dogs respond positively when a hamburger is dropped on the floor. The other one was asleep in a different room.
 
In other news water is wet
 
Winston said:
www.businessinsider.com

Panera founder says employees aren't motivated by the idea of making money for shareholders: 'Nobody cares'

Panera's founder says "therapists belong in the C-Suite" and can help CEOs understand workers' motivations.
www.businessinsider.com www.businessinsider.com

View attachment 67485471

Lmao. These CEO, millionaire types are so out of touch with what it’s actually like to work for their own companies
Click to expand...
Oh, it’s a problem of motivation. What’s he doing the motivate employees to work for the shareholders? Is he threatening their job? That’s only going to make them work hard enough not to get fired.
 
Winston said:
www.businessinsider.com

Panera founder says employees aren't motivated by the idea of making money for shareholders: 'Nobody cares'

Panera's founder says "therapists belong in the C-Suite" and can help CEOs understand workers' motivations.
www.businessinsider.com www.businessinsider.com

View attachment 67485471

Lmao. These CEO, millionaire types are so out of touch with what it’s actually like to work for their own companies
Click to expand...

Why would hourly workers care about the oligarch owners/investors? They don't live to serve those people.

They care about getting paid. That's the reason they do the job. Good management means keeping the workers happy with good working conditions and acceptable wages / benefits.

The workers are never going to care about the shareholders. Forget expecting them to. Ever.

Talk about overthinking it.
 
Do you have career aspirations or it it just a job? If you have career aspirations then you want to be in a industry/company that has growth. When the pyramid gets larger everyone gets to move up. If you consider it 'just a job' then that's exactly what you'll get.
 
Panera has always struck me as cheap canned soup served in ridiculous “bread bowls” in an environment that is trying desperately to be a pretentious cafeteria.

Oh…and the proverbial “we are making you attend a meeting during lunch, so we catered this cheap crap” vibe.
 
samiam5211 said:
Employees care as much about shareholders as shareholders care about employees.
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Thank you for nailing the topic in that statement. The only difference is, the owners are shocked, shocked, that the virtual slaves aren't dedicated to the wealth of the owners primarily, as slaves should be. It's a very 'entitled' view. Of COURSE they are entitled to nearly all the wealth thousands of other people can create. They're the owner!
 
The natural condition of capitalism is slavery (ideologues wanting to blather about free markets and labor can go away). The next best thing for capitalism is 'slave wages', where workers do as much as possible, for as little as possible.

Various things mitigate that to be more benevolent, but it doesn't change what they would prefer were it possible. Nearly all of it concessions Democrats won over the opposition of Republicans. It's pretty much an eternal battle for how society should award and create riches.
 
Winston said:
Okay, the more I read, the owner doesn’t seem to be complaining about this.

I thought he was complaining that they should care
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But WHY?
 
BirdinHand said:
Panera has always struck me as cheap canned soup served in ridiculous “bread bowls” in an environment that is trying desperately to be a pretentious cafeteria.

Oh…and the proverbial “we are making you attend a meeting during lunch, so we catered this cheap crap” vibe.
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It flat out does not taste good
 
poweRob said:
Those pizzas are nasty.
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I only ever eat the soup, salad, and sandwiches.

It’s pretty basic stuff but, then basic stuff is hard to screw up.
 
Winston said:
I have no idea to what purpose these comments were made
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It's one of those "NoBoDY wAnTS TO WoRk!" things.

Some employers just haven't figured out that it's an employees market right now, and instead they have decided that their business models are failing because retail employees don't care about the stockholders. Well, NO SHIT, they never have, and no reasonable person would expect that they would.
 
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