Make $100,000 Working at Taco Bell

[OfTheCross]

Yum! Brands EBITDA 2006-2019 | YUM

Wanted: Restaurant manager. Competitive salary: $100,000.

The six-figure sum is not being offered at a haute cuisine location with culinary accolades, but at fast-food chain Taco Bell. Amid an increasingly tough U.S. labor market, the company is betting a higher salary will help it attract workers and keep them on the team.

The Yum! Brands Inc.-owned chain will test the higher salary in select restaurants in the U.S. Midwest and Northeast, and will also try a new role for employees who want leadership experience but don’t want to be in the management position. Current salaries for general managers at company-owned Taco Bell stores are between $50,000 and $80,000, according to the company.

a screenshot of a cell phone: A stubbornly low jobless rate is forcing companies to get creative with pay
© Bloomberg A stubbornly low jobless rate is forcing companies to get creative with pay
It’s another example of how stubbornly low unemployment is changing the face of fast food, which for decades has been seen as the quintessential low-wage job. Restaurants including Olive Garden owner Darden Restaurants Inc. and Shake Shack Inc. have recently called out labor inflation that’s hurting margins.

You Can Now Make $100,000 Working at Taco Bell

 

[lamont614]

Sign me up I’m in the midwest

 

[Savvir]

Obviously the restaurants make enough to pay for this salary. .

Looks like the preconceived notions of fast-food work were never based on the actual value the worker brings when it comes down to the numbers

 

[Doobie Doo]

And I would make the best tacos you muthafukkas ever ate for 100K. Nikkas be asking me to add water to that dry dog food they call seasoned beef but for 100K I'd be in the back grilling brisket for them muthafukking Chalupas.

 

[OfTheCross]

Obviously the restaurants make enough to pay for this salary. .

Looks like the preconceived notions of fast-food work were never based on the actual value the worker brings when it comes down to the numbers

Salaries in the fast-food industry range from eye-popping to barely getting by
The food-service industry has one of the biggest gulfs between its highest-paid and lowest-paid workers, 2014 research by the left-leaning think tank Demos found. In 2012 (when Demos did its study) the compensation of fast-food CEOs was more than 1,200 times the earnings of the average fast-food worker, Demos found, using information from company filings.

The average CEO at fast-food companies earned $23.8 million in 2013, and the average hourly wage of fast-food employees then was $9.09. The CEO of Taco Bell parent company Yum! Brands earned a $1.2 million salary in 2018 and his total compensation was $14 million, according to SEC filings. Yum! Brands did not immediately respond to a request for comment.

Taco Bell will try paying some managers $100,000 a year — but In-N-Out Burger already pays managers $160,000

 

[Mastamimd]

It isn't too far fetched for a restaurant manager to make that much if you include bonuses

 

[OfTheCross]

It isn't too far fetched for a restaurant manager to make that much if you include bonuses

What bugs me about it is that I looked at their earnings and they're not making more money now than they were 10 years ago.

They could've been paid ppl if they wanted

 

[TL15]

If Taco Bell is franchised, it wouldn’t surprise me that a successful franchisee would pay 100k for someone to essentially run their restaurant. Guarantee that “salary” for the industry requirement AND the expected hours and duties is about right

 

[WaveCapsByOscorp™]

If Taco Bell is franchised, it wouldn’t surprise me that a successful franchisee would pay 100k for someone to essentially run their restaurant. Guarantee that “salary” for the industry requirement AND the expected hours and duties is about right

Truth be told, it’s what I would do if I franchised. Maybe not the first couple of years, but I’d eventually get it to that point...

 

[Will Ross]

Mangers in fast food been making money

 

[MR. SNIFLES]

Salaries in the fast-food industry range from eye-popping to barely getting by
The food-service industry has one of the biggest gulfs between its highest-paid and lowest-paid workers, 2014 research by the left-leaning think tank Demos found. In 2012 (when Demos did its study) the compensation of fast-food CEOs was more than 1,200 times the earnings of the average fast-food worker, Demos found, using information from company filings.

The average CEO at fast-food companies earned $23.8 million in 2013, and the average hourly wage of fast-food employees then was $9.09. The CEO of Taco Bell parent company Yum! Brands earned a $1.2 million salary in 2018 and his total compensation was $14 million, according to SEC filings. Yum! Brands did not immediately respond to a request for comment.

Taco Bell will try paying some managers $100,000 a year — but In-N-Out Burger already pays managers $160,000

FRANCHISES BREH.

 

[SuaveyBoi115]

And I would make the best tacos you muthafukkas ever ate for 100K. Nikkas be asking me to add water to that dry dog food they call seasoned beef but for 100K I'd be in the back grilling brisket for them muthafukking Chalupas.

 

[MikelArteta]

If Taco Bell is franchised, it wouldn’t surprise me that a successful franchisee would pay 100k for someone to essentially run their restaurant. Guarantee that “salary” for the industry requirement AND the expected hours and duties is about right

pretty much if you own a taco bell for example you will be making bank regardless, I would pay 100k easily for a great manager who oversees everything while my azz just comes in like once a month like the brinks man

 

[Mike809]

Imagine going to college and still make less than a fast food manager .

 

[CoryMack]

pretty much if you own a taco bell for example you will be making bank regardless, I would pay 100k easily for a great manager who oversees everything while my azz just comes in like once a month like the brinks man

trust me you dont wanna ever do this. i left my job about a month ago cause the owner didn't know anything about the industry we're in, absolutely nothing about the inner workings of his own company, and didn't seem all that interested in learning. and my man it showed. it would've been bearable if the owner wouda stayed outta the way, but he insisted on "playing the part" of owner, and then whatever narcotic he was on combined with his frustration over simple mistakes that shouldn't have been made if he actually had a clue grew into an arrogance that was simply too much to bear. so i walked out that bytch. african cat, too.

tell you what, tariq and them woulda loved to hear this story. it's like this dude and his family managed to live up to about every bad stereotype of africans there is. paydays were a mess, and i felt sorry for the people who really relied on those checks to pay bills and support families.

i believe i learned the last lesson i needed to go on and finally put my all into my own thing, and that lesson is to learn everything you can about whatever business you decide to get into. unless you have so much money you can cover losses and mistakes, and he doesn't.