The CEO of Applebee’s announced that they pay $13.3 million annually in salaries, and that their average employee makes $52,000.
This might be one of the least shocking financial statistics in the world, but it’s still a shocking statement to me. I’d expect them to pay a LOT more than that, but 13.3 million is a big number. Applebees’ employees have a 401k plan, and presumably they’d be able to make a decent amount of money on that.
Applebees offers generous benefits. An employee receives a great deal of free food, and many employees are eligible for free medical services. The company also offers a gym membership, and a wellness program, and a free shuttle every Friday.
It seems a small amount of money, but when you look at the company’s profits they also have to pay for advertising, and salaries for executives. Applebees has a profit margin of about 20%, so they have a small profit to make, but a substantial amount to pay for salaries and benefits.
Applebees also have an annual shareholder meeting where they give free health insurance to employees, and there is an annual employee meeting. The company also gives employees bonuses when they achieve certain milestones, so it is not really a company that just gives out money.
I really like this idea of a company giving a bonus to each employee when they achieve a certain number of sales. It would give them an incentive to sell more, and it would give them a sense of accomplishment when they achieved that milestone. It would also give employees a little extra motivation to do a good job because they can always give their boss a little extra motivation.
I’m sure the idea of a company giving out bonuses to each employee when they achieve a certain number of sales would be great, but I just can’t imagine how it would be implemented.
Most of what we talk about is the idea of a company giving out bonuses to employees when they achieve a certain number of sales.
That’s right, if a company wants to increase productivity and boost morale, they should start giving bonuses to employees who achieve certain milestones in their work. I can see it being implemented in some industries such as retail, but I don’t really see how Applebee’s and other companies would implement it. I think the more we talk about this idea the more we might end up implementing it, but I think it would be a little awkward and counter-intuitive at first.