Yahoo's stock lost about a third of its value last year, as the company went from making $7.5 billion in 2014 to losing $4.4 billion in 2015. Yet its CEO, Marissa Mayer raked in $36 million last year. Why hasn’t Yahoo’s board fired her? According to her contract, if she’s fired she gets $54.9 million in severance.
Mayer can’t lose, either way. Another example of socialism for the rich.
Why do Yahoo's shareholders put up with this? Because they don’t know about it. Their shares are held mostly by big pension funds, mutual funds, insurance funds, and university endowments that don’t want to rock the boat because they skim the cream regardless of what happens to Yahoo. More socialism for the rich.
The rest of us live in a world of hyper-capitalism where wages are falling, workers are fired without warning, and employees are classified as independent contractors without any labor protections at all.
And Republican and Democratic Party insiders wonder where the anti-establishment fury is coming from.
This year's 100 Best Companies to Work For list marks Fortune's 19th year of partnering with Great Place to Work.
Google/Alphabet is the No. 1 place to work for the seventh time in 10 years. Six newcomers include Veterans United at No. 30, Hilton Hotels at No. 56, and Slalom Consulting at No. 100. IKEA’s U.S. arm returns to the list, along with GoDaddy and Sheetz.
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1980 年代中,還沒INTERNET,所以類似 100 Best Companies to Work For 這樣的書,被叫好。
我換工作,到DuPont公司上班之前,就是參考那本書來了解該公司。
"Lycra-clad runners"---穿"萊"卡材質運動裝的健跑者---Lycra就是該公司紡織品事業部的產品。
不過,21世紀初,該公司將他們賣出去。
2015年更宣布,要跟另一家化學公司合併。
現在的100 Best Companies to Work For名單中,沒有許多30年的優秀公司,如IBM、Du Pont等等。真是" 三十年風水輪流轉"。
3 days ago - Now it attracts up to 3,000 people to its runs, which change place and ... Each week the procession of mostly young, Lycra-clad runners, male and female, ... Abdel Fattah al-Sisi, Egypt's president, seems inclined to support the runners. ... Doing more will require Mr Sisi to overcome his fear of large groups of ...
3,000 young people running along the Nile: how will President al-Sisi cope?
The introduction of all-day Egg McMuffins in October at most domestic…
BLOOMBERG.COM
McDonald’s is having a moment.
Actually, it’s been having one for a while. Analysts may find no shortage of things to fret about -- from rising labor costs to lousy consumer feedback on the quality of the food -- but investors love McDonald’s Corp. Okay, there was that seven-quarter U.S. sales slump that took the blush off the share price. It ended last year, though, after Steve Easterbrook became chief executive officer, and overall the stock has climbed 267 percent in the past decade. (It’s up more than 30 percent in the last 12 months alone.)
“McDonald’s has its challenges, but they’re resilient,” said Bob Goldin, vice chairman at industry researcher Technomic Inc. Even he, a fan of sorts, can reel off what he calls the headwinds coming at the giant, among them increasingly nutrition-conscious Americans who might not be tempted by Big Macs and their roughly 28 grams of fat.
Easterbook’s introduction of all-day Egg McMuffins in October at most domestic locations helped yank the company out of its recent funk. There was a 5.7 percent boostin fourth-quarter sales at established U.S. restaurants, the biggest gain since 2012. Global profit climbed 10 percent. The stock is trading at a 38 percent premium to the Standard & Poor’s 500 Index on a price-to-earnings basis, a nice switch from the 3.2 percent discount early last year.
The CEO has made tweaks big and small since he took the helm of the world’s largest restaurant chain in March 2015. He slimmed down the corporate staff, revamped drive-thru ordering to make it more efficient and tackled the flabby hamburger-bun issue by requiring they be toasted longer. Some stores are experimenting with touch-screen menus. The goal is to stem, then reverse, the slide in traffic. Guest counts, as they’re called in the business, have been falling for three years, dropping 3 percent in the U.S. in 2015.
The challenge will be to sustain the breakfast buzz long enough for Easterbrook’s team to address all the nagging issues and follow through on innovations like the create-your-own-burger endeavor. “They want to keep that going over a consistent, long period,” said Jack Russo, an analyst at Edward Jones. “There’s no easy fix on that.”
For some customers, the novelty of hashbrowns at 1 p.m. will wear off. And competitors are elbowing in, with Dunkin’ Donuts, for example, overhauling its menu boards to emphasize its all-day breakfast fare. McDonald’s is aiming to keep up the pace with new items; restaurants in the south will soon be offering McGriddles breakfast sandwiches at all hours. Round-the-clock hotcakes and Egg McMuffins debuted in Australia a few months ago and may show up in other countries, according to McDonald’s spokeswoman Becca Hary.
Even if the breakfast glow fades, the company is hardly in danger of a meltdown, no matter some analysts’ worries. (More of them have sell or hold recommendations out on the stock than buy ratings, an unusual ratio for a company that’s posted such outsize returns.) McDonald’s continues to add restaurants. The dividend keeps growing, with data compiled by Bloomberg showing a 4.8 percent uptick over the past year. And the stock rose 26 percent in 2015, outpacing gains at Yum! Brands Inc. and Wendy’s Co. “People are flocking to safety,” Goldin said. “It’s looked at as kind of a low-risk investment.”
Of course, to stay that way, it’ll have to draw more customers. “The trick is to find right price and the right products that stimulate enough traffic and sales and doesn’t hurt you too badly” if some diners trade down to cheap items, said David Palmer, an analyst at RBC Capital Markets. Now’s the time to get that right because “the company has reestablished some momentum.”
McDonald’s knows it needs to appeal to Americans’ appetite for healthier, environmentally friendly fare. The chain also has a less than stellar reputation in its limited-service burger-chain universe: It scored lowest in quality, trailing Wendy’s, Burger King and Jack in the Box Inc., in a 2015 consumer survey by WD Partners and Nation’s Restaurant News.
The company has committed to cleaner ingredients, though change will be slow because of its massive size: 36,500 restaurants in more than 100 countries. Serving onlycage-free eggs at U.S. and Canadian stores will take a decade, while putting only chicken raised without certain antibiotics on the menu will take two years.
“Their biggest challenge is really being able to resonate with the consumer on fresh and quality, and all the things that the millennials want,” said BTIG analyst Peter Saleh.
Labor costs are a thornier issue. McDonald’s has been feeling some pay-cost pain in the U.S. The profit margin at U.S. restaurants narrowed to 15.1 percent last year, from 17.4 percent in 2014, and the company cited higher wage and benefit expenses.
At the beginning of this year, 14 states raised their minimum rates, and lawmakers in California just made a deal to hike the most populous state’s hourly minimum to $15 by 2022. McDonald’s increased pay by $1 for employees of its 1,400 corporate-owned locations last year, putting pressure on franchisees to follow.
“Labor costs are going to rise and they’re either going to have to suck it up or pass it along,” Goldin said, “and my sense is they’ll do a little bit of both.”