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  • McDonald's Executives Will Have Bonuses Cut if They Hire Too Many White Men for Top Positions

    02/21/2021 7:40:31 PM PST · by massmike · 93 replies
    westernjournal.com ^ | 02/21/2021 | Jack Davis
    Race and gender in hiring are two keys to financial success for top McDonald’s executives, according to the company as it sets its course for the future. A press release on the McDonald’s website says that part of the bonuses awarded to top company executives will be based upon their efforts to hire women and what the company terms “historically underrepresented groups” for top corporate positions. “Beginning in 2021, the Company is incorporating quantitative human capital management-related metrics to annual incentive compensation for its Executive Vice Presidents,” the company said. The company’s diversity website notes that in America, 70 percent...
  • McDonald's to slash executive bonuses if they fail to place more minorities in senior leadership

    02/19/2021 6:22:08 PM PST · by lowbridge · 99 replies
    washingtonexaminer.com ^ | February 18, 2021 | Jake Dima
    Executives at McDonald's may not be lovin' it if they don't get their full McBonuses in accordance with new company policy. The fast-food company announced on Thursday it would be reducing the bonuses of top brass if they fail to staff more minorities in senior leadership roles. "We’re implementing policies that hold our leaders directly accountable for making tangible progress on our [diversity, equity, and inclusion] goals," McDonald’s Corp. said in a press release titled "Allyship through Accountability." McDonald's, pushing to achieve "gender parity" by 2030, said it "expects to increase representation of historically underrepresented groups in leadership roles (Senior...
  • Black franchisee claims McDonald's forced him to sell locations to white owners, law firm says

    02/16/2021 6:50:25 PM PST · by artichokegrower · 15 replies
    San Francisco Chronicle ^ | Feb. 16, 2021 | Nancy Dillon
    A former pro baseball player who built one of the largest Black-owned McDonald’s franchises claims the company forced him to sell stores to white owners in a squeeze play that violated his civil rights.