Panera founder says employees today aren't motivated by the idea of making money for shareholders: 'Nobody cares' ( www.businessinsider.in )

wintermute_oregon , 6 months ago (edited 6 months ago)

Maybe give people stock options. I’m going to make over 100k a year for the next three years just in stock options because of shareholder value.

ETA: Panera isn’t a public company anymore. It was bought a few years ago by a crappy company. So there is no reason for employees to go the extra mile.

lurch , 6 months ago

That also may give them votes. They basically become their own bosses. Has helped a lot of companies.

wintermute_oregon , 6 months ago

I’m a huge fan of stock options or stock. Everyone should get some skin in the game.

As much as people want to whine. We are all shareholders if you have a pension or 401k.

Why I’m a fan of the old ceo of Costco. Not only did he create growth in the stock. He treated the employees well. He felt the two went hand in hand. He looked at long term goals and not short term market shifts.

We have to many executives look at short term goals.