Darden?...Where have I heard that name before?
by JP Bill - 11/27/12 1:12 PM
On the discussion of part-time employees], we're already a large part-time employer. Seventy-five percent of our employees are part-time already. [Any] policy change will affect employees that work 30 to 35 hours. ... Our industry has met the needs of a lot of employees who want to work part time. We as an industry have met that need, and so the economic reality is very, very challenging. They may need to move above 40 [hours] or less than 30. It could be hard to get those folks to move up. ... If that's the reality can we maintain guest satisfaction? Can we maintain employee engagement? We value that significantly. [The answer will] come from surveying our frontline employees. This is where we are today. There are still a lot more rules to understand, and now we have to take time from other things to address them."
It wasn't that long ago...Dardens...cutting hours, because of Obamacare, NO mention of increasing hours, just cutting.
The 12 Companies Paying Americans the Least
11. Darden Restaurants
> U.S. workforce: 165,475
> Highest compensation: $8,480,148
> Revenue: $8.00 billion
> Net income: $475.5 million
> No. of U.S. stores: 1,994
A lawsuit filed in September charged Darden Restaurants, Inc. (NYSE: DRI) with violating federal labor laws by underpaying thousands of servers across the country at its Olive Garden, LongHorn Steakhouse and Red Lobster chains. The action represented employees who who worked for the company going back to Aug. 2009 and sought millions of dollars in back wages and other compensation. "We're seeking not only to correct the wrongs that have occurred at Darden, but hopefully this will stimulate change across the country," said a lead attorney in the case. While the compensation of CEO Clarence Otis Jr. did drop from $8.48 million in 2011 to $8.08 million in 2012, that cannot be much comfort to those at the bottom of the pay scale at Darden.