The Whataburger restaurant chain has announced that, in addition to getting fries with their burgers, employees will now receive bonus allocations of $90 million.
The bonuses will also accompany an increase in matching 401K contributions, new incentive compensation plans, and a title-change for general managers.
“The regional brand also said it is changing the compensation plan of its general managers, in part by sweetening their potential bonuses to 150% of their reward for hitting specified targets. The changes should provide the GMs, now re-titled as operating partners, an opportunity to earn more than $100,000 in annual compensation.”
‘“Operating partners are business leaders who run multimillion-dollar restaurants, take care of their teams, and serve as the face of Whataburger in their communities,” Whataburger CEO Ed Nelson said in a statement. “They are the hearts and souls of our brand.”’
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