McDonalds aims to fill 50,000 jobs
McDonald’s Corp. will hold its first national hiring day on April 19 to fill 50,000 openings at its restaurants nationwide.
The company, based in Oak Brook, Ill., says it is making a concerted effort to add staff as its business improves and as more of its restaurants stay open 24 hours a day.
McDonald’s is hiring restaurant crew and management for full-time and part-time positions.
McDonald’s sees this event as an opportunity to attract employees in a tough job market.
It is also trying to shed the negative connotation of employment at the fast-food chain, once dubbed “McJobs.’’ About half of its franchisees and more than 75 percent of its managers started as store workers.
Those who are interested can apply in stores or online. Some restaurants will hold events and interviews that day.
What's the pay?
LPL boss exercised $111m in options
The chief executive of LPL Investment Holdings Inc. exercised $111 million in stock options and sold about half that last year, when the Boston brokerage firm went public.
Mark S. Casady, 50, who has been CEO since 2005, also took home $5.7 million, including $800,000 in base salary and a $2.2 million cash bonus, according to the company’s proxy statement filed with regulators. His pay also included $31,047 related to personal use of the company’s chartered jet.
The top five executives of LPL, which provides services to independent advisers, earned more than $17 million in 2010. The company’s chief financial officer, Robert J. Moore, received about $8,000 related to jet use. His total pay was $3.6 million.
LPL disclosed that it paid $1.4 million for aircraft charters in 2010 to XOJET Inc., a company in which one of LPL’s stockholders, TPG Capital, has a stake.
Together, the top five officers of the company exercised $183 million worth of options. They also received pay to cover automobile leases.
LPL, which has 2,500 employees and provides services to more than 12,000 financial advisers, went public in November at $30 a share. The stock closed yesterday at $35.18.
That means they don't really do anything and charge exorbitant amounts for it.
Directors at LPL include John J. Brennan, the chairman emeritus of mutual fund firm Vanguard Group Inc. He earned $180,000 in cash and stock last year, as chairman of the audit committee.
And here it is time for lunch.
See who ate yours, America?
