COMPENSATION MANAGEMENT AT McDonald
The McDonald’s Corporation is one of the most successful global restaurantchains around the world. They have used effective management and global expansionstrategies to enter new markets and gain a share of the foreign fast foodmarket.McDonald's is not just a burger company serving people; they are a peoplecompany serving burgers. McDonald’s strategy of standardizing their products on its preparation, techniques of presentation along with the adaptation strategy has createda difference in McDonald’s as compared to that of its competitors.
McDonald's success is built on the highest standards of quality, service andcleanliness delivered to customers in each of its restaurants. Well-trained crew andmanagers are the first step to achieving these standards. It is company policy to provide career opportunities that allow employees to develop their full potential.McDonald's restaurant is structured as an independent business, with restaurantmanagement responsible for accounting, operations, inventory control, communityrelations, training and human resources.
"McDonald's vision is to be the world's best quick service restaurantexperience. Being the best means providing outstanding quality, service, cleanliness,and value, so that we make every customer in every restaurant smile."
• Be the best employer for our people in each community around the world• Deliver operational excellence to our customers in each of our restaurants; and• Achieve enduring profitable growth by expanding the brand and leveraging thestrengths of the McDonald's system through innovation and technology.