$18/hr adjusted for inflation. Almost a living wage back then. And unlikely to be paid today.
How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
71–80 of 279 posts
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#72Earlier quoted context omitted.
Not paying the person in between? I worked at PepsiCo for a little and most of their job responsibilities weren’t unique to the product offering or business model.
You can't get kickbacks from the middleman if there is no middleman.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#73$18/hr adjusted for inflation. Almost a living wage back then. And unlikely to be paid today.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#74Another way this story could have ended: CEO: Thanks for the idea! Goodbye, and don't forget your mop! (CEO shares go up by $20M) Janitor: Damn, I should have brought a lawyer. If only I had the money for one.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#75I'm trying to think about if there's any correlation between the two. There are some posts in HN that was about founder ceos but I cant remember the context. I'll have to go look for those
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#76Can anyone tell me about non-founder CEOs who has done a great job of creating innovative products for a company without using MAs? I'm trying to think about if there's any correlation between the two. There are some posts in HN that was about founder ceos but I cant remember the context. I'll have to go look for those
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#77Earlier quoted context omitted.
Yeah CEOs never get enough respect. Also they're paid FAR too little for having an insight a child would have... Good leadership is rare, you're right, and I don't think CEOs deserve credit for demonstrating good leadership. Good leadership should be table stakes for that position; the bare minimum. What needs to change are the astonishingly weak disincentives (and sometimes, actual incentives) aimed at bad CEOs. If…
It is not "an insight a child would have". Good ideas mean nothing unless it leads to a marketable product. And for one smart janitor with business sense there are thousands of people who will just cost the company money. The CEO here managed to notice that among thousands, this is the janitor to listen to. As for CEO being well paid, it is simply because their decisions can make the company lose or earn a lot of mon…
Are you sure? Children listen to janitors just as much as they listen to anyone else. One's job doesn't matter to a child; they know they can learn from anyone. Very few CEOs know this. Hell, very few ADULTS know this.
I didn't intend "an insight a child would have" to mean that such an idea is a basic thing everyone knows, I literally meant "an inside a child would have."
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#78Great story, but it can’t happen today. No janitor works for the company whose floors he’s mopping anymore, so janitors wouldn’t get that company-wide email.
Are you implying that companies outsource all of the janitorial duties now? I'm in Arkansas, so crack all the jokes you want, but the big places that produce a lot of food (McKee comes to mind - Little Debbie) staff their own positions. https://mckee.wd1.myworkdayjobs.com/mckee/jobs So, in other words, yeah, you could be a janitor and potentially propose a new Little Debbie snack right now. That particular dream is s…
It's mainly white collar places that don't know how, or don't want to, hire anyone who does blue collar work.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#79Earlier quoted context omitted.
Not paying the person in between? I worked at PepsiCo for a little and most of their job responsibilities weren’t unique to the product offering or business model.
A job that supports the core business is definitely not the same thing as a job unique to the product offering or business model. e.g. food safety is something that is important to PepsiCo's business, yet they are far from the only business that needs food safety expertise. In contrast, they may also need potholes filled in the parking lot, but they may choose to hire outside help for this, because they do not do it…
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#80$18/hr adjusted for inflation. Almost a living wage back then. And unlikely to be paid today.
LA County minimum wage is $15 per hour for businesses with more than 25 employees.