[The rise and expansion of local fast food giants].
Since its establishment in 2000, Wallace has successfully surpassed international fast food brands KFC and McDonald's to become the largest Western-style fast food chain in China in just 20 years with its rapid development momentum and people-friendly brand positioning.
As of June 6, 2023, the number of Wallace stores has exceeded 20,065, including directly operated stores and franchised stores, and its huge store network covers the whole country, showing an astonishing expansion speed and market influence.
[Wallace employee remuneration].
1.An overview of the salaries of non-regular employees.
Wallace cashiers, as regular employees, earn a monthly salary of 3k, and can ensure that they leave work on time on weekdays; The monthly salary of the front desk staff reaches 5k, which is also in the category of non-regular employees.
2.Salary distribution of regular employees.
According to the salary details disclosed by employees in different positions, the salary levels of various positions such as technology, manufacturing, marketing, operation, and personnel, finance and administration are significantly different, and the overall salary of service positions (including store managers, supervisors, kitchen staff, etc.) is low, while other positions are relatively high.
[Wallace salary structure and regional comparison].
In East China and Zhejiang, Wallace's overall salary level is distributed in a tiered manner. Data from East China shows that 4% of employees earn between 2k-4k per month, 46% of employees earn between 4k-7k, 29% earn 7k-9k, 12% earn 9k-12k, and the remaining 4% earn more than 12k to 15k. The figures in Zhejiang are broadly similar, but the proportion of employees earning between 12k and 15k per month is slightly higher, accounting for 5%.
[Wallace benefits].
Wallace provides comprehensive and attractive benefits to employees, including high temperature subsidies, short-term salary adjustment mechanisms, accommodation or housing subsidies, flexible working hours, year-end bonuses, paid annual leave, free working meals, social insurance, catering subsidies, sales commissions, communication subsidies, supplementary medical insurance and rich holiday benefits. However, for part-time employees, these benefits are often not applicable.
[Wallace's salary increase mechanism and promotion].
Wallace adopts a semi-annual examination salary adjustment system, and if employees want to get a salary increase, they need to pass an internal assessment, and the increase is generally between 500 yuan and 1,000 yuan per month.
At the same time, the promotion process from waiter to restaurant manager, regional manager and even supervisor not only requires time and experience accumulation, but also some levels also need to pass strict exams or invest money to become store managers, and then enjoy the bonus treatment.
[Wallace's work rhythm and pressure].
Wallace's work is fast-paced, and employees generally report that their daily work is more intense, with early departures and late returns being the norm, and frequent overtime, especially on weekends.
Employees have mixed reviews of how they feel stressed at work, with some saying that the intense pace of work is challenging, while others saying that they feel stressed about working long hours and lack of subsidies.
In real life, when faced with career choices, we should pay attention to and weigh the intolerable working conditions against the most important career needs. Although work is to live and survive better, while pursuing material rewards, we should also find fun and a sense of accomplishment in our work, and realize our personal value.
At the same time, make sure that you find a balance in your life after your busy work, and create a life that meets the demands of work and enjoys happiness.