Strategist.com – 08 April 2015 – According to thinkprogess.org Domino’s C.E.O. is to follow the footprints of McDonald by increase their gross payment.
 
Sometimes, during last week, McDonald made an announcement about the increment on its salary wages. The employees working in the stores that are owned by the company would enjoy the benefits. However, the announcement relates to only ten percent of all the “company-owned” store locations.
 
However, the afore mentioned announcement was only a subsequent step of similar announcements made by various companies like Gap, Walmart, Target, Marshall’s and TJ Max, who showed their consent on raising the salary bar of their lowest wage amounts.
 
Likewise, the C.E.O. of Domino’s, Mr. Patrick Doyle, in his correspondence with the CNBC on Monday, 07 April 2015, answered in the similar tone to the question of the Domino’s position and view on the “increment of payment” talk in the market.  In fact, Bryce Covert writes:

 
In Doyle’s own words:

 
Moreover, in answer to the specific question of whether Domino’s too plan on increasing the wage margin, he promptly replied that almost over ninety percent of Domino’s outlet locations operate on a franchise basis. Therefore, the company being the franchisor cannot exercise any right to increase wages own decision as that decision can only be made by the respective franchisees.
 
Nevertheless, talking about the remaining ten percent of Domino’s outlets, which amounts to about four hundred stores that are directly operated by the company Mr. Doyle adds:

 
As per Domino’s wage records, the company doesn’t show very promising evidences. Even though, it pays the workers in an average of $7.42 per hour and $8 per hour for delivery boys and in-store employees respectively, two New York based franchisees of Domino’s had to intervene to settle over a “wage theft last year”. The payment made towards settlement of wages in one case amounted to $1.3 Million whereas the other one amounted to “$448,000”.
 
Yet, sources inform that recent “wage theft” by the workers are creating commotions in Georgia. It seems due to such complaints the company had earlier fired about twenty five workers but eventually they had to be retained as instructed by the Attorney General of New York.
 
Nonetheless, Domino’s, as mentioned earlier, is not the only company who is thinking about raising the wage margin in order to recruit more employees. Bryce Covert writes:

 
Consequently, all major market figures, like TJX and Gap among others made the announcement in regards to augmentation of salaries. Moreover, many of them are also under the pressure of various “labor activists”. 




References:
http://thinkprogress.org/economy/2015/04/07/3643649/dominos-wages/
 

India – 07 April 2015 – Vaishali Gauba reports to CNBC that the fast food business in India is becoming a major industry in the country. It was in 1996, when Indians were used to depend on the “tiffin boxes” for lunch, “hesitant to try fast food”, did McDonald boldly made an entry against the said backdrop.
 
Since then, almost decades have past, and at present the scenario is completely opposite. Furthermore, the Indian fast food market is even expected to increase in size from 2013 to 2016. In fact, as per “the Economist Intelligence Unit” the expected market value of this industry is to reach $1.12 Billion by 2016, while the demographic data hints that the “international fast food players” should invest in the Indian market as it going to prove the upcoming mega mart of fast food.
 
Interestingly, the size of Indian fast food market is ten times smaller than that of China according to the C.E.O. of Jubilant FoodWorks, Ajay Kaul. The company of Jubilant FoodWorks is a franchise that collaborates with the grant for foreign company products like Dunkin Donuts and Domino’s Pizza.
 
However, the Chinese market witnessed a decline the sale of fast food sometimes last year, whereas the correspondent Indian market is likely to grow in contrast. The result, according to the report, could be the “changing consumer preferences” which is dominated by the youth crowd being the largest in the world for Kaul says:

 
Compared to the huge 1.2 Billion population of India, there are only 2,700 fast food chain outlets; as a result the market fails to reach most of the population, as informed by the “Euromonitor International”. Therefore, the potential market of fast food is “yet to broadly expand beyond the largest cities”.
 
In the vice chairman of “Westlife Development”, Amit Jatia’s words:

 
The said company runs the western and southern Indian McDonald restaurant outlets. He also plans on open new branches of McDonald restaurant in the region which will on the whole add up to “175 to 250” in number. Jatia also adds:

 
On the other hand, KFC, another big name in Indian Fast food market, also gives a competition to McDonald due to its extensive chicken menu that clicks with the Indian taste. The chairman of Technopak, Arvind Singhal informs that “U.S. chains have "Indianized" their menus” which could give a partial explanation of “the rising appeal of fast food in India.”
 
In fact, Kaul also states that with strategic moves, localization “other than just customization” the” homegrown businesses” for which he holds Domino’s to be an exemplary one. It is only by overcoming the cultural resistance and arriving at a synthesis which caters to the local tastes at the same time maintains its international recognition can the American fast food joints establish themselves in India, says Kaul. 



References:
http://www.cnbc.com/id/102557486