Steve Ells: Kernel will offer restaurant workers stock options and full benefits
Steve Ells · When a robot cooks your lunch with Steve Ells of Chipotle and Kernel · Nov 9, 2023 · at 31:08
Chipotle founder Steve Ells explains how Kernel's automated, small-team model enables the restaurant chain to offer equity and benefits to frontline workers.
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“And since we only have three people we'll be able to afford those higher wages. Plus I think our Purpose is bigger than our product. Being able to address global warming, being able to address some of the inequality with pay for folks in, in, in the world of fast food and restaurants in general, to be able to pay them much higher wages and give them full benefits, give them vacation time, give them predictable schedules, give them a stock option program so that they can Participate in the upside of the venture.”
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