Tom Barnett is the owner of 24 Burger King franchises in Arizona, and recently was awarded “Franchise of the Year” by Burger King corporate officials. The award is given to the Franchise that has the best rating based on safety scores, health inspections, and customer complaints. As a part of the award he received some very nice gifts, including a brand new Corvette and a new Rolex. Barnett felt like he did not deserve these gifts because the hard work that led to the award came from his employees. So Barnett sold the gifts and gave the money to his employees.
Barnett did more than just sell the gifts and give the money to his employees, he also matched what he got for them with his own money and the money of some of his business partners. In the end, he gave away $120,000 to 100 employees, resulting in bonuses that were between $100 and $5,000 apiece.
His philanthropic efforts are similar to those I’ve been reading about in the news from Amen Clinic, but it’s clear that Barnett is a rarity among bosses, especially in the fast food world. His good deeds certainly don’t go unnoticed. Even more evident of the fact is the low turnover rate at his franchise. At the Burger Kings that Barnett owns, the average employee works there for 10 years. In an industry where people often quit after their first day, and many don’t last an entire year, this says a lot about how he runs his business.