Fast food workers strike, demanding $15 an hour

[Kalik]

shut the fukk up and show some respect to people who are trying to make something of their lives. sure their jobs may be menial, but they're working. they deserve livable wages.

It is livable... already, they just need to get a 2nd job, part-time. OR just that extra time to enroll in classes. In 2-3 years they will be done, and can go to the next tier in the workforce.

Show some respect... damn.

Fast Food jobs were always a job for teenagers, thru high school. Now they want it to be a career for adults. Nah breh, thats why teens cant find much jobs now.

Move on from being a SpongeBob fry cook all your life

 

[CashmereThoughts]

is this not news ya fukkIN parents and fukkIN teachers warned nikkas bout?

lemme know slime....i wear nikkas always say you gonna end up working at mcdonalds if you dont get right

nikka its ya decision whether or not you want to work at mcdonalds

My moms used to point to the Burger King on 3rd ave and say "you gonna working over there you keep fukkin around" and that if I wasn't in a career or school after HS I had to get the fukk out...


Now these McDonald's nikkas demanding a "living wage" just cuz. Ain't that a bytch

 

[No_bammer_weed]

You dont know the diff between revenue and profit, and you dont even know what McDonalds numbers are. They had a revenue (all the $$$ from sales; income before expenses) of ~27B. They had a profit after taxes of ~6B. They have 1 million franchise workers. If we assume they are all making ~$9/hour average and working the full time hours of 2000 hours a year (they aren't, but again I don't think you know that), they're making $18,000/year. You split the 6B among 1 million people, that's another $6K per year, which is $24,000 a year or $12 an hour. Let me repeat, if McDonalds gave all their profits back to their workers in 2013, the workers pay would be $3/short of $15/hour. THIS is why you have to actually look at the numbers and know what you're talking about.

MCDONALD'S CORP (MCD:New York): Financial Statements - Businessweek
How many people are employed by McDonalds worldwide? - Yahoo! Answers

Plus how the fukk would they do it? They have a fiduciary obligation to their shareholders to generate a profit. So to get this income back to their employees they would have to buy all the stock back. McDonalds has about $100B in stocks out there. W/an annual income of ~$6B it would take them about 17 years to buy it all back. There is nowhere else to find the money- a big company like McDonalds isn't wasting $10 billion dollars a year on stupid shyt, they are cutting waste everywhere to generate profit for shareholders. So the idea of McDonalds hitting some magic "worker's justice" switch and doubling their worker's pay overnight is fukking ridiculous. Its an idea that only someone who has no idea how business works would insist is not only possible, but easy. Its the idea that frankly only someone at the level of a fast food worker would dream up. I hope you learned something today

*yawn* inflated bravado and bluster is a flashing neon sign alerting an insecurity of personal argument. You keep with this off repeated phrase that I dont know the difference between revenues and profits, which Im assuming is some psychological strategy to give yourself an artificial intellectual footing. My initial claim of profits is consistent with the numbers you have presented, so claiming I dont know revenue from profits, borders on blatant dishonesty.

Meanwhile, YOUR initial claim that McDonalds only earns 10% in profit, was not even close --- its double that, a quoted figure that I responded with, but was left conveniently ignored by you. Id provide some snappy comment about "you dont know the difference...." to your erroneous figures, but why bother.

Now getting to your latest argument....for starters, 'yahoo answers' is not a legitimate source for anything. That 1 million figure for employees that you oriented your whole argument around is not a number that is reflected on their own website, which states:

To everyone in our 761,000-member family we say, "Welcome to McDonald's."

Careers :: McDonalds.com

So we can just knock off 1/4th of the work force from your numbers. Now of that work force, not all 761k are involved in this fight, as we have to control for upper management and the like, so suffice to say your numbers are highly inflated off top.

Now getting to your amateurish understanding of the relationship between big corporations, stockholders, and profits:

Shareholders, not employees, have reaped the rewards. McDonald’s, for example, spent $6 billion on share repurchases and dividends last year, the equivalent of $14,286 per restaurant worker employed by the company. At the same time, restaurant companies have formed an industrywide effort to freeze the minimum wage, whose purchasing power is 20 percent less than in 1968,

McDonald

For further clarification google share repurchases and its relevancy to this debate.

So in essence, even by your inflated figures, only a fraction of stock repurchases would be re-invested back into labor. Not to mention your messy math. Now I would get into the economic benefit of rewarding labor via empirically backed concepts like the marginal propensity to consume, and how reducing the purchasing power of employees via wage freezes actually HURTS Mcdonalds bottom line, but frankly I dont feel like it.

 

[Rawtid]

It is livable... already, they just need to get a 2nd job, part-time. OR just that extra time to enroll in classes. In 2-3 years they will be done, and can go to the next tier in the workforce.

Show some respect... damn.

Fast Food jobs were always a job for teenagers, thru high school. Now they want it to be a career for adults. Nah breh, thats why teens cant find much jobs now.

Move on from being a SpongeBob fry cook all your life

Exactly!!

I can rock with people who genuinely want to manage a fast food restauarant or be a team lead/supervisor and take the initiative to do the training and learn everythig about the business but just because you show up for work on time and work there a long time doesn't mean eventually you should start making a lot of money doing it. Yes, you're good at making fries but that doesn't mean you deserve a decent salary for doing it.

 

[Kalik]

All I know is in 96-98 (during college) I made $5.25 an hour, lived with 3 roommates during college..

Minimum wage aint a career or for a family man.
====

I went thru my min wage stage, and kept it moving... they should aspire for more. And I was FRESH off the "boat" in this country.

====
Happy I followed my dreams, 34 yrs old... and making good money from where I started from. Can't see how people born and raised in one of the greatest cities on the planet NY, with access to all America has to offer... settling for working at MickeyDees.

 

[Fredrick Thuglas]

$15.... for what?

You got a shyt job... work 2. Know your place in society. You picked this shyt between age 5-20 while in school K-college

U have a slave mentality. You woulda made a great house boy during slavery days.

Kalik my nikka I hate it had to be him...

 

[Kalik]

Kalik my nikka I hate it had to be him...

... I don't see why he said I have a "house nikka mentality" cuz I just want people to get educated and get a job beyond burger flipping

 

[Rawtid]

Fast Food work is a minimum wage job.

The problem comes when people are trying to live off of a fast food salary. Yes, it's cool when you're in high school or in college just to keep some money in your pocket but you have no business trying to support a family on your fast food job wages unless perhaps you're a manager. It's supposed to be a stepping stone, not a life career.

I really would like to know how the people on strike feel about education. I can bet a lot of them say "fukk school it's a rip off" or whatever else. Pay them $15 dollars an hour but MAKE them get a degree or a extensive amount of business training. Let's see how they feel then. There is no excuse then because if they are making McDonald's wages, they qualify for education assistance.

 

[Broke Wave]

You dont know the diff between revenue and profit, and you dont even know what McDonalds numbers are. They had a revenue (all the $$$ from sales; income before expenses) of ~27B. They had a profit after taxes of ~6B. They have 1 million franchise workers. If we assume they are all making ~$9/hour average and working the full time hours of 2000 hours a year (they aren't, but again I don't think you know that), they're making $18,000/year. You split the 6B among 1 million people, that's another $6K per year, which is $24,000 a year or $12 an hour. Let me repeat, if McDonalds gave all their profits back to their workers in 2013, the workers pay would be $3/short of $15/hour. THIS is why you have to actually look at the numbers and know what you're talking about.

MCDONALD'S CORP (MCD:New York): Financial Statements - Businessweek
How many people are employed by McDonalds worldwide? - Yahoo! Answers

Plus how the fukk would they do it? They have a fiduciary obligation to their shareholders to generate a profit. So to get this income back to their employees they would have to buy all the stock back. McDonalds has about $100B in stocks out there. W/an annual income of ~$6B it would take them about 17 years to buy it all back. There is nowhere else to find the money- a big company like McDonalds isn't wasting $10 billion dollars a year on stupid shyt, they are cutting waste everywhere to generate profit for shareholders. So the idea of McDonalds hitting some magic "worker's justice" switch and doubling their worker's pay overnight is fukking ridiculous. Its an idea that only someone who has no idea how business works would insist is not only possible, but easy. Its the idea that frankly only someone at the level of a fast food worker would dream up. I hope you learned something today

This is so incorrect I don't even know where to start

 

[JBoy]

nikkas defending the shyt out of a system that is very anti-working class is comedy to me

 

[HarlemsOwn]

Fast Food work is a minimum wage job.

The problem comes when people are trying to live off of a fast food salary. Yes, it's cool when you're in high school or in college just to keep some money in your pocket but you have no business trying to support a family on your fast food job wages unless perhaps you're a manager. It's supposed to be a stepping stone, not a life career.

I really would like to know how the people on strike feel about education. I can bet a lot of them say "fukk school it's a rip off" or whatever else. Pay them $15 dollars an hour but MAKE them get a degree or a extensive amount of business training. Let's see how they feel then. There is no excuse then because if they are making McDonald's wages, they qualify for education assistance.

the moment mcdonalds start paying 15 a hour

im gettin a part time job there

and im gonna get the job over Sally, Jamal and Pedro cause i got a bachelors degree lol

 

[CashmereThoughts]

the moment mcdonalds start paying 15 a hour

im gettin a part time job there

and im gonna get the job over Sally, Jamal and Pedro cause i got a bachelors degree lol

Word son, that's good money right there fukk that.

 

[jerniebert]

I don't understand why so many people eat at these places with so many other options that are cheaper then those shifty ass burgers you get at McDonald's. Especially in New York.

 

[JBoy]

I mean we all know folks aren't getting 15$ an hour from greedy ass Mickey D's, but trying to even get a slight raise is what you are supposed to do in capitalism

 

[Ain't That Something]

The only nikkas with slave mentality is the nikkas supporting this bullshyt. Instead of telling nikkas to strive for more ya'll out here telling nikkas to demand more without no improvement to said skill set. What leverage do these nikkas have when a highschool kid can easily replace and do their jobs.