The more replaceable you are the less this stuff works.
I`m down with the cause though, but it just wont matter.
I`m down with the cause though, but it just wont matter.
Fast-food workers walkout to protest low wages
If the Huff Post is right about raising the prices to those levels to get people decent wages, then I'm all in for it no doubt. But you can't expect 15 an hour for that shyt.
On a consolidated basis every dollar MCD makes on 17 cents go toward salary and benefits.
If labor is your biggest expense this shows that the majority of their workforce is grossly underpaid
have any of you nikkas worked in a mcdonalds kitchen? shyt is exactly that. shyt. not a job that you look forward to. not climate controlled. hardly any working space. they should be making MORE than office workers, not less.
You'd have to look at each individual franchise to determine how underpaid their workforce is.
I'd imagine the person who owns a McDonalds in midtown Manhattan paid a pretty penny for the location. Rent is astronomical I'm sure. These are the requirements for obtaining a McDonalds franchise:
http://www.aboutmcdonalds.com/mcd/franchising/us_franchising/aquiring_a_franchise.html
And this is how the McDonalds corporate structure gets paid. Not from railroading a teenager in NYC on wages.
Ethnic Vagina Finder
The Great Paper Chaser
a lot of fast food places promote it though not to mention the biggest slave wage company of all Wal-Mart. Most CEO's of these companies don't do shyt yet the CEO of burger king for example makes over 8 million a year just to hold the title. Its crazy how people are saying these workers should look for other jobs when unemployment hasn't been under 7 percent in years.
For someone without a college degree- a career path in retail isnt necessarily a bad thing. McDonalds rarely close, become a manager you'll receive solid benefits and have job security if you do well.
Ethnic Vagina Finder
The Great Paper Chaser
so for people saying big macs would cost $20.00 need to fall back.
Francis White
i been away to long, my feeling died.
No way, when i go to go Whole Foods and get a vegan hot dog i want it cooked just right and when i go and get my breakfast there, i want the guy at the omelet station to cook it just right which he does every-time.,
Minimum wage jobs is just that. For people with zero to low skills. It's there if you want it. If you aspire to bigger things with better pay, then you go for that. This is America, not the Soviet Union. There are restaurants that pay their cooks and servers more in wages. They also cost more to eat there too. So, it comes to inflation. You want to increase minimum wage to $15, the cost of a meal is going to go up too, probably double. So, a McDonald's meal is going to cost $5 for a hamburger, not the Big Mac, just a plain hamburger. The Big Mac is going to be $11. No fries or soda too. A hamburger, fries and a medium Coke will be $10. A Big Mac, fries and a medium Coke will be $16.
Think about the trickle down effect of that. The volume of customers will drop by more than 50%. Other restaurants who are more upscale than McDonald's will have a higher wage, and even higher prices. So a diner that had a $10 platter of fried chicken, fries and a soda will now cost $20. A small Dairy Queen milkshake is going to cost $8.00.
Restaurants have closed due to the hurting economy. Less people can afford to eat out. Raising wages, and ultimately food prices is going to result in restaurants going bankrupt and closing down. The final repercussion is higher unemployment and even less jobs.
Think about the trickle down effect of that. The volume of customers will drop by more than 50%. Other restaurants who are more upscale than McDonald's will have a higher wage, and even higher prices. So a diner that had a $10 platter of fried chicken, fries and a soda will now cost $20. A small Dairy Queen milkshake is going to cost $8.00.
Restaurants have closed due to the hurting economy. Less people can afford to eat out. Raising wages, and ultimately food prices is going to result in restaurants going bankrupt and closing down. The final repercussion is higher unemployment and even less jobs.
Minimum wage jobs is just that. For people with zero to low skills. It's there if you want it. If you aspire to bigger things with better pay, then you go for that. This is America, not the Soviet Union. There are restaurants that pay their cooks and servers more in wages. They also cost more to eat there too. So, it comes to inflation. You want to increase minimum wage to $15, the cost of a meal is going to go up too, probably double. So, a McDonald's meal is going to cost $5 for a hamburger, not the Big Mac, just a plain hamburger. The Big Mac is going to be $11. No fries or soda too. A hamburger, fries and a medium Coke will be $10. A Big Mac, fries and a medium Coke will be $16.
Think about the trickle down effect of that. The volume of customers will drop by more than 50%. Other restaurants who are more upscale than McDonald's will have a higher wage, and even higher prices. So a diner that had a $10 platter of fried chicken, fries and a soda will now cost $20. A small Dairy Queen milkshake is going to cost $8.00.
Restaurants have closed due to the hurting economy. Less people can afford to eat out. Raising wages, and ultimately food prices is going to result in restaurants going bankrupt and closing down. The final repercussion is higher unemployment and even less jobs.
You're talking about an increase of pennies on the dollar for a few items on the mcdonalds menu if ALL employees experienced a doubling of their wages. That includes the CEO.
http://www.huffingtonpost.com/2013/07/29/mcdonalds-salaries_n_3672006.html
People are so caught up in the true class warfare (rhetoric against the poor), than they show hostility to the idea that increasing wages to the livable, would benefit the overall economy by enlarging aggregate demand. But people would rather coc00n themselves in a shell of right wing supply side bullsht.
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For me it comes down to a few things. . What is the point of Minimum wage? In my opinion the point of it SHOULD be so your employees make enough to live on(be able to afford the necessities) but clearly it is no longer a "living wage" and needs to be raised. But since minimum wage is a state by state basis, its a pain in the ass to raise since you have to deal with legislature and business interests. I think if you're working full time you should be able to live on your wage. McDonald's can afford it easily too.
Huffington Post article is making "presumptions". The minimum wage increases haven't been as monumental as a jump to $15. But if you have noticed, increases in minimum wage has resulted in increases in a cost of a meal and menu items at all the fast food restaurants.
McDonald's restaurants are franchises. The corporation makes money on franchise fees and property rental. The McDonald's corporation franchise fee is the same whether or not minimum wage is higher. It affects the bottom line for the franchise owner. The franchise owner has to pay the higher minimum wage, not the corporation. If you've ever been to a McDonald's in Manhattan, all the prices for everything is higher. It's allowed though. Those franchise owner have higher expenses than a McDonald's in Montana.
So if minimum wage is increased, it's the franchise owner who has to eat it if the prices stay the same according to nationally set prices by the corporation. Franchise owners are not allowed to set their own prices. There are marketing people who set the national prices accordingly to be competitive against Burger King and Wendy's. The way franchise owners would maintain profitability is to increase food prices. Which as I've stated earlier, has occurred with previous minimum wage increases.
Nintendough
#Kliq
GOOD...They need to do as much damage as possible. They do all of the real work that keeps the companies running, the top heavy paid guys are chewing on a pencil half of the day at meetings.