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Thread: McDonald's boss says he's "proud" of wages as thousands of workers call for a rise

  1. #141
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    A $15 an hour worker costs a lot more than $15 an hour. That's one of the problems with paying people more. It's $15 + SS + workman's comp + Medicare, and, if they're full time, + medical insurance. Often, you have to add in sick leave along with other sorts of leaves.

    Now, if the worker is worth $20 or $25 an hour, that' OK. If they're only worth $10, then the employer has a problem, which is generally solved by hiring fewer workers in one way or another, or by hiring illegal labor.
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Dittohead not! View Post
    A $15 an hour worker costs a lot more than $15 an hour. That's one of the problems with paying people more. It's $15 + SS + workman's comp + Medicare, and, if they're full time, + medical insurance. Often, you have to add in sick leave along with other sorts of leaves.

    Now, if the worker is worth $20 or $25 an hour, that' OK. If they're only worth $10, then the employer has a problem, which is generally solved by hiring fewer workers in one way or another, or by hiring illegal labor.

    McDonald's orders 7,000 touchscreen kiosks to replace cashiers

    When you are easily replaced by a machine, your time isn't worth much and you will be replaced. You are right about labor burden.
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nursmate View Post
    The folks who work at places like McD's, might have had a good job at one time...but lost it during the recession and off shoring. We also have seniors working at these places too...because they lost a big portion of their retirement during the Bush Administration and now forced to work at Walmart or fast food. I admire the folks who swallow their pride and take a job like this after earning a good middle class wage...at least they are paying their way. Nothing wrong with a honest days work. The part that bothers me...they can't live on less than 8 dollars per hour and the taxpayers supplement their wages while the upper crust of the company laughs about it. This should bother any tax payer. Then when these companies start to get nervous about minimum wage hikes..they threaten their customers with higher prices...making us supplement these wages again. I earn a very good wage...I also pay 36% in taxes...but I could care less if someone less fortunate earns more..it is no skin off my nose at all. Anyone with a degree in business, can see when more money is circulated, the better the economy. Higher wages equal more spending power and everyone benefits...right down to the Mom and Pop shop who sells ice cream.
    Why do you assume that McD's laughs at their employees making minimum wage? Can you make the equivalent of a McChicken sandwich and sell it for one dollar while providing clean and updated decor, employee uniforms and some benefits, taking on lawsuits up the ying yang from envious people, etc....? And if you believe in an honest days work, would you mind Mcdonald's offsetting the several extra dollars per hr. in minimum wage they could be paying by having welfare recipients work for free in exchange for their entitlements?

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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by polgara View Post
    Fairly good odds it's not going to be near the top of the range, either. Of course there will be the requisite exemptions made - they are necessary, you know, in order that the rest of the populous again be reminded how little they matter to those who run things.

    It's actually amazing in a way that strangers can just somehow magically know what's best for everyone. It's a tough job, but they feel qualified to do it, and we should appreciate their efforts on our behalf, and cease being the ungrateful wretches that ask questions - which are such an annoyance! :
    Absolutely. If $15 is enough for people to live on working at McDonalds, I don't see any reason why anybody should make any more than that. What's good for the goose, is good for the gander. So, what's good for the burger flipper is good for the research scientist or doctor. Lawyers, naturally, would be exempt. This is just common sense for common people. Uncommon sense is reserved for uncommon people.

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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nursmate View Post
    This is partly true...so since these company's and CEO's are American...do they have any responsibility to the overall financial health of the folks who work for them...or is it ok to you..that the CEO's and stockholders are living much larger today...enjoying the fruits of this wonderful country..while screwing over the ones who put them where they are? A mistake was made with the Unions and their extortion of wages..but even with that..are we better off today with lower wages and high profits. I could see your point..if these companies were struggling, but they are not and much better off than they were before. So, to you, the best solution was to move the companies into other countries...and screw Americans? This is as unpatriotic as it comes.
    No. That isn't in a CEOs job description. CEOs are tasked with returning shareholder equity, they aren't hired to be responsible for the "overall financial health" of their staff.
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by JC Callender View Post
    Why do you assume that McD's laughs at their employees making minimum wage? Can you make the equivalent of a McChicken sandwich and sell it for one dollar while providing clean and updated decor, employee uniforms and some benefits, taking on lawsuits up the ying yang from envious people, etc....? And if you believe in an honest days work, would you mind Mcdonald's offsetting the several extra dollars per hr. in minimum wage they could be paying by having welfare recipients work for free in exchange for their entitlements?
    They are laughing at the taxpayers for supplementing the wages of their staff. Yes...I think work exchange programs are a good idea, especially in areas of shortages. No one should get a hand out for doing nothing..but those who are truly trying, should receive a hand up such as an increase in minimum wage. Working for entitlement benefits builds a work ethic and self esteem and all companies should consider it. Even with all of the expenses you listed, McD's is still killing it in profits.

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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by tres borrachos View Post
    No. That isn't in a CEOs job description. CEOs are tasked with returning shareholder equity, they aren't hired to be responsible for the "overall financial health" of their staff.
    I am not sure where you work...but the CEO approves the operating budget and salaries are part of that. They determine what the annual increases will be.

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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nursmate View Post
    I am not sure where you work...but the CEO approves the operating budget and salaries are part of that. They determine what the annual increases will be.
    That has nothing to do with being responsible for my "overall financial health". The CEO approves a budget that he/she believes will return shareholder equity. A CEO isn't hired to give out salaries.
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by countryboy View Post
    Why exactly are they worth $15 an hour? Please be specific. Does this mean laborers and skilled tradesman making $15 will get a raise as well?
    I meant they are worth $15.00 total, not an hour.

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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nursmate View Post
    They are laughing at the taxpayers for supplementing the wages of their staff. Yes...I think work exchange programs are a good idea, especially in areas of shortages. No one should get a hand out for doing nothing..but those who are truly trying, should receive a hand up such as an increase in minimum wage. Working for entitlement benefits builds a work ethic and self esteem and all companies should consider it. Even with all of the expenses you listed, McD's is still killing it in profits.
    Can you post a link to McDonalds senior managers laughing at taxpayers, please?
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

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