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

  1. #151
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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.
    They are killing it in profits, but what's wrong with that, they have one of the best business plans ever devised, there should be a reward. Btw, I posed a question in an earlier post...if wages are raised to $15/hr, do you believe the workers should be forced to take on more responsibility, such as management duties, weird hours, make advertising/marketing decisions, etc...?

    And in my opinion, I don't think most are laughing at the taxpayers either, look at all of the taxes they're paying.

    Also, I'm glad you believe in people working for entitlements, and I agree with you that it could build work ethic and self esteem.

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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
    It doesn't work like that...for the one person making 15.00 per hour....there are 25 or more customers spending 15-20 per transaction.
    So the true and simple ratio...15.00 per hour: 375.00 in sales for the hour. They are still making a great profit based on volume. I do agree, the Unions were a big part of pushing jobs overseas...but by doing that...look what happened to our middle class. Overall, their reasoning to earn greater profits hurt the US gravely. Even tho, the wages of the auto workers were inflated, they were able to spend more money...they built nice houses, were able to buy cars for their kids sweet 16 birthdays and many industries benefited from it. Today, a new auto worker for Ford starts at 13.00 per hour..but you notice the price of cars have not gone down...and are more expensive than ever. I was in sales in the 80's and burned through a lot of cars...I used to pay cash for them and drove them till they died. I paid cash for a Pontiac Fiero...3500.00 (1987) brand new out the door, today that car would be 20,000.
    You are claiming you bought a new Fiero in 1987 for $3500.00 cash?

    Is that right?

  3. #153
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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.
    Are you asking if the CEO of a company is responsible for the financial health of it's employees?

    Do you really want that to happen?

    Should an employee get permission from the CEO of the company he works for if he wants to buy a new car?

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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 ludin View Post
    we are told tough luck. that is my problem I make good money now, but if the burger flipped makes 15 an hour no one is going to give me a 60% increase in pay and my job is way more difficult requires travel and a whole bunch of other things.

    I will get the same pay increase as I always get.
    But it seems the lowest common denominator is what is important now, and all others can suck eggs.

    This is a road with a dead end coming very soon.

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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 should fast food restaurants or a retail store change their economic model because this happened?

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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.
    Does anybody know with the increase to $15.00 just how much extra the employee would actually keep in his pocket considering he will have to start paying local, state and federal income taxes?

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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 Nicci View Post
    FUD, larger towns generally pay more for the same position.
    Not for minimum wage jobs they don't. C'mon, you're just throwing excuse after excuse as to why you didn't avail yourself of the mobility we have in this country.

    Quote Originally Posted by Nicci View Post
    I can tell you from personal experience you'd be wrong. I'm glad you got the help to move, but making things up is just silly. There is a reason a lot of the fly over states are called "economic black holes" its hard to escape them without assistance. Be it college acceptance or a job offer from another state. That is why mobility is a luxury.
    Wow, and right after I told you I made the majority of those moves on my own. For most of them I didn't even have family support, or friends (a bit of a loner when I was young). And no, the "flyover states" are only called that by those who are arrogant idiots of the coasts, and no one refers to them as "economic black holes", except for you maybe in order to make your argument. People move on a wing and a prayer all the time. Never been to LA have you?

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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
    It doesn't work like that...for the one person making 15.00 per hour....there are 25 or more customers spending 15-20 per transaction.
    So the true and simple ratio...15.00 per hour: 375.00 in sales for the hour. They are still making a great profit based on volume. I do agree, the Unions were a big part of pushing jobs overseas...but by doing that...look what happened to our middle class. Overall, their reasoning to earn greater profits hurt the US gravely. Even tho, the wages of the auto workers were inflated, they were able to spend more money...they built nice houses, were able to buy cars for their kids sweet 16 birthdays and many industries benefited from it. Today, a new auto worker for Ford starts at 13.00 per hour..but you notice the price of cars have not gone down...and are more expensive than ever. I was in sales in the 80's and burned through a lot of cars...I used to pay cash for them and drove them till they died. I paid cash for a Pontiac Fiero...3500.00 (1987) brand new out the door, today that car would be 20,000.
    A new hire at Ford makes $13/hr?

    Hardly.


    Wage increases for Entry-Level workers add to their base pay | UAW

    FMC Starting Wages.jpg

    As to prices, do you have any idea how much it costs Ford to meet all the government mandates?
    President Donald J Trump, 45th President of the United States of America. A victory born in the hearts and minds of Everyday Americans

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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.
    Yes, that's nice. But again CEOs have a legal duty to the shareholders, not the employees.

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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 ocean515 View Post
    A new hire at Ford makes $13/hr?

    Hardly.


    Wage increases for Entry-Level workers add to their base pay | UAW

    FMC Starting Wages.jpg

    As to prices, do you have any idea how much it costs Ford to meet all the government mandates?
    Actually the chart is uplifting and good news. I only based my starting figure on what people have told me. I have students who work for Ford locally and a few neighbors. I wonder if the UAW sets those wages on cost of living in the different States and those figures are averaged.

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