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

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


I think McDonald's can afford to keep the dollar menu if they choose to consider their customer base instead of greed. McDonald's are raising their prices anyway...we ordered two drinks, two Southwest salads and fries the last time we ate there and it was 25.00 for two. We were shocked, since we never eat there and decided that next time Apple Bees's is just as comparable. There are enough in the annual profits to accommodate a few dollars going toward their workforce...and would never miss it. We are not talking a huge sum of money. An increase in minimum wage increases buying power in other areas. The extra money paid could buy a extra gallon of milk and this helps the dairy farmers for example.

http://www.statista.com/statistics/208917/revenue-of-the-mcdonalds-corporation-since-2005/
 
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Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Doesn't take long when the loan isn't 1M dollars.

You should know that.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
Doesn't take long when the loan isn't 1M dollars.

You should know that.
Click to expand...


please read post 44 and the attachment

a million would be on the low end of investments

hell....a subway franchise costs a cool quarter million

nothing is cheap anymore....
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


you have no idea what you are talking about and didn't read the link.

in order to start a mcdonalds you have to have 40% of the investment as non-borrowed funds. the rest can be financed.
it isn't the extreme it is the truth which you obviously don't want to know about.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

McDonald's Franchise Information

this is updated info

franchise investments from 1m to 2.3m

then you pay rent based on sales

you pay a 4% sales commision

and you HAVE to buy all your product from the manufacturer (which is where mcdonald's makes most of its money)

and after all of that.....the average franchisee in the US makes 240k (working 60-70 hours per week)
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


There hasn't been enough time to adequately see the effects of the cost of the higher minimum wage in those places. Btw, higher or lower unemployment and drop outs from the workforces in those states/localities?

Nicci said:
There it is again, calling people stupid for no reason. Well done, good sir, this is a fine example of the problem
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The only problem is yours, failing to recognize there IS good reason to presume those folks who remain in a minimum wage position for years and then complain about not making enough are indeed stupid.


I started as a driver, worked my way up to assistant manager, then manager of one location, then district manager, then operations manager for all eight. All this while I was going to school part time and raising a daughter on my own. But nice try.

And if that last statement of yours is true then you are against food stamps? Silly in my view.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

I keep forgetting you guys are talking about opening one right now.

I assure you, over a decade ago, the costs were not that much.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

clownboy said:
There hasn't been enough time to adequately see the effects of the cost of the higher minimum wage in those places. By, higher or lower unemployment and drop outs from the workforces in those states/localities?
Click to expand...
No there hasn't because people aren't actually doing it company wide, so the cost increase is even smaller than the studies would indicate.


clownboy said:
The only problem is yours, failing to recognize there IS good reason to presume those folks who remain in a minimum wage position for years and then complain about not making enough are indeed stupid.
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Someone being told "no" is not their fault and shouldn't have the blame placed on them or be told they are "stupid". Out of touch with min wage workers is what it appears to me is going on with your thoughts so far.


This was how many years ago?

There is no reason to have food stamps to supplement a working person, (full time mind you) when the businesses they work at are easily able to pay for a living wage.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
I keep forgetting you guys are talking about opening one right now.

I assure you, over a decade ago, the costs were not that much.
Click to expand...

Yes, they were, in yesterday's dollars. Not to mention you seem to be under the mistaken impression that fees are one time. Not true, they are recurring as has been pointed out to you. I understand, you haven't clue one how to run your own franchise/business.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


I really don't understand how someone could advocate for higher wages in a heavily service oriented company and then actually say that it's not going to increase costs to the consumers. It's magical thinking.

All costs of a corporation, whether they be employment, taxes, regulations, or what have you, are paid by the people who consumes the company's products. Liberals want higher taxes, more costly regulations, and higher wages. They have no regard or concern for the ordinary people who consume those products.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
No there hasn't because people aren't actually doing it company wide, so the cost increase is even smaller than the studies would indicate.
Click to expand...

Gee, that's a nice bit of cherrypicking there. As has been pointed out to you, most of the McDonald's are franchises, NOT corporate. So, "company wide" is ONE store, perhaps two.

Nicci said:
Someone being told "no" is not their fault and shouldn't have the blame placed on them or be told they are "stupid". Out of touch with min wage workers is what it appears to me is going on with your thoughts so far.
Click to expand...

More excuses.

Nicci said:
This was how many years ago?
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And what does that matter? Are you still thinking franchises are less expensive to maintain and operate now? You are wrong if so.

Nicci said:
There is no reason to have food stamps to supplement a working person, (full time mind you) when the businesses they work at are easily able to pay for a living wage.
Click to expand...

Again, nonsense. When you raise the floor, that is the new low point in income and sooner rather than later those folks will be needing the food stamp program again.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Fascinating how conservatives look down on the less fortunate people and how they actually root against other working people.

Compassionate conservatism and it's idea of trying to improve the general welfare of society is dead and gone. It's been replaced by vicious greedy people who worship their politics and selfish ideology.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Please define "less fortunate".
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


In some ways, I agree with you

I work very hard for what I have....and I know what it took to get me to where I currently am

I detest the victim society that is being created now.....everyone is a victim and nothing is ever their own fault

People no longer have to stand on their own two feet....just hold out your hands and the progressives will see your plight and grant you whatever amnesty you require

I gave over 40k in charity last year....more than some, less than others

But I know where it went, and who it helped

I was raised that if I wanted something, go out and earn it....no one was going to give me anything

My kids were raised the same way.....

I don't have an issue with someone needing a hand up when bad luck, or something disastrous strikes them

I have major issues with families that have never worked.....three generations raised on welfare......how did we ever get to this point?

You want to earn money....wonderful......there are jobs to be had

we need to provide training, and a chance to get out from under......after that it is up to the individual to work or starve
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


If that 240K means net, then it's not so bad. If it's gross, before paying out the rent/loan on the building and property, then it's not so much.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

I bet he's proud to have coerced so many into lining his own pockets.

Having said that, the correct response to wages you find unacceptable is to quit. Do it in the most damaging possible if you want - walk out at the dinner rush, organize a large strike, whatever - but it doesn't make sense to protest your **** wages and then proceed right back to working for the same **** wages, as i'm sure practically all of them will. If the work isn't worth the reward, prove it

That guy being quoted wants tons of sympathy, hiding behind his kids, but it's a pet peeve of mine. Don't have kids, and especially not 3, if you can't support them. And don't imply that workers without kids don't deserve or need more than $8/hr
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Yeah well, tell it to the phillipines nike workers making 7 cents an hour making shoes that sell for $100. Tell it to GM which left flint to the birds, moving a plant to mexico in the 1980s just to make $8 billion profit instead of $7 billion, then gets a bigass government bailout as a reward. The type of extortion you're talking about has been taking place forever. Corporations are soulless and i'm pretty sure so are the execs running them. You want to effect change, the only way is forcing it on them, not asking them to "choose X instead of greed."
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Almost no one does.

If you work full time (2000 hours per year) at $7.25 per hour, that equals $14.500 per year.

The national poverty line for one person in the lower 48 states for 2015 is $11,770. For five people it is $28,410.

2015 Poverty Guidelines

That means a family of five (assuming two parents) would be above the poverty line if both parents just worked full time at the national minimum wage.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci, you might want to pay attention to what was actually said instead of spewing your agenda driven drivel.
Your replies were not pertinent to what was said as it was not an in-general statement, but predicated on a person working in the same place for 11 years at minimum wage unless they were.
That type of person is deserving of such disdain.




chromium said:
Yeah well, tell it to the phillipines nike workers making 7 cents an hour making shoes that sell for $100.
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:doh
1. Not in that market they don't.
2. Tell that to other countries shoe makers/employees who can't sell their product in that market because they cost to much.


chromium said:
Tell it to GM which left flint to the birds, moving a plant to mexico in the 1980s just to make $8 billion profit instead of $7 billion,
Click to expand...
And? A business in in business to make a profit. Period.


chromium said:
then gets a bigass government bailout as a reward.
Click to expand...
Stop conflating.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

I strongly doubt that they would be listened to unless they actually stopped working for thecompany that they believe is under paying them , but nothing is wrong with peaceful protesting and its a right I strongly advocate . As long as it doesn't turn out like the battle of the overpass then it should be fine . History, Travel, Arts, Science, People, Places | Smithsonian
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Food stamps are the cost of bad government policy. There is no reason to shift bad policy costs on mcdonalds. It's not McDonald's fault the environmentalists wackos decided to take over the government and save a stupid owl or a giant vulture that can't feed itself.

Seriously people could make good money working on shell oil rigs, yet the same city government that passed 15 an hour is trying to shut that down, the same city government that passed 15 per hour is shutting down freeways and building 100 foot long 10 billion dollar holes in the ground with a broken machine sitting in them, why should Ronald pick up the idiocy costs that are preventing union jobs in the first place?
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


I'll hint, it's not that hard. Or at least, most I see working there don't work all that hard. I worked at a fast food chicken place when I was a teenager, I got regular raises, and worked pretty hard. But for a young person, the work shouldn't really be all that physically taxing.

That's the trouble with many young people today, they think the raise comes first, then the motivation. That's not how it works. This is the entitlement mentality we have cultivated in this country. Thanks FDR. :roll:

And seriously, have you been to a McDonald's lately? Fifteen bucks an hour? Surely you jest. :roll: I have walked out on multiple occasions after being ignored by multiple employees. A simple "we'll be right with you", would go a long ways. I'm sure once they are starting out at $15 an hour that'll all change. :roll:

And, even though someone mentioned a "dollar menu", for the most part, McDonald's is very expensive (all fast food is these days). A tiny little egg mcmuffin is almost five bucks. How expensive do you think fast food will become when the starting wage is $15 an hour? This is a classic case of cutting off your nose to spite your face.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
Yes, I did. After the tech bubble burst, my options were change majors and become more in debt and hope there is a different job when I got out, or continue to work at the Fast Food and eventually try to move up the ladder.
Click to expand...

Really? Those were your only options? Please give us a break.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


How can you figure profit margins from simply running gross deposits? Please elaborate.

So far, your understanding of how business works if obvious. You don't have a clue. No offense to you, but it is obvious.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Well then, if it's so easy, why don't you do it?
 
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