Sounds like McDonald's can't afford to do business. I guess the free market will have them close.
The group said the costs “simply cannot be absorbed by the business model.”
They can do business, just not be as profitable if they can't pay slave wages. The problem here is in the quote... they don't want to change the model where the franchisee's earn a little less and their crews can actually afford rent.
Oh honey, no. The free market only applies when it works in their favor.
Big company suffers devistating effects when told to pay their workers well.
Well boo-fucking-hoo
In this case, the franchisees (small business owners) are saying the big business (McDonalds, which makes its money off of real estate and franchise fees) is going to be fine but they (the people that make money from owning a restaurant) are in trouble.
For many of them, it's true; they didn't consider whether they could open this business if they had to pay a living wage. Unfortunately, that's not our problem, but it won't be a problem for McDonalds either.
To quote FDR:
In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.
If you can't pay your workers a fair wage, you shouldn't run a business.
The guy who owns the franchise my nephew worked at in high school drove an actual Rolls Royce. He owned a few, but goddamn. The guy who owned the franchise I worked at 20 years earlier owned like 3 houses or something and flew planes as a hobby (idk if he owned one).
Excuse me for not giving a shit about a financial blow to people like them.
I just think of the SNL skit/song "boomers got the vax"
At one point Kenan Thompson is portraying a wealthy boomer and the song goes like;
I got the big-ass house and the SUV. Got my second house two, and my third house three. And the place in Vermont, and one in Miami!
Damn, I got five houses? That's a lot. Good for me.
And? Of course it'll cost them money. They have been hoarding pay increases for years. 8f your business model doesn't support paying a decent wage, your business model sucks.
McDonald's operates in many, many countries, several of which require minimum wage way higher than what they pay workers in the US. I'm sure they'll be fine.
Boo hoo. If you can’t run your business without exploiting the fuck out of people then you don’t deserve to be in business. Fuck off already your food is SHIT.
I guess they can't afford to do business 🤷
Go get a job, lazy ass "owners".
You mean, just like all restaurants and fast-food franchises were going to go bankrupt if they raised minimum wage to $15.00 up here?
It’s been several years, and I haven’t seen any boarded-up McDonald’s during that time.
and I say to them "eat shit and die"
That's what McDonalds tells their patrons too
If, like me, you're concerned that franchisees may not be able to raise prices and offset this $250k in yearly expenses, worry no more because they totally can.
This whole complaint is nonsense. That's a trivial markup per food item.
Besides, less fast food restaurants would be a good thing anyway.
I'm still waiting for taco trucks on every corner. Fuck that would be awesome
Has McDonald's seen what it charges for its garbage food these days? $20 ain't shit.
It's not like $20/ hr is even that much money - ~40k a year probably won't even qualify you to rent an apartment most places anyone wants to live.
BS. They said the same thing about $15, then COVID forced it on them (and presumably also raised their own costs for supplies), and it's been fine. I think my McDs charges 1.25 for a soda now instead of a dollar.
Boo hoo, if you can't capitalism right then your business should go under right? Isn't that what they believe?
No it won't, you'll just make slightly less profits, but you'll still be profitable. If it helps sweetie, you shouldn't have been making that much profit in the first place, you're just getting called out on your bullshit now.
If your business can't afford to pay a fair wage, it doesn't deserve to exist.
A devastating financial blow, to our yearly bonuses.
Good, any shit company that can't make living wages work don't deserve to be in business.
Fuck you, pay them
They may only be able to give executives a 20% raise next year if this goes ahead.
McDonald's CEO salary is at $20 million, but yeah paying the employees, who actually bring value to the company, a living wage is the problem
I call bullshit in Australian minimum wage, because they've been doing just fine paying more than that here, for quite a while.
Since they’ve been shrinking down the size of their meals and raising the prices along the way- I’ve no sympathy for them at all. Let them go under. We’d be better off.
Go fuck yourself, world's leading fast food restaurant and the inventor of the chain franchise. Billions served, hundreds of billions of dollars made, millions of tons of food thrown away, and still can't afford to pay people a living wage? Instead of eating McDonald's, let's just eat McDonald's. Eat the rich!
They always say this, it never happens because the min wage when it was originally implemented would be 35 dollars now. It didn't happen then, it won't happen now, but the press just reports this stuff like McD's is serious.
Don't threaten me with a good time.
Oh darn. Anyway
It will be ever so devastating for their employees to actually be able to afford a meal at their own restaurant.
Whatever will they do with all of these new customers that are also their own employees.
/s
... to the franchisees 🙄 To everyone else though, we'll get a livable wage.
And let's be honest, this devastating financial blow they speak of probably just means 1 less yacht for them.
They can just run the kitchens themselves to save a few bucks
Poor-poor tiny McDonald's.
You lot are so unsympathetic this could mean some people will have to wait another year for their private islands where's your humanity!
Work Reform
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.