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Old 07-31-2013, 09:20 AM
 
Location: Long Island, NY
19,792 posts, read 13,938,401 times
Reputation: 5661

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Quote:
Doubling the salaries and benefits of all McDonald's employees -- from workers earning the federal minimum wage of $7.25 per hour to CEO Donald Thompson, whose 2012 compensation totaled $8.75 million -- would cause the price of a Big Mac to increase just 68 cents, from $3.99 to $4.67, Arnobio Morelix told HuffPost. In addition, every item on the Dollar Menu would go up by 17 cents.
Doubling McDonald's Salaries Would Cause Your Big Mac To Cost Just 68¢ More: Study [UPDATE]
I would gladly pay 68 cents more so people get a better salary and don't need SNAP to live.
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Old 07-31-2013, 09:23 AM
 
Location: Great State of Texas
86,052 posts, read 84,423,802 times
Reputation: 27720
There's a flaw in this student's proposal.

He claims expenses would stay the same.

If you double the salary you have to double the employer tax liability as well.
Employers pay a percentage to the government, not a fixed dollar amount.
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Old 07-31-2013, 09:26 AM
 
Location: SF Bay Area
12,287 posts, read 9,814,094 times
Reputation: 6509
Plus you would also have to double everyone else's pay along the line.

The shift lead needs to make more than the cashier.
The shift supervisors needs to make more than the shift lead.
The assistant manager needs to make more the the shift supervisor.
The store manager needs to make more than the assistant manager.
The area manager needs to make more than the store manager.
The regional manager needs to make more than the area manager.
You see where this is going.
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Old 07-31-2013, 09:27 AM
 
18,069 posts, read 18,796,471 times
Reputation: 25191
Here is what some of you people do not understand; the pay is based on the availability of the skill, I do not see what is so difficult to understand about this.

Flipping burgers is a no skilled job, that is why is offers low wages, because almost everyone can do this. A rocket scientist on the other hand, as a higher skill set and is harder to find, thus when a company needs this skill, the wages are higher because there is less available people with this skill.

Whether a person qualifies for SNAP or not is not a concern of a business, it is the government that sets that standard.
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Old 07-31-2013, 09:27 AM
 
16,545 posts, read 13,444,126 times
Reputation: 4242
Doubling their salaries would cause all other salaries to double. There is no way in the world that a fry cook should be making anywhere near 1/2 of what a skilled worker say in IT makes.
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Old 07-31-2013, 09:27 AM
 
Location: North America
19,784 posts, read 15,100,477 times
Reputation: 8527
People should get how much an hour for flipping burgers???

The lower the skill set the lower the wage.
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Old 07-31-2013, 09:28 AM
 
Location: Great State of Texas
86,052 posts, read 84,423,802 times
Reputation: 27720
It's a very biased article to say the least.

The journalist that wrote it must not have a good understanding of how a business is run.
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Old 07-31-2013, 09:28 AM
 
Location: Japan
15,292 posts, read 7,750,774 times
Reputation: 10006
Will the wages of all the people who grow the potatoes, raise the cattle, process the meat, transport it, build and maintain the machines, etc. etc. also be doubled? We might run into some additional cost there...
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Old 07-31-2013, 09:29 AM
 
Location: A great city, by a Great Lake!
15,896 posts, read 11,978,406 times
Reputation: 7502
Quote:
Originally Posted by shooting4life View Post
Plus you would also have to double everyone else's pay along the line.

The shift lead needs to make more than the cashier.
The shift supervisors needs to make more than the shift lead.
The assistant manager needs to make more the the shift supervisor.
The store manager needs to make more than the assistant manager.
The area manager needs to make more than the store manager.
The regional manager needs to make more than the area manager.
You see where this is going.

And of course we all know that it's unlikely that the wages for those positions will increase.
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Old 07-31-2013, 09:30 AM
 
Location: Del Rio, TN
39,838 posts, read 26,470,585 times
Reputation: 25732
Are people REALLY that stupid? If you double the minimum wage, not only does the cost of the direct wages of the MDs workers increase, but every item they buy goes up accordingly. From the driver delivering product, the cleaning people, the people baking the rolls, the farm workers preparing and butchering the beef and chicken...and maybe even the people picking the lettuce...assuming they are "legal".

The more I read from Huffington Post and other liberal sites out there, the more I comprehend just how many ignorant, if not downright stupid people there are out in public. Yes, they walk among us...makes Zombies look pretty non-threatening.
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