@ Nosea. If you don't like CEOs, don't be one! Problem solved. If you
are a teenager with no marketable job skills McDonalds might hire you and give
you experience that you can use to your advantage in a higher paying job that
requires more skills as you skills increase to match the job requirements. If
you are trying to support a family on minimum wages, what were you doing when
you were a teenager? The idea is improve your marketable jobs skills so you can
get a job that demands your higher skills, thus higher pay! In other words,
employers will pay you what you are worth to them! Its why doctors, CEOs and
engineers make more than burger flippers and custodians. Imagine that! Its a
great system because it provides wonderful incentives and rewards for self
improvement, personal achievement and personal growth, those characteristics
that make people and societies better. Wealth is generated by producing goods
and services that are in high demand, that people are willing to pay you for.
The higher the demand and the less the supply, the higher your income will be.
See how easy that is?
So CEOs are so much more skilled than burger-flippers that they deserve to take
home $20 million plus per year (actual compensation of McDonald's CEO),
1500 times more than burger-flippers? To those who can think past their nose, it
is obvious something has gone way awry.The greed of those at the top
knows no bounds, and that is what destroying our economy -- driving unemployment
to all-time highs and sinking the middle class into poverty. All so the 1% can
walk away with it all as the rest of us watch good jobs disappear while we are
all pushed towards McJobs (the only jobs in growth mode).
Jobs pay according to skill level and demand for employees. Obviously it takes
almost no skill level to flip a burger and unfortunately there are a lot of
people who will take this job. What is disturbing is the assumption that no
matter what the job is the employee should be making at least 40K per year.
This socialist mentality is dangerous and does not encourage individuals to
Sure I could live on this budget...if I lived in my car.
Is this info a surprise to anyone? Do people really think of a minimum wage job
at McDonalds as a permanent career choice? Entry level jobs at McDonalds are
great for students and those needing to suppliment an existing income, etc. But
if you need to permanently support yourself or a family, you better plan on
getting promoted quickly, going back to school or finding another job.
If I was single and 20 again I could probably get by on a minimum wage job. But
sacrifices would have to be made. I would have to fix my own meals, not have a
cell phone, no cable, computer, or internet. I would most likely be using my
bike for transportation to and from work and carrying a sack lunch which I still
do most days. And you seldom go out for a movie or meal.
Don't like what McDonalds pays?Get a second job. Or third.Or go elsewhere where your skills command a higher pay.Pretty simple really.It's not McDonalds responsibility to pay
the bills of its employees. Its the employees responsibility.
Why does the article assume that the McDonalds employee is the one with the
second job, and not a spouse or family member? Both my wife and I work. Can fault McDonalds for being realistic about a minimum wage job.
You're not going to live a very comfortable life on just $8 an hour.