More basic dishonesty from McDonald’s and from Fortune. If he really wanted to raise the lowest hourly wages for his salaries, he could have done so already. There’s no need to wait for a minimum wage increase.
I’m really quite sure that nobody is working mcdonalds for (edit: federal) minimum wage. Who would take that job? These stats are online and easy to see, fast food is hiring much closer to 18/hr than 8. (Edit: that said, there are apparently still a few states with average starting pay closer to $10. So I’m no longer so sure about everybody. Still pretty sure it’s rare.)
This makes sense. A ceo endorses this policy when it hurts his company less and others companies more.
More basic dishonesty from McDonald’s and from Fortune. If he really wanted to raise the lowest hourly wages for his salaries, he could have done so already. There’s no need to wait for a minimum wage increase.
I’m really quite sure that nobody is working mcdonalds for (edit: federal) minimum wage. Who would take that job? These stats are online and easy to see, fast food is hiring much closer to 18/hr than 8. (Edit: that said, there are apparently still a few states with average starting pay closer to $10. So I’m no longer so sure about everybody. Still pretty sure it’s rare.)
This makes sense. A ceo endorses this policy when it hurts his company less and others companies more.
I literally worked a few months at McDonald’s two years ago at $8/hr.