OAK BROOK, Ill.-- McDonald's CEO Steve Easterbrook told shareholders on Thursday that he was "incredibly proud" of the company's recent efforts to increase its workers pay as thousands of protesters calling for a $15 an hour minimum wage gathered outside the fast food company's headquarters. [...] "I am incredibly proud of the announcement we made around minimum wage," Easterbrook said of the $1 per hour hike. "We voluntarily took a leadership position on this." [...] "It's a struggle to pay my basic bills and have even a few dollars left over for unexpected needs or an emergency," said Richard Eiker, 46, who works at a Kansas City, Mo., McDonald's and took part in the protest. He earns $11.05 an hour after working at the same franchise for 15 years. [...] "Holdan, president of the payroll and human resources company Paymasters, said that stores there were forced to cut hours to deal with a minimum wage increase in the state that went into effect last year. Michigan's minimum wage is $8.15. Holdan, whose company works with some McDonald's franchises in Michigan, says that in the seven months after the minimum wage increase, the number of hours employees were scheduled for dropped by 9% and there was an 8% reduction in the number of employees on payroll." Clipped from: http://www.usatoday.com/story/money...orkers-shareholders-meeting-protest/27705321/ I think the gist here is that on one hand they're "increasing the minimum rate we pay our workers" and on the other hand finding ways to get rid of said workers. Corporations do not give one shit about you or your livelihood. They exist to make rich people richer. The fact that the little guy might be able to work at one and squeeze out a wage is a side-effect and not their goal. I'm not lovin' it.
Pretty fair conclusions drawn. Though we all knew that no? The problem most have with a large number of the rich and wealthy nowadays is not the Elon Musk types which every society needs and which every society is more than happy to compensate richly for their innovative spirit and risk taking. It is the countless mediocre CEOs and managers that still get paid tens if not hundreds of millions in compensation for abysmal quality of work. It is ridiculous that compensation committed even today set compensation as function of share price and not relative out performance of share price.
Imagine if instead of a lame touch screen, your order was taken by a foxy Japanese robot wearing a beautiful Kimono. She is the future McDonalds worker. And i'm ordering more than a Big Mac.
Oh, totally man. There's an entire upper class of useless rich idiots whose purpose in life seems to be siphoning off dollars from the hard work of others while actively participating in protecting said wealth from the dirty unwashed masses.
omg, this is so hilarious, especially for anyone who has ever lived in Japan for any prolonged period of time. I hope not to find any of those weird motioned, eye tweaking, robots to greet me anytime at Tokyo's department stores, it looks extremely gay.
I guess I forgot in this list of overpaid and pretentiously busy and efficient upper corporate "echelons" the masses of those who inherited and hardly put a single dime to good work, the masses who are born into nepotistic families/governments (most of the rich in Saudi Arabia and rest of the Middle East, many in South Asia), and those who are cronies or descendants of those of corruption and bribery (China and South Asia in particular among others). Each category listed above has its few law abiding, hard working people but the percentage in those lists is incredibly small. Back to the topic...
%%%%%%%%%%%%%%%%%% Maybe party true, but I tend to favor clacy post; but many people will pay a bit more for good customer service.Even IB says get 2 accounts I learned recently MCD stores were spared in LA riots; why?????? because of customer service,+ Ronald McDonald house ,and in other word the rioters knew MCD cared about community.Too bad for the loser socialists+ NAZI[national socialists]
I am in no way disparaging mcd workers but these folks CHOOSE their professions. The reason they can't pay their bills is not MCD's fault but rather their own fault for overspending relative to their income. This issue isn't relegated to minimum wage workers. I know several people who earn over a million per year or around $340 per hour who can't pay their bills and are always struggling. surf