As I said, the discussion of "living wage" is an oxymoron - at best!
Now, to be clear, McDonalds employs approximately 150,000 people DIRECTLY with about 70% OUTSIDE of the USA - in corporate management and corporate owned stores. That number is down by 50K in the last few years - as you guessed, that damn liberal created virus called COVID is to blame!
Between 1.7 to 2 million are employed INDIRECTLY thru franchised outlets.
The revenues McDonalds reports are a combination of burgers sold thru corporate owned stores and the rest thru franchise fees a franchise pays.
The franchisee pays about 8% of gross sales in addition to an initial cash layout of 1 to 2 million depending on location, market share etc. In addition, the franchisee pays corporate McDonalds for the cost of the physical store similar to a "rent to own" type of arrangement. These fees are paid regardless of the actual franchisee's profit or loss. The franchisee hires the employees and pays them and insures them.
Approximately 93% Of McDonald's restaurants worldwide are owned and operated by independent local business owners.
Now, having said all that, I really don't care if the McDonald's CEO gets paid 17 million. I do take some issue with the former CEO who was "let go" due to "inappropriate sexual relations with a fellow female employee" and allowed to keep his multimillion dollar "golden parachute." I doubt the drive thru order taker boy having "inappropriate sexual relations with a fellow female employee" would allow him to continue to be paid after termination. I'd have a little more empathy however, if the number of times the McDonald's CEO eats at McDonald's each year was MORE than the number of times he eats at Morton's Steak House - but well, he makes 17 million, so what does he care about spending 100 to 200 bucks per person for dinner.
I'm surprised however that the simple math I pointed out in my first post was completely missed. As I originally stated, back in 1970 a Big Mac cost 65 cents, French Fries were 26 cents and a Coke was 15 cents. That's a total of $1.06 plus tax. As I also said, the "burger slingers" were paid $1.95 per hour - and at HOTPE pointed out, may have been a $1.50 per hour or even a $1.25 for being a girl.
So, a worker in 1970 made let's say a $1.50 per hour and dinner cost them $1.06.
Today, a worker makes about $14.00 per hour and according to the Keaau McDonald's menu board a Big Mac Meal, with fries and a coke costs $11.89 plus tax.
Back in 1970, where I grew up, getting a job at McDonald's was even sponsored thru various local high schools - it was a steppingstone to entering America's work force - and as I recall fondly, a coveted social ladder status climb of about 4 rings.
So, what's the real bitch here all about?
Other than the desire to bitch about something that has been more or less dollar for dollar equal for the last 50 years?
"What country would have to be subjugated to provide the inputs"
Think of how many countries McDonald's has subjugated in order to allow it to open its stores outside of America? And even in America. And even here in Hawaii.
"you're probably union material"
Absolutely nothing wrong with unions. When you consider the statistics of the whole that union employees are better paid, better insured, healthier etc., as well as the union employer safer and more profitable. Granted, not all unions have been good, but in the total whole, still much better in every imaginable statistical way of being measured.
Also, vary very rarely do we find a union employer hiring those nasty god forbidden illegal aliens who seemingly even swim here for freedom.
"Fast Food as a phrase is a funny one because our food used to be fast and run away from us"
Now that's just funny!
Now, to be clear, McDonalds employs approximately 150,000 people DIRECTLY with about 70% OUTSIDE of the USA - in corporate management and corporate owned stores. That number is down by 50K in the last few years - as you guessed, that damn liberal created virus called COVID is to blame!
Between 1.7 to 2 million are employed INDIRECTLY thru franchised outlets.
The revenues McDonalds reports are a combination of burgers sold thru corporate owned stores and the rest thru franchise fees a franchise pays.
The franchisee pays about 8% of gross sales in addition to an initial cash layout of 1 to 2 million depending on location, market share etc. In addition, the franchisee pays corporate McDonalds for the cost of the physical store similar to a "rent to own" type of arrangement. These fees are paid regardless of the actual franchisee's profit or loss. The franchisee hires the employees and pays them and insures them.
Approximately 93% Of McDonald's restaurants worldwide are owned and operated by independent local business owners.
Now, having said all that, I really don't care if the McDonald's CEO gets paid 17 million. I do take some issue with the former CEO who was "let go" due to "inappropriate sexual relations with a fellow female employee" and allowed to keep his multimillion dollar "golden parachute." I doubt the drive thru order taker boy having "inappropriate sexual relations with a fellow female employee" would allow him to continue to be paid after termination. I'd have a little more empathy however, if the number of times the McDonald's CEO eats at McDonald's each year was MORE than the number of times he eats at Morton's Steak House - but well, he makes 17 million, so what does he care about spending 100 to 200 bucks per person for dinner.
I'm surprised however that the simple math I pointed out in my first post was completely missed. As I originally stated, back in 1970 a Big Mac cost 65 cents, French Fries were 26 cents and a Coke was 15 cents. That's a total of $1.06 plus tax. As I also said, the "burger slingers" were paid $1.95 per hour - and at HOTPE pointed out, may have been a $1.50 per hour or even a $1.25 for being a girl.
So, a worker in 1970 made let's say a $1.50 per hour and dinner cost them $1.06.
Today, a worker makes about $14.00 per hour and according to the Keaau McDonald's menu board a Big Mac Meal, with fries and a coke costs $11.89 plus tax.
Back in 1970, where I grew up, getting a job at McDonald's was even sponsored thru various local high schools - it was a steppingstone to entering America's work force - and as I recall fondly, a coveted social ladder status climb of about 4 rings.
So, what's the real bitch here all about?
Other than the desire to bitch about something that has been more or less dollar for dollar equal for the last 50 years?
"What country would have to be subjugated to provide the inputs"
Think of how many countries McDonald's has subjugated in order to allow it to open its stores outside of America? And even in America. And even here in Hawaii.
"you're probably union material"
Absolutely nothing wrong with unions. When you consider the statistics of the whole that union employees are better paid, better insured, healthier etc., as well as the union employer safer and more profitable. Granted, not all unions have been good, but in the total whole, still much better in every imaginable statistical way of being measured.
Also, vary very rarely do we find a union employer hiring those nasty god forbidden illegal aliens who seemingly even swim here for freedom.
"Fast Food as a phrase is a funny one because our food used to be fast and run away from us"
Now that's just funny!