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The Magic Cafe Forum Index » » Not very magical, still... » » McDonalds to start paying $15 - $20 minimum wage any day now (16 Likes) Printer Friendly Version

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LobowolfXXX
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You guys know they're not actually DOING it, right?
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley.

"...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us."
tommy
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In the 1950s USA the minimum wage was 40 cents and was raise to 60 cents as I recall.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.

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RNK
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Quote:
On Jun 11, 2015, The Hermit wrote:
When you do a job that requires no skill, you get no skill pay. Why do liberals think someone is owed a living wage.

All business is the same. CEO pay is never a reason the little people are not paid enough. They're not worth it. period. You're paid your worth to the company. Don't feel worthy? Go somewhere else that wants your special skill.
[/quote]

Scratching my head for years on why Liberals think that........ It seems its all about equality. They don't understand some jobs are meant for students and people to work temporarily in hindsight to BETTER themselves and get training for a job that you will get paid based on your knowlede and skills.

Now be careful Hermit- you may offend some here with your choice of words, "They're not worth it". To the left, those are such harmful words to stomach. In their eyes everybody is worth it and should be given the opportunity to make a living off of flipping burgers so you and I and others who better ourselves and struggle through school with loans and hard work accommodate by paying more. Take from the wealthy and give to the less fortunate who have no work ethic and chooses not to better themselves.
rockwall
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On Jun 12, 2015, LobowolfXXX wrote:
You guys know they're not actually DOING it, right?



Smile
mastermindreader
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Quote:
On Jun 12, 2015, rockwall wrote:
Quote:
On Jun 12, 2015, LobowolfXXX wrote:
You guys know they're not actually DOING it, right?



Smile


Well, if I made the mistake of assuming that rockwall's OP was truthful, I apologize. I certainly won't make that obvious mistake again.

But I'm still amazed that there are those here who seem to believe that businesses SHOULD NOT have the right to pay their employees a higher-than-minimum wage if they so choose.
Intrepid
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Quote:
On Jun 12, 2015, mastermindreader wrote:
Quote:
On Jun 12, 2015, rockwall wrote:
Quote:
On Jun 12, 2015, LobowolfXXX wrote:
You guys know they're not actually DOING it, right?



Smile


Well, if I made the mistake of assuming that rockwall's OP was truthful, I apologize. I certainly won't make that obvious mistake again.

But I'm still amazed that there are those here who seem to believe that businesses SHOULD NOT have the right to pay their employees a higher-than-minimum wage if they so choose.

Who made that claim? Business have to compete with each other for talent.
Bob
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Quote:
On Jun 12, 2015, mastermindreader wrote:
Quote:
On Jun 12, 2015, rockwall wrote:
Quote:
On Jun 12, 2015, LobowolfXXX wrote:
You guys know they're not actually DOING it, right?



Smile


Well, if I made the mistake of assuming that rockwall's OP was truthful, I apologize. I certainly won't make that obvious mistake again.

But I'm still amazed that there are those here who seem to believe that businesses SHOULD NOT have the right to pay their employees a higher-than-minimum wage if they so choose.


if anyone here thought that Bob's claim that anyone here suggested that businesses should NOT have the right to pay their employees whatever they wanted was truthful, I hope they are smart enough not to make that mistake again.
acesover
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On Jun 11, 2015, mastermindreader wrote:
Quote:
On Jun 10, 2015, acesover wrote:
I have a great idea. Why don't all who feel that those who work at McDonald's and deserve at least $15 an hour start tipping them 20%. It will take care of itself in no time. All prices of burgers stay the same and those who feel the employees are undercharged can see that they are not by tipping. Problem solved. The extra money has to come from somewhere. So why not solve your own problem and start tipping them.

Just keep in mind that the order of burgers, fries and soft drinks that cost you and the hubby and the kids $15 is now going to cost you $18. But at least the guy or girl who served you is getting $15 an hour. So you should be happy.


Hey. I have a better idea. Why don't you stick to your conservative values and let McDonald's pay its employees whatever it wants to pay them? It was THEIR IDEA to raise their minimum hourly rate. Are you seriously suggesting that we need more government regulations to tell them that they must pay them less?

The government regulates miniumum wage, but in the case of McDonalds you seem to be suggesting that the maximum wage should be regulated too.

Sounds like you advocate socialism after all. (With exceptions of course- you seem to have no problem with the fact that CEO pay is far more responsible for higher prices than the lowly wages being paid to the peons you so despise.)


No where did I say what McDonald's should or should not pay their employees. So seriously...you don't know what you are talking about.

If you are naïve enough to believe that a company such as McDonald's is able to pay $15 min wage at tis time to their workers you are beyond all hope and live in a fantasy, and have no grasp of how to run and maintain a profitable business. Definitely stick to reading minds as it is all fantasy.
If I were to agree with you. Then we would both be wrong. As of Apr 5, 2015 10:26 pm I have 880 posts. Used to have over 1,000
landmark
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If you are naïve enough to believe that a company such as McDonald's is able to pay $15 min wage at this time to their workers you are beyond all hope


Yes, how could anyone think that a company that clears 2.2 billion in profit a year would be able to pay $15 an hour? It is a real head-scratcher. Anyone got any ideas on this stumper? Where could that money possibly come from, I wonder?
"I use my five illusions to create the sense I'm useful to six."



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Kabbalah
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On Jun 13, 2015, landmark wrote:

Yes, how could anyone think that a company that clears 2.2 billion in profit a year would be able to pay $15 an hour? It is a real head-scratcher. Anyone got any ideas on this stumper? Where could that money possibly come from, I wonder?


I have an idea, start scratching your head:


McDonald's Corp.
> Number of employees: 859,978
> Total wage expense at current pay level: $12.27 billion
> Total wage expense at $15 an hour: $20.59 billion
> Annual wage cost increase: $8.13 billion

These are just USA numbers.

Source
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R.S.
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On Jun 12, 2015, RNK wrote:
In their eyes everybody is worth it and should be given the opportunity to make a living off of flipping burgers so you and I and others who better ourselves and struggle through school with loans and hard work accommodate by paying more. Take from the wealthy and give to the less fortunate who have no work ethic and chooses not to better themselves.



Loans?? Why did you have to take from the wealthy banks/lending institutions in order to better yourself? Were you less fortunate? If you had a better work ethic you probably could have pulled yourself up by your bootstraps, worked more, and managed on your own without needing any loans.


Ron
"It is error only, and not truth, that shrinks from inquiry." Thomas Paine
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Bank loans are we the peoples loans, as we the people have to bail them out. The government actually guarantee the banks house loans. So you don’t have a government, what you have is a banker. You are the collateral damage.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.

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acesover
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Quote:
On Jun 13, 2015, landmark wrote:
Quote:
If you are naïve enough to believe that a company such as McDonald's is able to pay $15 min wage at this time to their workers you are beyond all hope


Yes, how could anyone think that a company that clears 2.2 billion in profit a year would be able to pay $15 an hour? It is a real head-scratcher. Anyone got any ideas on this stumper? Where could that money possibly come from, I wonder?


You are a smart guy. Do the math. they have 335,000 outlets. they employ somewhere around 2 million people. employees salaries are the most controllable expense a company has. You want to raise the starting min wage of these employees to ($15-$20) remember that is the min we are talking about here. We still must have managers and co managers. We are also talking 35,000 outlets with as I mentioned close to 2 million employees. Wake up and smell the roses. One does not make $15/hr for flipping burgers and saying "do you want fries with that". Not much skill involved and the only individuals that raise a family on these jobs are managers and maybe co managers. They are part time jobs for kids and in many cases the elderly to supplement their income and in the case of teen agers use for disposable income.

just curious. What should one start a phlebotomist at? While not the most trained person in medicine they must have training. Should th4eystart at $50 an hour because of their skill. I mean it is a lot more than flipping burgers and saying, "do you want fries with that?" Not demeaning anyone's position but one must be realistic here and pay people for what they contribute. This contribution usually comes from skil and knowledge.
If I were to agree with you. Then we would both be wrong. As of Apr 5, 2015 10:26 pm I have 880 posts. Used to have over 1,000
tommy
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Labor costs are normally reduced by reducing the number of workers and so if wages went up to $15 it is more than likely that the number of workers would be cut. They employ somewhere around 2 million people now but that number can change.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.

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LobowolfXXX
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Quote:
On Jun 13, 2015, landmark wrote:
Quote:
If you are naïve enough to believe that a company such as McDonald's is able to pay $15 min wage at this time to their workers you are beyond all hope


Yes, how could anyone think that a company that clears 2.2 billion in profit a year would be able to pay $15 an hour? It is a real head-scratcher. Anyone got any ideas on this stumper? Where could that money possibly come from, I wonder?


A comment from the public sector!

Some of these numbers are a few years old, but all fairly recent and probably fine for the sake of discussion. Let's say that McDonalds (the huge corporation) owned and operated every one of its restaurants (it doesn't, but we'll get back to that). As of a few years ago, there were about 14,000 locations in the USA. Let's say that on average, each one was staffed with 6 people at any given time. I made that up, but hopefully it sounds at least reasonable. You've got counter people, cooks, drive thru...I think that's low, but close enough. And let's say that they're open 80 hours a week. 11-12 hours a day. I think that's conservative. Most recently, I saw that they pay $9/hour. So, we have 480 person-hours per week at each location. That's 24,000 hours per year. We're going to pay an extra $6 for each of those person-hours, so $144,000 per location times 14,000 locations equals just over 2 billion, so I guess they could do it if they turned into a non-profit. Pretty ugly for investors, though, by which I mean not just corporate billionaires, but pretty much anyone who has a retirement account that invests in mutual,funds.

As it turns out, though, more than 80% of those franchises are owned my independent franchisees. Small business owners who aren't making billions; they're making far less on thin margins often in very economically depressed areas. And no, you can't just increase their labor costs by 67% and assume they'll be fine. If the margins were that tasty, we'd all own McDonalds franchises.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley.

"...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us."
landmark
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Profit means after the (very handsome) salaries are paid out. No one's starving. Except the $7.25/hr guys.
"I use my five illusions to create the sense I'm useful to six."



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landmark
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Quote:
On Jun 13, 2015, tommy wrote:
Labor costs are normally reduced by reducing the number of workers and so if wages went up to $15 it is more than likely that the number of workers would be cut. They employ somewhere around 2 million people now but that number can change.


Normally, eh?

Yes, dumping on, and exploiting workers is normal these days.

Why does a company making 2.2 billion in profits have to reduce labor costs? When will it become normal to think about normally reducing profits?
"I use my five illusions to create the sense I'm useful to six."



You can read my daily blog at Musings, Memories, and Magic
LobowolfXXX
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On Jun 13, 2015, landmark wrote:
Profit means after the (very handsome) salaries are paid out. No one's starving. Except the $7.25/hr guys.


And if you raised the salaries to $15/hour, the profit would pretty much disappear entirely.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley.

"...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us."
LobowolfXXX
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Quote:
On Jun 13, 2015, landmark wrote:
Quote:
On Jun 13, 2015, tommy wrote:
Labor costs are normally reduced by reducing the number of workers and so if wages went up to $15 it is more than likely that the number of workers would be cut. They employ somewhere around 2 million people now but that number can change.


Normally, eh?

Yes, dumping on, and exploiting workers is normal these days.

Why does a company making 2.2 billion in profits have to reduce labor costs? When will it become normal to think about normally reducing profits?


There's a difference between reducing them and not jacking them up by 2/3. And mandating $15/hour salary would wipe out many small business owners - they're the ones who own 80% of McDonalds franchises in the USA.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley.

"...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us."
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Yea the problem with socialism as Margaret Thatcher pointed out is eventually you run out of other people's money.

So landmark why not tell me how much a company should be allowed to make, and how much a CEO should be able to make?

Then tell me where the power to dictate such a thing comes from?
Danny Doyle
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<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
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