Fast-Food Workers Strike, Protest For Higher Pay

[NLXSK1]

you're a small minded individual..why wouldn't it be?..working up to management then perhaps becoming franchise owner yourself? i know several mcd franchise owners who now have 5-10 sites as a result..

Did you purposely mis-read the statement?

I said *AT THE SAME JOB*

I understand it is easy to argue with what I didnt say, why dont you try to argue with what I did say eh??

Edit: And didnt you just agree with my whole premise with your argument? Whoops!

 

[abandonconflict]

Nelson Mandela had a good quote. I may be misquoting but the point is there. Hatred/Envy is like drinking poison and hoping your enemy dies from it.

What does a company do with profit? Did you ever think of that? A company does not buy sports cars or go out for lunch.

Nelson Mandela quote immediately followed by statement which belies belief that a company is a person.

Brule Cory Stro

 

[redivider]

Why would your goal be to work at McDonalds in the same job for 10 years?

There is some substance to the idea that fellow Americans have to take care of their own lives and advancement. McDonalds is a starting position where you demonstrate that you can show up and perform set tasks. If you cannot find a better job after working at McDonalds a year or two then I would say the fault lies in you, not in McDonalds.

What it really comes down to is that life is actually hard. And a lot of people feel that life should be easy, not hard. And their solution is that they should get paid more than they are worth because somebody has more money than them.

Reality does not work that way no matter how hard you wish for it. And BTW, the rich own the politicians so good luck trying to take their money by using the government...

Nelson Mandela had a good quote. I may be misquoting but the point is there. Hatred/Envy is like drinking poison and hoping your enemy dies from it.

What does a company do with profit? Did you ever think of that? A company does not buy sports cars or go out for lunch. A company takes that profit and pays it to investors as dividents, it expands the company by buying assets and employing people, etc... In other words that 15 billion dollars profit is re-invested in the economy. That is how businesses grow, their profit. Take that away and you have no growth.

the way it works is that companies take that money, put it in something called retained earnings, a capital account... and it sits there... they do not take the 15 billion dollars and re-invest it in the economy.

that is what is supposed to happen, if it did, unrestricted capitalism would be that holy grail savior you think it is... it is not because the rich use companies as a shield for themselves, they don't want that idea of the greedy bastard not paying his employees a fair wage having a face... it's the company....

and I would like to know how in the fuck's sake you were convinced that American Labor, and therefore wages, should pretty much compete for the bottom spot?? i mean really, how the fuck do you justify in your mind that yea, it's fine that people in my city, people in my neighborhoods, people in my state, and people in my country, just aren't worth what they think they're worth. nope. those worthless pieces of shit should get paid less and less.... i mean i am honestly confused as to how that makes sense, how cynical do you have to be? what economic justification is there for people earning below poverty line levels for full time work??

yea go ahead, explain to me how a group of 10 people benefit from a situation where there are 10 large 10 slice pizzas, and having one person eat 98 slices, and telling other 9 people: there share what's left..... because you love analogies that make no sense, but this one does... the economy is the pizza, the slices are there for the taking.... and that is approximately how the pieces are shared in america right now.... please tell me how the majority of those 10 people (which signify society) benefit.... because what I see is one fucker eating all the pizza....

 

[junker1]

What you fail to realize is, the majority of McDonalds are individually owned franchises. These independently owned restaurants are the ones responsible for the the labor costs of each store and they work off super tight margins to make their own profits
The $15billion profits you are touting come from corporate, which BTW, has absolutely nothing to do with the day to day operations of running the individual stores.

yea except what fries, soda, burgers, paper products, soap, equipment, they can buy. where does that 15 bbbbbillion come from? IMO They control the franchisees. the individual owner might as well be working for the man.

 

[beenthere]

yea except what fries, soda, burgers, paper products, soap, equipment, they can buy. where does that 15 bbbbbillion come from? IMO They control the franchisees. the individual owner might as well be working for the man.

Wiki states that McDonalds Corporate makes about $5.5billion in annual profits.
Corporate gets a percentage from each franchise, there are currently about 34,000 McDonalds world wide with 1.8 million employees.
So that's about $162,000 per restaurant and about $3,055 per employee.

I don't see the problem here, do you?
Is making a $162,000 annual profit on a restaurant out of line to you?
Hell, I don't see anything wrong with making a $million a year on a restaurant.

Perhaps some of you have a problem with the big dollar amount or the shear number of stores in the chain, I don't know.

 

[schuylaar]

Why would your goal be to work at McDonalds in the same job for 10 years?

There is some substance to the idea that fellow Americans have to take care of their own lives and advancement. McDonalds is a starting position where you demonstrate that you can show up and perform set tasks. If you cannot find a better job after working at McDonalds a year or two then I would say the fault lies in you, not in McDonalds.

What it really comes down to is that life is actually hard. And a lot of people feel that life should be easy, not hard. And their solution is that they should get paid more than they are worth because somebody has more money than them.

Reality does not work that way no matter how hard you wish for it. And BTW, the rich own the politicians so good luck trying to take their money by using the government...

Nelson Mandela had a good quote. I may be misquoting but the point is there. Hatred/Envy is like drinking poison and hoping your enemy dies from it.

What does a company do with profit? Did you ever think of that? A company does not buy sports cars or go out for lunch. A company takes that profit and pays it to investors as dividents, it expands the company by buying assets and employing people, etc... In other words that 15 billion dollars profit is re-invested in the economy. That is how businesses grow, their profit. Take that away and you have no growth.

take away your support staff and you have NO COMPANY, PERIOD..

 

[schuylaar]

i'm not buying state liaisons housed in HR of mcd and walmart to robo-sign up new employees for SNAP and Welfare so the taxpayer can foot the bill when ceo's make 380x their average workers..when did this become business as usual?

 

[NLXSK1]

the way it works is that companies take that money, put it in something called retained earnings, a capital account... and it sits there... they do not take the 15 billion dollars and re-invest it in the economy.

that is what is supposed to happen, if it did, unrestricted capitalism would be that holy grail savior you think it is... it is not because the rich use companies as a shield for themselves, they don't want that idea of the greedy bastard not paying his employees a fair wage having a face... it's the company....

and I would like to know how in the fuck's sake you were convinced that American Labor, and therefore wages, should pretty much compete for the bottom spot?? i mean really, how the fuck do you justify in your mind that yea, it's fine that people in my city, people in my neighborhoods, people in my state, and people in my country, just aren't worth what they think they're worth. nope. those worthless pieces of shit should get paid less and less.... i mean i am honestly confused as to how that makes sense, how cynical do you have to be? what economic justification is there for people earning below poverty line levels for full time work??

yea go ahead, explain to me how a group of 10 people benefit from a situation where there are 10 large 10 slice pizzas, and having one person eat 98 slices, and telling other 9 people: there share what's left..... because you love analogies that make no sense, but this one does... the economy is the pizza, the slices are there for the taking.... and that is approximately how the pieces are shared in america right now.... please tell me how the majority of those 10 people (which signify society) benefit.... because what I see is one fucker eating all the pizza....

I dont want people to earn less and less. I want another Regan like president to cut taxes and regulation and allow businesses and growth to skyrocket. Look at Utah with 3% unemployment and people making huge salaries because of the energy boom.

Low unemployment causes a demand on labor and causes wages to rise. Show me how much Obama's policies, extra legislation and welfare programs have helped.... And dont point to the stock market that the government has been inflating with 85 billion dollars of taxpayer money per month. Lets talk about that when the balloon pops and we lose hundreds of billions of dollars again thanks to government policy...

A company that sits on retained earnings loses money due to inflation. You seemed to forget that part of your economic model. Retained earnings are used as a backstop against economic troubles and also used for future investment, etc.

The economy is not fixed at one spot. I would just bake 9 more pizza's. The economy in the 1700's was not trillions of dollars so how did we get here? Wealth is created every day by people who provide goods and services that other people want.

One person is not eating the pizza, your view of the economy is totally fucked up....

 

[NLXSK1]

take away your support staff and you have NO COMPANY, PERIOD..

Take away my support staff and I advertise on the internet for a new support staff.

That is why it is called a competitive wage. People are competing for the jobs...

If I offered 50 cents per hour nobody would apply. If I offer what people will take, somehow I am a bad person... Unbelievable.... LOL!

 

[junker1]

Wiki states that McDonalds Corporate makes about $5.5billion in annual profits.
Corporate gets a percentage from each franchise, there are currently about 34,000 McDonalds world wide with 1.8 million employees.
So that's about $162,000 per restaurant and about $3,055 per employee.

I don't see the problem here, do you?
Is making a $162,000 annual profit on a restaurant out of line to you?
Hell, I don't see anything wrong with making a $million a year on a restaurant.

Perhaps some of you have a problem with the big dollar amount or the shear number of stores in the chain, I don't know.

No I agree every one should be able make as much as they can.

 

[NLXSK1]

i'm not buying state liaisons housed in HR of mcd and walmart to robo-sign up new employees for SNAP and Welfare so the taxpayer can foot the bill when ceo's make 380x their average workers..when did this become business as usual?

When did a bunch of pissed off unemployed people get to decide how the wealth is divided in the country?

 

[NLXSK1]

Wiki states that McDonalds Corporate makes about $5.5billion in annual profits.
Corporate gets a percentage from each franchise, there are currently about 34,000 McDonalds world wide with 1.8 million employees.
So that's about $162,000 per restaurant and about $3,055 per employee.

I don't see the problem here, do you?
Is making a $162,000 annual profit on a restaurant out of line to you?
Hell, I don't see anything wrong with making a $million a year on a restaurant.

Perhaps some of you have a problem with the big dollar amount or the shear number of stores in the chain, I don't know.

And if you divide out $3,055 by 2000 hours per year you get just slightly over 1.50 per employee per hour assuming a 40 hour week.

So, the math shows if every employee got 1.50 per hour more the stores would make no profit without raising prices. And these employees want to double their salary.

I would fire them because they cant do math...

 

[abandonconflict]

i'm not buying state liaisons housed in HR of mcd and walmart to robo-sign up new employees for SNAP and Welfare so the taxpayer can foot the bill when ceo's make 380x their average workers..when did this become business as usual?

Nothing else to call it but corruption.

 

[Dr Kynes]

yet neither party will introduce a federal minimum wage... wonder why?

we have a federal minimum wage, it's $5.75

 

[Dr Kynes]

Wiki states that McDonalds Corporate makes about $5.5billion in annual profits.
Corporate gets a percentage from each franchise, there are currently about 34,000 McDonalds world wide with 1.8 million employees.
So that's about $162,000 per restaurant and about $3,055 per employee.

I don't see the problem here, do you?
Is making a $162,000 annual profit on a restaurant out of line to you?
Hell, I don't see anything wrong with making a $million a year on a restaurant.

Perhaps some of you have a problem with the big dollar amount or the shear number of stores in the chain, I don't know.

the numbers are much more complex than that, thats McBurger's Corporate Profit, which is derived largely from franchise fees, supply markup, and licensing deals. the McBurger Corp runs relatively few eat-em-up joints.
McBurgers Corp charges various burger stands for the right to use their "Brand", use their operations manuals, access their supply chain, and use their marketing machinery.

McBurger's business model is the top end of their McEmpire, strictly high order management, supply and marketing

the rubber hits the road at the franchisee who employs the labour, pays the local state and federal taxes, the business license, submits to health inspections and buys all their supplies from McBurger Corp.
when costs go up at the sales end, it's the bottom level guy who gets kicked in the berries and has to eat the costs, or fold up shop, losing his entire investment in the franchise, and then he has to start over from nothing.

McBurger Corp is only interested in keeping their franchisees in business so they can collect their lucre, but in the end higher minimum wage costs wont do shit to McBurger Corp directly, cuz they can always shift to a new distribution avenue for their products or change their business model.

it's the guy at the bottom, running a burger stand or two thats gonna get pinched, even if you believe in macro-economics and "aggregate demand"

 

[Big Trees]

The way the job situation is today, if your unhappy with your wage at mcdonalds, there are plenty of people that will take your position in a flash. Go to college get a degree and work your sack off if you want to make any real money (unless you do a trade, thats another option)

 

[Rak on Tur']

i'm not buying state liaisons housed in HR of mcd and walmart to robo-sign up new employees for SNAP and Welfare so the taxpayer can foot the bill when ceo's make 380x their average workers..when did this become business as usual?

People lost their humanity when they were told 401ks and wall st are great. Add that with the population that just sits around and bitches about stuff, but does nothing. Look at how many people will dislike Walmart, but then will shop there. It's crazy.

I think one of the last major corporations to even have a pension is Exxon.

 

[abandonconflict]

Redundant.

A syllogism is formed by deductive reasoning, loser.

You're the one who asked if a syllogism was my opinion. Why are you so upset?

 

[abandonconflict]

removed

Can always count on you for really well written and entirely valid arguments. That's why everyone here at RIU loves you.

 

[beenthere]

the numbers are much more complex than that, thats McBurger's Corporate Profit, which is derived largely from franchise fees, supply markup, and licensing deals. the McBurger Corp runs relatively few eat-em-up joints.
McBurgers Corp charges various burger stands for the right to use their "Brand", use their operations manuals, access their supply chain, and use their marketing machinery.

McBurger's business model is the top end of their McEmpire, strictly high order management, supply and marketing

the rubber hits the road at the franchisee who employs the labour, pays the local state and federal taxes, the business license, submits to health inspections and buys all their supplies from McBurger Corp.
when costs go up at the sales end, it's the bottom level guy who gets kicked in the berries and has to eat the costs, or fold up shop, losing his entire investment in the franchise, and then he has to start over from nothing.

McBurger Corp is only interested in keeping their franchisees in business so they can collect their lucre, but in the end higher minimum wage costs wont do shit to McBurger Corp directly, cuz they can always shift to a new distribution avenue for their products or change their business model.

it's the guy at the bottom, running a burger stand or two thats gonna get pinched, even if you believe in macro-economics and "aggregate demand"

I believe that is what I said Kynes, at least that's what I implied.
From the beginning of this OP, I always contended that the individual franchises are the one that could not withstand a substantial increase in labor.
But if you average out the total amount of restaurants by the corporate profits, the numbers are relatively close to what I stated.