Friday, May 27, 2016

McDonalds CEO Says $15 Hourly Wage, Robots Won't Kill Jobs

McDonalds CEO Says $15 Hourly Wage, Robots Won't Kill Jobs

Protesters set up tents on the street as they demonstrate outside the McDonald's headquarters calling for higher wages and improved working conditions in the Chicago suburb of Oak Brook, Illinois, U.S., May 25, 2016. REUTERS/Jim Young

McDonalds corporate CEO Steve Easterbrook stated that if the hourly minimum wage was raised to $15 an hour, U.S. restaurant operators more than likely wouldn't replace their workers with robots or kiosks, unlike what some restaurant managers in different restaurants would say.  Of course, I can't say what would be the minimum that McDonalds employers could pay without replacing workers with robots, but many of the workers who work for the fast food giant don't work full-time hours nor are they paid health insurance.  It's not like McDonalds has to guarantee its employers 40 hours a week.  So if the price of a hamburger rises and it affects the customer base, then McDonalds employers can reduce the hours of its employees. 

Outside the headquarters of McDonalds there were many protesters out there calling for "$15 an hour.  They were seeking for better wages and the right to unionize.  Many McDonalds franchises starting paying their employees $10 an hour last year, but that's only a fraction of its employees.  Many McDonalds franchisees run most of the McDonalds restaurants in the U.S. 

Protesters have called on Easterbrook to share profit gains with all McDonalds employees, not just executives and shareholders.  Click on the above link from Reuters to read the story.

No comments:

Post a Comment