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Showing posts with label Minimum Wage. Show all posts
Showing posts with label Minimum Wage. Show all posts

Thursday, December 13, 2012

McDonald’s Worker Makes $8.25 an Hour, McDonald’s CEO Made $8.75 Million Last Year

The CEO makes almost 600 times as much as one Chicago worker.
December 12, 2012

Bloomberg has an  article today highlighting the pay gap at McDonald’s. The whole piece is worth a read but the beginning is particularly striking. It highlights Chicago man Tyree Johnson, who holds positions at two different McDonald’s. Between shifts he has to give himself a quick scrubbing in one of the restaurant’s bathrooms because he can’t even show up for work at a McDonald’s smelling like a McDonald’s.
“I hate when my boss tells me she won’t give me a raise because she can smell me,” he said.

Johnson, 44, needs the two paychecks to pay rent for his apartment at a single-room occupancy hotel on the city’s north side. While he’s worked at McDonald’s stores for two decades, he still doesn’t get 40 hours a week and makes $8.25 an hour, minimum wage in Illinois.

This is life in one of America’s premier growth industries. Fast-food restaurants have added positions more than twice as fast as the U.S. average during the recovery that began in June 2009.
Johnson’s circumstances look particularly grim when they’re compared, as Bloomberg does, to the compensation enjoyed by executives whose pay gives a whole new meaning to “McJob.”
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Wednesday, June 27, 2012

Some Employers and Republicans Want to Lower the Minimum Wage -- Here's Why They're Completely Out of Touch

"CORPORATIONS  ARE PEOPLE MY FRIENDS!"
In Arizona, GOP legislators fight to allow employers to pay teens working part-time three dollars per hour less than the state minimum wage - a mere $4.65 per hour.
June 25, 2012

If you've been on Facebook this week, you've probably seen the Chris Rock quote making the rounds:
"I used to work at McDonald's making minimum wage. You know what that means when someone pays you minimum wage? You know what your boss is trying to say? It's like, 'Hey, [if] I could pay you less, I would, but it's against the law.'"
Now it seems that some minimum wage employers are trying to pay their workers less -- and to even make it legal to do so. It seems unfathomable that anyone would consider the minimum wage -- which, for a full-time worker, provides a yearly salary that is thousands of dollars below the poverty line for a family of three or four -- to be too high. But in Arizona, Republican legislators are pushing a bill that would allow employers to pay teenagers working part-time a full three dollars per hour less than the state minimum wage, which works out to a mere $4.65 per hour.

And the Florida legislature is considering lowering the state minimum wage for tipped employees by more than half, from the current $4.65 per hour to the federal minimum of $2.13. OSI Partners, the company that owns Outback Steakhouse, supports the legislation.

Given the current political discourse on how best to create good jobs and help struggling families, OSI's involvement is especially noteworthy since the firm is owned by Bain Capital, the company that Mitt Romney co-founded and in which the Republican presidential nominee still has tens of millions invested.
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Friday, September 9, 2011

Ron Paul: Abolish Minimum Wage to 'Help Poor People'

By David



Republican presidential candidate Ron Paul believes that poor Americans would "absolutely" be better off if the minimum wage were eliminated.

"Do you advocate getting rid of the minimum wage, would that create more jobs?" Politico's John Harris asked Paul during Wednesday's Republican presidential debate.

"Absolutely," Paul declared. "It would help the poor people who need jobs. Minimum wage is a mandate. We're against mandates so why should we have it? It would be very beneficial."
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