The average minimum wage worker is 29 years old
The leading demographic employed in these jobs are single females
The less these multi billion dollar companies pay their employees the more you tax dollars go to subsidizing these families
Doubling McDonald's Salaries Would Cause Your Big Mac To Cost Just 68¢ More: Study
Doubling the salaries and benefits of all McDonald's employees -- from workers earning*the federal minimum wage of $7.25 per hour*to CEO Donald Thompson, whose*2012 compensation totaled $8.75 million*-- would cause the price of a Big Mac to increase just 68 cents, from $3.99 to $4.67, University of Kansas research assistant Arnobio Morelix told HuffPost. In addition, every item on the Dollar Menu would go up by 17 cents.
Morelix looked at McDonald's 2012 annual report and discovered that only 17.1 percent of the fast-food giant's revenue goes toward salaries and benefits. In other words, for every dollar McDonald's earns, a little more than 17 cents goes toward the income and benefits of its*more than 500,000 U.S. employees.
http://m.huffpost.com/us/entry/3672006
The leading demographic employed in these jobs are single females
The less these multi billion dollar companies pay their employees the more you tax dollars go to subsidizing these families
Doubling McDonald's Salaries Would Cause Your Big Mac To Cost Just 68¢ More: Study
Doubling the salaries and benefits of all McDonald's employees -- from workers earning*the federal minimum wage of $7.25 per hour*to CEO Donald Thompson, whose*2012 compensation totaled $8.75 million*-- would cause the price of a Big Mac to increase just 68 cents, from $3.99 to $4.67, University of Kansas research assistant Arnobio Morelix told HuffPost. In addition, every item on the Dollar Menu would go up by 17 cents.
Morelix looked at McDonald's 2012 annual report and discovered that only 17.1 percent of the fast-food giant's revenue goes toward salaries and benefits. In other words, for every dollar McDonald's earns, a little more than 17 cents goes toward the income and benefits of its*more than 500,000 U.S. employees.
http://m.huffpost.com/us/entry/3672006