If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Huffington Post)   How much more would a Big Mac cost if McDonald's were to double employees' pay? Take a guess, then click the link   (huffingtonpost.com) divider line 763
    More: Interesting, Big Macs, Mcdonald, Jimmy John Liautaud, living wages, University of Kansas, minimum wages, salary  
•       •       •

39533 clicks; posted to Main » on 30 Jul 2013 at 6:53 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



763 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

First | « | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | » | Last | Show all
 
2013-07-30 09:24:35 PM

ferretman: FTA: "In other words, for every dollar McDonald's earns, a little more than 17 cents goes toward the income and benefits of its <a data-cke-saved-href="http://money.cnn.com/2011/04/04/news/companies/mc donalds_jobs/index.ht m" target="_hplink">more than 500,000 U.S. employees."

Yes...there are no other costs besides employee pay and benefits. What the student hasn't taken into account, if minimum wage was doubled, the rising costs associated with the suppliers, the ones who manufacture the beef patties, chicken nuggets, soda syrup, shake mix, french fries, fish sandwiches, packaging suppliers, etc. These are all manufactured by other companies under contract to, in this case, McDonalds and are typically union-shops (at least on the east coast). If everyone's wages increase the product cost will increase and there will be less jobs.


That's why items are the same price at Costco who pays its employees $45k on average versus SAMs Club who pays minimum wage.
 
2013-07-30 09:25:06 PM
What if there was no hourly minimum wage at all?

Would you go for instead.... you get a percentage of the daily, or monthly, or whatever period you agree to... a percentage of the receipts (after certain expenses), or for certain amount of actual work done?

/When I was just out of high school, I worked at a job that switched from an hourly rate to a piece rate that paid per viable piece I constructed..... My pay almost tripled.
 
2013-07-30 09:25:35 PM

ReapTheChaos: most smaller businesses would go bankrupt if they had to pay that much.


I agree! We shouldn't be increasing CEO pay as it is putting businesses out of business! We should be cutting their pay and removing their benefits!
 
2013-07-30 09:25:51 PM
Well, obviously this means we should raise the price so we can double their salaries.  No harm in that, right?
 
2013-07-30 09:25:53 PM

Alexei Novikov: They don't need to raise prices at all. Pay the people actually doing work, cut the lazy and completely pointless "executives" out of the picture. Someone whose entire job consists of worthless meetings, moronic buzzwords, and blowjobs from the secretary doesn't deserve any money at all, much less 200x what an actual worker makes. I bet they'd be surprised at how much money there is to spare without paying for private jets, houses large enough to bed an entire city's homeless population, fleets of "Look at me I'm a douchebag" cars, and bonus packages.


That wouldn't do a damn thing. As I pointed out in another thread on this subject, if you took the 8 million annual salary of McDonald's CEO and divided it among all its 440,000 employee's they would receive about $18 each, or about a .01 cent per hour pay raise. Even if you fired everyone who worked above the restaurant level you would only raise that to about .12 cents per hour.
 
2013-07-30 09:27:29 PM

jst3p: dameron: Pray 4 Mojo: In 1992... I was working for a general contractor as a shovel operator for 6 bucks an hour

Which is almost exactly $10/hour in 2013 dollars.  So you know.

But he is bootstrappy!


It's an absolute shame that suggesting people better themselves and work hard for the things they want is ridiculed by so many.

Also says a lot.
 
2013-07-30 09:27:48 PM

BojanglesPaladin: leadmetal: The last thing any decently run business does is increase the price on the shelf or menu. That's the last resort. Also nobody wants to be the first to raise prices. Customers will go elsewhere.

And yet, Almost EVERY SINGLE YEAR, the price of a Big Mac has gone up.


I always love the libs who say they support capitalism (like say, our president) yet endorse anti-business policies at every turn.  The primary responsibility of any publicly traded company is to enhance shareholder value.  If you don't support that idea you don't support capitalism.  So EVERY SINGLE YEAR the price of a Big Mac has gone up.  So what?  If I have to pay more for a Big Mac to offset the damage done to the ozone layer by the flatulence of the cows McDonalds raises to make my Big Mac then god dammit I'm willing to do it.
 
2013-07-30 09:27:52 PM
 

GoSlash27: ncreases in the minimum wage hurt poor people.


Now if only there were any proof that's the case instead of proof to the contrary
 
2013-07-30 09:28:52 PM

doglover: 8Fingers: I don't know what a Big Mac, fries or any other item at that disgusting place costs now. Haven't eaten any from McD in at least ten years.

Well aren't you special and unique.


Yes, yes I am!
 
2013-07-30 09:30:04 PM

Pray 4 Mojo: jst3p: dameron: Pray 4 Mojo: In 1992... I was working for a general contractor as a shovel operator for 6 bucks an hour

Which is almost exactly $10/hour in 2013 dollars.  So you know.

But he is bootstrappy!

It's an absolute shame that suggesting people better themselves and work hard for the things they want is ridiculed by so many.

Also says a lot.


It says a lot that you believe it is that simple.

/simple minds like simple solutions
//In case you missed it I am calling you simple, or kinda dumb
 
2013-07-30 09:31:03 PM

stuhayes2010: That's why items are the same price at Costco who pays its employees $45k on average versus SAMs Club who pays minimum wage.


There are many factors. Costco could be hiring workers who are worth far more but fewer of them.  Furthermore Wally's pays more than minimum wage. That's one reason why there is line to apply every time they open new stores.  Now the union retail job I had as my first job, after union dues I made less than minimum wage at the time.

MrBentor: Would you go for instead.... you get a percentage of the daily, or monthly, or whatever period you agree to... a percentage of the receipts (after certain expenses), or for certain amount of actual work done?


If I could get a percentage say 5% of what I've done, I wouldn't be working any more.
 
2013-07-30 09:31:21 PM
I haven't seen this broken down this way yet, so let me give it a shot.  I did some quick math the other day on the real numbers, so am going by memory here.

First, something like 85% of McDonald's are franchises, so however many millions the CEO makes, and basically any of the numbers used by this idiot student just aren't relevant.

The average McDonald's generates something like $2.5 million in revenue a year.  Labor runs between 22% and 25%. The average meal is about $5. The average per store profit, ie what goes to the franchise owner is about $150k.   So, clearly, doubling labor cost isn't possible.

For those who say "well, I'd pay a buck more...", as pointed out, it just doesn't work that way.  If McDonald's could be getting a buck more per customer right now, they would. If you want to pay more to justify decent working wages, then make sure you give your patronage to those places that do so.  If the market agrees with you, then problem solved.

But the fact remains that doubling wages, or even increasing by 50% would put most McDonald's stores out of business.  Maybe one day UNICEF will get into the burger as well as the impound business, but until then...

Quit talking about the corporate entity.  Its not where the conversation needs to be.
 
2013-07-30 09:31:24 PM

stuhayes2010: That's why items are the same price at Costco who pays its employees $45k on average versus SAMs Club who pays minimum wage.


Why doesn't everyone at Sams Club go work at Costco then?
 
2013-07-30 09:31:35 PM

CaliNJGuy: The primary responsibility of any publicly traded company is to enhance shareholder value. If you don't support that idea you don't support capitalism.


No it isn't. And you don't get capitalism either I see

.

Frank N Stein: Europe and Japan were bombed to oblivion, thus making the US. The only game in town in terms of industrialization?


Europe recovered by the time the 50s rolled around. Germany was back to exporting like crazy in just a few years. Japan actually had it easier since they were not so much starting over as really starting. Before the war they really weren't a factor as far exports. They decided they would be and very quickly became one.
 
2013-07-30 09:32:24 PM
I'll say it:

Fark You.

I got mine.

Why should I care beyond that?

No, seriously.

Why. Should. I. Care? Tell me.

Why do YOU care, if you really do? Do you care? Really? What do you do about  it besides tell us what other people should do? How much do you really care?
 
2013-07-30 09:32:43 PM

accelerus: without analyzing shiat....

ask yourself this.

Do you think someone has a GED from high school, wears his pants at the bottom of his ass, and really really sucks at math... do you think they are worth $15/hour?

The reason you are paid minimum wage is because you are more than likely a person who always achieved the minimum in life. Grades/savings/common sense. I'd be willing to bet a sizeable sum that even if you put all that extra money into the hands of "those people" they wouldn't know to handle is properly.  They wouldn't pay off their credit cards, or student loans, it would be spent on dumb crap that dumb people like to buy.  Rims, booze, cigarettes, partying, eating out, a new car you (still) really can't afford.


Wow, what an asshole you are. Writing off millions of Americans. Let them eat cake eh?
 
2013-07-30 09:33:13 PM

WhyteRaven74: tenpoundsofcheese: Far less global competition and fewer products manufactured overseas with strong sales in the US.

And what drove those sales?


Very little drove those sales.  They were inferior products with poor marketing and distribution in the US.
That is why so few overseas products had strong sales in the US
 
2013-07-30 09:33:41 PM

Delectatio Morosa: I'll say it:

Fark You.

I got mine.

Why should I care beyond that?

No, seriously.

Why. Should. I. Care? Tell me.

Why do YOU care, if you really do? Do you care? Really? What do you do about  it besides tell us what other people should do? How much do you really care?


Because a race to the bottom hurts all of us but the very elite, and you aren't in that group. You should care because over the long haul it will affect you.
 
2013-07-30 09:34:19 PM

Delectatio Morosa: Why. Should. I. Care? Tell me.


Because if you don't you're just hurting yourself. Also you're a failure as a person if you don't.
 
2013-07-30 09:34:32 PM

ScaryBottles: basemetal: new study provided to The Huffington Post by a University of Kansas student.

So says a student.

I would just like you to stop and think about how dumb that statement is. You may be unaware of this but some of the greatest discoveries in the history of science and medicine were made by grad students. But hey why should facts get in the way of your apathetic, greedy, self centered world view.

Sorry you dumb as fark anti-intellutaulists really piss me off.


You didn't read the article, did you?

/no
//dumbass
 
2013-07-30 09:35:21 PM

Charles_Nelson_Reilly: TuteTibiImperes: ferretman: FTA: "In other words, for every dollar McDonald's earns, a little more than 17 cents goes toward the income and benefits of its <a data-cke-saved-href="http://money.cnn.com/2011/04/04/news/companies/mc donalds_jobs/index.ht m" target="_hplink">more than 500,000 U.S. employees."

Yes...there are no other costs besides employee pay and benefits. What the student hasn't taken into account, if minimum wage was doubled, the rising costs associated with the suppliers, the ones who manufacture the beef patties, chicken nuggets, soda syrup, shake mix, french fries, fish sandwiches, packaging suppliers, etc. These are all manufactured by other companies under contract to, in this case, McDonalds and are typically union-shops (at least on the east coast). If everyone's wages increase the product cost will increase and there will be less jobs.

More people earning more money will allow them to spend more in their local economies supporting other businesses that will then earn more profits and be able to expand hiring more employees and creating more jobs.

That argument is as full of magic and pixie dust as trickle-down economics.


On the contrary, it's exactly the opposite, it's grass roots 'trickle-up' economics, and it would be just as effective as trickle-down was ineffective.
 
2013-07-30 09:35:31 PM

dccc: I haven't seen this broken down this way yet, so let me give it a shot.  I did some quick math the other day on the real numbers, so am going by memory here.

First, something like 85% of McDonald's are franchises, so however many millions the CEO makes, and basically any of the numbers used by this idiot student just aren't relevant.

The average McDonald's generates something like $2.5 million in revenue a year.  Labor runs between 22% and 25%. The average meal is about $5. The average per store profit, ie what goes to the franchise owner is about $150k.   So, clearly, doubling labor cost isn't possible.

For those who say "well, I'd pay a buck more...", as pointed out, it just doesn't work that way.  If McDonald's could be getting a buck more per customer right now, they would. If you want to pay more to justify decent working wages, then make sure you give your patronage to those places that do so.  If the market agrees with you, then problem solved.

But the fact remains that doubling wages, or even increasing by 50% would put most McDonald's stores out of business.  Maybe one day UNICEF will get into the burger as well as the impound business, but until then...

Quit talking about the corporate entity.  Its not where the conversation needs to be.


What's your opinion of this?
http://www.youtube.com/watch?v=JUvm9UgJBtg
 
2013-07-30 09:35:46 PM
If you pay a McDonalds employee 22$ an hour CDN, you devalue every job in the mid-tier.

Anyone in the 50K a year range or less becomes about as valuable as a guy flipping burgers.
 
2013-07-30 09:35:48 PM

tenpoundsofcheese: Very little drove those sales


so demand increased out of the ether? It had nothing to do with people being paid more and more year after year?
 
2013-07-30 09:36:12 PM

Fusilier: pueblonative: Fusilier: For some people that point has been reached. There are families where no one has worked for three generations. These people are professional consumers. They are issued section 8 housing, food stamps, a cell phone, and, through native wit, come up with enough loose change for cigs, booze, and dope. It is an economy driven by entitlements and the redistribution of wealth. some are able by dint of hard work to escape from this cycle, but poor schools, low expectations, and bad examples conspire to keep them in a permanent underclass. Fall afoul of the law, and you are pretty much cooked - guaranteed to remain a professional consumer. As automation continues to erode the job market that used to beckon those with a strong bank and weak mind, there will be even fewer jobs to go around. What supervisor will miss a truculent, uneducated youth who (might) show up to work a shift at Mickey Dees, when a reliable 'bot is standing by 24-7 to do the work?

You've never worked around technology, have you? Here's a hint: computers go down too. BTW, please remind me why that supervisor is employed? Unless robots need management. I'm guessing that ...


Eh, Gramps, you can't rely on those devil boxes that replace workers and steal men's souls.Yeah, i guess that is why automobiles are still assembled the way they were when Henry Ford ran Detroit. Actually, why have a "horseless carriage at all, when reliable old dobbin is just itching to haul your buckboard into town?
Here's a hint. even the most automated enterprise needs a few humans. Just not as many as it used to require.


Case in point, manufacturing.  Despite all the talk of manufacturing having fled the country, there was no such event.  Manufacturing - as measured in current dollars - has steadily gone up year after year for decades, as seen below in a chart from the United Nations.

The real difference is the number of people needed to generate that output.  Case in point, China on that graph.  To reach that output, China has over 100 million people working in factories (from the same source, the UN).  The US only needs less than 12 million people to produce similar output.  Why?  Lots and lots of automation.

That's what people mean when they mean the death of manufacturing.  Manufacturing is doing great, we just produce more with far less people than before.  It's not the death of manufacturing, its the death of manufacturing jobs.

www.aei-ideas.org
 
2013-07-30 09:36:22 PM

Cabbages: What's wrong with getting an education and then a higher paying, more fulfilling career?


Good if you can afford to I guess. Not everyone can. Not everyone had the chance to go to college after high school.
 
2013-07-30 09:37:24 PM

Neighborhood Watch: Weaver95: you're another one who failed economics, aren't you?


MY business is doing just fine... so I guess I passed.


Ouch...

Funny how the Fark-libs are always the ones to criticize and denigrate others but when it comes to themselves taking some sort of action that they are preaching others to do .. There is always an excuse why they can't or couldn't..... shocked.
 
2013-07-30 09:37:45 PM

bbfreak: Cabbages: What's wrong with getting an education and then a higher paying, more fulfilling career?

Good if you can afford to I guess. Not everyone can. Not everyone had the chance to go to college after high school.


Just borrow money from your parents like Mitt said, duh!
 
2013-07-30 09:37:53 PM

WhyteRaven74: CaliNJGuy: The primary responsibility of any publicly traded company is to enhance shareholder value. If you don't support that idea you don't support capitalism.

No it isn't. And you don't get capitalism either I see

.Frank N Stein: Europe and Japan were bombed to oblivion, thus making the US. The only game in town in terms of industrialization?

Europe recovered by the time the 50s rolled around. Germany was back to exporting like crazy in just a few years. Japan actually had it easier since they were not so much starting over as really starting. Before the war they really weren't a factor as far exports. They decided they would be and very quickly became one.


Yes it is.  And if it isn't you should be asking yourself why at Tesco's latest AGM shareholders agitated loud and long for Tesco to shed itself of its US division Fresh & Easy sooner rather than later (F&E has cost Tesco billions thus far and never turned a profit).  I can't believe they aren't overjoyed to be losing that kind of money.
 
2013-07-30 09:39:54 PM

Delectatio Morosa: I'll say it:

Fark You.

I got mine.

Why should I care beyond that?

No, seriously.

Why. Should. I. Care? Tell me.

Why do YOU care, if you really do? Do you care? Really? What do you do about  it besides tell us what other people should do? How much do you really care?


I care because an increase in the minimum wage will help push wages up for other jobs.  If unskilled labor is going for $15/hour companies will have to pay more for skilled labor.

As for what I'm going to do about it, I'll keep voting in the 'D' column because they're the best chance at sticking it to big business and helping the average Joe out.
 
2013-07-30 09:40:13 PM

CaliNJGuy: So EVERY SINGLE YEAR the price of a Big Mac has gone up. So what?


So clearly there is a contradiction to leadmetal's assertion that large, high volume companies will do anything before they will raise the price of their product because of a perceived idea that consumers have an "ideal price" they are willing to pay and exceeding that will cause them to stop purchasing. Demonstrably, so long as the prices increases are nominal at each interval, they will be absorbed with little notice by the consumer.

If you roll up to Mickey D's to order that 24 oz. sugar water that was .87 cents, and the crackle voice tells you that it is now .94 cents, will you drive off in a huff? No. You will pay it because it's only less than a thin dime's difference, and next time you go that is the "normal" price.

I doubt McDonald's really, truly cares that much about the wage increases (although DOUBLING it all at once might be a bit much). I worked there for a year and a half and had three raises from 3.85 to 4.75. Labor costs can be absorbed as they inch those prices up. 20 years ago they started kids out at 3.85, now it's 7.50. They are doing just fine.

And we pay more than double what we used to, and the prices increased even when there was no increase in the minimum wage.
 
2013-07-30 09:41:23 PM

Bartman66: Funny how the Fark-libs


You think weaver is a fark-lib.....excuse me I'll be spending the next five minutes howling in laughter

CaliNJGuy: Yes it is


so what exactly determines shareholder value?
 
2013-07-30 09:41:26 PM

Pray 4 Mojo: stuhayes2010: That's why items are the same price at Costco who pays its employees $45k on average versus SAMs Club who pays minimum wage.

Why doesn't everyone at Sams Club go work at Costco then?


More to the point, why doesn't everyone shop at Costco?
 
2013-07-30 09:42:49 PM

dccc: I haven't seen this broken down this way yet, so let me give it a shot.  I did some quick math the other day on the real numbers, so am going by memory here.

First, something like 85% of McDonald's are franchises, so however many millions the CEO makes, and basically any of the numbers used by this idiot student just aren't relevant.

The average McDonald's generates something like $2.5 million in revenue a year.  Labor runs between 22% and 25%. The average meal is about $5. The average per store profit, ie what goes to the franchise owner is about $150k.   So, clearly, doubling labor cost isn't possible.

For those who say "well, I'd pay a buck more...", as pointed out, it just doesn't work that way.  If McDonald's could be getting a buck more per customer right now, they would. If you want to pay more to justify decent working wages, then make sure you give your patronage to those places that do so.  If the market agrees with you, then problem solved.

But the fact remains that doubling wages, or even increasing by 50% would put most McDonald's stores out of business.  Maybe one day UNICEF will get into the burger as well as the impound business, but until then...

Quit talking about the corporate entity.  Its not where the conversation needs to be.

Congratulations, you are the fourth person to mention that the owners of the stores (Franchisees)
are the ones who set wages based on demand.
 
2013-07-30 09:43:07 PM

jst3p: It says a lot that you believe it is that simple.

/simple minds like simple solutions
//In case you missed it I am calling you simple, or kinda dumb


I know you are but what am I?

/seems to be about the appropriate level of discourse.
//I never said it was that simple.
 
2013-07-30 09:43:47 PM

Bartman66: Neighborhood Watch: Weaver95: you're another one who failed economics, aren't you?


MY business is doing just fine... so I guess I passed.

Ouch...

Funny how the Fark-libs are always the ones to criticize and denigrate others but when it comes to themselves taking some sort of action that they are preaching others to do .. There is always an excuse why they can't or couldn't..... shocked.


And anyone can say whatever they like online with little way to fact check.  I could say I have a 12" wang, a Bentley, and a standing booty call arrangement with Olivia Munn, but that doesn't make any of that true.

It's not difficult to run a successful business if you've got money to start with and you don't mind treating your employees like a commodity, paying the lowest wages you can get away with while extracting the most output.
 
2013-07-30 09:45:08 PM

Weaver95: its been my experience that if you underpay someone you get what you pay for.  if there isn't any incentive for an employee to actually participate, then yeah - you'll probably get crappy employees.  welcome to human nature 101.  offer someone a real wage increase for doing a good job and hey, i'll bet you get good employees.  not just an extra .60 cents either, I mean $25 bucks an hour if they show up and work for it.


That's because good employees have other options.  If someone is worth $25 an hour, they'll find a job that pays that.  Pay a crap wage and you settle for people who aren't worth more.  But giving someone a doctor's salary doesn't make them a doctor.
 
2013-07-30 09:46:06 PM

bojon: dccc: I haven't seen this broken down this way yet, so let me give it a shot.  I did some quick math the other day on the real numbers, so am going by memory here.

First, something like 85% of McDonald's are franchises, so however many millions the CEO makes, and basically any of the numbers used by this idiot student just aren't relevant.

The average McDonald's generates something like $2.5 million in revenue a year.  Labor runs between 22% and 25%. The average meal is about $5. The average per store profit, ie what goes to the franchise owner is about $150k.   So, clearly, doubling labor cost isn't possible.

For those who say "well, I'd pay a buck more...", as pointed out, it just doesn't work that way.  If McDonald's could be getting a buck more per customer right now, they would. If you want to pay more to justify decent working wages, then make sure you give your patronage to those places that do so.  If the market agrees with you, then problem solved.

But the fact remains that doubling wages, or even increasing by 50% would put most McDonald's stores out of business.  Maybe one day UNICEF will get into the burger as well as the impound business, but until then...

Quit talking about the corporate entity.  Its not where the conversation needs to be.
Congratulations, you are the fourth person to mention that the owners of the stores (Franchisees)
are the ones who set wages based on demand.


If it puts some of the stores out of business, oh well.  Competitors will step in that are able to make the numbers work and can pay living wages while still earning a profit.  Maybe it won't be a $150K profit per store, and maybe they won't be able to pay the franchise fees that McDonalds charges, but there's still money to be made and someone will be willing to do it for the amount of profit that can still be made while paying a living wage.
 
2013-07-30 09:46:25 PM
I'm confused, are my only options either complain that a minimum wage exists at all or the minimum wage must be doubled?
 
2013-07-30 09:46:28 PM
The dollar menu double cheeseburger is probably worth $2, but the Big Mac just isn't as great a sandwich, it certainly doesn't look as big as a Whopper, so it isn't worth $4.
 
2013-07-30 09:48:17 PM
https://www.youtube.com/watch?feature=player_detailpage&v=a01QQZyl-_I" >https://www.youtube.com/watch?feature=player_detailpage&v=a01QQZyl-_ I
 
2013-07-30 09:49:19 PM

Pray 4 Mojo: jst3p: It says a lot that you believe it is that simple.

/simple minds like simple solutions
//In case you missed it I am calling you simple, or kinda dumb

I know you are but what am I?

/seems to be about the appropriate level of discourse.
//I never said it was that simple.


Nice how you cut what you couldn't argue against. I don't hold it against you because I have shown that you are simple, or kind of dumb. But you did in fact do exactly what you claimed you didn't do. I don't really blame you, you know because of the "simple". The rest of us get it. It's OK.


/keep engaging in coitus with that fowl
 
2013-07-30 09:49:31 PM
Solution:  Everyone works for tips and tips only.  The gov't pays McDonalds to hand out it's food instead of welfare
 
2013-07-30 09:49:48 PM
If you chose not to go to school or learn a skilled trade, then why is it McDonalds problem if you chose to work for them at an agreed upon hourly wage that is common for an unskilled worker?
 
2013-07-30 09:49:52 PM

CaliNJGuy: Yes it is. And if it isn't you should be asking yourself why at Tesco's latest AGM shareholders agitated loud and long for Tesco to shed itself of its US division Fresh & Easy sooner rather than later (F&E has cost Tesco billions thus far and never turned a profit). I can't believe they aren't overjoyed to be losing that kind of money.


He he he... awesome. I've had extensive experience interacting with Fresh and Easy on a business to business level.

They are a management disaster. Total, complete and unmitigated disaster... and still hemorrhaging money.

I would expect that their story is going to be taught in business schools some day as a cautionary example.
 
2013-07-30 09:50:12 PM

Delectatio Morosa: I'll say it:

Fark You.

I got mine.

Why should I care beyond that?

No, seriously.

Why. Should. I. Care? Tell me.

Why do YOU care, if you really do? Do you care? Really? What do you do about  it besides tell us what other people should do? How much do you really care?


Why? Well, two things. 1: A wealth gap between the rich and the poor is bad for the economy. The economy grows faster, which is good for everyone. Duh. 2: Automation has already changed our world greatly, its about to change it even more and the rise of the robots is going to seriously change things more than ever. Eventually there will be very few blue collar jobs at all I can imagine, because robots/etc will replace a lot of them. Or at least make it so that there are fewer jobs.

In theory this is a good thing, because it frees humanity to be more innovative and work on the things that are worth while as a whole. It seems doubtful that we're ever going to have enough jobs for everyone again. That boat has sailed, and the future is something entirely different. How we will deal with that is a society I don't know, but it starts with treating minimum wage workers as human beings and not disrespecting them or thinking them scum like some of the people in this thread have communicated.

Lastly, I may be a godless heathen but I give a shiat about our species and my country. I see homeless people, people on welfare as examples of the governments failure to reach such people, people who fell between the cracks. I honestly believe we're better when we work together to enable each other to reach our fullest potential, but that isn't something we really do very well.
 
2013-07-30 09:51:35 PM

trappedspirit: Solution:  Everyone works for tips and tips only.  The gov't pays McDonalds to hand out it's food instead of welfare


Would they charge more for dipping sauce? I love BBQ with my fries but those bastards want to charge me $.50 if I don't buy nuggets.
 
2013-07-30 09:53:55 PM

bbfreak: accelerus: without analyzing shiat....

ask yourself this.

Do you think someone has a GED from high school, wears his pants at the bottom of his ass, and really really sucks at math... do you think they are worth $15/hour?

The reason you are paid minimum wage is because you are more than likely a person who always achieved the minimum in life. Grades/savings/common sense. I'd be willing to bet a sizeable sum that even if you put all that extra money into the hands of "those people" they wouldn't know to handle is properly.  They wouldn't pay off their credit cards, or student loans, it would be spent on dumb crap that dumb people like to buy.  Rims, booze, cigarettes, partying, eating out, a new car you (still) really can't afford.


Wow, what an asshole you are. Writing off millions of Americans. Let them eat cake eh?


So I return to my previous question. How much more are you willing to pay for all sorts of consumer goods to pay more to the people who bothered to go through all the difficult schooling and long hours on the job so you could buy them? People ask why so few americans go into engineering and science these days. But they rarely have the right answer. The work/reward ratio sucks.

Keep that work/reward idea in mind when making interventions like the minimum wage. If employers demand more work for the greater reward then people are going to be knocked off the job ladder. If the lower rung jobs just pay more and everyone else remains the same then more people will find these lower rung jobs good enough. If everyone is raised all that has been accomplished to shift the scale over and now all the people on the bottom rungs are just as poor as they were before while the numbers are larger.
 
2013-07-30 09:54:17 PM

MatrixOutsider: If you chose not to go to school or learn a skilled trade, then why is it McDonalds problem if you chose to work for them at an agreed upon hourly wage that is common for an unskilled worker?


Well, it should be something you care about seeing as a taxpayer you pay for McDonalds/Wal-Mart employees to live off welfare to make up the difference.
 
2013-07-30 09:57:26 PM

Pray 4 Mojo: CaliNJGuy: Yes it is. And if it isn't you should be asking yourself why at Tesco's latest AGM shareholders agitated loud and long for Tesco to shed itself of its US division Fresh & Easy sooner rather than later (F&E has cost Tesco billions thus far and never turned a profit). I can't believe they aren't overjoyed to be losing that kind of money.

He he he... awesome. I've had extensive experience interacting with Fresh and Easy on a business to business level.

They are a management disaster. Total, complete and unmitigated disaster... and still hemorrhaging money.

I would expect that their story is going to be taught in business schools some day as a cautionary example.


I work for a company that has been a technology vendor to F&E since their inception and couldn't agree w/you more.  My first contact w/them was at the mock store they built in their El Segundo facility and the walls couldn't contain the hubris coming out of that place.  They are getting what they deserve.
 
Displayed 50 of 763 comments

First | « | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report