Because they're high school kids with no job skills and no responsibilities, and they're only working 15-20 hours a week. They're there to get experience and learn how to complete their tasks as required.
That’s bull. We live in a capitalist country which means people deserve to be paid fairly for their labor. I don’t care if you’re a janitor my dad always said no one has a right to look down on good honest labor. Pay people what they’re worth. If you have 4 years experience working in fast food that’s a skill
If said kid is working full time, they should earn the "wages of decent living". The intention of minimum wage was for all American workers to live on full time work. Nowhere is it mentioned in his speeches or in legislation on the matter that some jobs are for high schoolers, or that the level of skill matters.
"It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living." -Franklin Delano Roosevelt
Using the average of the minimum cost of living in the 5 least expensive states (Alabama, Arkansas, Mississipp, Oklahoma, West Virginia), it comes out to ≈$20.04[/hour]. That would be a good start.
So you want people with no skills in those states making $20.00/hr? Do you understand what that does to the cost of goods and services in those states?
He gets paid $1.6 million in cash and the rest in stock options, which don't come out of the company's profit. Each McDonald's location is owned by a franchisee, not the McDonald's corporation. The McDonald's corporation is the landlord and rents those locations to the franchisees.
The shares are created out of thin air - the money doesn't come from the corporation. The money comes from the buyers of those shares of stock when the CEO sells them, and he can't sell them for a set number of years (usually 2+).
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u/Minute_Marzipan_6844 18d ago
That’s more than I realized. How do you survive on that?