McDonalds workers due to strike for £10 an hour...

I think an increase in Mcdonalds pricing is a small price to pay to ensure the people making your food is earning a fair amount.

So atm NLW is £7.50 and these MCdonalds guys are asking for 33% more pay, what sort of price increase can we expect to see?

A search online comes up with figures of around 30-35% of McDonald operating costs are down to salary, depending on the franchise and as low as 17% for main stores. Only the lower paid Employees would see an increase, so it is not like that 30-35% is going to increase by a third anyway. How much of that is passed onto the customer?

Well if all of it was, it wouldn't all of a sudden make it too much for customers given the fractions involved but reality is that less would be passed on.


From a Huff post article discussing the doubling of wages for McDonalds:

Experts generally assume that roughly one-third of the cost of increased wages gets passed on to consumers, with much of the rest of cutting into profits, Baker said. Regardless, McDonald’s is so vast and lucrative that it could easily survive a major wage increase, Baker added.

“The idea that it’d put McDonald’s out of business, there’d be no way,” said Baker.
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If the cost becomes too high, then we will see more automation. Those Mcdonald workers would work elsewhere i guess. If the company cannot pay a fair wage, then as is aid before, the government would subsidies through the company or with tax credits and such but at least that company cant help but pay less than what the employees require.
 
Perhaps we need to make minimum wage in a company linked to a percentage of the company's turnover,* if this then exceeds the national minimum wage.

The government should not need to boost the wages of staff through Working Tax Credits, if said company is making a handsome turnover and profit, especially if is privatised and paying out handsome dividends to share holders.

* Which i would also like to see for CEO in relation to a maximum slary per year including bonuses.
 
If you work at McDonald's for more than a couple of months you will probably end up as a manager or something anyway and end up on loads more money.
 
grimm said:
If you work at McDonald's for more than a couple of months you will probably end up as a manager or something anyway and end up on loads more money.
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According to glassdoor a shift manager at McDonald's is on £8.18 an hour.... That's awful.
 
grimm said:
If you work at McDonald's for more than a couple of months you will probably end up as a manager or something anyway and end up on loads more money.
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SPG said:
Mc d make millions each year.. millions damm right they should pay staff better
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That doesn't necessarily follow. They make 'billions' even if you want to add some more emphasis, though I suspect details don't matter too much to your argument.

Avenged7Fold said:
Ofc they are. They shouldn't be allowed to pay staff so little that it requires the government to supplement their wages, while they rake in huge profits.

If a company can pay a fair living wage and still make profit, they should. If they cant, THEN the government should lend a hand.
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well the government has the power to set the minimum wage if feels that companies should pay, McDonalds copies with that (well technically pays slightly more than that even)

I don't see why the entry level roles deserve more than that
 
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Woden said:
According to glassdoor a shift manager at McDonald's is on £8.18 an hour.... That's awful.
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Just looked at glassdoor... It says that a Crew Member would get £5.66 per hour which is below minimum wage unless you're 16 or something.

I worked at McDonalds one summer about 15 years ago and I was on a higher hourly rate than that, so I suspect glassdoor is spouting nonsense.
 
yup, glass door is a bit dubious for this, especially as you don't know for sure how old the entries are, some of the quoted rates are as you pointed out impossible (at least today) as they're below minimum wage

also there is a real mess re: the variety of job titles that different people have inputted into the site

the site has also given a range for the job under that heading- between £7 and £10, this is an artificial range as they deliberately add one to salary figures in general to help keep people anonymous when submitting them

interestingly there is another entry for crew member stating £8-£9 an hour (perhaps someone from a franchise?)
 
If you get any sort of extra responsibility at McDonald's you earn more money. You can do this just by earning one of those little stars on your name badge (I think) which is really easy.

Another "personal experience" I have is a family member who started working there at 16, became a manager within a couple of years and ended up being able to buy his own home as a sole borrower at a very young age (before most people would have completed university). He didn't get any support from his parents because they are not wealthy, he did this all by himself just by working at McDonald's and without going to university and getting into debt etc. which I think is a pretty good achievement these days. The house wasn't in awful condition or a council house or anything like that either.
 
yup, tis surprising, people undervalue the idea of a career there but I'd not be surprised if there is a bit of an edge for someone ambitious at a place like that

sort of like how a grad job at Aldi isn't the sort of thing most people would be attracted to but if someone is ambitious and wants to put in the effort then it isn't necessarily a bad option
 
grimm said:
If you get any sort of extra responsibility at McDonald's you earn more money. You can do this just by earning one of those little stars on your name badge (I think) which is really easy.

Another "personal experience" I have is a family member who started working there at 16, became a manager within a couple of years and ended up being able to buy his own home as a sole borrower at a very young age (before most people would have completed university). He didn't get any support from his parents because they are not wealthy, he did this all by himself just by working at McDonald's and without going to university and getting into debt etc. which I think is a pretty good achievement these days. The house wasn't in awful condition or a council house or anything like that either.
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Which area was this as using halifax mortage calculator £24000 before tax a year with conservative montly outgoings returns some rubbish borrowing figures applying solo.
 
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