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McDonald's Can't Figure Out How Its Workers Survive on Minimum Wage
#29

McDonald's Can't Figure Out How Its Workers Survive on Minimum Wage

Some quick and dirty math:
McDonalds has 1.8 million employees and last year reported an income of 5.46 billion. That means on average each employee generates $3033/year for the company. That's about $1.46/hr if you assume they work full time (2080 hrs/year).

That doesn't seem particularly exploitative to me. I don't think they'd be able to pay their employees much more without significantly raising their prices.
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