Doing the Math on Fast Food

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Fast food workers are walking off the job all over the country this week, in an attempt to bring attention to the fact that they are not paid a living wage.

A research assistant at the University of Kansas School of Business took a look at McDonald’s annual report, crunched some numbers and determined that doubling the worker’s wages to a more reasonable $15 per hour, would only cost the consumer about 68 cents more for a Big Mac.

Arnobio Morelix told the Huffington Post that according to the report, only 17.1% of Mickey D’s revenue goes towards employee salaries and benefits. That’s 17 cents on the dollar that is used to pay all workers from the executive level on down.

When Morelix did the math, he figured that each item on the menu would only need to go up 17 cents for each dollar, to double everyone’s salary, including the CEO!

That means that a Big Mac, currently priced at $3.99 would need to cost $4.67. The Dollar Menu would become the $1.17 Menu. Not as catchy as the Dollar Menu, but certainly more humane.

While I am not a fan of the fast food chain for health and quality reasons, many others are. Paying these workers a fair wage at so little cost to the company seems like the right thing to do.
Perhaps increasing fast food worker’s wages would cut down on some of the incidences we have been seeing lately, where employees are doing some pretty disgusting things to the food behind the scenes. That certainly would be a step in the right direction.

photo: Glasshouse Images

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