Comment on California Loses Nearly 10,000 Fast-Food Jobs After $20 Minimum Wage Signed Last Fall
BobaFuttbucker@reddthat.com 5 months agoIf a business that pays their executives 2000x more than their average employee can’t pay their workers a living wage it’s either too mismanaged or greedy to continue.
That sucks for the workers for sure, but fast food is not a crucial business and as long as there is demand, another business will fill the void.
wintermute_oregon@lemm.ee 5 months ago
lol. None of these are doing that. You think a franchise owner is making 2000x times their employees ? A McDonald’s profits about 100k. That means the demise owner has to put down 1 million to get a 10% return. That means they are making 5x an employee but carry all the risk.
You keep ranting about a living wage which by itself doesn’t mean anything. They were living in their wages before which means it was a living wage. Now they have no wages. So now they have an unlivable wage.
BobaFuttbucker@reddthat.com 5 months ago
lol you confused executives with franchise owners, that makes your argument irrelevant.
wintermute_oregon@lemm.ee 5 months ago
The article is talking about franchise owners. So why are you going on about some mythical executive is beyond me.
Stop saying living wage since you don’t understand the word. It doesn’t mean what you think.
I wasn’t always well to do. So I do understand the struggle. Why id rather have a job at 16 an hour rather then zero.
BobaFuttbucker@reddthat.com 5 months ago
……how do you think corporate makes its money if not for the franchises? You yourself even mentioned the investment required by the corporation to open a franchise. That goes to the expenses of the physical stores and training staff but ALSO goes to the corporation for licensing fees. They also set requirements that franchise owners have to pay to meet.
They run the company, it’s important to scrutinize their actions.
You’re bad at this.
A living wage = wage high enough to maintain a normal standard of living.
If you can’t even pay rent on a minimum wage job (let alone food or other expenses) then you’re not making a living wage.
What do YOU think it means?