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McDonald's franchisee group says new $20 minimum wage California fast-food bill will cause 'devastating financial blow'

⁨612⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨year⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨workreform@lemmy.world⁩

https://www.cnbc.com/2023/09/15/mcdonalds-advocacy-group-criticizes-new-california-fast-food-bill.html

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Comments

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  • Mautobu@victoriagaming.ca ⁨1⁩ ⁨year⁩ ago

    Sounds like McDonald’s can’t afford to do business. I guess the free market will have them close.

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    • massacre@lemmy.world ⁨1⁩ ⁨year⁩ ago

      The group said the costs “simply cannot be absorbed by the business model.”

      They can do business, just not be as profitable if they can’t pay slave wages. The problem here is in the quote… they don’t want to change the model where the franchisee’s earn a little less and their crews can actually afford rent.

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      • princessnorah@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

        Why the heck should the franchisee be footing the bill? Make corporate McDonald’s pay for it. Surely they’ve made enough money off ice cream machines by now to afford it…

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    • prole@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      Oh honey, no. The free market only applies when it works in their favor.

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    • orcrist@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Yes except that they were lying and they will still do business. :-/

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    • rhacer@lemmy.world ⁨1⁩ ⁨year⁩ ago

      There is nothing “free market” about a forced minimum wage.

      There are lots of arguments to be made for an increased minimum wage, at least try to be smart when making them.

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      • TruTollTroll@lemmy.world ⁨1⁩ ⁨year⁩ ago

        The irony of you asking for smarts to be considered on regards to a mega billion dollar corp who can more than afford this change for the entire country, let alone just California, while you are commenting the stupidest crap about “free markets” in relation to this news, is hilariously pedantic…

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  • slazer2au@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Press X to doubt.

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    • HurlingDurling@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Exactly, they shure as shit don’t have a problem giving their “food” away now. The truth is most likely that telling their investors that they won’t make so much money will be a devastating financial blow.

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      • nilloc@discuss.tchncs.de ⁨1⁩ ⁨year⁩ ago

        In our local fast foods most places are already advertising at least $19 hour for new hires. Is also over $20 for a kids meal and one adult meal “deal”, which takes less than 5-6 minutes to sell me.

        They’re raking it in.

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  • Ottomateeverything@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Yes… And?

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    • WHYAREWEALLCAPS@lemmy.world ⁨1⁩ ⁨year⁩ ago

      we have values beyond just your profits.

      Heresy! Blasphemy! Heretical Blasphemy! Blasphemical Heresy!

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    • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Don’t give them any ideas.

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  • Ultraviolet@lemmy.world ⁨1⁩ ⁨year⁩ ago

    To quote FDR:

    In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. 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.

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    • APassenger@lemmy.world ⁨1⁩ ⁨year⁩ ago

      We need an FDR. I’d take a modern Roosevelt. Either of them, assuming they keep up with the times (equality, similar).

      He’ll, he’s part of why Boomers had it good.

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  • snek@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Big company suffers devistating effects when told to pay their workers well.

    Well boo-fucking-hoo

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    • Badass_panda@lemmy.world ⁨1⁩ ⁨year⁩ ago

      In this case, the franchisees (small business owners) are saying the big business (McDonalds, which makes its money off of real estate and franchise fees) is going to be fine but they (the people that make money from owning a restaurant) are in trouble.

      For many of them, it’s true; they didn’t consider whether they could open this business if they had to pay a living wage. Unfortunately, that’s not our problem, but it won’t be a problem for McDonalds either.

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      • Coreidan@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Good. I hope they go out of business and the owners have to cry themselves to sleep. I hope they have to sell everything they own before having to work a minimum wage job.

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      • snek@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Honestly sounds like something McDonald’s should be fixing still.

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      • Wilibus@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Won’t someone please think of the wealthy upper middle class!

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  • hrimfaxi_work@midwest.social ⁨1⁩ ⁨year⁩ ago

    The guy who owns the franchise my nephew worked at in high school drove an actual Rolls Royce. He owned a few, but goddamn. The guy who owned the franchise I worked at 20 years earlier owned like 3 houses or something and flew planes as a hobby (idk if he owned one).

    Excuse me for not giving a shit about a financial blow to people like them.

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    • Hoomod@lemmy.world ⁨1⁩ ⁨year⁩ ago

      I just think of the SNL skit/sing “boomers got the vax”

      At one point Kenan Thompson is portraying a wealthy boomer and the song goes like;

      I got the big-ass house and the SUV. Got my second house two, and my third house three. And the place in Vermont, and one in Miami!

      Damn, I got five houses? That’s a lot. Good for me.

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      • Dekthro@lemm.ee ⁨1⁩ ⁨year⁩ ago

        youtu.be/2hekDuCBxCc?si=qLOe-P0pjQTsmTgX

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  • ohlaph@lemmy.world ⁨1⁩ ⁨year⁩ ago

    And? Of course it’ll cost them money. They have been hoarding pay increases for years. 8f your business model doesn’t support paying a decent wage, your business model sucks.

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    • ZombieTheZombieCat@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Yeah, wasn’t this the whole point of capitalism or something? If you can’t compete in the free market then gtfo and all that

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      • floofloof@lemmy.ca ⁨1⁩ ⁨year⁩ ago

        That’s what it says, but it’s just marketing. Capitalists don’t actually believe in fair competition. They believe in themselves having all the stuff, not anyone else.

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      • Jas91a@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Except when big Business expect government handouts then they’re okay with socialism

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      • IHaveTwoCows@lemm.ee ⁨1⁩ ⁨year⁩ ago

        Fun fact: capitalists oppose free markets by an overwhelming margin

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    • pdxfed@lemmy.world ⁨1⁩ ⁨year⁩ ago

      I’m sure most of their employees will still draw public assistance to supplement their basic needs. Fuck these companies.

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  • Phegan@lemmy.world ⁨1⁩ ⁨year⁩ ago

    If you can’t pay your workers a fair wage, you shouldn’t run a business.

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    • not_that_guy05@lemmy.world ⁨1⁩ ⁨year⁩ ago

      If you need to be bailed out for the stupid mistakes you made with your business you don’t deserve to have a business. Why stop at wages.

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  • Coreidan@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Boo hoo. If you can run your business without exploiting the fuck out of people then you don’t deserve to be in business. Fuck off already your food is SHIT.

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  • return2ozma@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Cry me a river! Y’all already charging $15+ for a combo meal!

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  • Holyhandgrenade@lemmy.world ⁨1⁩ ⁨year⁩ ago

    McDonald’s operates in many, many countries, several of which require minimum wage way higher than what they pay workers in the US. I’m sure they’ll be fine.

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    • bob_wiley@lemmy.world ⁨1⁩ ⁨year⁩ ago
      [deleted]
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      • Holyhandgrenade@lemmy.world ⁨1⁩ ⁨year⁩ ago

        That’s a good point, although I think greed is the main reason

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  • reagansrottencorpse@lemmy.world ⁨1⁩ ⁨year⁩ ago

    I guess they can’t afford to do business 🤷

    Go get a job, lazy ass “owners”.

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  • SCB@lemmy.world ⁨1⁩ ⁨year⁩ ago

    If, like me, you’re concerned that franchisees may not be able to raise prices and offset this $250k in yearly expenses, worry no more because they totally can.

    This whole complaint is nonsense. That’s a trivial markup per food item.

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    • JeffCraig@citizensgaming.com ⁨1⁩ ⁨year⁩ ago

      Besides, less fast food restaurants would be a good thing anyway.

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      • thisbenzingring@lemmy.sdf.org ⁨1⁩ ⁨year⁩ ago

        I’m still waiting for taco trucks on every corner. Fuck that would be awesome

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      • m0darn@lemmy.ca ⁨1⁩ ⁨year⁩ ago

        That’s my first thought. Oh maybe higher wages reduces mega chain economies of scale and makes local small businesses more viable.

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    • Pyr_Pressure@lemmy.ca ⁨1⁩ ⁨year⁩ ago

      Exactly, how many burgers would a staff of three people push out every hour? 100? If their wages went from $15 to $20 that’s an increase of $15 an hour or an extra $0.15 increased burger cost.

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  • LostInTheOzone@lemmy.world ⁨1⁩ ⁨year⁩ ago

    You mean, just like all restaurants and fast-food franchises were going to go bankrupt if they raised minimum wage to $15.00 up here?

    It’s been several years, and I haven’t seen any boarded-up McDonald’s during that time.

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  • lagomorphlecture@lemm.ee ⁨1⁩ ⁨year⁩ ago

    Has McDonald’s seen what it charges for its garbage food these days? $20 ain’t shit.

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    • June@lemm.ee ⁨1⁩ ⁨year⁩ ago

      McDonald’s used to be relatively cheap.

      Now it costs as much as a lot of the sit down restaurants in my area. Getting out for under $16 is a task and it’s more likely gonna cost me $20+.

      Wendy’s is still affordable for the most part and has taken over those times I’d normally go to McDonald’s.

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      • IHaveTwoCows@lemm.ee ⁨1⁩ ⁨year⁩ ago

        McDs is one of the longest-lasting and most profitable chains in the world and a bunch of Ayn Rand-slurping assholes insist that they cannot possibly survive without exploitation so WONT YOU THINK OF THE POOR MULTIMILLIONAIRES??!!!

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      • vaultdweller013@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

        The only decently affordable fast food places are wendys and taco bell. Atleast that ive noticed from the big ones. The local ones can still be cheap.

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      • CeeBee@lemmy.world ⁨1⁩ ⁨year⁩ ago

        I live in a small town, McDonald’s is the only “fast food” place here until last week when a Popeye’s chicken opened. That place had been packed every day since they opened. You can get an equivalent meal for two at nearly the price of one meal at McDonald’s.

        Plus the food at Popeye’s is way better.

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      • Pyr_Pressure@lemmy.ca ⁨1⁩ ⁨year⁩ ago

        You can go to the pub and get a better burger and a beer for almost the same as McDonald’s.

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  • llamapocalypse@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It’s not like $20/ hr is even_that_ much money - ~40k a year probably won’t even qualify you to rent an apartment most places anyone wants to live.

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    • June@lemm.ee ⁨1⁩ ⁨year⁩ ago

      God it’s so wild. When I was a teenager $20/hour was good money. That’s just 20 years ago. Now it’s impossible to live on that wage in my area.

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      • IHaveTwoCows@lemm.ee ⁨1⁩ ⁨year⁩ ago

        And according to the McDonalds apologists, IT’S YOUR FAULT!!!1!1!1!!1

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      • llamapocalypse@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Yeah, doing some quick math, if the rental wants 3x the rent in income to qualify and you make $40k, you’re at best going to be able to qualify for something that runs ~$1100. That’s a really crappy 1-bedroom in my medium-sized FL city if you’re really lucky.

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  • Snapz@lemmy.world ⁨1⁩ ⁨year⁩ ago

    No it won’t, you’ll just make slightly less profits, but you’ll still be profitable. If it helps sweetie, you shouldn’t have been making that much profit in the first place, you’re just getting called out on your bullshit now.

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  • bookmeat@lemm.ee ⁨1⁩ ⁨year⁩ ago

    Awww. I’m so sad for these billionaires.

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    • Thurkeau@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Would you pay $20 for a Big Mac? …though they’ll probably automate the cooking and cashier positions, so they don’t have to pay an employee what I make as a robotics technician.

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      • Player2@sopuli.xyz ⁨1⁩ ⁨year⁩ ago

        Have we seen any of that happen in the places the company already operates that enforce a decent wage?

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      • Lightsong@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Are you ignorant or what? There’s proof worldwide that paying your workers decent wages doesn’t cost more. Also, imagine what would happen if workers actually had money to spend… Guess where they’d spend.

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      • IHaveTwoCows@lemm.ee ⁨1⁩ ⁨year⁩ ago

        Always this bullshit response from so-called fReE mArKeT experts

        They never tire of being proven dead wrong over and over and over and over…

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      • Jas91a@lemmy.world ⁨1⁩ ⁨year⁩ ago

        I think if they could have done that (automate the cooking and cashier) to save paying $3 wages they would have.

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      • APassenger@lemmy.world ⁨1⁩ ⁨year⁩ ago

        How much of the overall cost do you think is labor? Because your dollar figure implies you’ve overestimated by plenty.

        Assuming USD.

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      • kwking13@lemm.ee ⁨1⁩ ⁨year⁩ ago

        No, I wouldn’t. That’s why they won’t price it at $20. They’re gonna have to figure something else out or just have a complete negative loss in the state. You can try to price gouge people but they’ll likely just go somewhere else. This is some bs thinking through and through

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      • TopRamenBinLaden@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

        So it turns out that you are underpaid just like these McDonald’s employees. Unless by robotics technician you mean something like a roomba repairman. Maybe support your fellow laborers when they are fighting for fair wages. It shouldn’t be a competition.

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      • mwguy@infosec.pub ⁨1⁩ ⁨year⁩ ago

        Good.

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  • Waldowal@lemmy.world ⁨1⁩ ⁨year⁩ ago

    BS. They said the same thing about $15, then COVID forced it on them (and presumably also raised their own costs for supplies), and it’s been fine. I think my McDs charges 1.25 for a soda now instead of a dollar.

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    • Astronautical@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      Pretty sure everywhere it’s 1.25 now, aside from a couple states.

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      • Fogle@lemmy.ca ⁨1⁩ ⁨year⁩ ago

        Try Canada. A large costs like 3.40

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  • Chocrates@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Boo hoo, if you can’t capitalism right then your business should go under right? Isn’t that what they believe?

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  • reverendsteveii@lemm.ee ⁨1⁩ ⁨year⁩ ago

    fast food will get wrecked

    Okay. If you have to ruin people’s bodies and pay them wages they can’t live on to succeed, then fail.

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    • Rozauhtuno@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

      Worf from TNG with his arms crossed

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    • reflex@kbin.social ⁨1⁩ ⁨year⁩ ago

      Then die.

      If he dies, he dies.

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  • zcd@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Fuck you, pay them

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  • Rozauhtuno@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

    If your business can’t afford to pay a fair wage, it doesn’t deserve to exist.

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    • NumbersCanBeFun@kbin.social ⁨1⁩ ⁨year⁩ ago

      Fully agreed. The only thing that’s about to get devastated is their profit margins.

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      • ours@lemmy.film ⁨1⁩ ⁨year⁩ ago

        Will somebody please think about the poor stock price 😢.

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  • ElBarto@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    A devastating financial bow, to our yearly bonuses.

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  • Astroturfed@lemmy.world ⁨1⁩ ⁨year⁩ ago

    “We’ll make less money. We’re job creators. We can’t create more jobs but hording the money if you don’t let us have the money!”

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  • NigelFrobisher@aussie.zone ⁨1⁩ ⁨year⁩ ago

    They may only be able to give executives a 20% raise next year if this goes ahead.

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  • MJBrune@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Good, any shit company that can’t make living wages work don’t deserve to be in business.

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  • Weslee@lemmy.world ⁨1⁩ ⁨year⁩ ago

    McDonald’s CEO salary is at $20 million, but yeah paying the employees, who actually bring value to the company, a living wage is the problem

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    • NumbersCanBeFun@kbin.social ⁨1⁩ ⁨year⁩ ago

      Franchises are owned by smaller companies or individuals. You’re referring to corporate McDonald’s.

      Not to say it will “devastate them”, but I thought I’d point out the difference none the less.

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      • Weslee@lemmy.world ⁨1⁩ ⁨year⁩ ago

        I just realised, I was on my way back to delete/edit. Only just got my coffee and reading is hard!

        Thank you for the clarification though

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  • orphiebaby@lemm.ee ⁨1⁩ ⁨year⁩ ago

    Go fuck yourself, world’s leading fast food restaurant and the inventor of the franchisee. Billions served, hundreds of billions of dollars made, can’t afford to pay people a living wage?

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  • Pratai@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Since they’ve been shrinking down the size of their meals and raising the prices along the way- I’ve no sympathy for them at all. Let them go under. We’d be better off.

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