Should we deduct from your post that the MPA ad Escort fees are too high? Maybe, like minimum wage, the government should impose the maximum hourly rate for escort so that it will be affordable for people working at McD?
McDonald's, Other CEOs Tell Investors $15 Minimum Wage Won't Hurt Business
- Thread starter Charlemagne
- Start date
As usual the wrong assumption!! Just trying to explain to you that the minimum wages is difficult for such workers to afford what is taken for granted by those hobbyists who are bitching about these miniscule raises and the so called "impact" on the price of their burgers!!
So should I deduct from your post that the McDonald prices will be too high to pay for the burger, as that may eat into the price to pay for the services of the Escorts or MPAs??
If that is true then all businesses can raise the min. wage and still offer the same service and product. The money has to come from somewhere. There has to be cuts in staff, work the staff harder, cut quality of the product or mechanize. Many businesses that can not mechanize will go out of business.
Have you ever heard old geezers talk about the 10 cent ice cream or chocolate bar, in 10-15 years from now when people are paying $18 for a Big Mac they will reminisce about the $5.50 Big Mac
I know you all think it is impossible.
But it is a fact hat a Big Mac in Denmark cost the same as a Big Mac in USA. And it is a fact that any Macdonalds employee in Denmark is paid $22 plus generous benefits, like 4 weeks vacation, retirement contribution and sick leave.
Those are the facts.
Here it is from a fact checking site: (slight differences due to exchange rate fluctuations)
This tweet is largely accurate. McDonald’s workers in Denmark truly make more than $20 an hour and they truly get six weeks of paid vacation.
We reached out to 3F, the union that represents fast food workers in Denmark, to get some more information about the wages at McDonald’s. The union representative told us that the pay scheme in Denmark isn’t as simple as saying that all employees make $22 per hour. The majority of McDonald’s workers in Denmark are part-time, and currently receive a base pay of about $20 an hour. Employees earn additional wages for working off-hour shifts (weekends or nights), overtime, and holidays. Employees over the age of 20 also receive a pension plan.
The agreement with McDonalds does not only include salary per. hour and 6 weeks holiday. There is extra charge for evening and night work. Payment for seniority, holiday payment (Easter and Christmas for example, (100%), on top of all payment there is an extra 6.85%, Pension plan for employees from the age of 20 (12%).
The 3F union rep told us that agreements are renewed every few years. The most recent agreement from 2020 has McDonald’s employees over the age of 18 earning a minimum of DKK 127,24 (about $20.59) per hour, with a slight increase in 2021 (DKK 129,74 or about $21 per hour) and 2022 (DKK 132,24 or $21.40).
Thanks to unionization, workers in Denmark also get paid sick leave and overtime pay. On average, the Big Mac costs about $4.80 in the US and $5.15 in Denmark, according to the Economist's Big Mac index, which tracks the price of Big Macs across the world.
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Instead of 25 people working at the McD in the future they will cut back to 12. There will be a burger flipping machine and one to wrap the burgers before the conveyer belt delivers it to a chute. You already give your order at a machine, so now you pay the machine.
There’s a myriad of taxes in Denmark, your taxes comprise of a national tax a regional tax, a district tax a labour tax and taxes on investment income. Your tax rate cannot exceed 52% but that’s still pretty steep for a middle income earner.
LOL. When you talk about the old geezers you should try and talk about constant dollars. One of those old geezers, Senator John Thune said he only earned $6 an hour when he was younger. The problem is that that is $24 per hour in todays dollars.
The comparison is too simplistic, you have to take everything into consideration. Is McD at every corner and as popular in Denmark as it is in Canada and the USA?
Do people in Denmark eat at McD as often as they do here? I am sure there are many things that are rediculously expensive in Denmark as compared to Canada. Will the $22 minimum wage in Denmark buy you as much as the Ontario minimum wage?
I know a Swiss woman that is now living in Canada, she went shopping in Bern with her mom, aunt and cousin and she treated them to a coke at McD's forgetting she was not in Canada but on a visit back home. Each coke cost her almost $7 Cdn.
This website list the cost of a Big Mac around the world.
Big Mac index 2020 | Statista
Switzerland topped the July 2020 Big Mac index, with a Big Mac costing 6.91 U.S. dollars. By comparison, the concurrent cost in the U.S. was 5.71 dollars.
www.statista.com
In Russia a Big Mac is $1.81 because people are not a affluent as in Canada or denmark.
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