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Old 07-29-2013, 02:54 PM  
HonestChieffan HonestChieffan is offline
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Burger flippers want $15/hour

Like this will happen.

http://fox4kc.com/2013/07/29/kansas-...-minimum-wage/



KANSAS CITY, Mo. — Fifteen dollars an hour. That’s how much some fast food and retail workers say they deserve to make an hour. On Monday protests will happen in seven U.S. cities including Kansas City to push for the change.

The workers planning to protest say they want economic dignity. They say that means livable wages, benefits and humane working conditions. They say they can’t live or support their families on what they’re making.

Rallies are planned in Kansas City as well as New York City, Chicago, St. Louis, Washington D.C. and other cities.

Some workers say they plan to walk off the job in a one-day strike. Famed civil rights leader Reverend CT Vivian will lead Monday night’s events. Vivian worked alongside Dr. Martin Luther King Junior and has provided civil rights counsel to several presidents including presidents Reagan, Clinton and Obama.

Industry representatives say they can’t afford to pay employees more. They say most fast food restaurants operate on a meager profit margin making it impossible to increase wages.
Most fast food and retail workers make minimum wage. In Kansas that’s 7.25. In Missouri it’s 7.35. So 15 dollars would be more than double their current pay.

Monday’s rally starts at 6:30 at the Metropolitan Missionary Baptist Church in Kansas City Missouri.
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Old 07-30-2013, 08:23 AM   #76
theelusiveeightrop theelusiveeightrop is offline
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Old 07-30-2013, 08:25 AM   #77
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I want two women at once.
The queue is starting up for toilet paper. 16 Obamabucks a roll. Hopefully, when you finally get to the front of the line (it shouldn't take more than 12 hours) they will not have run out.
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Old 07-30-2013, 08:27 AM   #78
Iowanian Iowanian is offline
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You want to make more money than fast food?

Cool. Complete your GED, stop smelling like cigarettes and cut back on the neck tats.



If you have a part time job, then you deal with the employer's rules and pay. If you want a career....do something about it.
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Old 07-30-2013, 08:33 AM   #79
Count Zarth Count Zarth is online now
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According to a study by the University of Kansas, McDonalds only uses 17 percent of their revenue for employee salaries and benefits. So they'd only need to increase prices by 17 cents on the dollar to double employee salaries.

Would you pay 68 cents more for a Big Mac?

Quote:
McDonald's can afford to pay its workers a living wage without sacrificing any of its low menu prices, according to a new study provided to The Huffington Post by a University of Kansas researcher.

Doubling the salaries and benefits of all McDonald's employees -- from workers earning the federal minimum wage of $7.25 per hour to CEO Donald Thompson, whose 2012 compensation totaled $8.75 million -- would cause the price of a Big Mac to increase just 68 cents, from $3.99 to $4.67, University of Kansas research assistant Arnobio Morelix told HuffPost. In addition, every item on the Dollar Menu would go up by 17 cents.

Morelix's research comes as fast-food workers across the country strike for a $15 per hour minimum wage. Workers are also protesting for the right to unionize without fear of retaliation. Protesters are holding strikes in seven cities over a four-day period, according to Salon.

Morelix looked at McDonald's 2012 annual report and discovered that only 17.1 percent of the fast-food giant's revenue goes toward salaries and benefits. In other words, for every dollar McDonald's earns, a little more than 17 cents goes toward the income and benefits of its more than 500,000 U.S. employees.

Thus, if McDonald's executives wanted to double the salaries of all of its employees and keep profits and other expenses the same, it would need to increase prices by just 17 cents per dollar, according to Morelix.

McDonald's declined a request to comment from The Huffington Post.

Quick Poll
Would you pay 68¢ more for a Big Mac to double McDonald's wages?
Absolutely!

No way -- prices are already high enough!

VOTE

Thompson said last week that McDonald's has "always been an above-minimum wage employer." Yet experts and workers alike have questioned that claim, arguing that the CEO is out of touch with how difficult it is to live on the wages McDonald's offers.

A recent study from the National Employment Law Project found that jobs like cooks, cashiers, delivery workers and other non-managerial positions across the fast-food industry earn a median hourly wage of $8.94 per hour. As fast-food wages remain relatively stagnant, many workers actually have less buying power today than their peers did during the 1950s, writes Mark Bittman of The New York Times.
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Old 07-30-2013, 08:37 AM   #80
Msmith Msmith is offline
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I work at a book store that sells college textbooks to students. Many people complained that bookstores charge huge price to students on textbooks. Some students tried to organize some enterprises to sell textbooks to students at cheaper price. One day I talked to a would be entrepreneur who was thinking to open a stand to sell textbooks.

I: What is your operative method?

He: I will order some popular textbooks, (like Algebra I and Calculus I) and sell to the students.

I: Where is your business location?

He: At my apartment.

I: Do you take check as payment?

He: Yes.

I: What if the check bounces?

He: ... Okay, I won't take check.

I: Then you only take cash and credit cards?

He: Yes.

I: How secure is your place at night? I mean people will know that you will hoard thousands of dollars in your apartment.

He: ...

I: Do you have a return policy if the students decide to drop the course and want to return the book? A generous return policy like a student wishes to have, or a stringent policy like a book store having now?

He: Mmmm.....

I: Your profit margin from selling textbooks will be your price minus your cost. Do you know what kind of discount the publisher gives you? (Books ordering from publishers can be
returned within a year generally)

He: I am hoping 30-40%.

The said entrepreneur never carried out his entrepreneurship.

This happened before the internet shopping becoming a norm. Nowadays, people use Amazon and the likes to buy and sell their books. And Amazon and the likes are also making millions if not billions from the commission.
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Old 07-30-2013, 08:48 AM   #81
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I want two women at once.
Damn straight. I always wanted to do that, man. And I think if I were a millionaire I could hook that up, too; 'cause chicks dig dudes with money. /Lawrence
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Old 07-30-2013, 08:57 AM   #82
loochy loochy is offline
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I think Loneiguana is losing sight of this fact:

A job does not exist to support people
A job does not exist to feed someone's family
A job does not exist to give resources to someone so they feel fulfilled

A job exists because a company/business/entity needs something done that they can't or are not willing to do themselves. The wage is how much they feel that job is worth to them. THAT'S IT. Jobs are driven by the need for something to be done, not by the need for people to work or make whatever arbitrary amount they want.
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Old 07-30-2013, 09:00 AM   #83
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Quote:
Originally Posted by Msmith View Post
This happened before the internet shopping becoming a norm. Nowadays, people use Amazon and the likes to buy and sell their books. And Amazon and the likes are also making millions if not billions from the commission.
My son is starting college in a few weeks and we ordered his books last night (mostly on Amazon). I can understand why engineering textbooks would be expensive (limited sales) but $90 - 100 for a writing textbook and for a calculus textbook? Did writing and/or math change in the last 30+ years? /side rant
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Old 07-30-2013, 09:09 AM   #84
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My son is starting college in a few weeks and we ordered his books last night (mostly on Amazon). I can understand why engineering textbooks would be expensive (limited sales) but $90 - 100 for a writing textbook and for a calculus textbook? Did writing and/or math change in the last 30+ years? /side rant
From a publisher's point of view, since it can only sell new textbooks, any sales on used textbooks would just hurt its business. Therefore it wants its books to be updated every two or three years, that means every title, areas including history, geography, math, etc. Is there any new knowledge appearing within two to three years, probably zilch. But business is business.

The main customer of publishers is not student, but professor. He/she is the one to order which textbook to be used in the class.
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Old 07-30-2013, 09:11 AM   #85
King_Chief_Fan King_Chief_Fan is offline
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Of course that's the rational response. Funny we're hearing lectures from a guy who's never owned a business, never will, and may not have ever worked a job in his life.

At any rate businesses base their labor expenses on their revenues. So let's say the Jimmy John's did 1M in sales for a year, the place might allocate 500K for labor and 200K for food and 200K for incidentals.



If the labor goes up, Jimmy's still going to spend the same 500K for labor. He can't go higher. He will just use 8 employees rather than 12 (and the 8 remaining employees get paid more but they work harder - see the problem?)
businesses have to compete in a market for labor based on sector and skill set. I doubt there is any reason for companies to exceed market demand in setting pay and no reason for companies to exceed inflation on the annual increases...which has been 2% and will continue a bit longer it seems. McDonalds, JJ, BK etc are not looking for lifers to work in their establishment. They need the check your brain at the door worker who is temporarily stoppping by before a meaningful job becomes available.
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Old 07-30-2013, 09:14 AM   #86
King_Chief_Fan King_Chief_Fan is offline
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Originally Posted by Iowanian View Post
You want to make more money than fast food?

Cool. Complete your GED, stop smelling like cigarettes and cut back on the neck tats.



If you have a part time job, then you deal with the employer's rules and pay. If you want a career....do something about it.
end of thread!
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Old 07-30-2013, 09:15 AM   #87
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Originally Posted by Msmith View Post
From a publisher's point of view, since it can only sell new textbooks, any sales on used textbooks would just hurt its business. Therefore it wants its books to be updated every two or three years, that means every title, areas including history, geography, math, etc. Is there any new knowledge appearing within two to three years, probably zilch. But business is business.

The main customer of publishers is not student, but professor. He/she is the one to order which textbook to be used in the class.
I know but it is still tough on the students. It's the same gripe I had in college.

I like my son's Honors Chemistry prof. He sent out an e-mail to the students saying he will be teaching primarily out of his notes so no book is required for his classes. He recommends getting a college level chemistry book for a reference but says any published over the last 20 years are basically the same so pick up whatever you can. My son is going to use my old college chemistry book. One less expense.
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Old 07-30-2013, 09:17 AM   #88
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Old 07-30-2013, 09:28 AM   #89
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Originally Posted by Alex Smith HATER View Post
According to a study by the University of Kansas, McDonalds only uses 17 percent of their revenue for employee salaries and benefits. So they'd only need to increase prices by 17 cents on the dollar to double employee salaries.

Would you pay 68 cents more for a Big Mac?

No, no I wouldn't.

And the whole premise of this question is ridiculous, not to mention I always doubt the veracity of a "researcher" who has an axe to grind.

Should McDonalds pay a dollar a pound more for ground beef, just because it would only add XX cents to the price of a Quarter Pounder? Should all their french fries be free just because it would only cut corporate profits by XX percent?

No.

The fact is a company should only pay what something is worth. And truth be told, burger flippers aren't even worth what they get paid now.
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Old 07-30-2013, 09:49 AM   #90
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Apparently, loneiguana isn't aware that not all those fast-food places are corporately owned but by individual franchisers—who don't rake in the billions his jealous driven mind thinks.
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