McDonald’s raises its minimum wage–a little
McDonald’s announcement yesterday that it is raising the pay of workers at the outlets it owns, although not franchises, still comes as good news to everyone who cares about the plight of low-wage workers. Everyone should.
But before breaking out the champagne, read these comments from Brandon Weber:
Five Things to Know About McDonald’s Wage Announcement.
- Half a million Walmart workers just won raises to $10—456% more employees than are covered by McDonald’s announcement.
- The increase applies only to workers at corporate stores, which means only about 10% of the company’s U.S. workers will see a change in their income. About 1.6 million workers worldwide will get a raise of $0.
- Nearly everyone who works at McDonald’s will still get paid less than $10 an hour – not enough to pay the bills. And many will still be making far less. In many places, McDonald’s workers earn the federal minimum of $7.25, which means even those who will see an increase as a result of Wednesday’s publicity stunt will still be stuck trying to support families on $8.25 an hour.
- The announcement came a day after McDonald’s and other fast-food workers announced plans for the biggest-ever strike to hit the fast-food industry—a 200-city walkout on April 15.
- McDonald’s low wages cost taxpayers more than $1 billion a year. This won’t put a dent in that amount.
Fight for 15 (a minimum wage of $15/hour) is protesting McDonald’s weak announcement today in cities throughout the country. McDonald’s has taken a tiny step. It and other employers of low-wage workers need to do more.