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The land down under is, of course, not the only high-wage country in the world where McDonald's does lucrative business. The company actually earns more revenue out of Europe than than it does from the United States. France, with its roughly $12.00 hourly minimum, has more than 1,200 locations. (Australia has about 900).
That said, not every extra dollar of worker compensation seems to get passed onto the consumer. Again, take Australia. According to the The Economist, Aussies have paid anywhere from 6 cents to 70 cents extra for their Big Macs compared to Americans over the past two years, a 1 percent to 17 percent premium. If you were to simply double the cost of labor at your average U.S. Mickey D's and tack it onto the price of a sandwich, you'd expect customers to be paying at least a dollar more.
Sounds like you've finally found a job
Sounds like you've finally found a job
Do you ever discuss the actual topic? Ever?
and they charge more for the food. shocking.
If you were to simply double the cost of labor at your average U.S. Mickey D's and tack it onto the price of a sandwich, you'd expect customers to be paying at least a dollar more.
i bet you still eat at mcdonalds
...in Australia
The Magical World Where McDonald's Pays $15 an Hour? It's Australia
The Magical World Where McDonald's Pays $15 an Hour? It's Australia - Jordan Weissmann - The Atlantic
The land down under is, of course, not the only high-wage country in the world where McDonald's does lucrative business. The company actually earns more revenue out of Europe than than it does from the United States. France, with its roughly $12.00 hourly minimum, has more than 1,200 locations. (Australia has about 900).That said, not every extra dollar of worker compensation seems to get passed onto the consumer. Again, take Australia. According to the The Economist, Aussies have paid anywhere from 6 cents to 70 cents extra for their Big Macs compared to Americans over the past two years, a 1 percent to 17 percent premium. If you were to simply double the cost of labor at your average U.S. Mickey D's and tack it onto the price of a sandwich, you'd expect customers to be paying at least a dollar more.
They pay them upwards of $15 in NYC too. Oh, wait. that probably goes against the propaganda being pumped out by the OP.
If the McDonalds in back country Mississippi is paying $15 hr to ask about the size of fries and push microwave oven buttons, I'm moving there and working part time.
They pay them upwards of $15 in NYC too. Oh, wait. that probably goes against the propaganda being pumped out by the OP.
If the McDonalds in back country Mississippi is paying $15 hr to ask about the size of fries and push microwave oven buttons, I'm moving there and working part time.
