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      04-08-2024, 03:10 PM   #63
bagekko
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You know the CEO of McDonalds has nothing to do with what the restaurant pays it's employees right? Over 90% of the locations are franchisee owned. Heard the average pay of corp locations is better than franchised, but don't know if there's any data to support that. So get mad at the rich guy in your area that owns 4 McDonalds not the corp CEO.

Quote:
Originally Posted by RockCrusher View Post
Well Zippa states there are 1,336,229 McDonald's crew members in the US.

Average wage is $26,648.

$26,648 times 1,336,229 is $35.6B a year in crew members' wages.

McDonald's sells 2.5B hamburgers a year.

The CEO:
$17,800,000 divided by 2,500,000,000 is $0.00712 per burger to pay the CEO's salary.

The crew members:
$35.6B divided by 2.5B is $14.24 per burger to pay the crew members' wages.

Sure that $35.6B (and $17.8M) is amortized over all food/drink items sold at McD's not just burgers and both numbers drop by at least an order of magnitude when all food/drink items sold are factored in.

But it does provide some idea how little the CEO's $17.8M salary affects the cost of a burger (any food/drink item) compared to the $35.6B wages of the crew members.

Might add just bumping the crew members' hourly rate by $1 to $13.81 costs McD's an additional $2.7B a year.

Increasing the crew members' hourly rate to $20 would cost McD's an additional $19.9B a year.
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