I couldn't think of an easier CEO position than McDonalds. You build them and they come.

yeah, i know it. i wonder how much work the top execs make to get that kind of salary?
meanwhile, the people who the customers actually deal with are the ones who make or break you.
and, as that study i put up showed, when wages are increased, the first thing the hr folks do is increase employees standards.
do you want disgruntled employees who don't care, or happy employees with high morale?

Yea earning a B.S. degree from Purdue in Electrical Engineering is a breeze. Then working at McD's since 1990, starting as an electrical engineer were all cush. Hell even Black Enterprise Magazine was fooled into making him 2007 Executive of the Year, considering all the other African American executives out there.

I bet he doesn't even work 30 hours a week.

Cut the strawman bullshit. Never did I say getting to the position was easy. I said that the CEO position at McDonalds doesn't seem as difficult as others and I would say it may be the easiest of all Fortune 500 companies. Typical bullshit from you :zz: :zz: :wf:

You all realize this man grew up in Chicago's famed Cabrini Green public housing nightmare and made it out?

The guy should serve as a role model. Not a villain. But that doesn't put any money into the pockets of Sharpton & Jackson and again why let facts get in the way of a 'movement'. :wf

Just another glaring example of this self-righteous, self-entitlement culture.

"He has more than I have, it's not fair that he isn't giving me more of his"

"He" has an obligation to do exactly jacksh1t for you (colloquially speaking, not you personally Zig).

He offered you a job and you agreed to take it for the specified, mutually agreed upon hourly wage.

That is the beginning and the end of that relationship. "He" is not responsible for your 2 babies out of wedlock, your child support, your happiness, your living arrangements, your transportation, etc.

"He" is responsible for running a business. "You" have every right to embrace that business and work as hard as you can to impress your bosses and ultimately get promoted to earn more money, if that is your choice. "You" have every right to tell him to shove his job up his asz and go work for someone else, or even yourself.

Minimum wage jobs should be scaled based on a lowest common denominator, ie. "How cheaply can I fill this job for?", rather than being strong armed by some self-entitled do-nothing that wants a ridiculous wage for providing precious little in return.

You realize the $67.58 million in Total Executive Compensation paid to McDonalds executives represents 1.29% of profits for the year, based on $5.5 billion profit?

If the local business down the street turned a $1 million profit for the year would it be fair to pay a lone executive $12,290? What more split it up among more than one?

When you consider the numbers, execs at McD's are far from extreme when you consider pay/profit.

Meanwhile, here locally we're supposed to swallow one is doomed if raised in Chicago Public Housing, especially Cabrini Green despite the fact the CEO of McDonalds was one of those doomed one's?

i didn't comment on the salary in regards to whether it's fair what he makes.

my point is, it's rather disingenuous to say you can't afford to pay your workers more, when one can see what you pay your execs.
as for the 'precious little' in return... who greets the mcdonalds customer? takes the order, the money, counts the change, is responsible for being pleasant? who cooks the order? who puts it in the bags? who gives it to the customer? who cleans the store? stocks it? who makes the orders for supplies? who does all the day to day running and has contact with every single customer?
not the ceo. nope, the most important job in mcdonalds is the job held by the people interacting with the actual customers. if it's a good, and pleasant experience, they come back.
no customers, no business.


of course, it's rather easy to just dismiss these people, when one has decided they have no value, no education, have kids out of wedlock and are generally losers anyway.

and by the way, i've worked in some of those jobs over the years, and the experiences gained got me to where i am now. that, and a willingness to do my best, and i have a great overall work ethic. i see people from every walk of life in my current career. from those who live in a huge home and drive fancy cars, to someone who lives in a small apartment and has no car because he can't afford it. i think dealing with a wide range of people has made me more aware over the years that it's really just not as easy as some people seem to think it is to not just live, but succeed and improve your lot in life.

Additionally what seems to get lost in all of this is that even though these corporations have a presence in the US, most all of them are global entities with international officers receiving executive compensation. The 70's and the 80's are over. So while one may feel they are entitled to a larger chunk of the pie, they are not necessarily due it just cuz they are 'Merican.

I don't recall where anyone intimated that they "can't afford to pay their workers more", rather they "don't now, and shouldn't have to."

But this constant drum beat that corporations need to cut their profits in order to give that money away is insanity and verging on the edge of Communism, frankly.

If someone doesn't like working for 7.25 an hour, then they need to go & do something that pays better. If your life's calling is running the deep fat fryer at McD's, then move to where Dell ate lunch the other day - apparently there is a demand for you there as they are advertising 11-13.00 an hour.

That simple, really.


Secondly, your personal experience exactly proves the point. These are stepping stones to greater goals, not life-long careers. You gain a great deal of knowledge, interpersonal relationships, business management exposure, etc. which are all relatable skills further down the line. These are not a careers and one should not be encouraged to feel as though they are.

I think what gets lost is the fact an African American brought up in the Chicago public school system was able to become CEO of McDonald's by age 50.

It's what still makes the U.S. the land of opportunity.

What really gets lost here is that in 2013 someone still needs to mention someone's race along with his accomplishments. :zz: it's not 1965 Dell, this happens all the time.

:tro: jus sayin...

Please tell Jesse Sr. & Co.

Of course his kid is in jail and he's a baby daddy at 70. Far from accomplished.

Dell aka "Strawman king" my brother used to use the "He's doing it why can't I" defense. The only difference was he was 6 at the time.:zz: and you are not.;)

edited for brevity.


so, you just want to keep the status quo, low pay and taxpayers fill in the gaps?

I assure you I have no plans of being a 'baby daddy' at 70.

BTW Jesse and Donald Thompson are REAL people. Not sure where your straw man comes in.

Don't forget who the taxpayers 'really' are.

The bottom 50% account for under 3% of all personal income tax collected while the top quarter pays over 87%.

yep, i know.

i just want people to give ideas, saying 'that won't work' isn't the end of the discussion.

2 different issues entirely. Lower wages vs. raising the minimum wage. Welcome to the global economy where engineers in Bangalore, India are happy to do your job for 40% of what you are being paid. I don't have a clue what the answer to this is, short of absolute Protectionism.

You come across as highly intelligent to me. Do you see that if we continue on this path Deflation is the only logical outcome?

No, I want to pay 11.50 for a Big Mac so that the burger flipper can meet with his accountant to manage his 401K.

Funny how you are going to pay others irresponsibility either way, it just incenses some that they are paying for it on the back end (taxes). Of course that is until they get their 15.00 an hour raise and you pay for it daily in groceries, clothing, restaurants, etc.

You don't know him very well.

i was asking for a genuine answer. not hyperbole regarding the price of a big mac and sarcasm about 401k's. and again, the conversation I was involved in had to do with minimum wage being around $10 an hour, which is where it should be according to economists who track those things. had it increased as it did in the past (and during past economic crises at that) it would be around 10. not 15.

so, how do we put an end to subsidizing millions of workers thru taxes?

By giving them govt jobs I guess. Of course they are paid for with.... taxes....so...

41% of the Net New Jobs in November were in Government:

>>> Federal, state and local governments hired a net additional 338,000 workers in November, equaling 41 percent of the total of 818,000 net additional jobs created in the United States during the month.

At the same time, the unemployment rate for government workers fell from 4.4 percent in October to 3.2 percent in November. (The overall national unemployment rate fell from 7.3 percent to 7.0 percent.)<<<

http://www.cnsnews.com/news/article/...ere-government

great idea, rudeboy. so glad we had this conversation, it's been very enlightening.

Getting them thru High School would be a start. Last year Chicago Public High Schools celebrated a record graduation rate at 65.4%. That means 34.6% failed and will now go thru life as a high school dropout and likely needy, whether they be working or not. Sadly the graduation rate for African American males is 44%. More than half don't graduate.

Ultimately I think setting up McD's CEO Donald Thompson as a role model would be much more serving to the community rather than say Chief Kieff, an 18-year old rapper-gangbanger currently in rehab avoiding more jail time. Yet you'll never hear that from the imposters posing as community saviors, Jesse Jackson Sr. being one of the most obvious.

Why don't we lower the retirement age to 50. That will free up a ton of jobs. :zz:

Stewart covered the min wage issue last nite 'The amazing raise'..:D
Tues nite he covered Fox and their 'war on Christmas' campaign..:D

Unbelievable. Tuesday, some kid won the grand prize on Bozo's Circus. :zz:

Oops, forgot you are a Fox fanatic...here's story you will like..

Bet she won't get a raise..;)

Ga. Wendy's worker drops pot in burger, arrested.

http://money.msn.com/business-news/a...06&id=17170845

Yup, back at ya. :)

I just don't feel as though the conversation is going anywhere. You apparently feel the answer is federally regulated profit margins, federally regulated wage scales, federally regulated price controls, etc. to address this. & I'm not buying it. No worries. I hope we can agree to disagree.

Common sense is a wonderful thing.

Ross Perot & his Nostradamus-like predictions of where we would be if we accepted NAFTA and by extension had to compete globally for goods and labor along with what our Federal budget would look like if we didn't address SS and entitlement issues 20 years ago, are haunting. He was big into common sense, if you recall.

Yet there were Economists, climbing all over each other, waiting for the opportunity to "explain" (because we are all too dumb to get it) how NAFTA was "good" for us.

20 years later, the "Giant Sucking Sound" of good paying jobs fleeing our country continues to whir loudly by today.

60% of our Federal budget going to SSI and Medicare because it was not politically expedient to address this 20 years ago when he foresaw exactly this.

He was a "nut", a "kook", a "fill in the derogatory slur". Yet he was 100% correct. It was common sense. But you couldn't swing a cat by it's tail without hitting an Economist's that would dispute him. Loudly and with charts!!


So forgive me for calling bullsh1t upon hearing how forcing companies to absorb a 20% increase in minimum wage labor costs is somehow "good" for the consumers and the economy.

Common sense.


And as for the anecdotal argument that executive compensation needs to be curbed and that profit reinvested into minimum wage labor costs (enforced by who, again? the Govt.?) - again, this is a pimple on an elephant's asz. and the math doesn't come close to making your case. You are simply looking for a bogey man to blame, and facts be damned. So I'm done with the conversation. Have a great day.

:mad:






































;)

nope, it's not going anywhere. suggestions get booed down, but no alternatives are presented.

you have a great day, too. and weekend as well. hope everyone stays warm and dry enough, it's miserable in these parts.

Have a great weekend too. Warm and dry, not a problem - but we do pay for this all summer:

well, enjoy it.
high of 36 today, with rain and then ice later. yippee.

Beautiful day here today..then lookout sunday..brrrr..

77°F today


Hi:33° sunday maybe freezing rain..:eek:


40's and 50's next week..

Don't forget to tip your nanny during this Holiday season.

http://gawker.com/mcdonalds-to-emplo...nni-1477877785

:D