On Second Day Of Protests, McDonald’s CEO Says “We Pay Fair Wages” To Workers

While protesters seeking higher wages for fast food workers gathered for a second day near McDonald’s corporate headquarters outside of Chicago, the chain’s CEO told the company’s investors that there is nothing wrong with what McDonald’s employees are paid.

“We respect the fact that they want to challenge us relative to wages,” CEO Don Thompson told investors at the company’s annual meeting today, according to Businessweek. “We pay fair and competitive wages and we provide opportunity, and we provide job opportunities and training for those entering the workforce.”

The average fast food worker in the U.S. makes around $9.08 per hour, which is above the federal minimum wage of $7.25 an hour (though several states have minimum wages that are higher).

Protesters believe that employees at McDonald’s and its competitors should be paid closer to $15/hour, but those opposed to that idea claim it would result in higher prices and fewer jobs.

Most McDonald’s are owned by franchisees who determine how much to pay workers.

Police arrested 138 protestors on Wednesday for trespassing outside McDonald’s corporate campus, where many employees were told to work from home on the first day of the protests.

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  1. illusio26 says:

    $15 an hour for what they do is insane. I’ve worked at McDonalds before. No way i’d pay that much for unskilled labor (some of which could be replaced by a touchscreen computer).

  2. ZLoth says:

    If you want to raise the living standard, how about lowering the payroll taxes so that everyone has more take-home pay? Of course, they won’t suggest that idea because it would “benefit the rich”.

    These are no-skill little-training jobs. If you raise the cost, then some of these workers would be replaced with touch screens. If they want to get better wages, try enhancing your skills. (Toastmasters can help). I read a article on SF Gate a few months ago where a worker was working two fast food jobs, has two kids, with a third on the way. One wonders about the choices that person made that put her in this poverty trap.