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Mc donald

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Muddassir Karnolwal
Muddassir Karnolwal

McDonald's provided a sample budget for employees that was unrealistic, omitting essential expenses like food, heat, and transportation. The article argues McDonald's CEO should live on the same budget to prove it is viable and end debates about raising the minimum wage. The budget suggested obtaining a second job or borrowing from libraries instead of realistic cost cutting. Having the CEO attempt the budget would demonstrate his leadership and show if the minimum wage is actually enough to live on.

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McDonalds found itself mired in a public-relations flap last week over a sample budget it provided to its employees, advising them how to live on the low wages it pays The fast-food giant meant well, but its sample budget left out useful items like food, heat and gasoline, advancing the argument that nobody can really live on minimum wage. There is an easy way out of this mess for Oak Brook, Ill.-based McDonalds . It is called leadership. Put Chief Executive Don Thompson on the McBudget. Show the world how to live like a CEO on less than $25,000 a year. Last year, McDonalds gave Thompson a compensation package worth $13.8 million, or more than 558 times what McDonalds expects employees to make from two jobs. By adopting a McBudget, Thompson could end the debate over President Barack Obamas plan to raise the federal minimum wage from $7.25 to $9 an hour. Adjusted for inflation, the minimum wage is currently 20% less than it was in 1967which is why so many people still eat at McDonalds Good thing the McBudget guide offers astonishing financial insights, such as expenses are what you spend. It also offers handy cost-cutting tips like Borrow books and movies from the library, and Consider walking or riding a bike. A bicycle could slash McDonalds corporate aviation costs. It would eliminate the need for gasoline and support CEO Thompsons weight-loss goals. In May, he boasted at an analyst conference that hed lost 20 pounds by getting his butt up and working out again while still eating at McDonalds every single day. With a healthy lifestyle like that, Im sure he can easily find health insurance for the $20 a month allotted in the sample employee budget. I would feel more comfortable knowing that a top corporate executive can live on a McBudget, too. Besides, if the minimum wage goes up, McDonalds stock will go down, and we cant have stocks that make up the Dow Jones Industrial Average DJIA -0.33% going down. That is just un-American. McDonalds put out a statement saying the sample budget is intended to help provide a general outline of what an individual budget may look like. One of its best suggestions is that employees find a second job. With his credentials, Thompson could easily land additional work at Popeyes or Taco Bell. This would diversify his diet, too. I should also note that while the sample budget somehow neglected to include food expenses, it also overlooked the employee discount on McRibs. You can make it on gelatinous pork sandwichesat least when theyre in stock. Who needs a Happy Meal?

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Mc donald

  • 1. McDonalds found itself mired in a public-relations flap last week over a sample budget it provided to its employees, advising them how to live on the low wages it pays The fast-food giant meant well, but its sample budget left out useful items like food, heat and gasoline, advancing the argument that nobody can really live on minimum wage. There is an easy way out of this mess for Oak Brook, Ill.-based McDonalds . It is called leadership. Put Chief Executive Don Thompson on the McBudget. Show the world how to live like a CEO on less than $25,000 a year. Last year, McDonalds gave Thompson a compensation package worth $13.8 million, or more than 558 times what McDonalds expects employees to make from two jobs. By adopting a McBudget, Thompson could end the debate over President Barack Obamas plan to raise the federal minimum wage from $7.25 to $9 an hour. Adjusted for inflation, the minimum wage is currently 20% less than it was in 1967which is why so many people still eat at McDonalds Good thing the McBudget guide offers astonishing financial insights, such as expenses are what you spend. It also offers handy cost-cutting tips like Borrow books and movies from the library, and Consider walking or riding a bike. A bicycle could slash McDonalds corporate aviation costs. It would eliminate the need for gasoline and support CEO Thompsons weight-loss goals. In May, he boasted at an analyst conference that hed lost 20 pounds by getting his butt up and working out again while still eating at McDonalds every single day. With a healthy lifestyle like that, Im sure he can easily find health insurance for the $20 a month allotted in the sample employee budget. I would feel more comfortable knowing that a top corporate executive can live on a McBudget, too. Besides, if the minimum wage goes up, McDonalds stock will go down, and we cant have stocks that make up the Dow Jones Industrial Average DJIA -0.33% going down. That is just un-American. McDonalds put out a statement saying the sample budget is intended to help provide a general outline of what an individual budget may look like. One of its best suggestions is that employees find a second job. With his credentials, Thompson could easily land additional work at Popeyes or Taco Bell. This would diversify his diet, too. I should also note that while the sample budget somehow neglected to include food expenses, it also overlooked the employee discount on McRibs. You can make it on gelatinous pork sandwichesat least when theyre in stock. Who needs a Happy Meal?