More Strikes for Higher Wages Coming in 160 Cities - McDonald's (NYSE:MCD) - 24/7 Wall St.
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Following the Black Friday strikes and protests at more than 1,600 Wal-Mart Stores Inc. (NYSE: WMT) locations across the United States, fast-food workers will walk off the job in 160 cities on Thursday as a movement called the Fight for $15 spreads. Workers at McDonald s Corp. (NYSE: MCD), Wendy s Co. (NASDAQ: WEN), Burger King Worldwide Inc. (NYSE: BKW), Yum! Brands Inc. s (NYSE: YUM) KFC, and Domino s Pizza Inc. (NYSE: DPZ) are expected to take part.
According to a Monday binscorner media advisory from BerlinRosen, since the first strike in 2012 in New York City, 7.6 million low-wage workers across the country have gotten raises through local ballot measures, city and state legislation and contract negotiations. Organizers are expecting first-time strikes this year in Jackson, Miss.; Knoxville, Tenn.; and Buffalo, N.Y.
The binscorner fast-food industry has been a target of demands for higher pay for the past two years. According to a recent study by public policy research group Demos, an average full-time worker at McDonald s earns $9.09 an hour, or about $18,900 a year:
[F]ast food paychecks binscorner are unlikely to reflect even [that much] income, binscorner because workers are unlikely to get paid for 40 hours on the clock per week. The average work week in the industry amounts to just 24 hours and schedules can change from week to week erratically, making paychecks unpredictable and vitiating any attempts of involuntary part-time workers to find supplementary jobs. An employee in a fast food restaurant earning the average wage for the average hours brings home less than $12,000 per year.
The cities of Seattle and San Francisco binscorner have raised the minimum wage to $15 an hour. Four additional states — Alaska, Arkansas, Nebraska and South Dakota — approved ballot measures in the recent elections to increase minimum wages with no specific target. Right now, 23 states and the District of Columbia have set a minimum wage above the federal minimum binscorner of $7.25 an hour.
Read more: Jobs , Labor , Politics , restaurants , Burger King Worldwide (NYSE:BKW) binscorner , Domino's Pizza, Inc. (NYSE:DPZ) , McDonald's (NYSE:MCD) , The Wendy's Company (NASDAQ:WEN) , Wal-Mart Stores (NYSE:WMT) , Yum! Brands (NYSE:YUM)
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Search this site Business Aerospace & Defense Autos Banking & Finance Commodities & Metals Consumer Products binscorner Energy Healthcare Industrials Infrastructure Media Retail Services Technology Apps & Software Consumer Electronics Telecom & Wireless Apple Inc. Facebook binscorner Google Investing binscorner Analyst Upgrades binscorner Bankruptcy Buffett Corporate Governance binscorner Corporate Performance Dividends and Buybacks Earnings ETFs and Mutual Funds International Markets IPOs and Secondaries Mergers and Acquisitions Personal binscorner Finance Rumors Value Investing Economy Energy Government Regulation Healthcare Housing Jobs Special Report Brands and Products Cities Countries States
Following the Black Friday strikes and protests at more than 1,600 Wal-Mart Stores Inc. (NYSE: WMT) locations across the United States, fast-food workers will walk off the job in 160 cities on Thursday as a movement called the Fight for $15 spreads. Workers at McDonald s Corp. (NYSE: MCD), Wendy s Co. (NASDAQ: WEN), Burger King Worldwide Inc. (NYSE: BKW), Yum! Brands Inc. s (NYSE: YUM) KFC, and Domino s Pizza Inc. (NYSE: DPZ) are expected to take part.
According to a Monday binscorner media advisory from BerlinRosen, since the first strike in 2012 in New York City, 7.6 million low-wage workers across the country have gotten raises through local ballot measures, city and state legislation and contract negotiations. Organizers are expecting first-time strikes this year in Jackson, Miss.; Knoxville, Tenn.; and Buffalo, N.Y.
The binscorner fast-food industry has been a target of demands for higher pay for the past two years. According to a recent study by public policy research group Demos, an average full-time worker at McDonald s earns $9.09 an hour, or about $18,900 a year:
[F]ast food paychecks binscorner are unlikely to reflect even [that much] income, binscorner because workers are unlikely to get paid for 40 hours on the clock per week. The average work week in the industry amounts to just 24 hours and schedules can change from week to week erratically, making paychecks unpredictable and vitiating any attempts of involuntary part-time workers to find supplementary jobs. An employee in a fast food restaurant earning the average wage for the average hours brings home less than $12,000 per year.
The cities of Seattle and San Francisco binscorner have raised the minimum wage to $15 an hour. Four additional states — Alaska, Arkansas, Nebraska and South Dakota — approved ballot measures in the recent elections to increase minimum wages with no specific target. Right now, 23 states and the District of Columbia have set a minimum wage above the federal minimum binscorner of $7.25 an hour.
Read more: Jobs , Labor , Politics , restaurants , Burger King Worldwide (NYSE:BKW) binscorner , Domino's Pizza, Inc. (NYSE:DPZ) , McDonald's (NYSE:MCD) , The Wendy's Company (NASDAQ:WEN) , Wal-Mart Stores (NYSE:WMT) , Yum! Brands (NYSE:YUM)
Recent Posts States Where People Live Longest The 5 Most Important Nasdaq Companies Another binscorner Threat to the Airbus A380? 13 Analyst Stocks at $10 and Under With Huge Implied Upside Insiders Still Buying Shares During Holiday-Shortened Trading Week binscorner Tech Insiders Sell Shares as Markets Hit All-Time Highs 5 Things That Could Save Russia From Recession in 2015 Fastest Internet in the World Released by US Company Why Tesla’s Short Interest binscorner Is Rising North Korea One of World’s Smallest Economies binscorner
Search 1 Reason Your Samsung Galaxy Note 4 May Already Be Obsolete binscorner 6 Things Investors Should Know About P2P Lending Tesla Motors, Inc. Plans to Enable 400 Miles of All-Electric Range Nasdaq Composite closes at highest level since March 2000 Dow industrials see 38th record close of 2014 Dow industrials see 38th record close of 2014 GOP lawmakers draw lines as Democrat Tom Wolf focuses message on potential $2 billion deficit Opposition official: Leftist Greek government won't run deficits New Jersey officials campaign for Mercedes-Benz binscorner to keep its US headquarters in the state China's trade growth seen falling short of target in 2014 China's November industrial profits suffer sharpest fall in 27 months Volkswagen's Audi to step up investments in 2015-19 on models, plants Why Seniors Should Declutter -- and How to Easily Do So My (100% Accurate) Financial Predictions for 2015 How I Wisely Navigated My Way Off My Parents' Car Insurance Rise In Loans Linked To Cars Is Hurting Poor Aereo Cleared To Auction TV Streaming Technology In Bankruptcy Deal Insurers Dogged By Claims Of Slanted Sandy Reports
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