Higher minimum wages demanded by McDonald's workers is tanking the company.

What's a wage when you can't live on it?

Nice Try! Wages have nothing to do with MCD's failing. They serve bad food and more people are starting to realize it. You can't keep the doors open when less and less people want to come in.

Debs wrote:

What's a wage when you can't live on it?

If you can't live on it get a frikking better job!!! Are they studying during off hours to improve their job-worthiness? No most are lazy and then just complain

There is not a limitless supply of jobs. Your solution will work for some but not for all minimum wage workers. By the way, how many minimum wage workers do you know personally?

How could worker's higher wages lead to lower sales?

Polly,

You can't defend McD's this way. They have been doing the same thing for 50+ years and think they shouldn't end up out of business. Starbuck's has proven you can do better with fewer higher paid employees. McD's should do what the employees ask and start cleaning their bathrooms and churning out hamburgers as good as Five Guys.

Higher prices passed along to consumers.

X-Runner wrote:

How could worker's higher wages lead to lower sales?

econ101wejo wrote:

Higher prices passed along to consumers.

X-Runner wrote:

How could worker's higher wages lead to lower sales?

Good! Maybe some of McDonalds' regular obese customers will start buying real food and preparing their own meals.

econ101wejo wrote:

Higher prices passed along to consumers.

X-Runner wrote:

How could worker's higher wages lead to lower sales?

If they are getting lower sales dollars due to higher prices of their products then it is because they priced their products wrong.

Higher cost should only hurt their margins not their sales.

How did a demand for a higher wage impact 2014 results?

Some real factors

1. disgusting food compared to their competitors. Chipotle increased sales by 20%

2. health kicks

3. high unemployment in Europe (where a Big Mac can cost up to $7)

4. the strength of the dollar

5. sanctions against Russia, where they have 433 restaurants

dfsdfsa wrote:

http://money.cnn.com/2015/01/23/investing/mcdonalds-earnings/index.html?iid=HP_LN

What's a higher wage when you get laid off?

Idiot or troll?

McDonalds decline has nothing to do with minimum wage.

When was the last time you stepped into McDonalds? These stores are dirty and the furniture is straight from the 80's and hasn't been renovated since.

Actually many McDonalds have been renovated and look nice.

Here's an example:

http://www.mcdonalds.ca/content/dam/Canada/en/home_page_new/images/slide2.jpg

Nutella1 wrote:

When was the last time you stepped into McDonalds? These stores are dirty and the furniture is straight from the 80's and hasn't been renovated since.

A remodeled, very nice McDonalds opened in the food court near my office building. So nice in fact, I went in to a McDonalds the first time in years to check it out and grab an order of fries.

The fries were good, but I have to say, the "employee" who took my order was enough to keep anyone away. If they went to touch screens for orders they would be more efficient and save millions.

McDonalds has a few problems, changing tastes, menu too big, but that day the ignorant slob that took my order gave me reason enough to never go back there.

Shake Shack always seems to have a line outside the door.,

econ101wejo wrote:

Higher prices passed along to consumers.

X-Runner wrote:

How could worker's higher wages lead to lower sales?

In & Out.

Enough said.

EmersonLakeandPalmer wrote:

Nice Try! Wages have nothing to do with MCD's failing. They serve bad food and more people are starting to realize it. You can't keep the doors open when less and less people want to come in.

This. Let's depart for a second from conventions of healthy eating and sink ourselves to the standards of the Standard American diet: in this regard, McDonalds fails on two levels. We have "innate product tastiness ceiling" and then we have "product as prepared." These employees want higher minimum wages? In many locations, immigrantes who have no competence in English are working in the "food preparation" area. Its preposterous and leads to the most basic of order mistakes and improper food preparation, or the factor of "product as prepared." In fact, from a SAD standpoint, some of McDonald's products are actually "innately" tastier than you'd probably think, when prepared properly according to corporate instructions. Most of the time these dumb-@ss employees can't follow those instructions so the food tastes on a spectrum of unpleasant to diseased/terrible. This is most rampant with their beef products which Consumer Reports recently rated the worst in America (although truly, they would be 2nd place and Wendy's would be first).

Higher minimum wage should, minimally prerequire employees who actually fulfill their job role to some threshold of competence. I can't remember the last time I went to a fast food establishment with such satisfactory employees.

asxcd wrote:

Nutella1 wrote:

When was the last time you stepped into McDonalds? These stores are dirty and the furniture is straight from the 80's and hasn't been renovated since.

A remodeled, very nice McDonalds opened in the food court near my office building. So nice in fact, I went in to a McDonalds the first time in years to check it out and grab an order of fries.

The fries were good, but I have to say, the "employee" who took my order was enough to keep anyone away. If they went to touch screens for orders they would be more efficient and save millions.

McDonalds has a few problems, changing tastes, menu too big, but that day the ignorant slob that took my order gave me reason enough to never go back there.

They are actually rolling out computer choice kiosks in some locations. And I agree, it would be best if they did away with the awful employees who work the counters and the kitchens, replace them with the iron efficiency and precision of machines. Of course, all the liberals will cry about jobs lost. But the customer comes first, right??

The CEO is trying some new ideas, like shrinking the menu, reducing value items and creating more "customization" for the customer, but the problem is the idiot employees who can't carry out corporate franchise instructions to any degree of skill.

OP,

Do you even bother to read the article you linked to?

Is McDonald's too fried? Shares of McDonald's have fallen 8% over the past three years ... a period of time when the broader market -- as well as fast food rivals -- such as Wendy's (WEN) and Yum! Brands (YUM) have surged.