Showing posts with label Minimum wage. Show all posts
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On May 15, Milwaukee fast food workers struck demanding, among other things, an increase in the minimum wage to $15 an hour.
However, many in the retail industry argue that increasing the minimum wage will not only limit job creation, but cost jobs as well.
In April, McDonald's more than tripled the pay packages last year for its new CEO Don Thompson and the man he replaced, Jim Skinner.
So, if the minimum wage increase cost jobs, wouldn't enormous pay increases for the CEO have the same effect?
- 4 comments • Category: CEO pay, McDonald's, Minimum wage
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