Raising the minimum wage has benefits way beyond creating more wealth for workers from protecting children to stopping teen pregnancy, raising the wage has benefits beyond increased salaries. Fast-food chains 'fail to pay living wage' mcdonald’s to raise wages 10% for 90,000 us employees mcdonald’s workers strike over pay – just after a payrise. As of aug 2018, the average pay for a fast food worker is $828 /hr or $20,778 annually. Fast-food workers in los angeles march in august 2013 to raise the minimum wage to $15 an hour similar protests around the country have been organized by. By contrast, the concept of a “living wage,” or a wage reflecting the actual income needed to meet minimum standards of living, allows people to meet an array of basic needs such as food, shelter, clothing, transportation, child care, and medical needs[15.
Raising minimum wage would benefit they are front-line fast-food workers whose median don't pay a living wage andrew yarrow is a senior. Earlier studies have indicated that some businesses will cut jobs to pay employees more in february 2014, the nonpartisan congressional budget office issued a report, “the effects of a minimum-wage increase on employment and family income,” that explores two scenarios: raising the minimum wage to $1010 or to $900. A recent la times story profiled a fast-food worker who, according to reporter don lee, would lose eligibility for medicaid if his wages were raised to $15 his wage gains could be “wiped out” by the higher health care costs he’d end up paying. Fast food workers in new york city will get their first pay hike this december, to $1050, which will be followed by a $150 increase in december of 2016, 2017 and 2018 in the rest of the state, the wage of fast food workers will go up to $975 in december of this year, and then increase by a $1 each year up to december 2019.
One demand of the 1963 marchers was raising the federal minimum wage to $2 an hour in today’s dollars, that’s roughly $15 an hour — what the striking fast-food workers are now calling for. Who would benefit from raising the current federal minimum wage of $725 per hour to a new statewide minimum wage of $1010 per hour in 20162 key finding: nearly 24 million texans, or 1 in 4 for-profit and non-profit workers, would receive a pay increase if the state adopted a minimum wage of $1010 per hour in 20163. In new york city with its exorbitant cost of living, fast-food workers earning pay and benefits wage raise impacting mostly black workers,.
On wednesday, new york's wage board recommended raising the minimum wage for fast-food workers to $15 an hour. On may 15, 2014, fast food workers in countries around the world, including brazil, the united kingdom, japan and the us, went on strike to protest low wages in fast food restaurants the strikes took place in 230 cities as workers demanded a $15 minimum wage and the right to unionize without fear of retaliation. Median hourly pay for fast-food workers is $826, according to data from payscale, and benefits for many part-time fast-food workers are quite limited, forcing many to rely on public assistance or work multiple jobs.
While sonic and other fast-food chains are unlikely to raise wages to the $15 an hour, there is a growing trend in the industry to increase workers' pay for the good of the business hourly wages for people working in food services has risen in. Researchers at purdue university's school of hospitality and tourism management found that raising pay for fast food restaurant workers to $15 an hour—the minimum wage that cities like seattle and san francisco have already adopted—would result in an estimated 43% increase in prices at those restaurants. The raise only applies to the 1,500 corporate-owned restaurants in the us, less than 10 percent of the 900,000 us mcdonald’s workers in the total of.
The $15 wage would represent a raise of more than 70 percent for workers earning the state’s current minimum wage of $875 an hour advocates for low-wage workers said they believed the mandate would quickly spur raises for employees in other industries across the state, and a jubilant mr cuomo predicted that other states would follow his lead. The study says increasing wages to $22 an hour, which the bureau of labor statistics says is what the average american private industry employee makes, would cause a 25 percent increase in prices the current federal minimum wage is $725 an hour, which also is the standard in indiana.
People celebrate the passage of the minimum wage for fast-food workers by the new york state fast food wage board during a rally in new york july 22, 2015. Fast-food workers fight for a living wage other benefits that most fast-food workers don't pay levels without raising the prices for food. Even in fast food, most workers are 21 or older and have at least a high school degree raising wages in fast food could impact living standards for millions of american workers and the families that depend on them 9 workers are leading where government and business have failed. Living wage from all the press fast food living wage will only benefit 'big labor' raising pay for fast food workers will benefit workers and strengthen.