Home / Does $15 An Hour Even Make Sense For Working Fast Food?

Does $15 An Hour Even Make Sense For Working Fast Food?

Fast Food workers all around the nation are in an uproar over this movement to protest the current minimum wage standard. Fast Food workers are rallying and protesting in order to fight for what they feel is their right to a $15 minimum wage. In effect this would nearly double the hourly wage of the average worker in most restaurants. Those working in the fast food industry are struggling to earn a living due to a combination of factors, which mainly include a low wage and a lack of scheduled hours to work. Could this poverty issue among this demographic be remedied, dare I say it, One bite at a time?

Does $15 An Hour Even Make Sense For Working Fast Food?

fast food logosNo matter which way you dissect the numbers, the average worker in a fast food restaurant does not make enough from that one job to provide a reasonable standard of living for a working adult. Assuming that this person lives by themselves, has no kids, and tries to pay their own bills, they would be left with little to no money at the end of the average month. This matter is greatly exaggerated when looking at those workers that actually do have a family to feed, as many of them do. These workers may not be working in the most lucrative of careers, but they do have a responsibility at the end of the day to provide food, clothing, education, and safety to their families and to themselves.

If the average restaurant pays roughly $7.50 per hour at the moment, would it really take a dramatic increase in the cost of goods sold to be able to meet the expectations of a significantly higher wage? It probably would not. Nearly doubling the cost of the labor at the restaurant would not necessarily require the restaurant to double the price of their food. Perhaps there could be a cost adjustment over the entire menu to reflect the additional expense of the labor. The percentage might not seem so significant. So as the restaurants would need to tighten their belts, perhaps so too should some of the consumers.

Realistically, those on strike are probably aware that they will not see an actual $15 hourly wage. The workers would most likely be willing to settle somewhere short of that hopeful wage and end up happily with $10-11 an hour, if any agreement is made. By setting the bar high, they are giving themselves a lot of room to negotiate a wage. If all of us fast food consumers across the nation have to pay a 10%-30% additional price for our indulgences, then so be it as long as the corporations do the right thing. Undoubtedly the corporations will most likely inflate prices to “compensate for the wages” and then somehow still manage to pad their own corporate pockets even further than before.

Featured Image from Ubiquitouswisdom.com

Does $15 An Hour Even Make Sense For Working Fast Food?

About Steven Kenniff

Lives in Phoenix, AZ. Graduated from Arizona State University in 2005. Writes for American Live Wire, GM Roadster and Northstar Media
  • Bill Gradwohl

    Get rid of the minimum wage. Let the free market decide on a wage for a particular job. Don’t like the fact that your job has a low wage, get educated and move on.

    Increasing the minimum wage has never solved the problem of giving a certain portion of the population a living wage. As soon a the minimum wage rises, the cost of goods and services that those people take part in also rises and this is then inflationary. Its a dog chasing its own tail. The momentary spike in income is then rapidly consumed by higher cost for everything they purchase.

    • Danny Davis

      It’s true that prices would increase, but not at a 1:1 ratio. The companies that try to do this will get steamrolled for their greed. Mcdonalds make’s an unnaturally boosted profit from subsidies in the form of government assistance, in fact the two basically cancel each other out. You are paying for it either way. As an aside, you really should stop eating at mcdonalds, it’s total garbage.

      • Bill Gradwohl

        I don’t eat any fast food. My last McDonalds was probably 30 years ago.

        You’re right in mentioning that public assistance makes up for the wage they aren’t getting. The solution to that is to stop public assistance. That would force wages to increase as the labor market can’t function on the old salary once gov’t assistance is terminated. Again, a free market approach.

        Once you tinker with the free market, unintended consequences arise.

    • naksuthin

      If you really truly believe in the concept of free markets and want to let the free market decide what the living wage should be… then we need to open our borders to the millions of workers from central and south American who would jump at the chance to work in the US for 5 dollars a DAY instead of the outrageous 7 dollars and HOUR..

      In a truly free market there can be no artificial controls like immigration laws and rules that say only “Americans” can work in America.

      Will it work? Of course it will. Look at the Common Market in Europe. A German can move to England and get a job…without a problem

      Labor is labor and whether it comes from a native born American or a illegal immigrant from Honduras makes absolutely no difference.

      We already farm out most of our manufacturing jobs to other countries like China anyway…so demanding that waiters, dish washers, field workers , hotel maids be “Americans” is ridiculous.

      The US could solve a lot of it’s problem by opening up the borders not only to low wage foreign workers…but to foreign doctors, engineers, scientists, and other skilled professional workers too. As long as there is a demand for their services…they should be allowed to provide it…at whatever rate they want to charge. THAT is what FREE MARKETS are all about.

      In fact it makes more sense to import skilled foreign worker than to have to invest years of education to train an American worker. The foreign worker comes already trained. He’s already in his productive years. His native country has invested the time, money and energy to train him. We get to enjoy the benefits of their investment.

      • DissapointedWithAmerica

        you are NOT an American.

      • Bill Gradwohl

        I believe in open borders but for a different reason.

        Borders are lines drawn on a map by governments to corral the people within. To tax them, to use them for unjust wars, to limit their opportunities with rules and regulations that enrich the political class and their hangers on. The list is endless.

        No human being has the natural right to tell another where (s)he may or may not go. I claim the natural right to go to any spot on earth simply because as a human being I’m supreme on the planet. Every person should have the opportunity to go wherever they want and attempt to make a living for themselves in peace. What every person does not have is the right to free assistance when they get there.

        Governments arrange matters to create an us against them atmosphere that benefits them to the average persons detriment. Open borders and general FREEDOM would quickly equalize the peoples of the world and spread the available benefits far and wide.

        I’m an anarchist as I believe in no government having given the topic serious thought over decades.

  • sailor353

    Why these workers are so skilled and in such demand they should be worth at least $25.00/hr.

  • bdcstrong1

    OK, let’s do the math shall we… 10 bucks an hour times 52 weeks equals $20,800 a year, right! You call that middle class, my advise is to get a real job and do something useful, please stop the liberal nonsense and let’s all WORK together for a better future for our kids…

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