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?No 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.
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Does $15 An Hour Even Make Sense For Working Fast Food?