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While prices vary at different McDonald’s locations (since the individual franchise sets prices), the average price of a Big Mac Meal is $9.29 according to McDonald’s Corporate. This is a 27% ...
McDonald’s is raising pay at 650 company-owned stores in the U.S. as part of its push to hire thousands of new workers in a tight labor market. The fast-food giant is also encouraging its ...
In 2021, Kempczinski's total compensation from McDonald's was $20 million. [28] In 2023, Kempczinski's total compensation from McDonald's was $19.2 million, or 1,212 times the median employee pay at McDonald's for that year. [29]
The impact on employers and workers within the restaurant industry is a major focus of the Fight for $15 movement. According to the U.S. Bureau of Labor Statistics, restaurants and other food services employ about sixty percent of all workers paid at or below the minimum wage, as of 2018. [57]
In South Korea, McDonald's pays part-time employees $5.50 an hour and is accused of paying less with arbitrary schedule adjustments and pay delays. [95] McDonald's former CEO, Steve Easterbrook, earned an annual salary of $1,100,000. [96] In 2015, Easterbrook had a base salary of $1.3 million and received $15.4 million in total compensation. [97]
In a corporate earnings call in October, McDonald’s explained that its current $5 meal deal has succeeded in generating traffic among “low-income consumers” and helped franchisees make more ...
Because McDonald's has over 400,000 employees and high turnover, Cantalupo's contention has been criticized as being invalid, working to highlight the exception rather than the rule. [20] In 2006, McDonald's undertook an advertising campaign in the United Kingdom to challenge the perceptions of the McJob.
Changes are coming to McDonald's, as the world's largest fast-food chain continues to face slowing sales. While it plans to drop a new $5 value meal next month, it may also be scrapping free refills.