Monday, July 15, 2013

McDonalds Tells Workers To Budget By Getting A Second Job And Turning Off Their Heat

http://thinkprogress.org/economy/2013/07/15/2300321/mcdonalds-buget-low-wage/

By Annie-Rose Strasser posted from ThinkProgress Economy on Jul 15, 2013

McDonalds has partnered with Visa to launch a website to help its low-wage workers making an average $8.25 an hour to budget. But while the site is clearly meant to illustrate that McDonalds workers should be able to live on their meager wages, it actually underscores exactly how hard it is for a low-paid fast food worker to get by.

The site includes a sample”‘budget journal” for McDonalds’ employees that offers a laughably inaccurate view of what it’s like to budget on a minimum wage job. Not only does the budget leave a spot open for “second job,” it also gives wholly unreasonable estimates for employees’ costs: $20 a month for health care, $0 for heating, and $600 a month for rent. It does not include any budgeted money for food or clothing.

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Last year, Bloomberg News found that it would take the average McDonalds employee one million hours of work to earn as much money as the company’s CEO.

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