Wednesday, April 15, 2015

Will A $15 Wage Help McDonald's Make Better Burgers And Fries Or Break The Iconic Franchise?

Hiking wages to $15 hour—as protesters around the country demand—will have a mixed impact on McDonald’s. On the one hand, it will help the company hire and retain better-skilled employees, and do a better job serving burgers and fries. On the other hand, it could fuel a “civil war” between the parent company (the franchiser) and the franchisees which may break the iconic franchise. For years, low-pay labor helped McDonalds ascend to the position of the world’s largest fast food franchise; enjoying hefty profit margins that made the company’s stock a stellar performer on Wall Street. McDonald’s, Chipotle', Noodle & Company And Shake Shack’s Key Statistics

No comments:

Post a Comment