Can you make 45 000 per year at McDonald s in Denmark PunditFact
Lengthy evaluation of the claim "McDonald's workers in Denmark make $45,000" US equivilent, but worthwhile. Judgement was 'mostly true.'
"Here is some simple but not entirely accurate math about what each company would pay if its hourly minimum wage rose to $15. If 75% of the workers at both companies make $8 and the number rose to $15, Walmart’s expense increase would be $18 billion a year. McDonald’s would be $4.5 billion. In the case of McDonald’s, profits would be cut in half. Walmart’s profit would be cut by 80%.
Walmart’s worldwide revenue is $425 billion, and about two-thirds of that in the United States. McDonald’s is much smaller, with worldwide revenue of $28 billion.
What a Minimum Wage Hike to 15 an Hour Could Do to Walmart and McDonald s - 24 7 Wall St.
So McD's drops to 14 billion, and Wal-Mart's to 85 billion. Not exactly suffering compared to the employees who got em there who ARE suffering.
Time to care more about employees who make these companies profitable in the first place than your company's 'high score.'