18 July 2013

Economic Security Not Possible on Minimum Wage

McDonald’s is causing a stir with its unrealistic budgeting tool for minimum-wage employees. Not only were the amounts allocated staggeringly low (only $600 per month for rent, compared to the national average of $1,048), but the budget excluded things like heat, gas, clothing and child care.

Given that two-thirds of fast-food workers are women and almost one-third of minimum-wage earners are raising children, it’s likely that a significant number of McDonald’s employees require child care services.

A recent Restaurant Opportunities Centers United study, funded by the Ms. Foundation, found that working mothers in the restaurant industry spend an average of 35 percent of their wages on child care.

Unfortunately, the math just doesn’t add up in the McDonald’s scenario. That budget would require an additional $721 in after-tax wages to account for child care.

The fact is that no budgeting tool can truly help minimum-wage earners achieve economic security. So, we’re asking McDonald’s CEO Donald Thompson to instead pay his employees a living wage. Learn more about our campaign and sign our petition today !

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