Buddy, the payroll hike would come to a minimum of over 10 billion dollars more per year.  3.9 falling directly on McDonalds, 9 billion spread across the franchises.  There's no way whatsoever that the pay of executives comes out the anywhere near that.  As for investors, that's a whole other issue entirely.

Your second assertion is flawed on it's face.  Low pay is part of how Walmart and McDonalds and such maintain their low prices.  Yes, there would be some increased consumption but that's not going to be evenly spread across all industries nor predictable or stable.  You cannot sit there and tell me that tens of billions of dollars in payroll costs being added to the economy will not effect prices.

Isn't it the workers right to be the ones to get the most profit out of the company they produce for? McDonalds is a company with a revenue of 25 billion dollars a year, they can shoulder that cost.

Yes, Mc Donalds and Walmart operate low prices (the same goes for Amazon's operating costs). However, one can ask if this is longer warranted when the lower prices constitute low wages and in case of McDonalds, low quality. The rise in minimum wage would cushion an eventual rise in prices. And if that means the quality of the franchises an improve, why shouldn't one do it.

A fun thread to follow, tagging.

A serious question, why do you eat from McDonalds ? I tried it in 5 different countries and it sucked everywhere.

Pretty sure no one is doing it for less than 15$ a hour.

From what Ive heard, theres actually alot of money in that profession.

Pretty sure the avg hooker is a million times better off, than the avg McD worker.

The question is just if you find it a acceptable way of makeing money (most dont).

No it isn't the workers right to get the most profits out of the company they work for. Maybe they should go start one themselves instead if that's what they think ... 

No one expects high quality services or food out of retailers or fast food chains, they expect good value ... 

OK, we are just retreading ground I covered a couple pages ago but I'll go on :P

When you go and do all the math, the increase would reduce their net income - their bottom line -to less than $600 million dollars by the best.  Yeah they make 25 billion, but that all but a bit over 7 billion gets eaten up in costs of operations and payroll right now.  McDonalds is a massive company, running that is exorbitantly expensive:  utilities, maintenance, cost of supplies, construction, shipping, and of course payroll. Taxes and interests take that to around 4.5 billion.  That's the companies bottom line.  The hike in payroll costs would bring that to less than 600 million.  And that's before raising pay even further for shift managers and such.  Or factoring in the impact from closing franchises which would be imminent.  The company could easily go into the red with the current setup.

And again, employees DO eat up the majority of payroll by a country mile.  The total disclosed executive compensation for McDonalds is  currently 24.36 million.  This total factors in the CEO, CFO, and the three other most compensated officers.  Like I said, the executive level IS highly paid, but it is ultimately insignificant compared to the total payroll costs and the proposed payroll hike.  

And as I also said in that previous post, McDonalds could survive but it would require enormous changes to the company, many unpleasant.  Jobs would be cut, franchises shut down, prices would be raised, etc.  It would be exorbitantly costly and could indeed destroy the company depending on how fast the payroll hike hit.  Cause it's not just the changes, it's maintaining their consumer base through the transition.  But yes, if the change came slowly enough it would be entirely possible for them to survive.  But it wouldn't be fun, thousands of franchises currently doing middling business would become unsustainable quickly.  

This isn't to say I think minimum wage is fine, it is too low.  This is to say that a FEDERAL minimum of $15 is too high and that people really don't do the research and thinking to realize how huge this is for these companies.  In some areas (California, for example) $15 makes absolute sense.  Cost of living is high enough and the economy strong enough to support it. South Carolina?  North Carolina?  Texas?  Probably something around $10 to $12 is better.  The US is enormous with hundreds of millions of people, different taxes in different states, etc.  Regions vary in economic strength and cost of living.  The federal minimum wage has to take that into account.  

And all this is to say nothing of the absolute havok a $15 federal minimum wage would bring on the small business sector.  

Any exorbitant amount of profit made from the labor of those who produce is wage theft.

Personally I would much prefer a robot is serving me food, far more hygienic and most likely more consistent (not that I would go to McDonalds anyway). MAchines and robots have been replacing people for over a hundred years on mass, everytime it happens in another industry they act like it is doom and gloom and come out with statements like "and so it begins" or "we must do something to stop this disaster" etc etc. The reality is if people took that approach we would all still be uneducated working from dusk till dawn 7 days a week just to survive. Change with the times or be left behind!

What a load of BS. Go take the huge financial risks of running your own business and see if you still think that garbage. Workers should be paid a fair wage for the skills and effort supplied, anything beyond that is purely at the good will of the employer as it should be.

Ok, I do understand your concern. At least we're agreeing the minimum wage should be higher than what it is now. It would seem to me though, that McDonalds model of cheap chain-operated fastfood is in itself unsustainable.

In Belgium, we have had a rise of "quality burger restaurants", which are more expensive, but prepares much better food. We even have some "local fast food" concepts that are catching on. In my home town, we have a Burger King-like fast food place called the Ketchup. You can get a burger with fries for 5€ (about 6€ if you take a medium soda). That's more expensive that the McDonalds here, but the burgers and fries in the Ketchup are bigger, better and all in al more filling. I can get a hamburger at McDonalds for 1€, but to actually have a satisfying meal, you'd come at about the same cost as the Ketchup, while the latter provides better food and higher wages.

It seems the competition is really starting to cut into McDo's, but it might just as wel be that their business model is starting to rot in this day and age.