Congress Members Urge McDonald’s CEO to Increase Wages
By Leslie Patton - Dec 4, 2013
Democratic members of the U.S. Congress are urging McDonald’s Corp. (MCD) and other fast-food chains to raise wages for store workers.
“Too many hard-working families are being forced to depend on poverty-level wages,” 53 members of Congress wrote in a letter being mailed today to restaurant executives including McDonald’s Chief Executive Officer Don Thompson. “Paying fair wages and putting more spending money in the hands of consumers will strengthen our economy.”
The letter, signed by representatives including Linda Sanchez, a California Democrat, and Raul Grijalva, an Arizona Democrat, is also being sent to CEOs at Burger King Worldwide Inc., Wendy’s Co., Yum! Brands Inc. (YUM) and Domino’s Pizza Inc.
Tomorrow, fast-food workers plan to strike for $15-an-hour pay in more than 100 cities across the U.S. While the protests for higher wages, which started in New York City last year, have spread across the country, they’ve done little to change an industry that employs millions of low-wage workers.
The strikes and letter coincide with President Barack Obama’s support for a bill pending in Congress that would raise the federal minimum wage to $10.10 an hour from $7.25 an hour and index it to inflation. Some states have higher minimum wages than the federal level.
more...
http://www.bloomberg.com/news/2013-12-04/congress-members-urge-mcdonald-s-ceo-to-increase-wages.html
= new reply since forum marked as read