Even McDonald's says McDonald's employees need a second job
A new budgeting tool from the fast-food chain shows employees can't live off their wages alone
McDonald's, partnering with VISA, has released a not-at-all patronizing budget journal to help employees better navigate the waters of minimum-wage living.
The takeaway? Get another job.
Despite some absurdly deflated numbers — like $20 per month for health insurance — the budget journal acknowledges that it's virtually impossible to live off of the fast food chain's wages, which could be a problem for a company that has recently seen a string of highly publicized strikes in New York City. In addition, corporate giants like Walmart have recently come under scrutiny for allegedly failing to provide its employees with a living wage, which has become an urgent issue as American workers increasingly rely on part-time jobs to get by.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The McDonald's budget expects employees to earn $955 a month at a second job, to supplement the $1,105 earned at McDonald's. On average, McDonald's employees earn $8.25 an hour. Factoring in taxes, employees would need to work full-time to earn the $1,105 per month outlined in the budget, plus an additional 30 hours per week to earn $955.
In other words, without another source of income it would be pretty much impossible to get by on a McDonald's salary, even by the stringent standards outlined by the budget — which, by the way, doesn't account for heating or groceries.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Monica Nickelsburg is a digital producer for TheWeek.com. She has previously worked for Transient Pictures, The Daily Beast, NBC, and Forbes. Follow her @mnickelsburg.
-
The Great Mughals: a 'treasure trove' of an exhibition
The Week Recommends The V&A's new show is 'spell-binding'
By The Week UK Published
-
Damian Barr shares his favourite books
The Week Recommends The writer and broadcaster picks works by Alice Walker, Elif Shafak and others
By The Week UK Published
-
Big Tech critic Brendan Carr is Trump's FCC pick
In the Spotlight The next FCC commissioner wants to end content moderation practices on social media sites
By David Faris Published
-
US election: who the billionaires are backing
The Explainer More have endorsed Kamala Harris than Donald Trump, but among the 'ultra-rich' the split is more even
By Harriet Marsden, The Week UK Published
-
US election: where things stand with one week to go
The Explainer Harris' lead in the polls has been narrowing in Trump's favour, but her campaign remains 'cautiously optimistic'
By Harriet Marsden, The Week UK Published
-
Is Trump okay?
Today's Big Question Former president's mental fitness and alleged cognitive decline firmly back in the spotlight after 'bizarre' town hall event
By Harriet Marsden, The Week UK Published
-
The life and times of Kamala Harris
The Explainer The vice-president is narrowly leading the race to become the next US president. How did she get to where she is now?
By The Week UK Published
-
Will 'weirdly civil' VP debate move dial in US election?
Today's Big Question 'Diametrically opposed' candidates showed 'a lot of commonality' on some issues, but offered competing visions for America's future and democracy
By Harriet Marsden, The Week UK Published
-
1 of 6 'Trump Train' drivers liable in Biden bus blockade
Speed Read Only one of the accused was found liable in the case concerning the deliberate slowing of a 2020 Biden campaign bus
By Peter Weber, The Week US Published
-
How could J.D. Vance impact the special relationship?
Today's Big Question Trump's hawkish pick for VP said UK is the first 'truly Islamist country' with a nuclear weapon
By Harriet Marsden, The Week UK Published
-
Biden, Trump urge calm after assassination attempt
Speed Reads A 20-year-old gunman grazed Trump's ear and fatally shot a rally attendee on Saturday
By Peter Weber, The Week US Published