Dunkin' CEO: $15 minimum wage is 'outrageous'

Dunkin' isn't the same quality as Starbucks and can't afford to charge as much for their products and has much lower margins. They are completely different business models as one caters to rich people with lots of disposable income and the other caters to people like me that are skint.

originally posted by: muse7
I'm sorry but $15 bucks an hour for fast food workers IS outrageous.

The CEO might be overpaid but he probably went to university and busted his ass at school to at least deserve some of the money he's making.

If these people want to make $15 an hour then they should go to college and get a degree in something useful that's in demand or learn a trade that's in demand.

Let's take your pathetic argument to it's logical conclusion. Everyone gets a degree nobody works in retail or cleans toilets or removes rubbish etc etc. The world YOUR WORLD would be unliveable.

Your are an unthinking unrealistic right wing capitalist idiot.

a reply to: yorkshirelad

You just called Muse a right-wing capitalistic idiot.

lolz

a reply to: ugmold

so fast food workers should get a near 100% wage increase cause the ceo makes 500 an hour?
that is the justification?

why do people not realize that if this increase ever happens then # will get more expensive and others will get an increase as well and they will be right back where they started....at the bottom of the pay scale.

i know if they do get a 100% increase that i will make damn sure i organize all the workers in my foundry to strike/petition/whatever for the same....i sure could handle the increase....

i dont get why it is always about the other guy...the one who makes more

the ceo and the cfo make this so i want that...
its unreal

go out and get some damn skills

originally posted by: Mugly
a reply to: ugmold

so fast food workers should get a near 100% wage increase cause the ceo makes 500 an hour?
that is the justification?

why do people not realize that if this increase ever happens then # will get more expensive and others will get an increase as well and they will be right back where they started....at the bottom of the pay scale.

i know if they do get a 100% increase that i will make damn sure i organize all the workers in my foundry to strike/petition/whatever for the same....i sure could handle the increase....

i dont get why it is always about the other guy...the one who makes more

the ceo and the cfo make this so i want that...
its unreal

go out and get some damn skills

71% is not even 3/4 of 100% This is long over due, thus the need for the catch up, haven't you noticed the economy? And if they went out and got some skills, who would serve yo your coffee? Your answer: a machine. You can already go to a vending machine. What, problem with that?

a reply to: ugmold

The inequality is out of control, and needs to change. This just isn't the right way to do it. It is going to cause more problems.

Tying CEO income to employee income, closing loopholes in the tax code specifically put in for the rich, increase taxes on capital gains by 2x-3x. Put in tax incentives for employers that invest back into their workforce and the community etc...

That would actually create change, this current route will only create further division between people and losses of jobs.

originally posted by: yorkshirelad

originally posted by: muse7
I'm sorry but $15 bucks an hour for fast food workers IS outrageous.

The CEO might be overpaid but he probably went to university and busted his ass at school to at least deserve some of the money he's making.

If these people want to make $15 an hour then they should go to college and get a degree in something useful that's in demand or learn a trade that's in demand.

Let's take your pathetic argument to it's logical conclusion. Everyone gets a degree nobody works in retail or cleans toilets or removes rubbish etc etc. The world YOUR WORLD would be unliveable.

Your are an unthinking unrealistic right wing capitalist idiot.

I'm not a right winger and I admit that capitalism has some major flaws..

Above everything I'm a realist.

And the reality is that fast food workers absolutely do not deserve $15 bucks an hour. That's $30k a year. That is ridiculous.

If someone wants to increase their earning potential then they need to get a degree or learn a trade that is in demand.

$15 bucks an hour for a job that does not even require a high school diploma is just ridiculous.

a reply to: ugmold

what he makes aside (which is just throwing out the baby with the bathwater, really), he is right. $15 an hour is outrageous. Because thats not how you build the middle class back up. All it will do is make anyone earning $15/hr "poor". An enormous moving of the poverty line in the wrong direction. All so we can feel good and nod in approval out our collective awesomeness.

a reply to: ugmold

In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.

Confucious

OMG, I say let's stop bickering about it and expecting somebody else to do something about changing it.

So here's my plan.

I am going to start a business.

Something that has sustainable demand.

And I am going to bust my a$$ to make sure that the products and services we provide are the ones that customers prefer over the competition.

I am going to grow the business such that I have to hire employees. I am going to pay said employees $15.00/hour. And I am going to require them bust their a$$es too. Only one additional requirement above and beyond the usual cleanliness, reliability and respect for themselves and each other: each person I hire must have an interest in learning new skills that they don't yet have. I don't even care if the skill they want to learn has practical value in my business. (Of course, I will take under my wing and mentor anyone of them that cares to learn the managerial and administrative side of the business, too).

I will do whatever marketing and schmoozing is necessary to keep the business top-of-mind amongst our customer base. And to keep bringing in new customers.

I will promote from within as long as I have candidates that are interested and willing to learn and apply themselves.

I expect I will come across a lot of people that will interview well enough to get me to hire them, but that won't work out, and I will wind up letting some go.

But for the ones that stay, assuming we turn a profit, I will provide profit sharing. And I will NOT make 50 times (or more) what I pay my lowest-wage worker. And I will pitch in and do my share of the dirty work.

And I will challenge my people to develop themselves and start their own businesses, and mentor their own employees. If they sign a pledge that they also will NOT make 50 times what their lowest paid worker makes, and are transparent with me, I will be happy to invest in their businesses should I have enough success to be able to do that.

I worked for such a person in high school, and it had a profound impact on my life.

I am ready to have the same impact for someone else. Who is with me!?!?!?

originally posted by: Sremmos80
a reply to: muse7

15 may be ridiculous, but I am all for a living wage.

One that raises as inflation does.

And Dunkin Doughnuts does have a demand, people eat there all the time.

He doesn't get his pay by people not buying his product.

I don't think a living wage is a bad idea, as long as that wage rises in increments according to inflation and more importantly according to your skill level and what type of job you are doing.

Dunkin Dounuts might have a high demand

But the prospect of people that bag donuts for a living making $15 dollars an hour is just unfathomable...

$15 bucks an hour is more than what a lot of manufacturing workers make....

a reply to: ketsuko

Smart guy that Confucious...

If we can get money out of politics, most of the current issues with inequality will go away.

He's actually right on this one.

ANYONE can improve their wage, any time they like, by getting an education.

There have ALWAYS been low level, entry level, low paying jobs. If you remove these, you may have undesirable consequences that you didn't think of.

If minimum wage is suddenly $15 an hour instead of $7.25, suddenly $18 an hour doesn't seem like that much of a good deal,

a reply to: muse7

I get so sick of this argument. You cannot BUY worth, you cannot BUY intelligence. Where I work, we go through managerial types with their fancy degrees like a crohn's sufferer goes through toilet paper. Why? Because you cannot shell out money and get a slip of paper that proves you can do a job. These people are always immediately replaced, but when someone who is in production (you know, those who ACTUALLY run the machines that create the product that makes the company all the money) leaves it takes forever to find a suitable replacement.

And no, I am not speaking for myself, I am in shipping/receiving, but I see first hand who the real movers and shakers are. I've offered this wager to the people who make the decisions where I work. Everyone who works on salary take a month off and see how the company runs, then let the hourly people take a month off and see how it goes. The results will surprise you

Dependence on government will get you nothing.

Creeping Socialism is being taken over by Creeping Capitalism.

DaaHaHaHa.

The U.S. Government and local governments are deep in debt.

Dunk'in Donuts isn't.

Apparently his "moxey" was more efficient than your superior iq reply to: Isurrender73

Right so in order to equalize things perhaps some of the donut dunkers should learn more valuable skills...just saying...sinking a basket of pre made dough in hot oil...isnt that impressive. ..I would pay on merit.
reply to: Danke

Definitely outrageous.

These are stepping stone jobs. They are not careers. They are not to support a family.

A maximum minimum wage should be $10 at the current time.

a reply to: babybunnies

you're right, but we need to get back the buying power the dollar used to have. It used to be even a minimum wage job could support a family, buy a home, car etc.