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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsApple, Walmart, McDonald's: Who's the Biggest Wage Stiffer?
http://www.alternet.org/labor/apple-walmart-mcdonalds-whos-biggest-wage-stiffer***SNIP
Walmart: Underpaying the Most People
Walmart employs about 2.1 million workers, two-thirds of them in the United States. Its 2012 revenue is three times that of Apple, and about 15 times that of McDonald's. The company claims its average full-time wage is $12.78 per hour. That's just under $26,000 per year. (IBISWorld says Walmart pays associates $8.81 per hour.)
***SNIP
McDonald's: Paying the Lowest Wages
McDonald's employs 440,000 workers worldwide, most of them food servers making the median hourly wage of $9.10 an hour or less, for a maximum of about $18,200 per year. The company's $8 billion profit, after wages are paid, works out to the same amount: $18,200 per employee.
***SNIP
Apple: Making a Half-Million per Employee
Now for Apple. Like Walmart and McDonald's, the company pays extraordinarily low wages to its store workers, an average of about $12 per hour, or $24,000 per year for a full-time employee. In-store salespeople make up about half of the total workforce.
***SNIP
So who's the biggest wage stiffer? Apple is by far the worst in rewarding profitability. But Walmart underpays the most people, and McDonald's pays the lowest wages. For those of us who subsidize these companies with tax dollars for their employees' food stamps and Medicaid, it doesn't matter who's worse. We're all getting stiffed.
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Apple, Walmart, McDonald's: Who's the Biggest Wage Stiffer? (Original Post)
xchrom
Jul 2013
OP
liberal N proud
(60,336 posts)1. Most of Wal-Mart's part time employees make minimum wage
The $12/78 is average which is pretty sad as they have some employees who have worked for them for more than 30 years.
And now Wal-Mart mostly hires part time.
Franker65
(299 posts)2. Apple really need to pay their production and shop floors better money
Apple have so much money that they don't know what to do with it - really would make sense to reward the staff in the shops and the Chinese workers producing the products. Still, McDonald's are dreadful if you look at their profit statistics. But then again, why should they pay their staff well when the competition are doing the same and people will work away regardless.