CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds
CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds
These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m
These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m
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if you've ever worked food service in your life you should instantly be able to calculate how fucked wages are. in 1 hour you make dozens of meals that cost $10+ while getting paid maybe $10 or $15 per hour. it's obscene
Good sentiment but not really a true conclusion. Most restaurants sell their food for a little over cost. The majority of their sales profits come from the drinks. It's insane. A 5 gallon bag of Coke syrup is good for $1,000+ in drink sales but costs most businesses less than $100. Regardless, I agree that workers should be paid more, but not because the food is so expensive.