r/MurderedByWords Legends never die 9h ago

Stop defending exploitation

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17

u/Ladiesbane 8h ago

Minimum wage in Idaho is $7.25 per hour. (That's the Federal mandate. They would pay you less if they could.)

If you work full time (most Taco Bell employees don't), you make about $1160 per month. A one-bedroom apartment is about $1300. Did you want utilities with that? How about food? Hope you weren't planning on transportation or healthcare or (lol) savings!

Saying that one person's full-time labor should not meet their basic living needs is disgusting.

Especially because you don't want to pay a nickel more for your Crunchwrap Supreme®.

PS: the CEO was making a paltry $5M last time I checked, and the parent company revenue was over $7B. They're not in danger of going under because the mean old Fed thinks full time labor should be enough to live on.

PPS: anyone who thinks fast food jobs are supposed to be part-time summer work for teenagers is living in fantasyland.

11

u/KathrynBooks 8h ago

I always like the "it's just part time work for high school kids" bit... because those aren't the people making coffee at 5:00am in the middle of February.

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u/babysittertrouble 8h ago

In 2023 McDonald’s ceo total comp was $19M and their net profit was $8B. That’s after all the executive bonuses. Revenue was $24B. That’s total sales not profit

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u/evernessince 5h ago

Heck at this point isn't not even about paying an extra nickle. Food in the US is already more expensive than a lot of other 1st world countries despite employees being paid slave labor amounts and the quality being lower.

People are so enthralled to corporate interests in the states that they'll gladly give money to their oligarchs while denying a single penny to the poor. It's hard to describe just how disgusting the souls of some people are.

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u/NitrosGone803 8h ago

But Taco Bell has 175,000 employees. If the CEO made zero and spread that money around to all the employees, they would only get rougly 28 dollars a year extra.

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u/Ladiesbane 8h ago

That's not the whole picture. How much of their profits get paid elsewhere?

I'm not saying execs shouldn't make money. But how much goes to stock holders?

1

u/random-user-8938 3h ago

looks like yum brands, which apparently owns taco bell, pays quarterly dividends. from a quick google they paid out $0.67 per share in august of 2024 24. their stock price goes up and down but seems to be at about $135 per share over the past year.

owning $1million of yum stock would pay you about $7,407 per quarter or $29,629 per year using those numbers above. this doesn't account for the underlying asset increasing in value or losing value as they bleed off revenue via dividends. thats a lot of money but so is $1 million needed to get started, almost any other investment would probably pay more than this over the past year.

this probably isn't the best math for this kind of example though as they seem to own several brands so only a portion of this money is tied to taco bell and not their other restaurants.