Tech
McDonald’s To Hire To $35K Worth Robots; 'More Affordable Than $15 Per Hour Wage' Executive Says
Michael Finn
First Posted: May 27, 2016 04:24 AM EDT
McDonald's robot is about to replace human workers who have been fighting for their $15 per hour salary. According to a former McDonald's USA CEO Ed Rensi, the robotic devices that are expected to come into the restaurant industry would be very destructive, inflationary and also nonsense because it will definitely cause a lot of job losses throughout the US.
Rensi noted, though, that it seems much cheaper to purchase a robot arm worth $35,000 than to employ human workers who turns out to be inefficient for a $15 per hour of bagging French fries. His remark was a response to a call for a $15 minimum salary that has earned support in the recent months.
Meanwhile, based on the figures submitted by the Bureau of Labor Statistics, 1.3 million workers earned the present minimum wage of $7.25 per hour with 1.7 million that have salaries below the federal minimum in 2014. The combined three million workers comprised the 3.9 percent of the entire hourly paid workers, according to Fox Business.
Rensi warns that it will not only affect the fast food business, as franchising is the best model of a business in the US. He added that it relies on people with low job abilities that need to grow. Rensi further explained that failure to provide the workers with logical wage would mean getting the machines to do their work instead. He also took note of the fact that it is going to happen, and that the people must get rid of the federal minimum salary and let the states handle it.
McDonald's former chief also mentioned about having a multi-faceted wage program in the US, in which a high school student should have a student salary and an entry level worker must have a different salary. According to Rensi, the states should deal with this because they know things on the ground better than anyone in Washington DC, Washington Examiner reported.
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First Posted: May 27, 2016 04:24 AM EDT
McDonald's robot is about to replace human workers who have been fighting for their $15 per hour salary. According to a former McDonald's USA CEO Ed Rensi, the robotic devices that are expected to come into the restaurant industry would be very destructive, inflationary and also nonsense because it will definitely cause a lot of job losses throughout the US.
Rensi noted, though, that it seems much cheaper to purchase a robot arm worth $35,000 than to employ human workers who turns out to be inefficient for a $15 per hour of bagging French fries. His remark was a response to a call for a $15 minimum salary that has earned support in the recent months.
Meanwhile, based on the figures submitted by the Bureau of Labor Statistics, 1.3 million workers earned the present minimum wage of $7.25 per hour with 1.7 million that have salaries below the federal minimum in 2014. The combined three million workers comprised the 3.9 percent of the entire hourly paid workers, according to Fox Business.
Rensi warns that it will not only affect the fast food business, as franchising is the best model of a business in the US. He added that it relies on people with low job abilities that need to grow. Rensi further explained that failure to provide the workers with logical wage would mean getting the machines to do their work instead. He also took note of the fact that it is going to happen, and that the people must get rid of the federal minimum salary and let the states handle it.
McDonald's former chief also mentioned about having a multi-faceted wage program in the US, in which a high school student should have a student salary and an entry level worker must have a different salary. According to Rensi, the states should deal with this because they know things on the ground better than anyone in Washington DC, Washington Examiner reported.
See Now: NASA's Juno Spacecraft's Rendezvous With Jupiter's Mammoth Cyclone