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How does the minimum wage effect employees long term?

1 in 8 employees started out at McDonald's

In 2014, we saw a lot of attempts to raise the minimum wage across the country. Are people who work at McDonald’s, Walmart, etc in entry level positions, really underpaid? We know that these jobs require little instruction or experience to perform. They consist of entry level positions, that are intended for kids, teenagers and college students, etc. Would it be difficult to raise a family on that income?

Absolutely, nobody is disputing that. While trying to avoid the ‘living wage’ (a politically made up term with no definition) discussion, let’s look at how the job experience from these entry level jobs has effected former employees. Is it a financial trap? Do most people move on to better opportunities? You might be surprised, I was.

McDonald’s is the third biggest employer in America, and estimates that one out of eight workers in the country worked there at some point.

1 in 8 people have worked at McDonald’s.

Also, 1,200 McDonald’s owners started as crew members, as did 40% of their top worldwide managers, and many famous and successful people. If that isn’t enough, look at the billionaires and millionaires who worked there way to the top!

Jeff Bezos (Amazon CEO)
Paul Ryan
Governor Joe Kernan
Andrew Card (Bush Chief of Staff)
Rachel McAdams
Carl Lewis
Jay Leno
Pink
Sharon Stone
Shania Twain
James Franco
Tony Stewart (NASCAR)

More @ http://www.cedwardsgroup.com/employee/famous.html

 

1 in 8 employees started out at McDonald’s



Think about that for a moment. This is just one corporation that fostered enough experience to help them along the way. All those crew members went on to upper management, to own a location or go on to bigger and better things. The entry level jobs are not intended to be career positions. You are supposed to keep moving up, but you yourself are the only limiting factor in this scenario. We have so many resources to change ones future; libraries, internet, night/online schools, etc. if someone wants to improve there own situation, the opportunity to learn is everywhere.

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