It's a wonderful thing when, as an officer of a public company. one can fabricate data to make themselves look successful. While all managements do this the latest example is McDonald's Corp's claim they have raised McOpCo hourly pay by 10%.
That may be true (we'll never know) but they also claim that Owner/Operators have only raised hourly wages by 5%.
This topic comes up in every communication I have with McDonald's Operators so all I have is anecdotal evidence but 5% is nothing! I'd believe that hourly pay in franchised stores is up 20% or more. Twenty percent on $10.00 /hour gets us to $12.00 /hour. McCeo's 5% is $10.50. Who's hiring at $10.50?
This is part of management's campaign to make McDonald's franchisees look miserly and out of touch with reality. This dovetails with comments made in last week's New York Times about Operator cash flow. More on that over the weekend.
The Chicago office is trying to prove that McCEO knows more about staffing a McDonald's restaurant than people who've been doing so for decades.