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<blockquote data-quote="BrownBrokeDown" data-source="post: 1444055" data-attributes="member: 46824"><p>Said i wasn't going to but here it is anyway. These numbers are approximates as fast food chain/customers per hour/prices are affected by location.</p><p> </p><p>Lets assume an average of $8 per meal (a little low probably), $400 per hour average which would be 50 meals (depending on location and chain this is easily doable), and 5 employees to work a $400 hour (depending on chain is easily doable).</p><p> </p><p>A $5 per hour per employee increase would amount to 0.50 per meal in that hour. For a family of 4 instead of paying $32 + tax, they would pay $34 + tax.</p><p> </p><p>Now the employee making that extra $5 would bring home approximately $175 more per week and $9100 per year based on a 35 hour week. Fast food companies don't like OT for non-mangement. Lets assume about the worst tax bracket taking 25% out of it = $6825 take home more per year. Your talking huge money for someone or a family that was making minimum wage. </p><p> </p><p>I personally think an extra 0.50 per meal is worth giving someone a different life, what about you?</p></blockquote><p></p>
[QUOTE="BrownBrokeDown, post: 1444055, member: 46824"] Said i wasn't going to but here it is anyway. These numbers are approximates as fast food chain/customers per hour/prices are affected by location. Lets assume an average of $8 per meal (a little low probably), $400 per hour average which would be 50 meals (depending on location and chain this is easily doable), and 5 employees to work a $400 hour (depending on chain is easily doable). A $5 per hour per employee increase would amount to 0.50 per meal in that hour. For a family of 4 instead of paying $32 + tax, they would pay $34 + tax. Now the employee making that extra $5 would bring home approximately $175 more per week and $9100 per year based on a 35 hour week. Fast food companies don't like OT for non-mangement. Lets assume about the worst tax bracket taking 25% out of it = $6825 take home more per year. Your talking huge money for someone or a family that was making minimum wage. I personally think an extra 0.50 per meal is worth giving someone a different life, what about you? [/QUOTE]
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