- Dec 28, 2017
It's not a 1 to 1 ratio though. While it's cool that they make that much money. The cost of living in Denmark is also about 24% higher than the U.S.It's funny that you mention McDonalds because McDonalds employees in Denmark make more than $20 an hour and a Big Mac in Denmark only costs $0.27 more, yet somehow McDonalds in Denmark is obviously still profitable otherwise they wouldn't have any franchises there.
I mean, you can do all the math you want based on incorrect assumptions of how these franchises are run, based in questionably correct data of how much an average McDonalds or Subway makes. We can all make up some numbers to prove or disprove our own biases, but here's a proven real world example that you can totally just pay fast food workers more with only a minimal price increase to the food and the business would still be profitable.
Also, they get 6 weeks paid vacation every year.
The fight over a minimum wage is often centered around McDonald's.www.snopes.com
Average prices of more than 40 products and services in Denmark. Prices of restaurants, food, transportation, utilities and housing are included.
Though is is slightly offset by rent being 18% cheaper.
Also it should be noted that your article even states that most Mcdonalds employees are part-time so it levels out the wage expenses when stacked.
Interesting read, but not as cut and dry as you might think.