Monday, July 14, 2014

Restaurant CEOs Make More Money in Half a Day Than Their Employees Make in a Year

Last year, according to a new analysis from the Economic Policy Institute (EPI), the CEOs of America's top 25 restaurant corporations, including McDonald's, Burger King, the Cheesecake Factory, Chipotle, and Jack in the Box, took home an average of 721 times the money minimum wage workers did, and 194 times the take-home of the typical American worker in a production or non-supervisory job. Restaurants and food services employ nearly half of all American workers who earn the federal minimum wage of $7.25 per hour (or less). The report "confirms what we have long known," Cherri Delesline, a McDonald's crew member and mother of four in Charleston, South Carolina, told
 Mother Jones.

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