McDonalds tells employees to budget better

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McDonalds has teamed up with Visa to advise restaurant employees on how to lead a good life on a McDonalds wage.

mcdonalds.employeesSome of the things the employees would have to do are (1) hold two jobs, (2) pay nothing for heat or air conditioning and (3) get health insurance for $20 a month.

What were McDonalds’ executives thinking?  Did they actually think their advice was realistic?  Or was this an ill-conceived public relations ploy and, if so, who was it aimed at?

Click on Practical Money Skills Budget for the McDonalds-Visa financial planning web page.

Click on McDonalds Tells Workers to Toil 70 Hours a Week, Use Ripoff Payroll Cards as Part of “Financial Literacy” for Yves Smith’s detailed breakdown and analysis on naked capitalism.

Click on A Model World for Jim Henley’s briefer breakdown and analysis on Unqualified Offerings.

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Of all the preposterous assumptions of humanity over humanity, nothing exceeds most of the criticisms made on the habits of the poor by the well-housed, well-warmed and well-fed.
    ==Herman Melville (1819-1892)

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[Update 7/19/13]  Click on Minimum wage workers teach economics to the economists for what it means to live on minimum wages.

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2 Responses to “McDonalds tells employees to budget better”

  1. EthnicConflict Says:

    http://forcechange.com/9249/say-no-to-water-privatization-stop-nestle-from-taking-over-the-columbia-river-gorge/

    Corporations really cannot be trusted to understand modern ethics.

    Like

  2. Atticus Says:

    That budget is a slap in the face if I’ve ever saw one. If McDonalds wasn’t serious it would be laughable. Instead its just sad that a group of executives can be THAT out of touch.

    Like

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