Sunday, June 08, 2014

McDonald's CEO Don Thompson supports a minimum wage increase

[SOURCE] One of the largest employers of low-wage workers said that the company will support a minimum wage hike. That is, if the legislation moves forward.

McDonald’s CEO Don Thompson gave the conditional endorsement in a widely overlooked speech last month at Northwestern University, according to a Chicago Tribune report.

“You know, our franchisees look at me when I say this and they start to worry: ‘Don, don’t you say it. Don’t you say we support $10.10,’” Thompson said. “I will tell you we will support legislation that moves forward.”

“McDonald’s will be fine,” he said at the early May speech. “We’ll manage through whatever the additional cost implications are.”

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