McDonald’s has grown to become the largest chain of hamburger fast-food restaurants in the world, but sporadic complaints about low salaries for McDonald’s employees have been common over recent years. In this article, we will take a closer look at McDonald’s pay in New York, and answer the question of how much employees really make.
Average Hourly Wage
In the state of New York, the minimum wage for hourly workers is $15. Currently, McDonald’s employees in the state of New York can earn anywhere from $11 to $16 an hour, on average with some franchised restaurants offering more based on their competition, location, and other factors. Keep in mind that the hourly wage is not the only source of income for McDonald’s employees, as many of them receive a meal discount based on the number of hours they work per week.
With this in mind, the average salary of a McDonald’s employee in New York can range from $22,000 to $35,000 a year, depending on their hourly wage and number of hours worked.
Factors Contributing to McDonald’s Wage Policy
One factor contributing to McDonald’s pay policy is location. In expensive cities or areas where the cost of living is high, fast-food restaurants like McDonald’s often must pay their employees more to ensure they can maintain their quality of living. For instance, in New York, the minimum wage is $15 per hour, compared to some rural areas where it’s still around $7.25 per hour.
Another factor to consider is the competition in the particular area. In some areas where there is a large pool of entry-level jobs, fast-food companies pay a higher hourly rate in order to attract applicants. In New York City, for instance, McDonald’s employees may earn more because there is a lot of competition for entry-level jobs. On the other hand, in areas where entry-level jobs are less prominent, McDonald’s probably pays minimum wage based on the state’s wage policy.
The type of employee can also impact wages. Because McDonald’s is a franchise, wages can vary greatly depending on whether the employee is part-time or full-time, their current position, and their length of service.
Benefits for McDonald’s Employees
Employees of McDonald’s, whether full-time or part-time, can access several benefits, including stock purchase plans, healthcare, flexible schedules, and a 401(k) retirement plan with matching contributions. These benefits can provide significant financial assistance and peace of mind for workers who might otherwise be tempted to quit as soon as something better comes along.
National Movement for a Higher Minimum Wage
There has been a national movement by fast food workers to earn a higher minimum wage, with many workers striking to shift the federal minimum wage to $15 per hour. Additionally, many McDonald’s employee advocacy groups have called for better working conditions and compensation, including paid sick leave.
In conclusion, while McDonald’s in New York pays an average salary of $22,000 to $35,000, the discussion about McDonald’s pay should not be limited to dollar amounts. Instead, it is important to consider factors such as location, competition, and worker benefits to determine whether the company is doing right by its employees. Whether the minimum wage will increase nationwide is not clear, but it is clear that employees are continuing to speak up to ensure a fair wage policy.