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Doubling McDonald's salaries would increase Big Mac 68 cents

McDonald's can afford to pay its workers a living wage without sacrificing any of its low menu prices, according to a new study provided to The Huffington Post by a University of Kansas student.

Doubling the salaries and benefits of all McDonald's employees -- from workers earning the federal minimum wage of $7.25 per hour to CEO Donald Thompson, whose 2012 compensation totaled $8.75 million -- would cause the price of a Big Mac to increase just 68 cents, from $3.99 to $4.67, Arnobio Morelix told HuffPost. In addition, every item on the Dollar Menu would go up by 17 cents.

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Added: Jul-30-2013 Occurred On: Jul-30-2013
By: plokiju
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Tags: Doubling, McDonald's, salaries, would, increase, Big, Mac, 68 cents
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