Thursday, January 12, 2017

The End of Minimum Wage Jobs

I'm at one of my favorite McDonald's and have just used its new self-order kiosk. This service isn't new, I always use the self-checkout line at any retail store that has one and I've used self-order kiosks at other chain stores (e.g. Panera Bread). However, as McDonald's is most likely one of the best known and largest chains in the US (if not the world), this does not bode well for minimum wage jobs. With the constant calls for raising the minimum wage to over $15/hour (as some states have done), is it any wonder that companies and franchisees are looking for cost saving measures.

While there may be an initial rise in employment--e.g. consultants to train personnel and employees to help customers use the machines--eventually people will not need the help and fewer workers will be needed, thus the end of minimum wage jobs.

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