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Topic | Why companies cannot survive with minimum wage at $15/hr. |
Printerscape 07/09/17 2:22:45 PM #1: | Let's look at Walmart, in the year 2016: Net income: $13.64 billion Number of employees: 2.3 million If the income goes to $0, Walmart can only afford to give its employees a $2.85/hr raise (at 40 hours a week, 52 weeks a year). McDonald's: Net income: $4.686 billion Number of employees: 375,000 That's $6/hr raise, if the company's income goes to $0. ... Copied to Clipboard! |
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