McDonald's CEO Says Getting People Back to Work Is Hard

The transcript discusses the challenges McDonald's faces in getting employees to return to work, particularly in the US, where factors like stimulus support and health concerns play a role. It highlights the pressure on wages and the creative strategies employed to attract workers, such as offering incentives for interviews. The discussion also covers the company's stance on minimum wage, noting that McDonald's pays above the federal minimum and that market dynamics influence wage levels. The company is open to federal wage legislation but focuses on business success.

What are some reasons mentioned for the difficulty in getting people back to work at McDonald's in the US?

• Lack of job openings

• Health concerns and compensation issues

• Overstaffing in restaurants

• High competition from other industries

What creative incentives are McDonald's franchisees using to attract job applicants?

• Giving extra vacation days

• Paying for interviews and offering free iPhones

• Providing transportation

• Offering free meals

What is the starting wage announced by McDonald's for its company-owned restaurants?

• $11.00

• $15.00

• $10.00

• $7.25

How does McDonald's view the issue of whether wage adjustments should be market-driven or legislated?

• They have no opinion on the matter

• They support only legislated wage adjustments

• They strongly oppose any legislation

• They prefer market-driven adjustments but do not oppose legislation

What is the approximate average wage paid by McDonald's franchisees according to the transcript?

• $11.00

• $15.00

• $10.00

• $7.25