Two mega corporations–McDonalds and Visa–have partnered up to tell workers at the fast-food restaurant how to successfully budget on the meager wages they are paid. The suggestions, though, have little bearing in reality, as Think Progress’ Annie-Rose Strasser notes.
“You can have almost anything you want as long as you plan ahead and save for it,” McDonalds soothingly assures their employees.
But workers at McDonalds make an average of $8.25 an hour. The suggested budget, published by the company on a website, leaves room open for a second job. And it also says that employees could spend $20 a month for health care, which is an extremely low estimate; $0 for heating; and $600 for rent, another low-ball estimate, particularly for those who live in expensive cities.
To add insult to injury, the budget is directed at employees who would need to work a million hours to earn as much as the CEO of McDonalds, as Think Progress states.
In a statement to Think Progress, McDonalds defended their website. “The samples that are on this site are generic examples and are intended to help provide a general outline of what an individual budget may look like,” the company said.
Republished with permission from: AlterNet