The global restaurant chain said it plans to hire as many as 50,000 new U.S. employees -- ranging from restaurant crew to managers -- on April 19. The move would increase the hamburger company's U.S. workforce by 7.7 percent to 700,000, but such hiring is typical in the lead up to the busy summer months.
"Our total hires are similar to past years, but the goal of hiring 50,000 people in one day across the U.S. is unique," McDonald's spokeswoman Ashlee Yingling told Reuters.
The April hiring event is preparation for the busy summer months. "But these are not just seasonal jobs. It's a mix of permanent and temporary jobs," Yingling said.
She added that McDonald's hourly employees typically make more than minimum wage, often more than $8 per hour.
Hmm, $8 an hour. For a temporary, part-time summer job. Hey, wait a minute...
Janney Capital Markets analyst Mark Kalinowski told Reuters that the announcement "certainly seems like a way to attract some favorable publicity around something it was more or less going to do anyway."
McDonald's said it and its franchisees would be spending an extra $518 million on wages and salaries for the 50,000 new workers it plans to hire.
Little math here says if all those 50,000 jobs were full-time, that would be $10 grand a year and about $5 an hour...less than minimum wage.
In other words, the vast majority of these jobs are part-time summer gigs, which McDonald's would normally hire anyway...and fire in September. The full-time jobs? Turnover.
PS, Some 25,000 Toyota plant workers here in the US are about to get laid off for an "unspecified amount of time" due to parts shortages and inventory problems due to the Sendai earthquake. No fear, the Golden Arches are hiring at $8 an hour. I'm sure that will be comparable to what they were making at Toyota.
Right?
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