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The news has not been kind to the fast food industry over the past few years. From labor strikes to claims of wage theft, companies like McDonald's and Burger King have taken increasing criticism for treatment of workers and their low wage jobs. Now a new report from New York-based think tank Demos has added fuel to the fire.
In response to yesterday’s Supreme Court ruling, which upheld a Michigan state law banning the consideration of race or ethnicity as a factor among state college admissions, Demos President Heather McGhee issued the following statement:
The country should be recommitting to diversity and inclusion, not retreating.
Fast-food restaurants are serving up plenty of food for discussion in the debate over income inequality.
Fast-food chief executives take home $1,000 for every $1 dollar earned by their average workers, making it the most unequal sector within the U.S. economy, according to a new report from public policy group Demos.
The recent op-ed from NAACP LDF president Sherrilyn Ifill on the recent McCutcheon ruling is a must read. In it, she implores us to focus in on the “devastating aspect” of Chief Justice John Roberts's majority opinion ruling as summarized in his opening sentences:
"There is no right more basic in our democracy than the right to participate in electing our political leaders.
Shantel Walker has been working on and off for Papa John’s pizza since she was in high school. The 32-year-old New York City resident says that over her 15 years at a Brooklyn outlet of the Louisville, Ky.-based pizza chain, she’s received only two raises that weren’t mandated by federal or state minimum wage hikes. Today she makes $8.50 an hour, 50 cents above the New York State minimum wage, but her employer doesn’t currently use her more than 24 hours a week.
(New York, NY) – Today, national public policy organization Demos will release a new report examining the latest CEO-to-worker compensation ratios of the largest publicly traded fast food companies and shows that the fast-food industry has the greatest pay disparity in our economy, with ratios exceeding 1,000-to-1.
(New York, NY) – As shareholders prepare for annual meetings, Demos released a new study today that finds that the fast-food industry has the greatest CEO-to-worker pay disparity in our economy, with ratios exceeding 1,000-to-1. The study finds that the growing disparity within fast-food threatens economic growth and shareholder investment.