by Christopher Freeburn | August 21, 2013 3:50 pm
A campaign to raise wages for low-paid fast-food restaurant workers is calling for a nationwide labor action next week.
Scheduled to coincide with the 50th anniversary of Dr. Martin Luther King’s March of Washington for Jobs and Freedom, labor activists across the U.S. are planning to organize walkouts at popular fast-food outlets across the country, Restaurant News notes.
The strikes will target big name chains including McDonald’s (MCD), Wendy’s (WEN), Burger King (BKW), Domino’s (DPZ) and Yum! Brands (YUM) KFC and Taco Bell. Strike organizers would like to boost pay from a media wage of $8.94 an hour to $15 an hour. They are also calling on the industry to allow fast-food workers to organize into unions.
An industry expert said that demands for a $15 a hour wage were impractical given the narrow profit margins generated by most fast-food franchises.
Fast-food operators note that employees often advance from low paid positions to management, with some moving on to become franchise owners themselves.
Source URL: http://investorplace.com/2013/08/nationwide-fast-food-walkout-planned-for-aug-29/
Short URL: http://investorplace.com/?p=390944
Copyright ©2013 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.