Meet "McCashier" Your $15.00 Per Hour McDonald's Worker Replacement - InvestingChannel

Meet “McCashier” Your $15.00 Per Hour McDonald’s Worker Replacement

Sure. You can make $15 an hour at McDonald’s, at least in Seattle. You just have to perform better than this machine.

But if you are not more cost effective that that machine, then not only do you not make $15, you do not have a job at all.

That machine is the not so distant replacement for cashiers demanding more and more pay.

A Reddit comment says the cashiers at this McDonald’s were replaced by machines.

Comments indicate the store is the company owned McDonald’s Innovation Center at 1253 N Schmidt Rd, Romeoville, IL 60446, United States.

Any readers care to check that out?

Math, Not Counting Benefits

  • For a location open 24 hours: The cost of human cashiers, not counting benefits, $15/hour * 24 hours * 365 days/year = $131,400
  • For a location open 6AM to Midnight:  $15/hour * 18 hours * 365 = $98,550.

For the machine to be cost effective, all it needs to do is cost less than $100,000 a year to buy and maintain.

By the way, it won’t just be McDonald’s that eliminates cashiers. Expect to see machines like that everywhere. Basic cost-accounting math demands that outcome.

Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com

Related posts

Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales

Mish Global Economic Trend Analysis

Sky City: China to Build World’s Tallest Building, 220 Stories, in 90 Days

Mish Global Economic Trend Analysis

It’s No Wonder People Don’t Understand the “Public” Debt

Angry Bear

EU Budget Laugh of the Day “No One Is Discussing Quality”

Mish Global Economic Trend Analysis

Via Barry Ritholtz’s  Big Picture comes this PBS six minute …

Angry Bear

Politics and Specific Policies

Angry Bear