Mish's Global Economic Trend Analysis: Meet "McCashier" Your $15.00 Per Hour McDonald's Worker Replacement

Mish's Global Economic Trend Analysis: Meet "McCashier" Your $15.00 Per Hour McDonald's Worker Replacement: "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"



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