Posted on 04/11/2016 8:07:57 AM PDT by SeekAndFind
Seeing the taxes taken out of her paychecks, she is becoming a Trump supporter.
My “come to the right side” moment (okay I was already mostly there as a Reaganite) was as a small business owner in the mid-90s. I paid employees $6.00 per hour with absolutely no benefits and as an employer, it cost me $10.
I’m pretty darn thankful now with a $20 per hour job + 70%employer-paid insurance + employer-contributed 401K + employer-paid life insurance!
When the cost of the food goes up, it goes up everywhere, including in the grocery store, so the cost of a hamburger made at my house also goes up.
When the cost of labor goes up, the cost of my hamburger fixed at home doesn’t change much, given that grocery stores can spread the costs over more products.
When the cost of a fast-food burger (or any restaurant food) rises because of labor costs, I’m more likely to stay home.
Just my 2 cents, or maybe 3 now with wage inflation :)
Love,
O2
IDK. go to a fast food joint today, and compare the # of emploeees to the same # from a couple of years ago.
You can get the same amount of work from 5 employees today as you could from 8 or 10 back then.
( 8 employees@ 7.00/ hr= 56.00/hr labor cost)
(5 employees@ 7.00= 35.00/hr labor cost.)
1/4 lb beef patty=.50 then
1/4 lb beef patty= 1.00 now
You retain profitability by making up the difference by reducing costs somewere.
hrs worked are down, and corperate wants them lower every month.
you have to cut somewere, or raise prices very near to a point where the customer is unwilling to pay.
I ate many a meal at the “Engineer’s Club.”
Loved their mac & cheese.
I have E-techs in my heavily automated business. Hard to find and very well compensated.
Yeah, I had an "interesting" experience several years ago when my car ran out of gas on 80/94 in Gary, and I had to walk to a gas station at the Burr Street exit. At night. When I made it to my friends' house in Highland, his buddies were surprised I lived to tell the story.
At 56 I no longer yearn for such life "experiences."
That’s where it was, WaWa.
WC surely buys beef in a different manner than we do, though. For one thing, they almost certainly sign long term contracts with a beef supplier.
The fact you DID live to tell the story is a story in itself... Gary... ugh...
Yeah, but I’m still sitting at Jack-in-the-Box having just consumed two Breakfast Jacks, medium fry and drink for $5.83. Get it most days and my lipids are still under control with simvastatin and fish oil.
Agree that if one orders impulsively or indifferently to value your prices are about right. I haven’t been to Ivar’s for years but imagine their prices are at the top end of the range you gave.
I was thinking that British Columbia had White Castle but no, that’s White Spot.
When an adjective precedes "justice," one thing is certain; its no longer justice.
5 employees are doing what 8 used to? No wonder the SEIU is gaining traction and it is our own fault.
Time to move out of New York. No more business taxes coming in. Hit them where it hurts.
It is down to about 4 now.
The last line I worked on started with 4 cooks, 1 gard manger, 1 prep, and 1 manager.
finished with 2 cooks, 1 “garmo”, 1 prep/ manager.
they had “garmo” on reduced hrs, and one cook had to fill in.
lunch rush was a chineese fire drill.
Total Charlie Foxtrot.
That is Manager who does prep as well. total of 4 employees
on line.
I worked with PLC’s, HMI’s and robotic delivery/retrieve systems. I parted ways with my former company almost 3 years ago. To the best of my knowledge, they still haven’t filled the position.
Why would any of those expenses go up if the pay rate of the hourly workers goes up?
All fast food stores will be automated within 10 years in all of these high minimum wage states. The workers will all soon be priced out of a job.
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