Posted on 05/21/2016 6:51:49 PM PDT by MarvinStinson
Beware the $15 minimum wage for menial labor — it’ll eventually come back to bite you in the hindquarters.
As wages for fast-food workers continue to spiral upwards, hamburger chain Wendy’s is fast-replacing human workers with automation.
The company announced this week that by the second half of the year, ordering will be available through the use of self-service kiosks throughout its entire 6,000 locations, according to Investors Business Daily.
It will be up to each franchisee whether to use the new technology or to stick with the old system. Wendy’s President Todd Penegor observed that some locations have already raised their prices to meet increased labor costs.
IBD reported:
“It’s not surprising that some franchisees might face more of a labor-cost squeeze than company restaurants. All 258 Wendy’s restaurants in California, where the minimum wage rose to $10 an hour this year and will gradually rise to $15, are franchise-operated. Likewise, about 75% of 200-plus restaurants in New York are run by franchisees. New York’s fast-food industry wage rose to $10.50 in New York City and $9.75 in the rest of the state at the start of 2016, also on the way to $15.”
In order to curry favor with voters, politicians from both sides of the aisle have called for raising the minimum wage.
Sen. Bernie Sanders favors a $15 minimum wage — as a starting point. Democratic frontrunner Hillary Clinton has, at various times, suggested raising it to $10 an hour and on other occasions higher.
Even presumptive Republican presidential nominee Donald Trump said he’s open to the notion of raising the wage.
Oh wow, that could be a whole new marketing opportunity. Wendy or McDonalds or whatever, by instructions by wire! However that would be tantamount to revealing the recipe so I kind of doubt it would happen.
Automation is actually HOW you can pay $15 or even $20 an hour. E.g. you can pay ONE backhoe or bulldozer operator very high wages to do a job you could not do with minimum wage workers, or even slaves. Automation played a major role in ending slavery.
+100
Government has no business in business.
We should have an amendment to the Constitution requiring anyone in public office to have completed economics course.>>> like at harvard or yale. “back to School” type classes. na make em start a company that makes something and has a payroll. entrance exam.
One day, the only jobs for humans will be building and programming robotics...Then we’ll build robots who can build and program robots...Then humans will be out of work...The robots will eliminate humans...We will become obsolete...>>> then arnold will show up
You bet Lose.
I’m a fast food junkie ,I’m gonna Starve!
Yeah...We’ll just be a movie....:o))
Obamacare results in kids pulling their hair out trying to work two part-time jobs.
JC Penneys caters to a discrete, miniscule part of the public, their sales tank.
Colorado passes restrictive gun laws, Magpul moves.
Target invites freaks to its store, and shares and customers plummet.
“There’s somethin’ happenin’ here, what it is ain’t exactly clear.” Larry Liberal
We're in this mess because of all these graduates of "Economics Courses". Whose school of economic thought?
Adam Smith?
Milton Friedman?
Thomas Sowell
Karl Marx?
Professor Bernie Sanders?
"Those that can, do. Those than can't, teach. Those who don't have a clue run for Congress."
Right. Hopefully they have more sense than to try and reinvent the wheel. Go with someone who has a functioning system with a demonstrated track record.
The only business it has in business is providing equality under the law — unfortunately, that's pretty much a dead concept as it stands in our judicial system, sure they give it lip service, but could it be anything else when there's so much money in politics buying and selling politicians so that the businesses may decide via those proxies what may be bought and sold?
The genuflecting of the Judiciary (and the legislative) for ObamaCare, which has multiple issues that invalidate its legitimacy, is proof that the government sees itself as not merely a regulator (as in making things regular), but in absolute control; this is what ObamaCare and Too Big to Fail
really means.
That’s actually what many chains do with their point-of-sale/ordering/cash register systems - they’re outsourced to a vendor who comes out to install and maintain them.
That, sir, is a full-on lie.
One of the few repeatedly confirmed findings in the entire dismal science of economics is that artificially forcing by law a raise in the minimum wage when businesses are not financially flush enough to afford them will lead to a loss of jobs - if only ‘rats who love to prattle about their great respect for science would learn that fact.....
figure three order takes per shift times two shifts times 6000 = 36000 possibly cut lose... guess they'll have fun on their funemployment
Great ideas! Do what you’re best at and outsource the support functions, whether it be plumbing, HR or point-of-sale/ordering/cash register systems.
What’s the matter? You scared?
Now stand back. I gotta practice my stabbing.
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