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Fast-food restaurants hungry for workers [Econ 101 - NOLA Burger King offers $6,000 signing bonus]
nola.com ^ | Keith Darc

Posted on 10/10/2005 9:42:52 AM PDT by grundle

Fast-food restaurants hungry for workers

One store offering $6,000 'signing bonus'

By Keith Darc - Business writer

A cutthroat, post-hurricane labor market has sent wages skyrocketing in the fast-food industry and prompted some of the New Orleans region's biggest chains to offer workers thousands of dollars in signing bonuses, perks typically associated with higher-paying white-collar jobs.

Burger King recruiters have been visiting federal disaster recovery centers and newly reopened high schools offering a $6,000 bonus, paid in monthly installments, to anyone promising to work full-time at a metropolitan New Orleans restaurant for at least a year. New part-time workers are being offered $3,000 bonuses.

Popeyes Chicken & Biscuits has increased hourly pay for cashiers and cooks from just over the federal minimum wage of $5.15 to more than $8, a jump of more than 50 percent.

(Excerpt) Read more at nola.com ...


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: burgerking; helpwanted

1 posted on 10/10/2005 9:42:57 AM PDT by grundle
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To: grundle

Funny, Ive been considering abandoning my career choice as an RN. Ive even been practicing saying "would you like fries with that" ..Im gettin' good at it too! ;o)

MM


2 posted on 10/10/2005 9:45:22 AM PDT by motormouth (Good Grief!)
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To: grundle

Hey, with this signup bonus that will kick your yearly salary up to almost $17K a year! Woo Hoo! "Yea, we're movin' on up ..."!


3 posted on 10/10/2005 9:46:02 AM PDT by manwiththehands
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To: grundle
Fast-food restaurants hungry for workers

"Dude, I'm gonna need my own dressing room, my own aesthetician, and, like, catered lunches."

4 posted on 10/10/2005 9:47:46 AM PDT by martin_fierro (< |:)~)
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To: grundle
I prefer Burger King over Mc Donalds anyday. My Fav is Whataburger tho..followed by Wendies.


5 posted on 10/10/2005 9:48:12 AM PDT by Dallas59 (“You love life, while we love death.” - Al-Qaeda / Democratic Party)
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To: grundle
One store offering $6,000 'signing bonus'

Do they get fries with that?

6 posted on 10/10/2005 9:49:48 AM PDT by md2576 (Don't be such a Shehan Hugger!)
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To: grundle

Is that $6,000 net of a grossed-up bonus or are they looking at net of $4,500 or less? LOL


7 posted on 10/10/2005 9:50:13 AM PDT by Ladysmith ((NRA and SAS) 2005 WI PPA/CCW Ping List ~Contact me if you want on/off the ping list~)
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To: Darth Reagan

ping


8 posted on 10/10/2005 9:51:33 AM PDT by marblehead17 (I love it when a plan comes together.)
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To: grundle

Do they get to keep their welfare checks too??


9 posted on 10/10/2005 9:54:52 AM PDT by cynicom
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To: grundle

This article bring up an interesting point. With all the money pouring into NO, I imagine its going to experience some degree of localized inflation.


10 posted on 10/10/2005 9:55:41 AM PDT by Pessimist
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To: Ladysmith
Is that $6,000 net of a grossed-up bonus or are they looking at net of $4,500 or less? LOL

Even with the bonus many of these people will probably qualify for the Earned Income Tax Credit (EITC) so after the Feds get done giving them a tax refund for taxes that were never withheld from their check, the net effect of a $6000 bonus will probably be netted UPWARDS to $7000.

I keep reading about illegal immigrants flooding into New Orleans for cleanup jobs and getting paid $15 to $20 an hour and labor still being in short supply. And I am reading about fast food restaurants that can't find labor.

Given the huge labor demand, I am going to take a dim view of the government bailing out people from New Orleans who are whining about being unemployed.

11 posted on 10/10/2005 9:57:29 AM PDT by jackbenimble (Import the third world, become the third world)
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To: grundle

Does this qualify as gouging, then?


12 posted on 10/10/2005 10:21:54 AM PDT by Slainte
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To: grundle

"$6,000 bonus, paid in monthly installments"

LOL. So instead of minimum wage, they're offering a little over eight bucks an hour. Nice way to paint it as a signing bonus when they won't receive it when they sign up.


13 posted on 10/10/2005 10:22:27 AM PDT by kenth (There were only a few thousand hippies marching, but it smelled like half a million.)
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To: motormouth

Yeah but will you swap that cute little nurse hat for the clown hat you will have to wear?


14 posted on 10/10/2005 10:36:49 AM PDT by fish hawk (I am only one, but I am not the only one.)
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To: Dallas59

Blakes!

http://www.lotaburger.com/

It's a New Mexico thing.


15 posted on 10/10/2005 10:44:24 AM PDT by Disambiguator (Making accusations of racism is the last refuge of a scoundrel.)
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To: Slainte

Yes, it is price gouging. And price gouging is a good thing, because it communiucates information about supply and demand, and encourages efficient use of resources.


16 posted on 10/10/2005 10:47:54 AM PDT by grundle
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To: jackbenimble

Except NOLA evacuees need to house their families, not just themselves. Plus they aren't going to be hired by a company that puts 12 or more workers in a motel room or a tent or a back of a truck to sleep. Mexican workers will do that and keep quiet, but no one will take a chance on hiring a NOLA worker under those conditions, whether the NOLA worker would accept it or not.


17 posted on 10/10/2005 11:05:58 AM PDT by Kirkwood
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To: fish hawk


Yeah, youre right, I cant give up my cap! LOL

MM


18 posted on 10/10/2005 11:08:33 AM PDT by motormouth (Good Grief!)
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To: Pessimist

Price gouging teens drive up hamburger prices in aftermath of tragedy. Senator Foghorn promises hearings. Teen labor cabal must be regulated!


19 posted on 10/10/2005 11:10:38 AM PDT by dblshot
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To: grundle
I just wanted to be sure. Now I'll have to block out some time to watch the congressional hearings regarding labor gouging on C-SPAN.

I can't wait to see Charles Schumer speaking out with passion and righteous indignation as he grills these unscrupulous employees who are holding their employers hostage by refusing to work for what would have been an ordinary wage pre-Katrina. If not for Katrina, they wouldn't be able to charge these exhorbinate prices for their labor.

Hmmm, I wonder why I can't find a listing for those hearings in the TV Guide...
20 posted on 10/10/2005 12:36:43 PM PDT by Slainte
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