Posted on 01/31/2019 7:08:03 AM PST by lowbridge
The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.
As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)
New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.
Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.
(Excerpt) Read more at hotair.com ...
The minimum wage is always $0.
Good news for servers??? The ones who get laid off will find out quickly that they will earn a MAXIMUM wage of $0.00
Yeah right! That's why most of them fail and their owners go into bankruptcy, because they are making money hand over fist. I come from a small business background. I worked in a family owned business for 8 years and not only didn't get paid as much as the employees I was supervising, most of the time I didn't get paid at all.
I have to admit after banging my head against the wall for eight years I took the easy way out and got a job as a firefighter working for the government. I then heard all sorts of ignorant a-holes parroting the same nonsense as you for 25 years. It was struggling small business owners who were creating the economic activity that paid our salaries. Try to sell your ignorant socialist crap somewhere else... it is not going to fly here.
As a young guy I worked for several “small” business. A mechanical contractor, a restaurant and a car wash. Every time I’d ask for a raise I’d get a sob story about tight margins ( “I under bid this project just to keep you guys working” blah blah blah ) and slowing business cycle etc. But ironically every year all of them would throw a nice catered summer bbq type get together. All them had nice houses, the kids drove new cars the wives had thick jewelry on. This is my first hand experience. 3 for 3 BS artists all.
I worked for three small business and all of them raked it in.
Why do Collectivists keep stepping on rakes and smacking themselves? Their answer: Wait, so stepping on a rake does that smacky thing? Racist!
Price controls that’s the trick it will fix everything ,LOL
You obviously have never owned a small business.
I own a small computer company that employs five people. After 6 PM when the other employees go home, I’m still here vacuuming the carpets, emptying the trash cans, washing counters; etc. When the dust settles I have a couple of employees that actually make more than I do.
I suggest a class in economics for you - or it’s time for you to leave Mommy’a basement.
what the hell are you talking about? Skilled trade unions are NOT the UAW!! If we dont turn the numbers, we’re replaced elpronto! The numbers you may ask?? In the Tile and Marble trade, your typical 3 walls over a tub to the ceiling, if we dont get 4 done a day, were replaced and we’re sittin at home. tax subsidized my ass... and I’ll be damned if I sit quiet when some Dumb Kid makes $5 less an hour than I did when I was Abused in every way(non penatrating) by Journeyman when I was an Apprentice. Money is EARNED not givin to people who refuse to go through the ropes!
I suggest a class in economics for you
Well, not exactly.....
https://www.youtube.com/watch?v=YlVDGmjz7eM
Ok clam down Hecliff. How long ago did you make $20.00/hour?
Why don't you get to be one and find out?
It’s morally wrong to assist someone in the act of self sabotage.
What do you think?
How does a business cover costs of labor, taxes, inventory, interest, insurance, real estate, etc, if those costs are not factored into the prices of their products?
Until they run out of fingers?
Then you've answered your own question. However, it isn't quite that simple. restaurants in particular operate on very narrow margins, and a shift in the labor rate of the low end employees (and waiting tables is NOT a skilled profession) can easily shift the whole cost structure from profitable to unprofitable. Prior to the distortions caused by a government mandated minimum wage low end employees were getting what the market determined was a fair rate for their unskilled services based on their productivity. A minimum wage boost increases the cost to the business, but does not increase the value of the employee. Therefore the business has to make up the additional cost and the only way they can do that is charge more for their product.
Uh, like, duuuuuuh!
There should be no tipping, period. If you don’t do your job, then you get fired by the boss. Until customers get paid for job evaluations and the power to hire and fire, then it isn’t their responsibility to provide the paychecks and be the boss.
$15 is good pay for a low skill job.
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