Let’s see. $950 minus labor. So let’s raise her pay 50% to $15.00/hr. Labor goes from %76.00 to $114.00. So now labor is 114/950 or 12%. A 4% increase. So Popeyes increase prices 4% and that is a catastrophe to you people?
Let’s do some math.
Avg of 6 people working.
Open 10:30am - 10 pm.
That’s 11-1/2 hours.
Plus open and close, about another 1-1/2 hours.
That’s 13 hours x 6 people = 78 man hours a day
78 hours x an extra $5 an hour = $390
add 7.65% for FICA taxes = $30
add about another 20% for unemployment= $78
That’s $500 a day.
$500 x 364 days a year= $182,000
Popeyes averages $1,053,000 in sales per store a year.
Yeah, 4% for one person. How many other people work there? I'd say at least 15 total to cover various shifts/days. Now re-run those numbers.
You forgot to factor in the increase in Social Security deductions paid for by the company, which is based on gross wages. And she's not the only person, I presume, who would get this increase to $15 / hour; all the employees would.