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To: Flick Lives

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?


49 posted on 08/22/2017 4:32:48 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

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.


91 posted on 08/22/2017 6:14:16 AM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: central_va
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?

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.

101 posted on 08/22/2017 6:44:43 AM PDT by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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To: central_va
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?

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.

125 posted on 08/22/2017 9:41:40 AM PDT by Flick Lives (#CNNblackmail)
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