and what about the employee who's struggled to get up to $15/hour only to see minimum wage increase now erase that hard work and effort? do those people - and those on up the salary ladder - also get a bump in pay?
What all these progressives aren't coming out and saying is, What they REALLY want is for businesses to pay more to their employees and fund that through lower margins.
Ron just explained, using specific rates, WHY YOUR STATEMENT IS NOT TRUE. The employer also has to pay (in California) about 45% of the additional wages as government-mandated "benefits" (now my least favorite word in the English language).
So, no, the employer does NOT have to charge an additional price to cover the $10 an hour or more total cost to the employer.
Oh, and news alert, genius. The employees get paid to stand at the counter and pick their butts. That clock NEVER stops ticking, that money NEVER stops going out of the till.
However, the restaurant DOES NOT, AS IN DOES NOT, sell burgers at a constant stream, from 11:00 a.m. to 10:00 p.m. So the amount of money coming in varies significantly, at times reaching zero or close to it. So the restaurant needs to cover the labor and associated costs with the burger sales, at times when the restaurant's burger sales are effectively ZERO.
Meaning, burger prices don't go up to cover the cost on an even basis. The burger cost must go up by more than enough to cover "$10 an hour for each employee" to account for the times where sales are much lower.
Jesus!
If people are standing around because business is slow, THEY GET SENT HOME. It’s not just restaurants that do it either. How don’t you know that?
Jesus!
If people are standing around because business is slow, THEY GET SENT HOME. It’s not just restaurants that do it either. How don’t you know that?
Jesus! Have you ever run a restaurant or other retail business? You can't just keep sending people home and bringing them back in the minute you get slow or busy. It's unpredictable. Sometimes you don't have enough employees, other times you have too many. And try keeping employees without giving them any semblance of scheduling ad income predictability.
You don't set payroll based on how many hamburgers you sell per hour. You set payroll based on your projected overall weekly, monthly, annual sales, keeping payroll at such a percentage that you can hire and retain good people and still make a profit. Payroll is generally the number one expense for a restaurant. It's not like there is a big pile of money the owners are hoarding and just choosing not to pay to their employees. The owners of the restaurant have to make money too, otherwise why on earth would they bother investing in a restaurant? Should they make the same or less than the pimply high school kid who takes orders at the drive through?
Jesus! Have you ever run a restaurant or other retail business? You can't just keep sending people home and bringing them back in the minute you get slow or busy. It's unpredictable. Sometimes you don't have enough employees, other times you have too many. And try keeping employees without giving them any semblance of scheduling ad income predictability.
You don't set payroll based on how many hamburgers you sell per hour. You set payroll based on your projected overall weekly, monthly, annual sales, keeping payroll at such a percentage that you can hire and retain good people and still make a profit. Payroll is generally the number one expense for a restaurant. It's not like there is a big pile of money the owners are hoarding and just choosing not to pay to their employees. The owners of the restaurant have to make money too, otherwise why on earth would they bother investing in a restaurant? Should they make the same or less than the pimply high school kid who takes orders at the drive through?
And only in your little fantasy world can you just change the prices of things and not have it affect how many you sell.
If a restaurant owner is smart they have an idea of their revenue and cost per unit. So, yes, if you primarily sell burgers, you do set a price based on costs. Many restaurants go out of business because they never figure that out.
YES! I worked in three different restaurants all through college. Guess what? In one of the places, we’d even send people home after the lunch rush and have them come back for the dinner rush and they loved it because they didn’t have to sit around being bored not making any tips.
If a restaurant owner is smart they have an idea of their revenue and cost per unit. So, yes, if you primarily sell burgers, you do set a price based on costs. Many restaurants go out of business because they never figure that out.
MY GOD! You have it all figured out!
when is Flog's Bullshit Burgers going to open?
This thread is a good example of people who base their theories on a utopian fantasy land because they have no real world experience and people are based in the real world because they have actually worked and experienced the topics they speak about. The contrast is stark.
what? surely you jest. Flog said he worked in restaurants while attending Boston University. He ranks up there with luminaries as AOC with his intellectual prowess and knowledge of all things economic.
You really are slow.
(1) Employers cannot afford to overstaff, but also cannot afford to understaff. It costs them money.
(2) Do you have some magic 8 ball to predict expected business for any day? If so, share it with restaurant owners.
(3) Send people home? Genius. You are really looking out for the "little guy," aren't you?
(4) Oh, and talk about lose-lose. Guy scheduled for 6 hour shift, business slow at hour 3. Send him home? Guess who gets paid for the full shift? Yeah, the employee.
(Aleman v. AirTouch Cellular (2012) 209 Cal.App.4th 556, 571 [146 Cal.Rptr.3d 849, 858] [the clear language of subdivision 5(A) of Wage Order 4 dictates that when work is scheduled, reporting time is owed when an employee is not furnished with his or her scheduled day's work].)
Stop trying to be an amateur lawyer; you suck at it. Stop trying to be an economist; incredibly, you are even worse at that.
So if a NICU schedules 20 nurses, but they only have a census of 10 babies, they can’t call people off or send them home? Alternatively, they can’t have people on call, they have to be scheduled?
YES! I worked in three different restaurants all through college. Guess what? In one of the places, we’d even send people home after the lunch rush and have them come back for the dinner rush and they loved it because they didn’t have to sit around being bored not making any tips.
If a restaurant owner is smart they have an idea of their revenue and cost per unit. So, yes, if you primarily sell burgers, you do set a price based on costs. Many restaurants go out of business because they never figure that out.
No, his union told him that companies have all kinds of money and there are not other costs.And you have stubbornly ignored the many times it has been pointed out to you that the hourly wage increase to those who make the minimum is NOT the only cost increase you're going to incur. And you stubbornly refuse to acknowledge the basic economic fact that higher prices will result in lower volume of sales. Virtually without fail. So you have to figure that in too.
I ran a 2 million dollar a year retail business. None of this is as simple as you seem to think it is.
Add "How hospitals work" to the list of things you don't have a ******* clue about. (I worked at AGH for ten years.)
AGH doesn’t have a NICU, or a nursery, so what exactly did you do there? Please do clue me in and explain how a hospital works.