Ok. Looks like you’re using gross profit while I’m using net profit. And I’m not including franchises like McDonalds or Wendys because most of the profits are from franchise fees and the raw products that their franchisees have to buy at a markup. They also don’t have employees that rely on tips and their portions tend to be smaller than a meal at, say, a Denny’s which does use employees that rely on tips.
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Yet, they shouldn’t raise their menu prices because they should have enough money to cover additional wages? With a 5% profit margin? By your reckoning every restaurant in America should be out of business. Yet, you also want our restaurants to follow the European model which serve smaller portions at higher prices. I’ve said this before and I will say it again. The ills of the US corporations can be laid at the feet of the consumer. CEOs get extremely large salaries and bonuses because they’re the scapegoat. Consumers were satisfied with one person taking the blame for a systemic problem that would most likely continue after the poor bastard was fired, but hey at least the company heard you. Small wages for employees? Consumers won’t shop here unless we offer what they want for the cheapest price. Even when certain restaurants offered more transparency for why it costs more consumers complain about having to pay for such things as employee healthcare.
Fifty seven million over 22 years is pretty tame. Especially considering that the National Restaurant Association has forty thousand members. It would have only taken about seventy dollars a year per member to get to that total.
You make it sound like they’re pocketing millions a week, when the typical profit margins for restaurants are less than 5% and max out at 10%.
It always amazes me how business owners are portrayed as greedy monsters instead of the pants pissing cowards they most likely are. If you need to raise the prices of your products to give your employees good wages, do it. And customers need to understand that better paid employees means higher prices.
darkseer@lemmy.worldOPto
Antiwork@lemmy.ml•Set in Stone with a Guard to Stab Violators
181·2 years agoTruck drivers hours are federally regulated. We can’t be on duty for more than 70 hours in an 8 day period. We also can’t drive more than 11 hours a day and are required to wait ten hours before we can start driving again. To reset our weekly hours we are required to wait 34 hours before we can go on duty, though we do get hours back if we manage our hours well enough for them to rollback on the ninth day.
Police officers have the highest suicide rate after Doctors and Dentists. Not sure if it’s because of poor stress management or being constantly in contact with some of the shittiest people to live.
darkseer@lemmy.worldto
Work Reform@lemmy.world•Got tipping rage? This barista reveals what it's like to be behind the tip screenEnglish
22·2 years agoTry greater than 40%. A tip is for service provided directly to you. If the employer increases the servers wages by 20% then that’s every hour they work and there may not be any customers for some of the servers shift.
darkseer@lemmy.worldto
Work Reform@lemmy.world•Got tipping rage? This barista reveals what it's like to be behind the tip screenEnglish
14·2 years agoThat’s not true. I’ve heard accounts of early servers who only made money off of tips and were expected to pay the restaurant a portion of their tips for the privilege of serving there. In fact the only way to get service was to tip them beforehand and how much you tipped determined the level of service you received. This tip for good service is just a myth that is an excuse to avoid tipping.
darkseer@lemmy.worldto
Work Reform@lemmy.world•Got tipping rage? This barista reveals what it's like to be behind the tip screenEnglish
3·2 years agoThey’re called tips because tips have certain legal protections, while fees are up to the discretion of the business to give to their employees. Trust me. That delivery fee that you pay Papa Johns goes toward liability insurance, software fees, and other incidentals. None of it goes to the driver. And always pre tip more than 5 dollars if you don’t want to be the last delivery of 3.
darkseer@lemmy.worldto
Work Reform@lemmy.world•Got tipping rage? This barista reveals what it's like to be behind the tip screenEnglish
24·2 years agoAs someone who used to live on tips that’s short sighted. The customer will always get the short end of the stick in this type of fight. If everyone refuses to give the employee 20% of the ticket then the business will charge the customer 40% of the ticket and give the employee 15%.
Fascism has little to do with ideology. It’s a refusal to allow any views other than your own to be voiced in your presence.
darkseer@lemmy.worldto
Memes@lemmy.ml•Shout out to the oil, meat, and shipping industries
3·2 years agoAccording to the USDA, again, the majority of food waste is at the household level.
darkseer@lemmy.worldto
Memes@lemmy.ml•Shout out to the oil, meat, and shipping industries
152·2 years agoBut we are. According to the USDA, food waste makes up 22% of the food industries 26% CO2 emissions. And don’t forget the diseases food waste produces.
darkseer@lemmy.worldto
Showerthoughts@lemmy.world•I feel sorry for men who have to wear pants
2·2 years agoThe only pants I really object to are jeans. They’re hot and sticky in the summer and cold and stiff in the winter. Slacks are the way to go.
Just wish they made cargo slacks.
darkseer@lemmy.worldto
196@lemmy.blahaj.zone•actual causes of global warming ruleEnglish
1·2 years agoDecided to do some research after your questions. Turns out the word was used/coined by the French as a derogatory word for money lenders was co opted by the British later as a derogatory word for anyone involved in manufacturing and other base enterprises. And then some economists in the 80s and 90s tried to redefine it and even wrote that dedinition into some Social Studies and Economy textbooks that I remember reading throughout my life in school.
darkseer@lemmy.worldto
196@lemmy.blahaj.zone•actual causes of global warming ruleEnglish
1·2 years agoIt’s strange, but I distinctly remember three different school books giving that exact definition. Yet, when I looked up the etymology for the word it said that it started out as a disparaging French word for money lender and was picked up by the British to describe anyone who made money in enterprise.
Let the person who has never improperly disposed of their batteries throw the first stone.
darkseer@lemmy.worldto
196@lemmy.blahaj.zone•actual causes of global warming ruleEnglish
1·2 years agoThe original definition of capitalism used to be an economy where 90% of businesses and property are privately owned. And while I admit that the meaning of words tend to change over time I think that the meaning of capitalism was deliberately changed so that the Soviet Union doesn’t sound as insane as it was to future generations. L
I did pull up the link and it only showed the profits from a single corporation that owns Burger King and Popeyes. Brinker who owns Chili’s and Maggianos has a net profit of 2.48%, Denny’s has a net profit of 8.25%, Dine Brands which owns Applebee’s and IHOP has a net profit of 9.03%. And these are established restaurants that have been around a long time.