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Started By
Message
re: Waffle House workers are the latest group to strike, requesting $25 per hour
Posted on 10/3/23 at 4:55 pm to EarlyCuyler3
Posted on 10/3/23 at 4:55 pm to EarlyCuyler3
Walk us through the numbers.
Reduce dividend of a chain like McDonald’s by a percentage you deem appropriate. Calculate the per hour benefit to all employees. Will not be easy with franchises but will be interesting.
I did something similar with the CEO of Cigna and cut his pay to zero. Then calculated the savings per insured. It was minuscule.
Reduce dividend of a chain like McDonald’s by a percentage you deem appropriate. Calculate the per hour benefit to all employees. Will not be easy with franchises but will be interesting.
I did something similar with the CEO of Cigna and cut his pay to zero. Then calculated the savings per insured. It was minuscule.
1
Posted on 10/3/23 at 4:55 pm to EarlyCuyler3
quote:
You've done it now. Suggesting that companies might should settle for slightly lower profits
How many businesses have you owned?
Posted on 10/3/23 at 4:56 pm to roadGator
quote:
I did something similar with the CEO of Cigna and cut his pay to zero. Then calculated the savings per insured. It was minuscule.
Just like the CEO of GM. It made basically no difference.
Posted on 10/3/23 at 5:21 pm to RogerTheShrubber
quote:
How many businesses have you owned?
How many boats have you unloaded today?
Posted on 10/3/23 at 5:27 pm to RogerTheShrubber
Yall are talking to a guy who hasn't owned shite. He said he was a financial frickup for 18 years
Might as well be talking to oweo
Might as well be talking to oweo
Posted on 10/3/23 at 5:32 pm to RogerTheShrubber
quote:
do know for a fact that overpaying for labor will put you at a competitive disadvantage in industries with such small margins.
Is your Save-a-lot not doing too well?
Posted on 10/3/23 at 5:34 pm to TDTOM
Yep. Saved $0.40 per member
Posted on 10/3/23 at 5:35 pm to JackieDaytona
Ours went out of business.
Posted on 10/3/23 at 5:36 pm to RogerTheShrubber
stop feeding the troll. he’ll go away or flip out again and get banned. don’t reply to him.
Posted on 10/3/23 at 6:01 pm to NC_Tigah
quote:
That's $37.5K/yr and a bit high for most of the US
You serious Clark?
Do know how much apartments and cars are now?
Posted on 10/3/23 at 6:06 pm to TDTOM
quote:
Just like the CEO of GM. It made basically no difference.
Because that is not where the $24 billion in profit is going.
Posted on 10/3/23 at 6:07 pm to JackieDaytona
quote:Yeah. Serious. Short order cooks make ~$16-$17/hr on average.
You serious Clark?
Posted on 10/3/23 at 6:09 pm to EarlyCuyler3
quote:
Walk us through the numbers. Reduce dividend of a chain like McDonald’s by a percentage you deem appropriate. Calculate the per hour benefit to all employees. Will not be easy with franchises but will be interesting.
I thought this was a fair thing to ask for from someone who’s as smart as you.
Posted on 10/3/23 at 6:36 pm to RogerTheShrubber
quote:
How many businesses have you owned?
Is that how you measure a businessman's success? By the number of businesses they've owned?
Interesting.
I would have expected some other metric.
Posted on 10/4/23 at 12:37 am to JackieDaytona
quote:
Most of these fast food chain could pay more in wages by cutting dividens.
They absolutely could, fast food or any of the big boys that are worth billions, but they won’t. Greedflation, I don’t even know if that’s a real word but I heard it from Scoot on WWL. People are in business to make money, it’s really that simple. What’s the point of raising the minimum wage, when all its going to do is put you exactly where you were before you got a raise?
Posted on 10/4/23 at 12:44 am to gizmothepug
quote:
What’s the point of raising the minimum wage, when all its going to do is put you exactly where you were before you got a raise?
There's no empirical basis for this. If you take a look at every MW hike in history, you will find the CPI appears to not even notice in fact most of the time the inflation rate has ticked slightly *down* in the year following a MW hike.
Posted on 10/4/23 at 6:12 am to SpidermanTUba
So you don’t understand basic economics. Thanks for letting us know.
Posted on 10/4/23 at 6:13 am to UltimaParadox
quote:
Well this should be interesting...
Can anyone who works there count to 25?
Posted on 10/4/23 at 6:20 am to dakarx
quote:
Maybe learn a trade instead of bitching about your current lot in life, do something about it.
Not that you're entirely wrong, but it is funny how much contempt we show to service workers while still venerating CEOs and office workers, many of who spend as much time sitting in a meeting, surfing facebook or playing golf as anything resembling work.
We'll all be eventually replaced by robots, anyway, so it doesn't matter much.
Posted on 10/4/23 at 6:32 am to AUCom96
quote:
Not that you're entirely wrong, but it is funny how much contempt we show to service workers while still venerating CEOs and office workers, many of who spend as much time sitting in a meeting, surfing facebook or playing golf as anything resembling work.
You know not of what you speak.
This post was edited on 10/4/23 at 6:36 am
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