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Thread: Los Angeles Raises Minimum Wage to $15 an Hour

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Id bet anything that ABOLISHING the minimum wage would make wages raise faster than artificially raising the minimum wage for political reasons.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ludin View Post
    his percentages are also wrong. it is 30-35% of total costs not 25-30% he is aiming on the low side.
    he leaves out a ton of factors.

    Common Food & Labor Cost Percentages | Chron.com
    Fast food (where a lot of these MW are... or rather, an operation which relies MORE proportionally on MW workers as a fraction of the business personnel) it is not 30-35%, it is 25-30% .


    curious you ignored the part about owner salary.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ludin View Post
    his percentages are also wrong. it is 30-35% of total costs not 25-30% he is aiming on the low side.
    he leaves out a ton of factors.
    they were close enough for me to make my remarks

    and yes....he left out quite a few "other" things
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by SlevinKelevra View Post
    Nowhere did I say it wasn't on top of the otherwise inflation. I just said restaurants regularly manage those size of "difficulties".
    So what you are saying is that if the restaurant can handle X then obviously they can handle 2X. Clearly there is no logical flow to your assertion.

    Your link mentions health concerns, fragmentation in the sector, and lack of innovation as drivers of the decline, not price.
    And I am pointing out to you that claiming that the consumer has adapted to the higher prices is absurd given that ice cream sales are declining.

    If Ben & Jerrys cut the cost of a pint by $1 what would happen to sales of Ben & Jerrys pints?

    Got something that actually supports your claim?
    Do you? You made the gratuitous assertion that consumers have adapted to higher ice cream costs. It's your job to show that in the face of declining ice cream sales that price isn't a factor.
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by SlevinKelevra View Post
    SMH.
    The owner's salary is included in the total labor costs.
    you have left out about 1000 different factors.

    one your super goes I am making 16 that isn't fair I need more money my job is more difficult. then your manager does the same.

    you also left out the fact that now the guy that supplies your food now has to up his prices to pay for his labor costs increases.

    you are looking at way more than 1.25 to cover all the cost increases that you are going to get
    not to mention the tax bill.

    your stacked hypothetical fails.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ludin View Post
    his percentages are also wrong. it is 30-35% of total costs not 25-30% he is aiming on the low side.
    he leaves out a ton of factors.
    Oh, I'd say about two tons. And you are correct about labor costs. They typically run much higher.

    Labor Costs as a Percentage of Revenue in Food & Beverage | Chron.com

    Labor Costs

    According to the Restaurant Report website, labor costs in the food and beverage industry account for 22 to 40 percent of total sales. In other words, for every $1 in sales, a restaurant spends up to 40 cents in labor costs. Coupled with food costs, some industry trade groups places these costs at 50 to 75 percent of sales.

    As a side note. What is the economic impact of effectively locking out young people from getting their first jobs? How much turn over will there be at $15/hr? In the case of Los Angeles, do people understand that the vast, and I mean almost exclusive, majority of the MW workforce is Spanish speaking? A big percentage of them are shadow workers. Peasants from Mexico and farther south. The will never leave their jobs. How are kids supposed to earn some kind of job experience?
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by SlevinKelevra View Post
    Common Food & Labor Cost Percentages | Chron.com
    Fast food (where a lot of these MW are... or rather, an operation which relies MORE proportionally on MW workers as a fraction of the business personnel) it is not 30-35%, it is 25-30% .


    curious you ignored the part about owner salary.
    Food Service Industry: Labor Cost Standards | Chron.com

    Varying industry standards put labor costs between 30 to 35 percent of the restaurant's total sales.

    so once again you are 100% wrong.

    it's in the article you posted yourself but didn't read. supervisors and managers are people to and they eat into the cost of the business.
    they will want more than minimum wage to do their jobs.

    the average supervisor pay is 15.36 an hour
    so he will only be making 36 cents above minimum wage.

    average manager pay is 20 an hour.

    both of them will want raises.
    Last edited by ludin; 05-22-15 at 10:08 AM.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by SlevinKelevra View Post
    Other than the owner (well paid), manager (pretty well paid), do you think many employees in a restaurant are outside of the MW and the subMW (tipped) pay range?
    Absolutely. I think you've got a picture of some kind of restaurant in mind, and you're fitting your example and math to it. Perhaps a Subway, or some other restaurant is what your picturing, but they are not the typical operation.

    This site might help you with the vision you have in your mind.

    http://www.foodservicewarehouse.com/...ed/c27996.aspx

    Whether opening a restaurant for the first time, or simply hiring due to employee turnover, be prepared to keep constant tabs on your staffing needs. In the restaurant industry, a manager often needs to hire for the same position more than once. Learn to determine which positions you need to successfully run the business in order to find and keep the best staff members.


    Know Your Staffing Needs

    If you are opening a restaurant for the first time, you will need to determine your staffing needs with as much accuracy as possible. Even if you have run your business for a while and need to hire again, consider the following first:
    •The type of restaurant you run (ie: fine dining, casual dining, fast food etc.)
    •The type of food service you offer (ie: deli-style, buffet-style, fine-dining, etc.)
    •The type of food on your menu—this determines what you need to cook and which kitchen stations you require
    •The number of tables or seats available in your restaurant--this determines the number of servers you will need.

    After you operate the restaurant for a while, you will begin to see the shifts and trends in daily and weekly business, and you will get a feel for which people—and how many people—you need for each part of the day.

    staffing.JPG
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ocean515 View Post
    Well, shouldn't be surprising that the ubber Liberal/Progressive Secretary of Labor, Thomas Perez, would put his stamp of approval on such propaganda. Spend enough time reviewing their messaging campaign, and it's quite obvious the methodology is the same, no matter where it's presented.

    Headlines, and claims, with very little meat. Exactly what the target audience has been trained to swallow.

    "If 600 economists, seven of them Nobel Prize winners in economics, have said no problemo to increases in minimum wage, deeeang it all, must be A-OK. Count me in".

    Except, most economists have put a cap on those increases where big negatives kick in. Any discussion in Perez marketing piece about his good friends in the labor Unions pushing for $15/hr? Hmmm. Nothing. Just a big goober laden kiss on how awesome an increase in the minimum wage would be, and how any concerns are just myths.
    Greetings, ocean515.

    We're in a race to the bottom, and it's working, because the ripple effect of this has not been considered. They are concentrating on the minimum wage jobs, because it's easy to manipulate those people into believing they have been taken advantage of, IMO. What's going to happen when those people discover that things they buy elsewhere suddenly cost 50 percent more than they used to? What will they have gained?

    Mark Forbes had an interesting op-ed in the NY Times on minimum wage dated April 3, 2014. It showed that only the government would benefit, since more people would now be paying taxes to both Federal and State coffers, plus other benefits would be reduced or eliminated, like subsidies for health care and so forth. This is just a new tax on employees and customers, because businesses will have to charge more to offset higher wages - OR eliminate jobs, or probably both! It won't be limited to just McDonalds, either!

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by polgara View Post
    Greetings, ocean515.

    We're in a race to the bottom, and it's working, because the ripple effect of this has not been considered. They are concentrating on the minimum wage jobs, because it's easy to manipulate those people into believing they have been taken advantage of, IMO. What's going to happen when those people discover that things they buy elsewhere suddenly cost 50 percent more than they used to? What will they have gained?

    Mark Forbes had an interesting op-ed in the NY Times on minimum wage dated April 3, 2014. It showed that only the government would benefit, since more people would now be paying taxes to both Federal and State coffers, plus other benefits would be reduced or eliminated, like subsidies for health care and so forth. This is just a new tax on employees and customers, because businesses will have to charge more to offset higher wages - OR eliminate jobs, or probably both! It won't be limited to just McDonalds, either!
    There are always consequences to actions, and there seem to be many obvious ones that the proponents appear to want to ignore. I am a firm believer in paying employees a decent wage in return for decent effort. I also recognize there are unscrupulous employers always eager to exploit workers. However, this magic $15/hr number has me baffled.

    Where did $15/hr come from? All those economist Perez referenced haven't mentioned $15/hr. In fact, their analysis fell far short of that number, and in fact, cautioned about increases below $15/hr that would harm the economy.

    So why $15/hr? Who is behind this magic number? The only group I see pushing $15/hr is the crooks at the SEIU. Yet Seattle, Los Angeles, Oakland, San Francisco, and other cities have picked this bullet out of the air.

    What's up with $15/hr?

    I sense big doings, by big labor, behind closed doors......
    President Donald J Trump, 45th President of the United States of America. A victory born in the hearts and minds of Everyday Americans

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