Bernd Lauert
Banned
Salt Bae can't afford higher wages, it's a tough time out there... also the chef should've gotten a real job, or somethingIs that satire? Because the disparity...
Salt Bae can't afford higher wages, it's a tough time out there... also the chef should've gotten a real job, or somethingIs that satire? Because the disparity...
Why? The labourer with the shovel at a job site building a $100 million high rise can't afford to stay a night in the penthouse suite either.Is that satire? Because the disparity...
Geez, the excuses clearly Americans are making here for not paying a wage that's at least a little comfortable. Yes, people could 'skill up', but at the end of the day someone has to do the dirty work that doesn't have much value and it can't just be young people new to the world of work. Further, the people who did these menial jobs are also part of the society you have to live in, so them not struggling to even put food on the table is in your interests as well. And surely you'd rather they be working for that money than getting it mainly from government handouts?
The rest of the world already know that you have an arse-backwards tipping culture. But do you really need to compound the problem?!
Is that satire? Because the disparity...
Salt Bae’s London restaurant with $1,975 steak hiring chef — for $16 an hour
The job ad at Salt Bae’s London steakhouse notes the restaurant “offers a highly competitive salary.”nypost.com
I ain't tryin to defend "Salt Bae" but the article does state plus tips as well. Tipshare in a restaurant with $1600 steaks is gonna be.....substantial.
At the end of the day local businesses are competing with Walmart and McDonalds for workers so ultimately they must match them in wages or die. Sorry but that is how it works and these places are seeing that first hand now. You simply cannot expect workers to settle for $7.25 a hour when the fast food joint down the block from you is offering $15 and expect workers to line up for you.Because the benchmark companies used in every wage fight war is Walmart and McDonalds. Two of the biggest companies in the world.
So every numb nut thinks if Wally and Micky D's can bump up wages $1.50/hr and still be profitable, every other business can too no problem.
Who says you have to match giant corporations?At the end of the day local businesses are competing with Walmart and McDonalds for workers so ultimately they must match them in wages or die. Sorry but that is how it works and these places are seeing that first hand now. You simply cannot expect workers to settle for $7.25 a hour when the fast food joint down the block from you is offering $15 and expect workers to line up for you.
The workers refusing to go work at these places and forcing them into closing or limiting hours is saying it lol. Pretty much every local place in my area that isn't staffed by family is closing or already has due to every fast food joint offering $13 or more. The market is dictating what these places must offer to compete and they aren't able to do so and closing due to it. What more needs to be said.Who says you have to match giant corporations?
Doesnt Google pay their good coders $200,000+? WHo says every other tech company has to pay $200k?
Depends where you live. All the stores are still open by me.The workers refusing to go work at these places and forcing them into closing or limiting hours is saying it lol. Pretty much every local place in my area that isn't staffed by family is closing or already has due to every fast food joint offering $13 or more. The market is dictating what these places must offer to compete and they aren't able to do so and closing due to it. What more needs to be said.
Is that satire? Because the disparity...
Some CEOs drive companies to the ground only to be paid handsomely and if let go get a nice multimillion golden parachute. Given even random nobodies can found companies and successfully become their ceos for decades with no particular training, I have serious doubt what they do is that skilled or out of the ordinary.The whole "unskilled labor" thing is bullshit that billionaires and corporations fooled people into believing so they could be paid slave wages.
It really comes down to supply and demand and how much a company is desperate enough to pay people to fill roles. Thats why garbagemen can get $25-30/hr. It's a shitty job and they need reliable people to stick with it. Fry cooks at $10/hr are easily replaceable.Some business owners get used to the greed and treating their fellow hospitality employees like shit.
Wolfgang Puck's two flagship restaurants, Spago in Beverly Hills and Las Vegas, have been earning between $12m and $14m in revenue annually for years. At least $1m a month on average each. Last reported his corporation owns the properties, so no rent.
He only pays his chefs $35/hour (about $72k), prep cooks $17/hour ($35k), and bakers $15/hr ($31k). Neither of these cities his restaurants are in are cheap to live in. Let's be extremely kind and pretend that despite his vast success he somehow can't hire the right people to run and manage his properties and acquire his inventory, and ends up only keeping half of those monthly earnings as profit (and at the prices he charges, margins aren't a problem for him like they are in chain places like Chili's that sells a big plate of meat and vegetables for $10 - homeboy is charging $30 for personal-sized pizzas with like five ingredients on them, and $80 for proper entrees). That's still around $500k a month for his finance people to turn into more money for him. Meanwhile the chefs making the food and working 10-12 hour days, six days a week, are only paid enough to afford a modest dwelling outside of the city they're working in, without much left over to save or take care of children or anything else.
Juxtapose this with businesses that pay their employees based on company profits. Like the bakery in Seattle who's name escapes me. The woman who owns it pays her lead baker over $70k a year, and the lower-level workers $50k/year. She is not pulling in revenue anywhere near $1m/month. Not even half that.
Yes I know, business and life can be unfair. But at least hospitality workers are no longer laying down and taking it. The whole "unskilled labor" thing is bullshit that billionaires and corporations fooled people into believing so they could be paid slave wages.
This whole “people aren’t laying down and taking it anymore” comment is pretty off base. For one a shit load of people died and retired out of the work force. Second there is still real fear by a lot of people about the pandemic and Third people just don’t like restaurants anymore because customers are rude and that coupled with Covid tends to be the deal breaker.Some business owners get used to the greed and treating their fellow hospitality employees like shit.
Wolfgang Puck's two flagship restaurants, Spago in Beverly Hills and Las Vegas, have been earning between $12m and $14m in revenue annually for years. At least $1m a month on average each. Last reported his corporation owns the properties, so no rent.
He only pays his chefs $35/hour (about $72k), prep cooks $17/hour ($35k), and bakers $15/hr ($31k). Neither of these cities his restaurants are in are cheap to live in. Let's be extremely kind and pretend that despite his vast success he somehow can't hire the right people to run and manage his properties and acquire his inventory, and ends up only keeping half of those monthly earnings as profit (and at the prices he charges, margins aren't a problem for him like they are in chain places like Chili's that sells a big plate of meat and vegetables for $10 - homeboy is charging $30 for personal-sized pizzas with like five ingredients on them, and $80 for proper entrees). That's still around $500k a month for his finance people to turn into more money for him. Meanwhile the chefs making the food and working 10-12 hour days, six days a week, are only paid enough to afford a modest dwelling outside of the city they're working in, without much left over to save or take care of children or anything else.
Juxtapose this with businesses that pay their employees based on company profits. Like the bakery in Seattle who's name escapes me. The woman who owns it pays her lead baker over $70k a year, and the lower-level workers $50k/year. She is not pulling in revenue anywhere near $1m/month. Not even half that.
Yes I know, business and life can be unfair. But at least hospitality workers are no longer laying down and taking it. The whole "unskilled labor" thing is bullshit that billionaires and corporations fooled people into believing so they could be paid slave wages.
This whole “people aren’t laying down and taking it anymore” comment is pretty off base. For one a shit load of people died and retired out of the work force. Second there is still real fear by a lot of people about the pandemic and Third people just don’t like restaurants anymore because customers are rude and that coupled with Covid tends to be the deal breaker.
ive been in the industry for 22 years and this isn’t a money problem. We are offering green assistant managers 50k a year in rural areas and can’t get apps. Not even 1. It’s not just money. I’m paying teenagers $15-17/hr and can barely keep people. I think there is alot of factors but it isn’t all about the money there are alot of people that just have decided to get out of that sector or not work.
I realize people are checking out of the industry for numerous reasons, but if that cook or server was being paid enough to live somewhat comfortably with benefits, something us white collar workers tend to take for granted, I assure you people would be rushing to snap up those jobs rather than ignoring them. $50k/year sounds awesome for many localities right? But then you take away job security, a lack of benefits, no profit sharing into a retirement account (a big deal in the US since our social safety nets are basically nil), and suddenly that $50k a year starts to seem more like $25k a year, and it's just not worth it. Shit, the transmission in their car going out could wipe out their entire year's worth of savings. And then there's the fact that if they get sick enough they may as well die to leave the insurance money to their kids than live, since we don't have what every single other first world nation has: free healthcare.
I mean shit, I save over $33k/year between pre-taxed contributions to my 403b, by employer contributions added to that, and the $1,000+ in liquid cash I am able to put aside each month. I am probably on the mid range of earnings in the tech field too. Meanwhile there's so called "unskilled labor" out there busting their asses in tough jobs just asking for $50k/year + benefits and a retirement account with some level of matching. The entire labor market is on its head because ever since the 1980's minimum wages no longer increase to match cost of living and inflation, and that has a horrific effect on every other facet of the economy.
So, if people aren't biting at that $50k, maybe try adding some attractive benefits as well. Because $50k without benefits to a single mother or pair of young parents ain't shit. May as well be $25k after they have to pay for childcare and healthcare and try to squirrel away some semblance of a savings.
I don’t understand how anyone can think of raising a family on 50k. Two young kids in daycare full time is 2k a month for us, or 24k a year just skimmed right off what we take home.I realize people are checking out of the industry for numerous reasons, but if that cook or server was being paid enough to live somewhat comfortably with benefits, something us white collar workers tend to take for granted, I assure you people would be rushing to snap up those jobs rather than ignoring them. $50k/year sounds awesome for many localities right? But then you take away job security, a lack of benefits, no profit sharing into a retirement account (a big deal in the US since our social safety nets are basically nil), and suddenly that $50k a year starts to seem more like $25k a year, and it's just not worth it. Shit, the transmission in their car going out could wipe out their entire year's worth of savings. And then there's the fact that if they get sick enough they may as well die to leave the insurance money to their kids than live, since we don't have what every single other first world nation has: free healthcare.
I mean shit, I save over $33k/year between pre-taxed contributions to my 403b, by employer contributions added to that, and the $1,000+ in liquid cash I am able to put aside each month. I am probably on the mid range of earnings in the tech field too. Meanwhile there's so called "unskilled labor" out there busting their asses in tough jobs just asking for $50k/year + benefits and a retirement account with some level of matching. The entire labor market is on its head because ever since the 1980's minimum wages no longer increase to match cost of living and inflation, and that has a horrific effect on every other facet of the economy.
So, if people aren't biting at that $50k, maybe try adding some attractive benefits as well. Because $50k without benefits to a single mother or pair of young parents ain't shit. May as well be $25k after they have to pay for childcare and healthcare and try to squirrel away some semblance of a savings.
Increasing Salary might help
I don’t understand how anyone can think of raising a family on 50k. Two young kids in daycare full time is 2k a month for us, or 24k a year just skimmed right off what we take home.
If you don’t have a degree making good money, there’s no point in working when childcare costs that much. The alternative is just waiting for the state to babysit them when they’re old enough (K-12), or start offering onsite daycare or state run daycare to keep people in the workforce, or paying enough base salary so they can afford childcare. But paying people barely enough such that half or more of their take home goes to a babysitter is ludicrous and unsustainable.
20 years ago I was making about $50k. I dont see how a family can survive either.I don’t understand how anyone can think of raising a family on 50k. Two young kids in daycare full time is 2k a month for us, or 24k a year just skimmed right off what we take home.
If you don’t have a degree making good money, there’s no point in working when childcare costs that much. The alternative is just waiting for the state to babysit them when they’re old enough (K-12), or start offering onsite daycare or state run daycare to keep people in the workforce, or paying enough base salary so they can afford childcare. But paying people barely enough such that half or more of their take home goes to a babysitter is ludicrous and unsustainable.
Yes but even in areas where cost of living was reliably cheaper, housing prices are going through the roof while employers want to keep wages the same, as if nothing changed. No, I don’t live in SF Bay Area and don’t need my wages adjusted that high, but gone are the days of putting up with the “but it’s cheaper here!” talk when negotiating. Especially with remote work making geography less and less relevant, people should get paid for the work they’re doing, period. Then if a worker wants to work in bumblefuck Nebraska to save on rent, more power to them.In my hometown, 50k can go a long way. Cost of living is FAR cheaper than it is in Atlanta. It's a small town and not part of a megalopolis metro area like Atlanta, NYC or LA.
Anyone working front cash is losing their jobs as more self check out kiosks open up. However, I dont know if back end stock clerk roles or fast food cooks went up to balance it out.The proletariat is waking up and making a statement. There are many different ways this could go, but my gut tells me that small business will die while large business adapt to whatever strategy makes them more money. Maybe fewer workers with slightly higher salaries? Maybe moving faster towards greater automation? In the long run I fear that a lot of people who worked these jobs simply won’t have jobs to come back to if the great resignation isnt resolved quickly.
Those reasons are legit if you still live with your parents. If you're not actually making a living wage, then you don't actually need that wage to live by definition. Meaning a lot of people were getting help already and could cut their job to look around. Not the case for everyone, but lots of people stay home until 30 now and this could reflect those people.Anyone working front cash is losing their jobs as more self check out kiosks open up. However, I dont know if back end stock clerk roles or fast food cooks went up to balance it out.
If they have at many businesses, the front cash workers will have to transition to one of those roles. Or find another kind of job. Last few years, Amazon warehouse and Uber jobs skyrocketed.
I never believed the whole "I'm not working due to wanting a better job or it gave me the time to train for one" reasons as legit. The chart below seems to give people multiple answers as it adds up to more than 100%, but even the vague grey Other bar is only at 21%.
Here's why some unemployed workers aren't looking for a new job
The biggest factor keeping workers from getting jobs remains the pandemic itself. But rising wages could be what ultimately brings them back.money.yahoo.com
Yeah I figure small businesses are done, large businesses will ride it out with the intention of accelerating the transition to automation.The proletariat is waking up and making a statement. There are many different ways this could go, but my gut tells me that small business will die while large business adapt to whatever strategy makes them more money. Maybe fewer workers with slightly higher salaries? Maybe moving faster towards greater automation? In the long run I fear that a lot of people who worked these jobs simply won’t have jobs to come back to if the great resignation isnt resolved quickly.
I agree. Covid was record sales and profits for the big guys. Just gave them more ammo in the coffers to install kiosks faster. The Walmart near me is one giant self checkout section and a handful of old school lineups with cashiers. Costcos all seem to have self checkouts too. And they are the best self checkouts I've used. Super fast, while some checkout machines at other stores have a slight delay in scanning the code.Yeah I figure small businesses are done, large businesses will ride it out with the intention of accelerating the transition to automation.
Think part of the reason is living costs due to their location. They could easily get more people from india with high iq and high education for pennies.Why are Google awesome coders getting paid $150-200k, when they could hire 3 out of school computer science guys at $50k each for the same money? I'm sure there's eager beavers willing to work for $50k. Google can get 3 times the brain power.
While the high IQ individuals are thinking similar and stopping from reproducing. Those on welfare and with lower intellect are reproducing without care. In fact the more kids they have the more welfare they're given. It is dysgenics in action. Some youtubers say despite higher iq scores, the iq scores are being misleading due to higher interaction with literacy/computers, they say we've lost significant average intelligence over the last century.I don’t understand how anyone can think of raising a family on 50k. Two young kids in daycare full time is 2k a month for us, or 24k a year just skimmed right off what we take home.
If you don’t have a degree making good money, there’s no point in working when childcare costs that much. The alternative is just waiting for the state to babysit them when they’re old enough (K-12), or start offering onsite daycare or state run daycare to keep people in the workforce, or paying enough base salary so they can afford childcare. But paying people barely enough such that half or more of their take home goes to a babysitter is ludicrous and unsustainable.
While the high IQ individuals are thinking similar and stopping from reproducing. Those on welfare and with lower intellect are reproducing without care. In fact the more kids they have the more welfare they're given. It is dysgenics in action. Some youtubers say despite higher iq scores, the iq scores are being misleading due to higher interaction with literacy/computers, they say we've lost significant average intelligence over the last century.
Some youtubers say despite higher iq scores, the iq scores are being misleading due to higher interaction with literacy/computers, they say we've lost significant average intelligence over the last century.
Another thing that saps money isn't just kids and normal expenses that go with them.There's a lot of truth to that. Everyone I know, with some notable exceptions, that pumped out kids in their 20s are worse off from a career/money perspective than those of us that waited for more stability. Most wives didn't graduate college or are just now getting around to it, while my wife has a graduate degree making good money in healthcare. My career has continued on to where I'm making pretty good money and we are pretty comfortable, and putting off kids allowed me flexibility to move around as we saw fit. But a lot of our friends are still basically paycheck to paycheck, many times only the man can work because they've got 3+ kids and childcare is too expensive because the wife never finished school and working isn't worth it for her...I just wonder what it would've been like for some of them had they just waited a few years before pumping out kids.
I wouldn't be surprised if it's true.
Do you think it's a complete coincidence that everyone is settling on $15 / hr after prominent person of influence with large mittens made the case for this nationally inThere is a reordering happening inside the economy. But make no mistake, anyone who thinks the is the “proletariat waking up” has no idea what they are talking about.
If things continue like they have been, that $15/hr isn’t going to go any further than they old minimum wage did. And they will have crammed a massive number of people right up against it. So where before lots of people were making 2-3x the minimum wage, now everyone making $18 isn’t doing nearly as well as they were. You can’t improve the fundamentals of the economy by playing with the numbers. Productivity is productivity. If the average price of gas doubles, and the price of groceries are up 50%, and it costs 80% more to heat your home, that raise from $12 to $15 doesn’t actually benefit anyone. And that is what is happening right now. A bunch of people at the bottom saw their paychecks go up but are now seeing their lives get more expensive because inflation is outpacing wage growth.Do you think it's a complete coincidence that everyone is settling on $15 / hr after prominent person of influence with large mittens made the case for this nationally inlive debatespolicy conversations withvoterslisteners? I think that made an impression on people. It's a shame hiscandidacyideas were suppressed so much.
True, but I'm just saying it's a combination of things. The inflation boom is not necessarily driven entirely by wages, but by COVID related and globalization related supply chain dysfunction. While that is happening, proletariat awareness is a small background force contributing to things moving.If things continue like they have been, that $15/hr isn’t going to go any further than they old minimum wage did. And they will have crammed a massive number of people right up against it. So where before lots of people were making 2-3x the minimum wage, now everyone making $18 isn’t doing nearly as well as they were. You can’t improve the fundamentals of the economy by playing with the numbers. Productivity is productivity. If the average price of gas doubles, and the price of groceries are up 50%, and it costs 80% more to heat your home, that raise from $12 to $15 doesn’t actually benefit anyone. And that is what is happening right now. A bunch of people at the bottom saw their paychecks go up but are now seeing their lives get more expensive because inflation is outpacing wage growth.
Perhaps. But what I see is many, many people being crammed together at the bottom. The guy making $20 an hour felt pretty decent. He now suddenly finds himself within spitting distance of minimum wage. Suddenly that $20/hr doesn’t go as far as it did. The guy making $30 looks a lot more like person who makes double the minimum. He’s taking a pay cut right now. And the whole point was to actually improve the lives up people at the bottom, and while that might happen temporarily, in the long term, the money doesn’t take them any further. Meanwhile, we have pushed lots of people down closer to the floor.True, but I'm just saying it's a combination of things. The inflation boom is not necessarily driven entirely by wages, but by COVID related and globalization related supply chain dysfunction. While that is happening, proletariat awareness is a small background force contributing to things moving.
I realize people are checking out of the industry for numerous reasons, but if that cook or server was being paid enough to live somewhat comfortably with benefits, something us white collar workers tend to take for granted, I assure you people would be rushing to snap up those jobs rather than ignoring them. $50k/year sounds awesome for many localities right? But then you take away job security, a lack of benefits, no profit sharing into a retirement account (a big deal in the US since our social safety nets are basically nil), and suddenly that $50k a year starts to seem more like $25k a year, and it's just not worth it. Shit, the transmission in their car going out could wipe out their entire year's worth of savings. And then there's the fact that if they get sick enough they may as well die to leave the insurance money to their kids than live, since we don't have what every single other first world nation has: free healthcare.
I mean shit, I save over $33k/year between pre-taxed contributions to my 403b, by employer contributions added to that, and the $1,000+ in liquid cash I am able to put aside each month. I am probably on the mid range of earnings in the tech field too. Meanwhile there's so called "unskilled labor" out there busting their asses in tough jobs just asking for $50k/year + benefits and a retirement account with some level of matching. The entire labor market is on its head because ever since the 1980's minimum wages no longer increase to match cost of living and inflation, and that has a horrific effect on every other facet of the economy.
So, if people aren't biting at that $50k, maybe try adding some attractive benefits as well. Because $50k without benefits to a single mother or pair of young parents ain't shit. May as well be $25k after they have to pay for childcare and healthcare and try to squirrel away some semblance of a savings.
System the requires cheap labor to be sustainable.The vast majority of businesses don't operate on margins anywhere close to Wolfgang Puck or your corporate firm. $50k + full benefits + FICA/FUTA/SUT/WorkerComp/Insurances/Etc would make the actual cost of those employees around $100k/yr, which is untenable for small businesses to pay low skilled roles. The local restaurant of the guy you're quoting for example, with a cost of $100K+ for every head, would have to hike prices so high they'd be out of business within a month or two. If you somehow managed to make every business pay everyone "fair" salaries with full benefits, inflation would just equilibrate to a point where someone making $50K + Benefits has the same buying power, QOL, and COL as someone making $30K w/o benefits today. The solution to your hypothetical scenario is for both spouses to work for a few years before having kids, in which time they should presumably be able to accrue enough wealth to either afford the 3-4 years of child care, or afford for one of them to stay home until the child at least reaches school age.