$20 an hour flipping Burgers

[Tom]

Originally Posted by jimmyb

Just saw where a Newsome owned restaurant is hiring at 16.00 dollars an hour. Cant make this shit up

The law was specifically written to exempt some of Newsome's places.

Rules for thee but not for me.

[mostpost]

Originally Posted by jimmyb

Just saw where a Newsome owned restaurant is hiring at 16.00 dollars an hour. Cant make this shit up

Not that I believe this, but the law applies to franchises with 60 or more locations.

[Tom]

Originally Posted by mostpost

I certainly will.

10 to 12 times I'm guessing.

[jimmyb]

Originally Posted by mostpost

Not that I believe this, but the law applies to franchises with 60 or more locations.

Good for thee,not for me.


https://www.msn.com/en-us/money/comp...rs/ar-BB1l6bd5

[mostpost]

Originally Posted by PaceAdvantage

https://www.youtube.com/watch?v=xdAUQNIdx3U

Mass Layoffs? Let’s see, McDonalds is laying off 1100. Pizza Hut is laying off 1200. Several others laid they will be laying people off, but try as I might, I can’t find numbers. Maybe five to ten thousand people will be laid off. Maybe!

How many people work in the fast food industry in California? 427,000, that’s how many. Around 400,000 will be getting a substantial pay raise.

Price increases? I saw a post on Twitter about one fast food outlet raising their prices between 30 and 60 cents. I am perfectly fine with paying a bit more for my burger so someone can make a decent wage. You do not need to raise the price of a Whopper $4 to pay for a $4 increase in the minimum wage.

[xtb]

Originally Posted by mostpost

Not that I believe this, but the law applies to franchises with 60 or more locations.

No, the law applies to a franchise owner of a single McDonalds because the parent company "controls" more than 60 "McDonalds". A franchise owner of a single McDonalds gets screwed. They cannot absorb these costs.

[PalaceOfFortLarned]

Twitter

[xtb]

Originally Posted by mostpost

Mass Layoffs? Let’s see, McDonalds is laying off 1100. Pizza Hut is laying off 1200. Several others laid they will be laying people off, but try as I might, I can’t find numbers. Maybe five to ten thousand people will be laid off. Maybe!

How many people work in the fast food industry in California? 427,000, that’s how many. Around 400,000 will be getting a substantial pay raise.

Price increases? I saw a post on Twitter about one fast food outlet raising their prices between 30 and 60 cents. I am perfectly fine with paying a bit more for my burger so someone can make a decent wage. You do not need to raise the price of a Whopper $4 to pay for a $4 increase in the minimum wage.

$4 x each employee x each hour they work. Plus increased FICA and unemployment insurance.

[davew]

Originally Posted by mostpost

Mass Layoffs? Let’s see, McDonalds is laying off 1100. Pizza Hut is laying off 1200. Several others laid they will be laying people off, but try as I might, I can’t find numbers. Maybe five to ten thousand people will be laid off. Maybe!

How many people work in the fast food industry in California? 427,000, that’s how many. Around 400,000 will be getting a substantial pay raise.

Price increases? I saw a post on Twitter about one fast food outlet raising their prices between 30 and 60 cents. I am perfectly fine with paying a bit more for my burger so someone can make a decent wage. You do not need to raise the price of a Whopper $4 to pay for a $4 increase in the minimum wage.

Why would someone work for $16/hr when the same job across the straight is paying $20? So what is going to happen? The guy paying $16 has to bump pay, always be hiring new or close.

Gotta love the jobs report today. 300000 new jobs, mostly part time or government. Of course that number is before the revision next month and the revision the month after that, but it looks good today.

[Tom]

1. 5-10,000 people out of work is fine with mstlies.

2. mostlies can't find other number of layoffs. REMEMBER this lowlife is
the one who last week declaredreligious easter eggs did not exist, could find nothing about them after a long search. But I goggled religious easter egs and got 100s of hits for them. Proven liar in the last week right here!

3. his credibility is in the dead letter bin

[mostpost]

Originally Posted by jimmyb

Good for thee,not for me.


https://www.msn.com/en-us/money/comp...rs/ar-BB1l6bd5

Not sure what you mean by, “ Good for thee, not for me.” If you mean the law doesn’t apply to Newsome, it would if he owned sixty or more fast food restaurants. He doesn’t, he owns (along with many others) four restaurants and four wineries. They are definitely not fast food restaurants. Entrees range from $28 to $67.

What everyone conveniently overlooks is that it is $16 an hour plus tips.
At prices like above, tips will be good.

[Tom]

It was written to exclude hisstores, moron.

[tucker6]

In 2-3 years due to price increases, fast food choice in CA will be drastically reduced. Mark my words. Entrepreneurs are a lot smarter than the govt class.

[Inner Dirt]

I wonder what the employee expense burden is in a typical fast food restaurant as a percentage of the gross receipts. Curious to hear from someone who owned or managed a franchise. I like to hear from trustworthy people with boots on the ground not what the media says. I am sure people on both sides of the $20 an hour fast food wage will lie to make their case.
I am curious what it will do in areas of California with low housing costs.
Places like Newberry Springs where you can buy a decent starter home for $150k and you are 20 miles from Barstow that has 20 or so fast food joints that have to pay $20 an hour. Will the prices of cheap housing get spiked?

[Inner Dirt]

Originally Posted by tucker6

In 2-3 years due to price increases, fast food choice in CA will be drastically reduced. Mark my words. Entrepreneurs are a lot smarter than the govt class.

No chance, the left will keep screaming "corporate greed" as they do and the franchisees will cave in, lower prices, and have their family members put in 72 hour weeks without drawing a pay check to still turn a profit. You need to go to MSN and read comments to realize how stupid the average Democrat voter
is when it comes to understanding business finances.



First, most think all fast food locations are corporate owned, then they think high CEO pay is robbing the workers of livable wages. If the CEO of McDonald's divided his salary equally among all McDonald employees they would all receive an extra $10 a month. Also less than 10% of McDonald locations are corporate restaurants.