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(Yahoo)   NYC restaurant raises employee pay to $25/hr. Guess what happened next?   (news.yahoo.com) divider line
    More: Interesting, Employment, Manhattan restaurant owner, Wage, Restaurant, Supply and demand, Amanda Cohen, Working class, Menu  
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2076 clicks; posted to Business » on 28 Sep 2021 at 10:00 AM (2 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2021-09-28 9:40:13 AM  
The cable was fixed with great diligence, skill, and enthusiasm?
 
2021-09-28 9:42:18 AM  
I've had two pay raises in the past year...I need to threaten to quit. Who knows what they'll pay me next?
 
2021-09-28 9:51:29 AM  
This is an outrage to my free market sensibilities!
 
2021-09-28 9:51:36 AM  
The entire economy collapsed and Christian children were forced by AOC to transition and get vaccinated abortions?
 
2021-09-28 10:03:42 AM  
They still couldn't pay NYC rent because Wall Street makes even more?
 
2021-09-28 10:22:36 AM  
"vegetarian tasting restaurant"

Low hanging fruit so to speak.
 
2021-09-28 10:23:12 AM  
This restaurant has a not tip policy, so it isn't as good as it sounds.  The bar I am a regular at, the staff usually makes much more than $25 per hour, especially once you consider taxes.  And this is in much lower cost area than NYC

Maybe vegetarians are crappy tippers so it works out better for the staff in the end, but no tip/higher wage isn't always better for the staff.
 
2021-09-28 10:23:50 AM  
Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNov​D​ecAve
2021
1.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3
 
2021-09-28 10:27:21 AM  
A Taco Bell down the street posted on their marquee sign that they were hiring management for up to "$13 an hour!". I bet the pile of applications that flooded in must take up the whole dining area.
 
2021-09-28 10:32:28 AM  
It transferred wealth from the patrons and/or owners to the workers?
 
2021-09-28 10:35:58 AM  

gopher321: I've had two pay raises in the past year...I need to threaten to quit. Who knows what they'll pay me next?


Someone I worked with last year didn't even threaten, he just found a different job and put in his two weeks notice. His boss called him and he told his boss that he was going to get paid a lot more, like a bit more than double, with benefits, plus eight weeks of PTO to start, at the new employer, at another Fortune 500 company. They asked what it would take to get him to say. He said a decent pay raise in the last five years would've done it, but they didn't want to meet his price of two and a half times his salary plus ten weeks of PTO.

Not like he cared anyway, the old company wasn't special, it was just a paycheck.
 
2021-09-28 10:38:26 AM  

ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3


We're going to have inflation-palooza because we've had the government helping employers keep wages artificially low since the 1970's. You'd better buck up for the suds folks, this reckoning is going to sting but that's what you get when the government helps slavers create / keep a new slave class.

You think it's bad now you just wait until farmers have to pay crop pickers and farm hands a decent wage.
 
2021-09-28 10:51:04 AM  

gopher321: I've had two pay raises in the past year...I need to threaten to quit. Who knows what they'll pay me next?


Unemployent?
 
2021-09-28 10:52:10 AM  

Eightballjacket: This restaurant has a not tip policy, so it isn't as good as it sounds.  The bar I am a regular at, the staff usually makes much more than $25 per hour, especially once you consider taxes.  And this is in much lower cost area than NYC

Maybe vegetarians are crappy tippers so it works out better for the staff in the end, but no tip/higher wage isn't always better for the staff.


For real, there's no premium that could EVER justify the possibility of being tipped 20%!
 
2021-09-28 10:54:03 AM  

inglixthemad: ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3

We're going to have inflation-palooza because we've had the government helping employers keep wages artificially low since the 1970's. You'd better buck up for the suds folks, this reckoning is going to sting but that's what you get when the government helps slavers create / keep a new slave class.

You think it's bad now you just wait until farmers have to pay crop pickers and farm hands a decent wage.


Don't worry about that either. The government will just subsidise the population with UBI, welfare, and many other forms of "free money for livin" that will come from somewhere because of the magic powers of socialism.
 
2021-09-28 11:02:23 AM  

Dick Gozinya: inglixthemad: ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3

We're going to have inflation-palooza because we've had the government helping employers keep wages artificially low since the 1970's. You'd better buck up for the suds folks, this reckoning is going to sting but that's what you get when the government helps slavers create / keep a new slave class.

You think it's bad now you just wait until farmers have to pay crop pickers and farm hands a decent wage.

Don't worry about that either. The government will just subsidise the population with UBI, welfare, and many other forms of "free money for livin" that will come from somewhere because of the magic powers of socialism.


Makes sense, they've been giving "free money" from the working class to corporations for decades.
 
2021-09-28 11:10:41 AM  
'Dirt Candy'.

Her restaurant is called 'Dirt Candy'.

Think on that for a bit.
 
2021-09-28 11:13:23 AM  
FTA: The chefs were previously paid between $18 and $21 an hour and front-of-house staff between $23 and $25.

And this is why we're never getting away from the shiatty tipping system. She was paying her waitstaff more than the people actually making the thing you're going there for.

She also claims she's having no trouble finding staff, which I don't doubt.  But I wonder if she does have issues with staff turnover.
 
2021-09-28 11:16:07 AM  

Pants full of macaroni!!: 'Dirt Candy'.

Her restaurant is called 'Dirt Candy'.

Think on that for a bit.


Seems like a somewhat creative name for a vegetarian restaurant to me.
 
Juc
2021-09-28 11:19:33 AM  

Shostie: The entire economy collapsed and Christian children were forced by AOC to transition and get vaccinated abortions?


I swear I've seen stuff like this before, is that an actual talking point for the anti vax crowd?
abortion vaccines or something?
I've seen it enough that it makes me think some people think that the vaccines will provide abortions...or...something?
 
2021-09-28 11:20:09 AM  
y.yarn.coView Full Size


It's New York, so I figure this is next?
 
2021-09-28 11:20:51 AM  
I've been eager to try this place.  Hell, I've been eager to get back into dining out in general. It's not happening in the near future but I'm looking forward to a day when I feel comfortable doing so.
 
2021-09-28 11:24:18 AM  

UberDave: The cable was fixed with great diligence, skill, and enthusiasm?


They fixed the ca....dammit
 
2021-09-28 11:34:16 AM  

Eightballjacket: This restaurant has a not tip policy, so it isn't as good as it sounds.  The bar I am a regular at, the staff usually makes much more than $25 per hour, especially once you consider taxes.


Consider taxes? Like 'consider cheating on taxes by not reporting all tips?'
 
2021-09-28 11:38:48 AM  

Dick Gozinya: inglixthemad: ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3

We're going to have inflation-palooza because we've had the government helping employers keep wages artificially low since the 1970's. You'd better buck up for the suds folks, this reckoning is going to sting but that's what you get when the government helps slavers create / keep a new slave class.

You think it's bad now you just wait until farmers have to pay crop pickers and farm hands a decent wage.

Don't worry about that either. The government will just subsidise the population with UBI, welfare, and many other forms of "free money for livin" that will come from somewhere because of the magic powers of socialism.


Deflation is on the horizon. This will not be a good Christmas for retailers.
 
2021-09-28 11:39:48 AM  

ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3


Fark user imageView Full Size

Don't look now but 2008 should have you scared for our future too. Of course then the recession hit and killed inflation dead in its tracks and the government couldn't spend money fast enough to push it back up to the 2% target.

Most economists agree the current inflation is temporary and most expect it to cool to 2% next year even with us still dealing with the pandemic which is the source of most of the inflation for a number of reasons. Feel free to read the clickbait articles fearmongering over an inflation spike will eat all your savings but reality is by next year it'll be a non story. The fed would be stepping on the breaks hard if they thought this was anything but a temporary spike.
 
2021-09-28 11:46:49 AM  

Juc: Shostie: The entire economy collapsed and Christian children were forced by AOC to transition and get vaccinated abortions?

I swear I've seen stuff like this before, is that an actual talking point for the anti vax crowd?
abortion vaccines or something?
I've seen it enough that it makes me think some people think that the vaccines will provide abortions...or...something?


The J+J vaccine was based off of some stem cell research but does not use stem cells, but because there is no such thing as nuance to that crowd it became a rallying cry that all the vaccines are made of dead babies

I am glossing over a lot but the end point is the same
 
2021-09-28 11:49:31 AM  

keldaria: ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3

[Fark user image 220x119] [View Full Size image _x_]
Don't look now but 2008 should have you scared for our future too. Of course then the recession hit and killed inflation dead in its tracks and the government couldn't spend money fast enough to push it back up to the 2% target.

Most economists agree the current inflation is temporary and most expect it to cool to 2% next year even with us still dealing with the pandemic which is the source of most of the inflation for a number of reasons. Feel free to read the clickbait articles fearmongering over an inflation spike will eat all your savings but reality is by next year it'll be a non story. The fed would be stepping on the breaks hard if they thought this was anything but a temporary spike.


Also, if I'm not mistaken, anything the Fed could do to try and curb inflation wouldn't really work because it's almost entirely driven by the pandemic. Like, if they raised rates all it would do is all of the bad things raising rates would do but not really stop inflation. I could be wrong
 
2021-09-28 11:53:00 AM  

Juc: Shostie: The entire economy collapsed and Christian children were forced by AOC to transition and get vaccinated abortions?

I swear I've seen stuff like this before, is that an actual talking point for the anti vax crowd?
abortion vaccines or something?
I've seen it enough that it makes me think some people think that the vaccines will provide abortions...or...something?


Vaccines are made from abortions, and vaccines cause abortions; it's a self perpetuating system!

/i've heard both arguments from anti-vaxers, i just didn't feel like feeding crazy with more crazy at the time.
 
2021-09-28 11:59:51 AM  

TDWCom29: keldaria: ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3

[Fark user image 220x119] [View Full Size image _x_]
Don't look now but 2008 should have you scared for our future too. Of course then the recession hit and killed inflation dead in its tracks and the government couldn't spend money fast enough to push it back up to the 2% target.

Most economists agree the current inflation is temporary and most expect it to cool to 2% next year even with us still dealing with the pandemic which is the source of most of the inflation for a number of reasons. Feel free to read the clickbait articles fearmongering over an inflation spike will eat all your savings but reality is by next year it'll be a non story. The fed would be stepping on the breaks hard if they thought this was anything but a temporary spike.

Also, if I'm not mistaken, anything the Fed could do to try and curb inflation wouldn't really work because it's almost entirely driven by the pandemic. Like, if they raised rates all it would do is all of the bad things raising rates would do but not really stop inflation. I could be wrong


Ehh sort of, killing the economic recovery with rate hikes would definitely have an effect of inflation. It may be more muted because of pandemic related effects but killing demand would definitely lower inflation as the supply vs demand equation pushes prices lower. It's another reason that we had nearly 0 inflation for the first few months of the pandemic, because the pandemic recession killed all demand (and in turn messed up supply chains going forward leading to price spikes when demand resurged but supply couldn't cope)
 
2021-09-28 12:02:40 PM  

jclaggett: [y.yarn.co image 400x168] [View Full Size image _x_]

It's New York, so I figure this is next?


... A mass flood of vengeful ghosts of antivaxxers who died of COVID?

Hmmm...  Could be a script in that.
 
2021-09-28 12:27:57 PM  
Ever think what it must cost Bond villains to staff the waves of armed minions? Looks like $25/hr plus benefits goes a long way. After all, it's not like you'll be facing a swarm of enemies every week.
 
2021-09-28 12:30:52 PM  

OccamsWhiskers: Eightballjacket: This restaurant has a not tip policy, so it isn't as good as it sounds.  The bar I am a regular at, the staff usually makes much more than $25 per hour, especially once you consider taxes.

Consider taxes? Like 'consider cheating on taxes by not reporting all tips?'


Yeah, standard practice in the industry.  Having worked in and known people who still work for restaurants, they span all kinds of religions, political views, races and IQs.  The only thing they have in common is that they all under report their tips.  This leads to  a higher take home pay.  When it is brought up, it usually gets one of two responses (or sometimes both).

waiters deserve it more than the government
the rich cheat on their taxes all the time
 
2021-09-28 12:32:43 PM  

keldaria: TDWCom29: keldaria: ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3

[Fark user image 220x119] [View Full Size image _x_]
Don't look now but 2008 should have you scared for our future too. Of course then the recession hit and killed inflation dead in its tracks and the government couldn't spend money fast enough to push it back up to the 2% target.

Most economists agree the current inflation is temporary and most expect it to cool to 2% next year even with us still dealing with the pandemic which is the source of most of the inflation for a number of reasons. Feel free to read the clickbait articles fearmongering over an inflation spike will eat all your savings but reality is by next year it'll be a non story. The fed would be stepping on the breaks hard if they thought this was anything but a temporary spike.

Also, if I'm not mistaken, anything the Fed could do to try and curb inflation wouldn't really work because it's almost entirely driven by the pandemic. Like, if they raised rates all it would do is all of the bad things raising rates would do but not really stop inflation. I could be wrong

Ehh sort of, killing the economic recovery with rate hikes would definitely have an effect of inflation. It may be more muted because of pandemic related effects but killing demand would definitely lower inflation as the supply vs demand equation pushes prices lower. It's another reason that we had nearly 0 inflation for the first few months of the pandemic, because the pandemic recession killed all demand (and in turn messed up supply chains going forward leading to price spikes when demand resurged but supply couldn't cope)


Ah okay, I'm always glad to learn
 
hej
2021-09-28 1:17:49 PM  
"The restaurant also has a no-tipping policy, which has been in place since 2015.

"We don't have to trick you into paying a 20% 'tip' at the end of your meal to cover our labor costs," Dirt Candy says on its website."


And this is why diners are fine with the menu prices.
 
2021-09-28 1:28:10 PM  
From their website: "Dirt Candy offers a five course tasting menu for only $85 per person that changes seasonally. We also offer a wine pairing for an additional $45. These prices include the tip, but not tax."

A Coke is $4 and beer starts at $9.
 
2021-09-28 1:59:06 PM  

Mr. Tweedy: A Taco Bell down the street posted on their marquee sign that they were hiring management for up to "$13 an hour!". I bet the pile of applications that flooded in must take up the whole dining area.


Wendy's near me paid for a sign on the side of the building: "...up to $10.50 an hour"

which is progress, it they only had "up to $10.25 an hour" a few months ago on the sign where they change the letters.
 
2021-09-28 2:03:04 PM  

Mr. Tweedy: A Taco Bell down the street posted on their marquee sign that they were hiring management for up to "$13 an hour!". I bet the pile of applications that flooded in must take up the whole dining area.


There is a Dairy Queen nearby advertising $11/hr, across the street the McDonald's is hiring at $13.50/hr.  Guess which one has reduced hours.
 
2021-09-28 2:57:56 PM  

Joey Jo Jo Jr Shabadu: FTA: The chefs were previously paid between $18 and $21 an hour and front-of-house staff between $23 and $25.

And this is why we're never getting away from the shiatty tipping system. She was paying her waitstaff more than the people actually making the thing you're going there for.

She also claims she's having no trouble finding staff, which I don't doubt.  But I wonder if she does have issues with staff turnover.


The people who make the product almost always get paid less than the people who move the product.
 
2021-09-28 3:21:05 PM  

natazha: Mr. Tweedy: A Taco Bell down the street posted on their marquee sign that they were hiring management for up to "$13 an hour!". I bet the pile of applications that flooded in must take up the whole dining area.

There is a Dairy Queen nearby advertising $11/hr, across the street the McDonald's is hiring at $13.50/hr.  Guess which one has reduced hours.


Dairy Queen is owned by Warren Buffet. He didn't get to be the richest person in this country by over paying his workers.
 
2021-09-28 4:28:13 PM  
Maybe treating the economy like a Harvard/Chicago business school CFO accountant isn't the smartest thing.

If a job can't pay a living wage, it's ultimately being paid by taxpayers in crime, welfare, and tons of bad externalities.  The economy is better off as a whole.without that job, but the money from a living wage changing hands locally.

Government also needs to break up the monopolies and top heavy industries.

Innovation, prosperity, wealth creation, and technological advancement is a result of competition; not capital investment or wallstreet.  Government needs to be check on unfettered markets to keep them diversified enough to excel at those things.
 
2021-09-28 4:51:45 PM  
Yeah, because Manhattan is the perfect barometer for this sort of thing.  It totally represents the rest of the country.
 
2021-09-28 5:34:27 PM  

Shostie: The entire economy collapsed and Christian children were forced by AOC to transition and get vaccinated abortions?


You forgot to mention the vaccine abortions gave the kids Ghey AIDS, and now they are Ghey, as per the Liberal Agenda.
 
2021-09-28 6:36:32 PM  
$25 an hour at a busy restaurant with a 70 to 90 check average, it's no wonder she has a hard time keeping staff

that's like a half to a third of what they could be making it they were paying her $35 a shift to work there
 
2021-09-28 6:38:59 PM  
and getting tipped of course
 
2021-09-28 6:41:45 PM  
none of the core professional servers in the New York area going to want to work there that's for sure
 
2021-09-28 7:03:15 PM  
44 seats 2.5 turns = 110 covers
two Hot Shots with good support could do it but let's call it 3 waiters

110x90 = 9900 (not including beverages, wine Liquor)

9900/3 = 3300 X 18% = 594 total gratuity (again no bev/wine)

40% tip out to support staff (which is high) = 356 take home

a 6 hour shift equals 59 dollars an hour take home

if they sell expensive wine and/or liquor their waiters could have nights where they are walking with five or six hundred dollars easy

but they're not
not if they work there
 
2021-09-28 7:12:04 PM  
I guess with a five-course prefix they are only doing it turn into half but with the prefix they only need two waiters

anyway your pay ain't shiat
 
2021-09-28 7:12:24 PM  
turn and a half
 
BBH
2021-09-28 7:25:52 PM  

inglixthemad: Dick Gozinya: inglixthemad: ltdanman44: Not gonna matter if we can't get inflation under control.

we're already at 5% for the year

YearJanFebMarAprMayJunJulAugSepOctNovD​ecAve
20211.4  1.7  2.6   4.2  5.0   5.4  5.4  5.3

We're going to have inflation-palooza because we've had the government helping employers keep wages artificially low since the 1970's. You'd better buck up for the suds folks, this reckoning is going to sting but that's what you get when the government helps slavers create / keep a new slave class.

You think it's bad now you just wait until farmers have to pay crop pickers and farm hands a decent wage.

Don't worry about that either. The government will just subsidise the population with UBI, welfare, and many other forms of "free money for livin" that will come from somewhere because of the magic powers of socialism.

Makes sense, they've been giving "free money" from the working class to corporations for decades.


Not taking into account that companies were raising prices due to "supply line" issues and continue to keep the high prices even after those issues are resolved.
 
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