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February is the slowest month out of the year. I'm not buying this. The want an excuse to raise prices. Restaurants always cut staff hours in January and February. I posted on another thread my friend has 4-5 shifts through out the year at a well known restaurant. In the beginning of the year it gets cut down to 2.
February is the slowest month out of the year. I'm not buying this. The want an excuse to raise prices. Restaurants always cut staff hours in January and February. I posted on another thread my friend has 4-5 shifts through out the year at a well known restaurant. In the beginning of the year it gets cut down to 2.
It makes a lot of sense. Restaurant profits aren't that great. Profits are slim for the most part, not unless you have nice turnover with the tables. With rents going up up up and wages increasing, there's only so much that can be absorbed.
If restaurants have two shifts, 8 hours each and have 10 employees each shift that $320 a day. If they are going out of business over the extra $2 an hour they now have to pay their employees then bye....They should've been paying their employees $15 an hour long ago. I have no time for cheap owners to skimp on the "little people" who most of the time work the first jobs.
If restaurants have two shifts, 8 hours each and have 10 employees each shift that $320 a day. If they are going out of business over the extra $2 an hour they now have to pay their employees then bye....They should've been paying their employees $15 an hour long ago. I have no time for cheap owners to skimp on the "little people" who most of the time work the first jobs.
You are only focusing on that "$2" extra. The increase in wages is not just what they pay to employees. It also impacts other costs like food costs. All of those costs they have to cope with and absorb.
You are only focusing on that "$2" extra. The increase in wages is not just what they pay to employees. It also impacts other costs like food costs. All of those costs they have to cope with and absorb.
What does the food costs have to do with them raising the min wage? My friends who own restaurants aren't paying more for their products because minimum wage increased.
What does the food costs have to do with them raising the min wage? My friends who own restaurants aren't paying more for their products because minimum wage increased.
The delivery truck guys handling the food are probably raising prices to makeup for a new minimum wage. Same for whatever packaging guys handled that food on it's way into a nearby warehouse.
But if these owners were already running on such thin margins then it was inevitable they would be forced to reduce staff or close.
What does the food costs have to do with them raising the min wage? My friends who own restaurants aren't paying more for their products because minimum wage increased.
Uh hello... Anyone that has a staff of over 11 is subject to the new minimum wage hike. A co-worker of mine was complaining about how a place she goes to on the Upper East Side (Yorkville) raised their coffee prices. I told yeah because of the new minimum wage. She goes OHHH that's right!!!
You think food prices aren't going to be impacted by this?? On what planet?? As someone who runs a department and has to budget costs I get the big picture. Either places are cutting back on staff, raising food prices or both, but something is being cut and something is being increased to make up for these extra costs. The only saving grace for some of these places is they may not be negotiating new leases or their space may not be that large to begin with. For example, when I go to Birch (coffee shop), I haven't noticed a difference in the number of people working there, but they definitely cut back to one person when they can.
Quote:
Originally Posted by GoHuskies
The delivery truck guys handling the food are probably raising prices to makeup for a new minimum wage. Same for whatever packaging guys handled that food on it's way into a nearby warehouse.
But if these owners were already running on such thin margins then it was inevitable they would be forced to reduce staff or close.
Running a restaurant always has had thin margins. Same as with supermarkets. It may only seem like $2 extra dollars, but it goes much deeper than that.
Uh hello... Anyone that has a staff of over 11 is subject to the new minimum wage hike. A co-worker of mine was complaining about how a place she goes to on the Upper East Side (Yorkville) raised their coffee prices. I told yeah because of the new minimum wage. She goes OHHH that's right!!!
You think food prices aren't going to be impacted by this?? On what planet?? As someone who runs a department and has to budget costs I get the big picture. Either places are cutting back on staff, raising food prices or both, but something is being cut and something is being increased to make up for these extra costs. The only saving grace for some of these places is they may not be negotiating new leases or their space may not be that large to begin with. For example, when I go to Birch (coffee shop), I haven't noticed a difference in the number of people working there, but they definitely cut back to one person when they can.
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Did you even READ what I wrote. I have a friend who owns several restaurants in Manhattan. I stated that his prices have not gone up. The only difference was min wage but he already paid that or more so it hasn't effected his businesses.
Did you even READ what I wrote. I have a friend who owns several restaurants in Manhattan. I stated that his prices have not gone up. The only difference was min wage but he already paid that or more so it hasn't effected his businesses.
So because your friend (one person) has that predicament that goes for ALL other restauranteers? Is that the idea?
Last edited by pierrepont7731; 02-19-2019 at 07:59 PM..
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