Quote:
Originally Posted by Popfizz
NYC is popular as ever with tourist from all around the globe. Channel 7 also said " ... the problem with these jobs is they are usually low paying".
This is not really true in Manhattan hospitality. Most of these restaurant & hotel waiters , bartenders make bank working at these places . I know of someone that in a days work makes $128.00 in wages + $250 in gratuity + $150 cash in total. This is on an average day not including any overtime which is usually available also @ $26/hr + tips . Keep in mind that there also free employee meals.
Many NYC hotels are unionized therefore you have dirt cheap healthcare among other perks that come with a union job such job security and pension after 25 years with union I think.
I wouldn't call this a " low paying job" by many standards. So I wonder why the media always refers to these jobs as low paying ???
The "low paying" jobs are the ones in smaller , mom & pop shops such as grill master or delivery boy. But restaurants, luxury hotels & condo workers in Manhattan make better $$ than alot of people. It is still frowned upon as a job by many.
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Your math isn't adding up and/or is certainly confusing.
In any event, what are you talking? $1000 per week cash? Maybe $1500? Even if it is cash, you gotta pay taxes!
Well, if you feel $26 per hour is high pay, or more importantly that such an hourly wage can, in NYC, buy you a house, a new car, pay for college for your kids, etc, with little struggle, then I guess it is "high" pay.
If not, then it most certainly is low pay, barely affording a lower middle class NYC lifestyle, almost impossible to afford a down payment for a house, and regulating one to 'marginal' neighborhoods at best!
What is it that YOU want from life?
Hourly wage or Salary? Overtime or BONUS?!
Does the average "hospitality" job pay near or above a standard six figure salary? Is there matching (or matching plus) employer 401K contrubution? Is there a year end bonus? Fairly standard in Finance (and I'm NOT talking a week or 2 week 'Christmas' bonus!) These "free" meals, do they feed your family? In these "union" jobs, can you advance based upon merit? Can you double your salary in a year? Is your salary determined by how hard and/or smart you work?
Your viewpoint is determined by whether you are seeking a "job" or a "career"?? Individual achievememt, Individual worth, or 'collective' marginality. There is a reason the Hospitality industry involves Unions and Finance is governed by Individualism and merit and NOT Unionism.
In Finance and general business, the golden rainbow is the fat promotion with the corner office, title, fat bonus, a dominon over a bunch of worker bees to make it all happen.
In Hospitality, where's the rainbow? Maybe you rise to hotel management, but for most, how do you take advantage of years of experience? You get to risk it all by opening your own restaurant or other establishement, the odds of which are you will lose it all.
Give me Finance and business, and the shot at the corner office! Plus the hours, while in the beginning may be long, but are far more normal, and eventually lessen, offer more freedom (for the competent), and your weekends and nights are your own!
Hospitality, can be a good alternatve, particularly if one lacks the educational credentials for Finance (a hospitality degree is a LOT easier!), or lacks the socialbility or wherewithal to succeed in a business environment. Hospitality is a good area, also, for those of limited education with which one can rise from busboy to head waiter with little, but hard work and effort.
So, its really all about finding the right place you and your ambitions.
Not everone wants to sit behid a desk. Not everyone wants to deal with the public/tourists. Some prefer merit bonuses vs tips. Some prefer indiviual benefit vs proscribed collectivism regardless of individual effort or merit.
Some people don't want to work, nor work too hard; nor do they want to be judged on their performance and ability. Some people resent others earning more for working harder. Some people resent others working less and earning the same.
Some people think mana from heaven should rain down upon them simply for breathing. Others think the harder/smarter their effort the more mana they are due.
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