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[-] unmagical@lemmy.ml 123 points 11 months ago

They really offered 2 possible outcomes:

  • Increase prices
  • Fire people

Why not just . . . make less money?

The increase was $4. The article kept using percentages to make it seem like some big scary change, but the increase is 1 meal per hour per worker. I'm pretty sure any half decent restaurant can handle that extra $4 per worker hourly.

But no, the solution is clearly to just nuke your vacation policy so you can save $1000 per worker per year. Yeah okay.

[-] jordanlund@lemmy.world 121 points 11 months ago

American notions of profit and loss are fucked up.

It doesn't matter if you're profitable. Let me say that again. It does not matter if you're profitable.

You have to be making MORE profit than you did same time last year, last quarter, last month.

If you don't keep making more profit, you are somehow "losing money". Money that's "rightfully owed" to you. Money that should and would have otherwise been yours.

And if you're a publicly held company and you miss that profit goal, the stock market will PUNISH you.

Hell, you could make more profit and STILL get punished if you didn't "beat expectations".

[-] fidodo@lemmy.world 21 points 11 months ago

That's because investors only make money when the value goes up. The pressure to always make more money than before is baked into the public ownership system we created. I think we should make all companies employee owned instead of investor owned and then you'd fix the broken incentive structure.

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[-] Snapz@lemmy.world 97 points 11 months ago

Mark owns fatburger franchises and he and his family are BARELY scraping by... They only took two European vacations last year and their kid that just turned 16 had to get a tesla instead of electric Porsche? It's just not sustainable and this ASSAULT needs to stop or hard working vampires like Mark and his loved ones suffer.

Edit: oh, that's weird... Autocorrect formed "families" into "vampires".

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[-] BossDj@lemm.ee 97 points 11 months ago* (last edited 11 months ago)

"Eliminating employee vacation"

His workers had an average 48 hours of yearly vacation time. That is not vacation time.

What trash

[-] MentallyExhausted@reddthat.com 26 points 11 months ago

At $20 that’s less than a thousand dollars a year.

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[-] JigglySackles@lemmy.world 77 points 11 months ago

Never once crossed his mind to take less from the top. American businesses should fail more often.

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[-] Chocrates@lemmy.world 62 points 11 months ago

Boohoo, a capitalist that owns 4 restaurants is passing the costs of labor on to their customers and is still blaming us for it. Sounds like the playbook of an abuser.

If paying people what they are worth causes businesses to fail, then that is just Daddy Capitalism working right?

[-] Damdy@lemmy.world 15 points 11 months ago

For sure, record breaking profits never get passed on to the customer, if anything it pushes companies to see how much they can squeeze from nothing.

But hard times always fall on the customer.

Greed is evil.

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[-] transientpunk@sh.itjust.works 50 points 11 months ago

"how will I buy my next four franchises if I have to pay my employees a living wage?"

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[-] Raz@lemm.ee 40 points 11 months ago

Lol, 48 hours of paid time off. I don't even work full time and get 120 hours, by law. Fuck the US.

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[-] MrMeanJavaBean@lemmy.world 37 points 11 months ago

If a business cannot survive paying its employees a liveable wage then it should not exist. Businesses that do not pay a livable wage but can afford to are exploiting its employees.

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[-] licherally@lemmy.world 35 points 11 months ago

eliminating employee vacation

Man shut the fuck up, the only employee that got a vacation was you numbnuts

[-] Mr_Blott@lemmy.world 39 points 11 months ago

Walberg said he used to offer paid time off to eligible workers. The average worker earned about 48 hours of paid time off, capped at 72 hours a year, he said.

Jesus fucking Christ. Shit like that has been illegal for a century where I live

[-] licherally@lemmy.world 14 points 11 months ago

America is a dystopia unlike any other, where we smile and fuck each other over and then say "hey this is just the way it is!"

I hate it here.

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[-] Deceptichum@kbin.social 31 points 11 months ago

If you’re in L.A. Make sure to boycott Fatburger.

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[-] Pepsi@kbin.social 31 points 11 months ago

TLDR: “Hey, everybody. I'm a stupid moron with an ugly face and a big butt and my butt smells, and I like to kiss my own butt.”

[-] paysrenttobirds@sh.itjust.works 26 points 11 months ago

The paid vacation he's eliminating was capped at 72hrs per year. He warns that high schoolers will have a tough time competing with more valuable employees, but this is due to the wage increase only applying to fast food. Also, the big layoffs in in-house delivery are similarly due to the narrow scope of the law which excludes gig workers.

"Landlords won't lower their rents"-- these things take time.

[-] roguetrick@kbin.social 19 points 11 months ago

“Landlords won’t lower their rents”-- these things take time.

For sure. A market correction on landlords require businesses leaving the property and then the landlords defaulting their loans to the bank. But no matter what that still needs to happen, because an economy where we value parasitic capital over paying labor a living wage is fundementally broken.

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[-] PedroMaldonado@lemmy.world 23 points 11 months ago

If you can't do business in CA, then don't. OR treat your employees like shit. Sure.

[-] HAL_9_TRILLION@lemmy.dbzer0.com 22 points 11 months ago

Not one fucking word in this article about what the ratfuck owner clears every year from his four franchises. Nobody bothers to ask the question, because wage increases are a sin borne only by the consumer, so sayeth supply-side Jesus.

A building full of well paid employees serving high quality food can pay for the building, the livelihood of all its employees and all of the quality food used to make its offerings. But it can't pay for all that PLUS the guy sitting on top of it all skimming off $100K every year while literally doing nothing. HUH. Well, fuck 'em.

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[-] kittyjynx@lemmy.world 22 points 11 months ago

In N Out in California pays $20 or more an hour starting wages, their burgers are (IIRC) less than $5, and they still make a shit ton of money.

[-] Red_October@lemmy.world 21 points 11 months ago

Eliminating employee vacation, as though he was already offering them some extravagant amount of paid time off. And what does he think cutting hours will accomplish? You either have enough people working the store, or you don't. Running a skeleton crew and overworking your people isn't going to be sustainable, not when literally every other fast food place is paying at least as much as you and they have choices.

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[-] Smoogs@lemmy.world 18 points 11 months ago

Defending scamming as a business model isn’t a business model.

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[-] Mamertine@lemmy.world 17 points 11 months ago

The new California law doesn't apply to employees at full-service chains such as Chili's or Cheesecake Factory.

That's really strange. A minimum wage for just fast food?

[-] snooggums@kbin.social 21 points 11 months ago* (last edited 11 months ago)

Full-service chains have their own minimums because of our shitty tipping culture.

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[-] BigMacHole@lemm.ee 17 points 11 months ago

Oh no! What will those poor employees do now that they can work at literally any fast food chain for $20/hr!

[-] Reverendender@sh.itjust.works 16 points 11 months ago

I REALLY want to see the last few years of profit margins that these asshats are earning that are so vital to maintain that they are “forced” to pass the financial hit on to their workers (who are doing ALL the actual work). "If the minimum wage goes up, they either have to increase prices so that they can cover the increased expenses for labor, or they're going to have to consolidate their labor and let people go," Lederman told BI. Thanks Lederman, you tone deaf douchnozzle. Why can’t they earn slightly less profits so everyone can, I dunno, live their fucking lives?

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[-] Socsa@sh.itjust.works 12 points 11 months ago

Ok, then show us your books or I'll assume you are full of shit

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this post was submitted on 16 Jan 2024
227 points (93.8% liked)

Antiwork

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