Puna Puna Pizza Pizza

[terracore]

"I think Whoppers are closer to $9.

Seems like they were $13 the last time I passed through HNL. Probably $15 now. Good times."

"Living wages" for part time entry-level high school labor has consequences:

$14.00 per hour beginning January 1, 2024;

$16.00 per hour beginning January 1, 2026; and

$18.00 per hour beginning January 1, 2028.

(Amount paid by employers basically doubles after paying the various taxes and insurances).  In a few years those $15 whoppers will feel like the good ole days.

https://labor.hawaii.gov/wsd/minimum-wage/

I expect an explosion of family-run food trucks, because family members don't have to be paid anything, and food trucks don't have to pay mall rent.

['elepaio]

MR.TC, i figure you already got the message..See USPS aSS of 07.09

'e

[TomK]

MR.TC, i figure you already got the message..See USPS aSS of 07.09

terrarcore, if you can make sense of this then you are a better man than me!

[HiloJulie]

I always find the term "living wage" to be such an oxymoron when discussing wages paid especially in the food service industry when you consider:

• Based on 2022 data provided so far for S&P 500 companies, according to AI-driven SEC data company MyLogIQ, McDonald’s CEO Chris Kempczinski made 1,224 times more than the median compensation of his workers. The pay for workers was $14,521, while Kempczinski made $17,770,514
  
• As CEO and Former President, of Burger King at RESTAURANT BRANDS INTL LP, Jose Cil made $13,968,788 in total compensation. Of this total $920,577 was received as a salary, $2,262,134 was received as a bonus, $0 was received in stock options, $10,769,665 was awarded as stock and $16,412 came from other types of compensation. This information is according to proxy statements filed for the 2021 fiscal year.
  
• NOTE: Burger King, Popeyes and Tim Hortons are all owned by Restaurant Brands International, with Cil as CEO of all three companies
  

I could not find any public salary information for the CEO of Little Cesars, since it is a privately held business, however, the family who owns it according to Forbes was estimated to be worth 5.8 billion back in 2017.

How did the "system" work in 1970 - when a Big Mac cost 65 cents, French Fries were 26 cents and a Coke was 15 cents.

The "burger slingers" were paid $1.95 per hour. 

The money is there to pay the average worker a fair "livable wage"- just went into the wrong pockets!

[AaronM]

Went into the wrong pockets and that's where it will stay until we have the guts for a general strike

[HiloJulie]

MR.TC, i figure you already got the message..See USPS aSS of 07.09

terrarcore, if you can make sense of this then you are a better man than me!

As Barbara Billingsly famously told the Stewardess in the movie Airplane, "I speak jive," I'll take a wild guess and say it has something to do with the USPS rate increase that takes effect on July 9th, 2023.

If so and how its relevant, I have no clue.

[TomK]

Unfortunately, Barbara Billingsly has passed but I suspect even she wouldn't have been able to translate this nonsense. Jive is one thing, balderdash is another.

[Chas]

Went into the wrong pockets and that's where it will stay until we have the guts for a general strike

Yeah. Kinda like the people who believe that taxing the rich will lead to less jobs for the masses. The tax cuts for businesses go right into their pockets.

[HereOnThePrimalEdge]

How did the "system" work in 1970… The "burger slingers" were paid $1.95 per hour.

You must be talking big city burger slingers.  I was paid $1.50 an hour, the girls received $1.25 because, well no reason I could see, most of them worked harder and better that many of the guys.

[terracore]

"Based on 2022 data provided so far for S&P 500 companies, according to AI-driven SEC data company MyLogIQ, McDonald’s CEO Chris Kempczinski made 1,224 times more than the median compensation of his workers. The pay for workers was $14,521, while Kempczinski made $17,770,514"

Okay... So McDonalds is the world's second largest employer with about 1.7 million employees. The CEO made almost $18M. Let's say he donated his entire yearly wage to the employees and they get about $10 extra each per year. Let's round that up and say it's an extra 25 cents per hour. But in reality, most of the employees work part time so it's about 12 cents. By the time the taxes and insurance kick in, that CEO working for free would add 6 cents per hour to each McDonalds employee. Of course, this is just the back of the envelope math, and doesn't include what would happen if they hired a shitty CEO who made bad decisions that caused a bunch of layoffs, in which case some of those employees would be making zero.

I wonder what Kempczinski's first jobs was? The good thing about capitalism is that any one of those minimum wage McDonald's workers can grow up to make 1,224 times the wage they used to. Some franchises, like Dominos, require it: https://biz.dominos.com/about-us/franchising/ "More than 95% of Domino’s franchisees in the U.S. started off as part-time pizza makers or delivery drivers."

If you think 6 cents per hour is going to change the McLife of a drive-through worker, you're probably union material. But good luck getting them to agree to the 10 cents per hour union dues.