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re: 1099 Restaurant Pay Dispute
Posted on 7/9/23 at 11:30 am to j1897
Posted on 7/9/23 at 11:30 am to j1897
quote:quote:Probably found somebody that will do that for 12 bucks an hour. I would look for a new job.
my duties are placing weekly food orders for the restaurants, delegating repair/maintenance work for issues that arise, etc.
No shite. No way that work is 40% of profit kinda work!
2
Posted on 7/9/23 at 7:42 pm to lnomm34
Maybe he tying the restaurant improvements to profitability. Not profits = no cut for you.
Posted on 7/10/23 at 8:33 am to lnomm34
quote:
No shite. No way that work is 40% of profit kinda work!
Yeah. Something doesn't smell right. He's basically being paid like a silent owner/partner. And he's doing the bookkeeping/admin and hiring. Those are the kind of things offered to a head waitress to throw some extra dollars her way to keep her from looking at better restaurants or legitimate careers.
If he's getting 30% of profits without buying in to the company stock (and all he has to do is backend office work?), I'd say that he negotiated a good deal that has the opportunity to bite him in the arse like it is.
That is how partners are paid (profits).
If he doesn't like it... literally buy 1/3 of the company and then hire that waitress to do what he was doing for $25/hr (it isn't full time hours to KM and do books for 2 restaurants).
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