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Started By
Message
re: California Pizza Huts lay off all delivery drivers ahead of minimum wage increase
Posted on 12/27/23 at 12:17 pm to LSUFanHouston
Posted on 12/27/23 at 12:17 pm to LSUFanHouston
quote:
Class warfar is ugly, but it doesn't make you a whiny liberal to observe that most CEOs are overpaid and the real work is done by the people below the CEO... who would still be around if the company fired the CEO.
I think it can be true that CEOs are overpaid but we can also acknowledge that corporations will keep paying these CEO salaries and will often if not always choose to instead lay off low level workers.
2
Posted on 12/27/23 at 12:18 pm to chinhoyang
quote:
If he worked for free, the 16m would only pay for 384 drivers.
It would not be enough to cover the $4 per hour raise for 2000+ drivers
$16M / $4/hr = 4 million hours of the raise.
4 million hours would be 2,080 hours for 1,923 employees.
And we know that probably almost zero of the employees are full time, becuase of ACA mandates, 401(k) mandates, etc.
Losing at math to a liberal like C on Z... ouch...
Posted on 12/27/23 at 12:20 pm to c on z
quote:I've learned in my time on here as a Kentucky outsider that you are amongst the biggest idiots that post on this board. And that's saying something.
If the Pizza Hut CEO can get paid 16 million dollars, then surely it can’t be that difficult to pay workers $20/hour.
Posted on 12/27/23 at 12:20 pm to Scuttle But
quote:
I use when I'm staying in hotels pretty often
This is even more odd to me. Staying out of town is a chance to try new and different places and get TF out of the hotel.
After spending all day with a client, or a meeting, or a conference, etc, the last thing I want to do is stare at a hotel room wall all night.
Posted on 12/27/23 at 12:24 pm to doubleb
quote:
Those two Pizza Hutt franchises will save an estimated 10 million dollars if those drivers work twenty hours a week for 50 weeks.
Which was presumably covered almost entirely, if not entirely, by the add-on delivery charges collected in addition to the pizza cost.
So you are knocking out $10M in expenses, and $10M in revenue... plus the marginal revenue from reduced pizza sales, if any.
This makes sense only if,
1) the delivery fees weren't high enough to cover the delivery costs (and if so... that's bad business from the jump) or
2) They are going to outsource this in a way, by having independent contractors jump in to do deliveries, who are not tied to an hourly wage. (but isn't CA really strong against worker classification)?
Posted on 12/27/23 at 12:26 pm to c on z
quote:
If the Pizza Hut CEO can get paid 16 million dollars, then surely it can’t be that difficult to pay workers $20/hour.
If not for useful idiots like you, the Democrat Party would cease to exist.
Posted on 12/27/23 at 12:27 pm to RLDSC FAN
$16/hr is $128 + tips per shift. They were probably pulling more like $200 a night.
Liberalism screwed people out of a perfectly solid job.
Liberalism screwed people out of a perfectly solid job.
Posted on 12/27/23 at 12:27 pm to deltaland
quote:
he Pizza Hut corporation is not hurt at all by minimum wage hikes unless the hikes cause franchises to close down
Or lose sales. As the franchise fee is often tied to a percentage of sales revenue.
Posted on 12/27/23 at 12:30 pm to deltaland
quote:
An increase of 93,000 dollars a year in labor costs. The owner just went from making an ok living to losing money. Cut out the driver position (16 hours a day, 7 days a week. 112 hours at 16 dollars an hour prior to MW hike). Saves 93,000 dollars a year not paying for that full time position
You are forgetting that you are also losing the ability to charge for delivery, which is an add-on revenue.
quote:
On average they profit 92,000 a year
On average one franchise has a manager (salary) and 4 hourly employees (2 cooks, waitress, driver).
That seems like way too low for number of employees, and profit. Way too low.
If those numbers are true, why would anyone get into this, unless they are getting into dozens or hundreds at a time... in which case the math is totally different and it's not an individual "owner" we are taking about.
Posted on 12/27/23 at 12:32 pm to RLDSC FAN
God I love watching liberal policies in action.
Posted on 12/27/23 at 12:34 pm to biglego
quote:
but we can also acknowledge that corporations will keep paying these CEO salaries and will often if not always choose to instead lay off low level workers
Of course... until such point as there aren't enough employees to do the job or automation available enough to replace them.
Profit increases accrue mostly to senior leadership and occasionally to shareholders. And these senior leadership and board members are all buddies from Wharton, etc.
It's an incest-filled deal. A very profitable deal, though, if you are in the circle.
Posted on 12/27/23 at 12:36 pm to AtlantaLSUfan
quote:
$16/hr is $128 + tips per shift. They were probably pulling more like $200 a night.
Liberalism screwed people out of a perfectly solid job.
I doubt they are working 8 hours shifts but your point remains.
Now look, there are plenty of people who can't live life - especially in an expensive place like CA - on those wages.
The solution is to not artifically increase those wages of those jobs... but rather... to move those individuals into higher wage jobs.
Leave the minimum wage jobs for high school and college kids. The real adults - the ones with families to feed, etc, should never be working those jobs for any extended period of time, as a primary source of income.
Posted on 12/27/23 at 12:39 pm to LSUFanHouston
quote:
Leave the minimum wage jobs for high school and college kids. The real adults - the ones with families to feed, etc, should never be working those jobs for any extended period of time, as a primary source of income.
Unfortunately this is what people are demanding, and when the fantasy doesn't work out, local politicians are screwing things up to appease for votes.
Posted on 12/27/23 at 12:40 pm to LSUFanHouston
quote:
Profit increases accrue mostly to senior leadership and occasionally to shareholders.
As it should.
Posted on 12/27/23 at 12:43 pm to Jcorye1
quote:
Chick-fil-A
quote:
shite level food
Shut your whore mouth.
Posted on 12/27/23 at 12:43 pm to LSUFanHouston
When did you become a whiny lib?
Posted on 12/27/23 at 12:44 pm to RummelTiger
quote:Wow so there are actual living humans that do not realize that being a CEO of a billion dollar organization is different than being a delivery driver.
If the Pizza Hut CEO can get paid 16 million dollars, then surely it can’t be that difficult to pay workers $20/hour.
Posted on 12/27/23 at 12:45 pm to c on z
quote:
If the Pizza Hut CEO can get paid 16 million dollars, then surely it can’t be that difficult to pay workers $20/hour.
Without the subsidies low wage employers enjoy there is a good chance that the Pizza Hut CEO would not have a job at all because Pizza Hut apparently is not a viable business model without collective spending to make them whole and provide some share holder value.
Posted on 12/27/23 at 12:46 pm to NIH
quote:
When did you become a whiny lib?
What exactly makes me a whiny lib?
I think C on Z is off his/her meds, again, has absolutely a lack of understanding about how the business world works, etc.
CEOs are overpaid because they can be because that's how capitalism works. It's still the best system available.
How does that fact make me a liberal?
Posted on 12/27/23 at 12:47 pm to LSUFanHouston
quote:
to move those individuals into higher wage jobs.
quote:
Leave the minimum wage jobs for high school and college kids
i love this magic.
poof. envision it and it will happen.
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