Minimum wage increase

[Circuits]

Several places I go to have raised prices as of 1/1/18, whether for wage hike, or other reasons, I know not.

My buying patterns will change, as a result, though.

[Gman]

Just heard this morning that Red Robin was getting rid of busboys to deal with higher wage costs. Will save them $8 million per year in labor costs. Now those hourly employees that got more with a wage increase also got more work to do for that increase. Surprise!

[hurley842002]

Just heard this morning that Red Robin was getting rid of busboys to deal with higher wage costs. Will save them $8 million per year in labor costs. Now those hourly employees that got more with a wage increase also got more work to do for that increase. Surprise!

Seems like a sound business solution after having the increase shoved down their throats. Want more money? Okay, you will now work harder for it.

[bryjcom]

Just heard this morning that Red Robin was getting rid of busboys to deal with higher wage costs. Will save them $8 million per year in labor costs. Now those hourly employees that got more with a wage increase also got more work to do for that increase. Surprise!

You mean that the laws of economics applies to wages????

Say it ain't so!!

[MrPrena]

Seems like some have more problem with minimum wage earners than minimum wage law.

I just have problems with stupid government and idiots who wants $20/hr now and still have same buying power as year before.

Other than that, I have no problems with minimum wage earners (to even people who make 399k/yr).

[Gman]

Seems like some have more problem with minimum wage earners than minimum wage law.

How do you figure?

Some wait staff will piss and moan about it. Others will be hustling because they understand that turning more tables equals a better customer experience and more opportunities for tips.

The end result of a forced labor cost change by governments to businesses doesn't yield a magical change where money materializes from good intentions with no negative outcomes. This is known. No more experiments need to be performed using the same failed hypothesis.

Red Robin will offset minimum wage hikes by canning busboys

[MrPrena]

How do you figure?

Some wait staff will piss and moan about it. Others will be hustling because they understand that turning more tables equals a better customer experience and more opportunities for tips.

The end result of a forced labor cost change by governments to businesses doesn't yield a magical change where money materializes from good intentions with no negative outcomes. This is known. No more experiments need to be performed using the same failed hypothesis.

Red Robin will offset minimum wage hikes by canning busboys

Relative to money I spend, I usually get better service from minimum wage earners than some professionals.

Yes sub/income effect. Some minimum wage earners will cry and moan or some will get fraudstrated and enroll in MSTP program to become medical scientist.

As I said in first response,we need metrics to support social marginal benefit or social marginal cost from this.
Not backyard undergrad sissy diagram econ.

[68Charger]

Relative to money I spend, I usually get better service from minimum wage earners than some professionals.

Yes sub/income effect. Some minimum wage earners will cry and moan or some will get fraudstrated and enroll in MSTP program to become medical scientist.

As I said in first response,we need metrics to support social marginal benefit or social marginal cost from this.
Not backyard undergrad sissy diagram econ.

I see you're really trying to live up to the GMKITA title... lighten up, Francis.

The ones that are really pissed that they're not earning enough despite not working at it are the ones who will declare socialism to be the solution, IMHO... but paying them more despite them not working hard isn't a solution...
Not sure how to get those that are lost to thinking socialism/communism is the solution to capitalism rewarding others for hard work.

[Zundfolge]

I think a reasonably intelligent person with a good work ethic ought to be able to outpace minimum wage fairly quickly.

I'm 47 years old and have worked continuously since I was 16 (with a couple breaks in my late teens that add up to a total of maybe 3 months).
Over all that time, I've worked for minimum wage a total of 2 months. The first 30day probationary period at my very first job (at a Wendy's) and the first 30 day probationary period at my second job (busing tables at a Mr Steak). Other than that I never saw minimum wage ever again. I don't think I'm all that special either.

[ben4372]

Just by coincidence the paper had a story about restaurants and tipping and the trouble keeping staff at some of the high priced downtown trendy places. It was mostly funny that they were talking about how hard it was to get good help that will work for almost no money. They are going to add a surcharge to cover it. It will work itself out.