So it begins- Wendy's To Switch To Self Ordering and Automation To Avoid $15/hr Wage hike
- Thread starter Deadpool1986
- Start date
beenz
Rap Guerilla
there used to be a major price difference between someplace like five guys and wendy's, which is why I would fukk with them. but when wendy's out here charging like $8 for a meal and I can get better food at five guys for like $10, there's not question over which one I'd choose.
ℒine ☈acks
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fast food workers out in these streets demanding comparable wages to some college grads
go to college to make 15 bux an hour
...
So u just throw out some number for there price increase that u haven't done the study to see if it would even be accurate. Who said anything about a 30-50% increase...only you did. It wouldn't have to be that high actually...more like 10-20% because with the increase in wages MORE customers will be coming through the door also. Let's not gas a hypothetical price increase just so u can find a reason to use a corny smiley face
People go to Shake Shack and others in that class because they are new and haven't been around forever like McDonald's and Wendy's have been. No matter how big they get, none of them will ever be as big as McDonald's was at its height because people will not want to pay those prices for fast food all the time.
. We need real solutions, thanks
fast food workers out in these streets demanding comparable wages to some college grads
Think $15 an hour is a wage a college graduate should make brehs.
↓R↑LYB
I trained Sheng Long and Shonuff
I'm assuming you haven't since you made that statement.
So u just throw out some number for there price increase that u haven't done the study to see if it would even be accurate. Who said anything about a 30-50% increase...only you did. It wouldn't have to be that high actually...more like 10-20% because with the increase in wages MORE customers will be coming through the door also. Let's not gas a hypothetical price increase just so u can find a reason to use a corny smiley face
So they'll raise the wages that they're paying these guys by 50-60% and that would only be a 10-20% rise in costs.
If that would happen, I'd suspect they're serving people even worse quality food than now. And since when do people go to eat at a fast food place because of what they pay their employees? I thought it was about quality, taste, and price. Since when do employee's paychecks factor in?
These folks are pretty much paving the way for America to be a 3rd world country. A lot of college degree holders already can't find jobs, so they have to work at some of these less-skilled jobs like Wal-mart or fast food. When most of those jobs dry up due to robotics, what do you think will happen? The educational industry is about to blow up once people stop going to college because they can't even get a McDonalds job, much less some high paying one.
It's also interesting that people are buying the myth that their 'high-skilled' jobs are safe. WHEN they have the expertise to automate that, that'll be gone too. Just look at a program like Turbo Tax. It may not affect the skilled tax accountants, but you can bet it cost a few people their jobs. Once they can create software to automate some of the more complex things or even create a way for foreign accountants who are willing to work for cheap to do the job remotely, jobs will start to evaporate there too.
It's also interesting that people are buying the myth that their 'high-skilled' jobs are safe. WHEN they have the expertise to automate that, that'll be gone too. Just look at a program like Turbo Tax. It may not affect the skilled tax accountants, but you can bet it cost a few people their jobs. Once they can create software to automate some of the more complex things or even create a way for foreign accountants who are willing to work for cheap to do the job remotely, jobs will start to evaporate there too.
People won't go to Wendy's more because of what they pay their employees...they will go more because that pay increase will not only be for Wendy's employees...it's a federal pay raise...everyone will have more disposable income...part of the equation has to be the rise in customers due to this influx of finance to individuals.So they'll raise the wages that they're paying these guys by 50-60% and that would only be a 10-20% rise in costs.
And since when do people go to eat at a fast food place because of what they pay their employees? I thought it was about quality, taste, and price. Since when do employee's paychecks factor in?
Second the quality of food won't dwindle because they have already locked in workable prices at these rates...when companies pay prices for beef of that quantity for example they buy the commodity at a fixed rate for a number of mos/years...with a nationwide pay increase and the increase of customers through the door, they may need to make some adjustments, but probably nothing major.
Let's be real here...Wendy's food prices are not priced so that they simply break even...they could lower prices and probably still make a profit today...they're a business for profit after all
...but they definately have wiggle room to adjust prices to cover costs anticipating more customers buying there products with wage raises. Five guys sells there fare for that 30-50 increase you were talking about...Wendy's has room to adjust their prices, not as high as five guys, but still higher and make it happen.
People won't go to Wendy's more because of what they pay their employees...they will go more because that pay increase will not only be for Wendy's employees...it's a federal pay raise...everyone will have more disposable income...part of the equation has to be the rise in customers due to this influx of finance to individuals.So they'll raise the wages that they're paying these guys by 50-60% and that would only be a 10-20% rise in costs.
And since when do people go to eat at a fast food place because of what they pay their employees? I thought it was about quality, taste, and price. Since when do employee's paychecks factor in?
Second the quality of food won't dwindle because they have already locked in workable prices at these rates...when companies pay prices for beef of that quantity for example they buy the commodity at a fixed rate for a number of mos/years...with a nationwide pay increase and the increase of customers through the door, they may need to make some adjustments, but probably nothing major.
Let's be real here...Wendy's food prices are not priced so that they simply break even...they could lower prices and probably still make a profit today...they're a business for profit after all
...but they definately have wiggle room to adjust prices to cover costs anticipating more customers buying there products with wage raises. Five guys sells there fare for that 30-50 increase you were talking about...Wendy's has room to adjust their prices, not as high as five guys, but still higher and make it happen.
Techniec
Drugs and Kalashnikovs
It is so easy to fleece the American people because all you have to do is appeal to their sense of superiority. People think fast-food workers asking for $15 an hour is outrageous when, if wages kept up with inflation, they should actually be making around $20 an hour. Some people feel safe and smug that it's not their job being affected YET, but they'll change their tune real quick when they find out that their job isn't safe either. What do you think things like machine learning will do? Or how about when you have an influx of new college graduates flooding into your field because it's one of the few lucrative ones left? And with more and more technologies allowing for remote work, how about if they decide to uproot your job and ship it into a nation where they can hire two or three engineers for the price of what they were paying you who have the same, if not better credentials?
IDGAF as long as the spicy nuggets and baconator are hot and fresh.