Dunkin' CEO: $15 minimum wage is 'outrageous'

a reply to: ugmold
you all point out starbucks not being hurt by giving out raises but that is probably why there coffee is
8 bucks a cup i gues i wouldn't know i make 16 an hour and star bucks to high for me. and dunkin doughnuts are already high if they had to pay 15 an hour to the counter help i gues i will sticj with krispy kreme

But now some workers in Seattle are finding that the higher wage is forcing them off the welfare programs they would rather stay enrolled in and, instead of celebrating their higher income, they are imposing fewer work hours on themselves in order to stay on assistance.

Seattle’s KIRO-TV recently spoke to a nursing nonprofit that admitted that some workers are trying to cut hours and earn less to avoid losing assistance. In another case, a local radio station has been talking about the story.

“If they cut down their hours to stay on those subsidies because the $15 per hour minimum wage didn’t actually help get them out of poverty, all you’ve done is put a burden on the business and given false hope to a lot of people,” said KIRO-FM’s Jason Rantz said this week.

There have been other unforeseen consequences to the higher wage. Some restaurants are tacking on a 15 percent surcharge onto customer’s bills in order to avoid firing workers.

Other stores, restaurants, and small businesses are simply closing down because they can’t afford the wage hike. By March of this year, for instance, restaurant closings increased at a much higher than average rate in Seattle.

Many restaurants noted that the new wage put labor costs at nearly 50 percent of operating costs, and that made profit margins disappear. www.breitbart.com...

Guess many of the workers are really not interested in getting out of poverty, it apparently is rather pleasant to remain on the taxpayers dime. But now the employers are still on the hook because they need employees to fill those hours tossed back to them from the uninterested workers. And if the source is offensive, look it up yourself. There were many sources with the exact same wording that are reputable.

There are some jobs that just don't require much work and spend most of time doing nothing or in standby mode.
I think minimum wage should be distinguished into 2 types at the least.

1. Service - fast food service, cashier/counter works, deliverymen, etc..
2. Technical skills - machine operation, programming, mechanics, etc..

Technical sector's minimum wage should be paid at least about 15% or more than the service sector.

E.g. in 2018~2020

Counter work at Dunkin's minimum wage $12.5 / hour
Data entry work $15 / hour

originally posted by: muse7
I'm sorry but $15 bucks an hour for fast food workers IS outrageous.

The CEO might be overpaid but he probably went to university and busted his ass at school to at least deserve some of the money he's making.

If these people want to make $15 an hour then they should go to college and get a degree in something useful that's in demand or learn a trade that's in demand.

So tell me...if everyone were suddenly as qualified as him, do you think that they would all being earning what he earns? No, he would be earning what they earn.

Apparently you have never worked fast food. It is hard work.

Wow.
"Deserve, deserve, deserve!"

You all voted for the (so-called!) "free" and globally networked market economy.
Now you have to compete with the abyss. THATS what you "deserve".

What about your average individual middle-class entrepreneurs who have to close business because they can't make their numbers work anymore because of unrealistic wage expectations?
Surely they "deserve" better numbers??

I can't believe what I'm hearing from the U.S. lately... but WE are the socialists of course. Pffft.

*eta:

originally posted by: StoutBroux
Other stores, restaurants, and small businesses are simply closing down because they can’t afford the wage hike. By March of this year, for instance, restaurant closings increased at a much higher than average rate in Seattle.

Exactly my point.

In America the minimum wage should be enough to keep people out of the working class poor, those that works two jobs and still receive government assistance

This will keep the tax payer from the burden of having to pay for those shortcomings.

Anybody that think that 15 dollars minimum wages is outrageous should understand that more outrageous is the fact that the so call CEOs love to keep people living like slaves while they reap the profits, while been very happy with passing the bill to the working class tax payers

They are corrupted, dirty and they do not care who their workers or slaves are because that is not their concern all they care is their profit margins and their lavish lifestyles .

originally posted by: ugmold
CEO of Dunkin Donuts, a Man who makes $500 an hour, finds it outrageous that fast food workers should make $15 an hour.

This whiny creep who is extremely overpaid, like most all CEO's, their only skill is to be a Ruthless Bastard.

"It's going to affect small businesses and franchises," Travis said in an interview with CNN's Poppy Harlow. He said it would prevent his multi-billion dollar company from hiring new people.

Funny Starbucks wage hikes didn't hurt them a bit. It's once again sucking up to the bloated Investors who do nothing but shuffle their Money around, the Money Changers, the only people Jesus hated. I hate them too.

Listen to the Creep at CNN

Sigh. The ignorance about this issue is astounding.

1) Dunkin Donuts Franchises out their brand.
2) Starbucks does not franchise in America

I understand that simple people like you exist, but as a business owner myself, I will ATTEMPT to break down the reality of it.

Wages do NOT come from a tree. Owners must PAY them. There are only a few ways in which you can handle a wage increase being FORCED by Government's hand

1) Increase cost of goods or services to offset
2) Reduce workforce
3) Automate
4) Sell business

Here in Los Angeles we have a ton of food places. In fact we almost have nothing else left other than restaurant & fast food. Imagine in 2 years from now when $15/hour kicks in.

1) ALL the trade skilled people will apply for fast food jobs. Why bust you butt doing cable installation or working at a milling plant, when you can flip burgers? This will effect other industries as people will leave TRADES, and an over-surplus of food workers will flood the market while many restaurants will downsize

OR

2) Restaurants will go out of business and change their business model entirely. And workers in the indsustry will be rare, expected to do more, and crosstrain

If automation happens, kiss the entire industry goodbye. And COUNT on it happening when the Govt. FORCES you to adapt.

Franchise owners are not "RICH". Sure they make over 100,000 yearly per franchise, maybe less after taxes or depending on their location. But you tell a guy like that who DESERVES the profit he makes that he has to HALF his take home virtually overnight? He'll either sell out, or reduce force.

Starbucks has a monopoly on coffee, which is a big difference. They also have outrages prices and profits for coffee and their Corporate guys and shareholders know there are costs shifted in pricing. Walk into any Starbucks midday and tell me there isn't a line to the door.

Starbucks CAN afford to do it. Franchises who have a few customers cannot.

When and IF a $15 per hour rule kicks in, it will throw the whole 'Market" off because "The Market" will begin asking "Do Burger Flippers deserve $15 an hour?" If the answer is yes, then other jobs will be questioned for higher pay

If the answer is NO, then it won't survive. And the food industry will not be profitable, so many will leave or sell.

That is FREE MARKET economics VS. State Induced wage hikes. They both cannot co-exist across the board. Someone has to lose. The emotional appeal of $15 an hour to bag fries is a nice thought, but on PAPER can it be sustained? And if it is sustained, then we will have an economy based on FOOD as a baseline or as a goal post.

THAT is a bad idea and NO economy can survive that.

originally posted by: marg6043
In America the minimum wage should be enough to keep people out of the working class poor, those that works two jobs and still receive government assistance

This will keep the tax payer from the burden of having to pay for those shortcomings.

Anybody that think that 15 dollars minimum wages is outrageous should understand that more outrageous is the fact that the so call CEOs love to keep people living like slaves while they reap the profits, while been very happy with passing the bill to the working class tax payers

They are corrupted, dirty and they do not care who their workers or slaves are because that is not their concern all they care is their profit margins and their lavish lifestyles .

And it's always SIMPLETONS like you that don't realize that business owners may not be MAKING enough for the numbers to work.

If an owner makes for example 100,000 per year net by paying his employees $9.00 an hour. He will make $50,000 if you raise their wages to $18.00 per hour, with all things be equal (overhead, taxes, rent, costs, etc)

Jumping from $8 to $15 is a that's a 47% INCREASE

So all things being equal, you have to TAKE that money out of the pocket of the OWNER, which means he has to DECREASE his take 47%...which means he takes home is $53,000

What single business owner would do that???

His employees would make almost as much as him

So Mr./Mr.s business owner has to think of another way

1) Increase cost
2) Automate
3) Sell business

Automation is hard if the position is a physical one so that can only happen for some jobs.
Increasing cost of goods or selling the store is the only logical step left.

So then what? One affects the other, so when I (as a business owner) hear people like you, who don't understand how much WORK and STRESS goes into a business, it makes me very angry to be honest. Because you're children...you think the world is cotton candy and roller coasters.

a reply to: BatheInTheFountain

Starbucks offers an alternative to Franchises in the US, in my neck of the woods is two of these that the only hospital in the area runs under their food and services, is going to be a third store that will be run by Starbucks corporate to compete with the other two, while the first two are located inside the hospital property the third one will be independant

"How Much Does a Starbucks Franchise Cost?" The answer to this question is very simple. Starbucks actually isn't a "franchise." Starbucks claims to offer a variety of flexible coffee and tea "programs" (or stores) for a variety of different markets. Some of these markets include colleges & universities, healthcare, hotels & resorts and existing restaurants. They also will consider qualified high volume or high traffic retail locations, so if you qualify for any of the above, it may be worth a shot inquiring about how these programs work.

franchises.businessmart.com...

a reply to: StoutBroux

Yes, one unconfirmed story and a radio talk show host is all you need to show that people are asking for less hours to stay on welfare.

Denying ignorance indeed.

Classic Breitbart though.

Talk about a small sample size.

originally posted by: marg6043
a reply to: BatheInTheFountain

Starbucks offers an alternative to Franchises in the US, in my neck of the woods is two of these that the only hospital in the area runs under their food and services, is going to be a third store that will be run by Starbucks corporate to compete with the other two, while the first two are located inside the hospital property the third one will be independant

"How Much Does a Starbucks Franchise Cost?" The answer to this question is very simple. Starbucks actually isn't a "franchise." Starbucks claims to offer a variety of flexible coffee and tea "programs" (or stores) for a variety of different markets. Some of these markets include colleges & universities, healthcare, hotels & resorts and existing restaurants. They also will consider qualified high volume or high traffic retail locations, so if you qualify for any of the above, it may be worth a shot inquiring about how these programs work.

franchises.businessmart.com...

Starbucks is LITERALLY a Coffee Monopoly. They have a market cornered and their shares remain stable. They have overpriced coffee, cups, grounds, food...and people buy it. Their market DEMAND is high, so they can afford higher rates. They are ALSO dropping workers in stores.

There is a Starbucks at my mall where ONE guy runs the entire show. People are complaining because he runs and sweats, and when we offer to tip him, he has to refuse.

Let's take a WILD guess why this is happening.

a reply to: BatheInTheFountain

And it's always SIMPLETONS like you that don't realize that business owners may not be MAKING enough for the numbers to work.

That sentence show how smart you are indeed, keep it up you doing extremely well.

The thing that angers me the most as a business person is the LEVEL of ignorance about "The Market" in general. Some of you here are flat out children. The thinking behind it shows you have ZERO experience in business and economics.

You think the world SHOULD do things for you, instead of what the world is ABLE to do for you.

But I blame this new generation of weak and lazy entitled young people who spend their lives on SnapChat and think life is supposed to be about "getting paid them dollars" for nothing.

There are MACHINISTS who are making $15. And you want the STATE to introduce law to make a Burger Flipper on his same playing field? A "Barista" ??

Listen, if that's the type of economy you want, go for it. But the U.S. cannot sustain it. Try it though. You guys VOTE unfortunately. We'll all suffer from your ignorance...I have NO DOUBT about that

Simple question: why is a significantly huge portion of one person's life worth more money than the same amount of another person's life? Who gives a # how much they know. Boo-hoo, you spent 4 years getting a degree. So that justifies you making 5000 times what someone who didn't do that? You inherited your daddy's factory. That means the 40 hours a week you work for the rest of your life is more valuable than a dude that pushes a mop for 40 years?

Such bull#.

originally posted by: BatheInTheFountain

originally posted by: AshOnMyTomatoes
Simple question: why is a significantly huge portion of one person's life worth more money than the same amount of another person's life? Who gives a # how much they know. Boo-hoo, you spent 4 years getting a degree. So that justifies you making 5000 times what someone who didn't do that? You inherited your daddy's factory. That means the 40 hours a week you work for the rest of your life is more valuable than a dude that pushes a mop for 40 years?

Such bull#.

Again, another childlike thinker.

So you think most 'rich' people have it given to them??? Most of the Millionaires in the world are SELF MADE. But people like you don't know that since you don't know Business Owners.

Degrees are overrated. But take a Trade or Skill. Do you not think that your knowledge of HTML or coding or programming is a more valuable resource than "Would you like fried with that?"

It's unbelievable that fast food workers, the almost bottom rung of SKILL level, is demanding a wage hike of nearly 50%. I understand that minimum wage doesn't buy much, but this is NOT the answer.

It is your GOVERNMENT that is making resources expensive, over taxing while not providing, regulating people to Hell..etc.etc.

But people like you probably think a Nurse (4 year degree) should be on the same playing field as a Janitor.

I'm a #ing astrophysicist. What is so hard to understand about paying someone a decent wage, in compensation for devouring a portion of their conscious time on Earth? A CEO that built his own company that lives to 80 spent just as much of his life working as anyone else. Why is his time magically worth more?

a reply to: AshOnMyTomatoes

Wait, are we debating the worth of someones "TIME"? Or their worth as a WORKER?

WTF??

originally posted by: BatheInTheFountain
a reply to: AshOnMyTomatoes

Wait, are we debating the worth of someones "TIME"? Or their worth as a WORKER?

WTF??

Why is this NOT the debate?