posted on Nov, 7 2013 @ 04:48 PM
No sucks to be you or more accurately anyone who buys goods or services at the airport.
Labor is a expense that WILL get passed onto consumers. Either people will pay the new, inflated prices or not. If they don't, business will have to
deal with smaller margins or close up shop and move to areas with better margins.
This is a favorite question of mine, what percentage of profit do you deem to be excessive? I'm not talking dollar amt, just percentage. The answers
I get tend to show you who owns a business and those who are clueless.
Is it 10%? 20%? Lets hear your number.
Of course the expense will be passed on.
And it's the american way of doing business. instead of getting good hard working people with lots of experience and who can do the job of 2 people.
they get the scraps from the bottom of the barrel that will work for anything and suck at what they do.
There is no such thing as excessive profit. If your product is good and business is good then you should earn whatever you get. However there is such
a thing as being greedy bastard and keeping more for yourself and not rewarding your employees for making you that money.
You keep your employees happy and more often than not they will be proud to work for you, they'll care about your customers getting good service
which will end up making you more money.