Posted on 02/25/2015 10:26:11 AM PST by shove_it
You read something online from a Google search about restaurant labor costs...not realizing that labor % refers to full service restaurants. Then you find (through a Google search, I guess) a page about automation by a company that provides automation that says its about manufacturing and retail, but all the examples apply to manufacturing.
Google can find information for you. It cannot understand for you.
Wow, that treatment at the gas station must’ve made one feel like royalty. Now we just shelp our heaps to the pump and fill it. My 13 y/o car has rust all over it. Used to wash and wax it but what’s the point?
Ok so how much does a $3.99 big mac costs of labor is $20/ per hour ? 50 bucks! 100 bucks! What? YOU DO ANALYSIS YOU LAZY < deleted >.
From your link
#1 increasing your productivity and profitability
(ie cost and profit)
#2 Save your business money and productivity
(ie cost and profit)
#3 Remove the risk for your staff and save yourself the trouble
(ie cost and profit)
#4 reduce manufacturers operating costs by extending operating hours without additional labour and reducing rework and scrap rates
(ie cost and profit)
#5 perform repetitive tasks with an accuracy and repeatability
(ie cost and profit)
More than doubling minimum wage would have a greater impact than any of these. Change that 35% of total costs by multiplying by nearly 3 and compare that result.
You do understand that not all of the cost of a big mac is labor right? You do get that right?
The problem is for manufacturing, the automation being done now is in Asia and not here since we gave them our factories on a silver platter.
If McDonald’s plans on automating some of its processes those plans are going to go ahead whether the minimum wage goes up or down. Those plans are going to go forward.
Things that have been automated would still be automated whether minimum wage was .25/hr
False.
Why are factories in Asia where wages are tiny being automated?
What you can know for sure is that it will increase costs and cause disruption. You can know for sure there will be fewer employees at a higher minimum wage. This will come as a result of all of these: fewer Big Macs sold at a higher price point, fewer Franchise locations over time, and greater automation in existing restaurants.
Not long ago the ladies could get an attendant at the gas station to pump the gas, wash the windows and check/adjust the tire pressure by paying a few cents/gal extra for “full service” but I haven’t seen any of those service stations lately. Now the only service is built into the car’s or the gas pump’s automation controls or performed by a surly Paki clerk behind bulletproof glass collecting cash. The rest is do-it-yourself. That’s the way most everything seems to be headed.
You can bet McDonalds knows the unit cost for every thing they sell. Labor to the penny. So are you one of those “10 dollar hamburger if minimum wage doubles” people. If so you are being ridiculous.
Cost and profit.
I have not made any claim that minimum wage is the only reason to automate. But if you think raising minimum wage from current levels to $20 as this article discussed would not drive additional automation, you are mistaken.
When I was getting ready to graduate from high school my mother was babysitting for a couple. He was a regional manager at Walmart (1976). He tried to convince me to come to work for him and the store instead of going to college.
My parents would have none of it even though I was soon to be 18 and was going to pay for it myself. I went to the Univ of Ark instead.
DOH! Wish I had taken him up on the offer.
The "unintended consequences" would overwhelm whatever positive effect may be created. It can be no other way. Call a minimum wage what it is...price controls applied in this case to labor. The market will not be denied.
You can put lipstick on a pig, but you cannot make it fly.
It is terribly easy, as a young man starting out, to get on a path which, late or soon, turns into or reveals itself as a dead end.
Hit a dead end, and you are overqualified and under qualified, both. And overextended as well. it is a mess. I feel for you.
I had significant savings, but really, exogenous factors bailed me out. I don’t have an answer. Of all the times to be in your situation! A Great Recession to deal with at the same time!
You’re right. The problem started a long time before they ended up voting in Obama. Obama is just the result, not the start of our troubles.
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