An interesting take: the government is proposing minimum wage standards for gig workers. The paper went with ‘Now you might have to pay up to $15 to get fast food delivered’.
An interesting take: the government is proposing minimum wage standards for gig workers. The paper went with ‘Now you might have to pay up to $15 to get fast food delivered’.
it’s been shown time and time again that labor cost increases alone do not affect the cost of fast food that much… it’s stacking incessant corporate greed on top of wage increases and other ‘excuses’ that jacks the end price up by ridiculous amounts.
Source?
i used to work in fast food management, food cost and labour cost used to run at about 30% each on average.
if labour cost went up 10% suddenly (yeah right), the businesses total expenses would have increased by a massive 3%. So you’re $12 big mac meal would need to rise to $12.36 to keep up with the increased cost.
When was the last time any of us saw such a small increase in anything when it goes up? And when was that due to increased labour?