They could but that could decrease profits and decrease stock value which would anger the investors and cause them to switch cfo or ceo or some other multi million dollar position which they can’t
🤣🤣🤣 decrease the stock value.....as if all restaurants are corporate
It wouldn't decrease profits it would most likely increase them. Think about it if you force the restaurant to pay $20 an hour and the restaurant averages forty $12 burgers an hour, they do this with two servers both with 4 table sections and they were paying them $4 per hour. So that's an increase of $16 per hour X 2 = $32. Now that the owner has to come up with an additional $32 an hour just to maintain, do you think he adds a dollar to the burger, or do you think he only marks up the exact amount to cover the expense? We both know what happens here whether we agree with it or not.
It would be both, remember it's not just one restaurant that would be forced to pay, they all would have to. You could make the argument that some would decrease the portion size to make up the difference. In some cases that wouldn't be a bad thing.
53
u/Lonely_Animator4557 Jan 15 '22
They could but that could decrease profits and decrease stock value which would anger the investors and cause them to switch cfo or ceo or some other multi million dollar position which they can’t