Current Events > A burger joint in Seattle raised its min wage to 19 dollars an hour

(+) Yeah! (+)

https://twitter.com/danpriceseattle/status/1441110785917210628?s=21

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Good

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Conservatives like being poor or the few that are rich like keeping everyone else poor

the problem there is that the CEO of Dick's doesn't make 10,000x the salary of the peons so he can only afford like one yatch. is that really a world you want to live in?

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Big Dick move
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Shame no one wants to work anymore and everyone's looking for handouts. They won't even fill those positions.

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Enjoy paying $50 for a steamed ham!!!

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Giant_Aspirin posted...

the problem there is that the CEO of Dick's doesn't make 10,000x the salary of the peons so he can only afford like one yatch. is that really a world you want to live in?

more that he doesnt have shareholders to answer to

CEO compensation pales before the ever-rising demand to deliver "value" to shareholders by spending your profits on share buybacks to inflate earnings per share statistics artificially and drive the share price up

I consistently see that organizations that are not publicly held have a tendency to be better for workers. The main representatives for the retail shareholders are Vanguard and Blackrock (via their ETF and index fund ownership of huge fragments of basically every company), whose boardroom presence can be summarized as "Bitch, where's my money?"

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$1.80? Errr, how big are these burgers? I can't imagine they're getting ground beef for under like $2-$3/pound unless they getting like the cheapest frozen garbage they can find. Aren't restaurants notorious for razor-thin margins to the point that most people just recommend taking the start-up capital and investing it unless it's something you love? Sounds a little odd to me tbh.

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Simp posted...

$1.80? Errr, how big are these burgers?

1/8 lb and the $1.80 one comes w/no condiments.

https://www.ddir.com/menu/

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https://www.seattlepi.com/lifestyle/food/article/dicks-drive-increases-minimum-wage-2021-16482022.php


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Smashingpmkns posted...

Big Dick move

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i've had dick's burgers, it's great. glad they're raising the minimum wage.

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Giant_Aspirin posted...

1/8 lb and the $1.80 one comes w/no condiments.

https://www.ddir.com/menu/

Ah, thanks for that. I don't know why it didn't occur to me to just look it up. That makes more sense, I was thinking like a quarter pound and wondering how that could possibly work. I read that like 60% of new restaurants fail within the first year and 80% fail within the first 5. The prevailing sentiment in the industry seems to be that there's not enough profit in it to be worth the effort. If this model works for them then power to them, but idk how feasible this is for most places tbh.

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Simp posted...

Ah, thanks for that. I don't know why it didn't occur to me to just look it up. That makes more sense, I was thinking like a quarter pound and wondering how that could possibly work. I read that like 60% of new restaurants fail within the first year and 80% fail within the first 5. The prevailing sentiment in the industry seems to be that there's not enough profit in it to be worth the effort. If this model works for them then power to them, but idk how feasible this is for most places tbh.

I guarantee you that there will be no follow-up from the TC on this if the place goes under

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FL81 posted...

I guarantee you that there will be no follow-up from the TC on this if the place goes under

they've been around since 1954, i suspect they'll do just fine

https://en.wikipedia.org/wiki/Dick%27s_Drive-In

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FL81 posted...

I guarantee you that there will be no follow-up from the TC on this if the place goes under

boot licking living on your knees for slave wages

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FL81 posted...

I guarantee you that there will be no follow-up from the TC on this if the place goes under

OTOH, can we count on you to follow-up if this place is doing just fine in a few years?

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Giant_Aspirin posted...

OTOH, can we count on you to follow-up if this place is doing just fine in a few years?

alt right have no shame def not

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Dick's burgers are great. They are what McDonald's promises to be but fails to do.

Simp posted...

$1.80? Errr, how big are these burgers? I can't imagine they're getting ground beef for under like $2-$3/pound unless they getting like the cheapest frozen garbage they can find. Aren't restaurants notorious for razor-thin margins to the point that most people just recommend taking the start-up capital and investing it unless it's something you love? Sounds a little odd to me tbh.

People usually get multiple burgers (2-3) so they end up spending about 4 or 6 bucks. Plus fries and shake. The burgers are very tasty as well IMO.

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Giant_Aspirin posted...

OTOH, can we count on you to follow-up if this place is doing just fine in a few years?

I'd be glad to

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Well shit, I only get two weeks

Seattle has a very high cost of living, so this is probably necessary to keep them staffed with employees that don't hate their jobs.

Giant_Aspirin posted...

they've been around since 1954, i suspect they'll do just fine

https://en.wikipedia.org/wiki/Dick%27s_Drive-In

I mean there's obviously a difference between a place starting out and an established one, and ftr I can't imagine they'd be flippant enough to do something like this unless they were pretty confident it would work. And they'd know better than anyone here. I don't mean to imply that I don't think this will work for them, I'm just having a hard time reconciling it with my own experiences in the food industry.

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Giant_Aspirin posted...

they've been around since 1954, i suspect they'll do just fine

https://en.wikipedia.org/wiki/Dick%27s_Drive-In

According to that, they've been open for 60+years, with 7 locations, including a new one they are opening up this year and a new one they just opened 3 years ago.

They are probably going to be just fine going down the road. They're handing out raises and have opened two new stores in the last three years. Not exactly the sign of a struggling business...


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Turns out the notion the rich have been peddling that you can't pay service workers livable wages is complete and utter bullshit. Who'd have thought.

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3PiesAndAFork posted...

Turns out the notion the rich have been peddling that you can't pay service workers livable wages is complete and utter bullshit. Who'd have thought.

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Sackgurl posted...

more that he doesnt have shareholders to answer to

CEO compensation pales before the ever-rising demand to deliver "value" to shareholders by spending your profits on share buybacks to inflate earnings per share statistics artificially and drive the share price up

I consistently see that organizations that are not publicly held have a tendency to be better for workers. The main representatives for the retail shareholders are Vanguard and Blackrock (via their ETF and index fund ownership of huge fragments of basically every company), whose boardroom presence can be summarized as "Bitch, where's my money?"

I've had the opposite experience, fwiw

Big publicly traded corporation had standards

Locally owned place wanted a yacht

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Wasn't there a CEO who raised the minimum pay of all his employees to 70k?

This lead to happier and more loyal employees, so much that when the company did face financial hardship they voluntarily lowered their pay until everything got back on track.

Of course they were compensated with back pay after the fact plus extra.

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LightningAce11 posted...

Wasn't there a CEO who raised the minimum pay of all his employees to 70k?

This lead to happier and more loyal employees, so much that when the company did face financial hardship they voluntarily lowered their pay until everything got back on track.

Of course they were compensated with back pay after the fact plus extra.

Yeah. That's the dude who tweet this.
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If it works, that's great. If not, oh well.

Good for them, but I fucking hate Dan Price

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