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> “The BSC-managed clubs now have matching payroll taxes, unemployment compensation, workman’s compensation, Healthy San Francisco costs, Affordable Care Insura
by brandmeyer 7y ago
> “The BSC-managed clubs now have matching payroll taxes, unemployment compensation, workman’s compensation, Healthy San Francisco costs, Affordable Care Insurance costs, and SF sick leave pay for several hundred new employee entertainers in addition to the hourly wage,” he wrote.
Translation: "Our business was profitable only when we got to avoid following the same rules that all other employers have to follow." That goes for both the entertainers and the establishments.
Sounds like this is the expected result to me. In a free and fair market, price is a genuine signal of relative scarcity. CA has removed a particular factor that skewed prices in some labor markets. The result should be a correction in those markets.