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Who would have thought. Amongst all the companies complaining they can’t find workers, they seem to all maintain a truly massive cognitive dissonance and lack

Who would have thought. Amongst all the companies complaining they can’t find workers, they seem to all maintain a truly massive cognitive dissonance and lack of complete self reflection. Good for Chipotle for demonstrating actual leadership. If anyone here is a fan of the tv show The West Wing, I always like the quote You are so fond of calling yourselves the "leaders of the free world." So, lead. I feel companies often so enjoy calling themselves and being called leaders in their industry but they forget to actually lead and demonstrate leadership

toomuchtodo 5y ago
Chipotle has repeatedly been found to perform wage theft at scale, so let’s not get excited too quickly until the results are in.
- pmiller2 5y ago
  You just described the entire food service industry. Chipotle is far from the only offender, or even the only big offender.
  - bigyikes 5y ago
    Can confirm, had wages stolen while working as a waiter.
07121941 5y ago
https://www.adweek.com/brand-marketing/amazon-renews-call-15-dollar-federal-minimum-wage/#:~:text=In%20CEO%20Jeff%20Bezos'%202018,competition%20that%20will%20benefit%20everyone.%E2%80%9D https://www.adweek.com/brand-marketing/amazon-renews-call-15... I'm no economist, but I'm pretty sure this just out prices small businesses. Bigger businesses can take the strain and get some great PR.
- bern4444 5y ago
  A fair point. Perhaps it will also outprice other similar sized businesses too though
- kevinventullo 5y ago
  One could view this as the efficiency gains due to economies of scale being passed on to workers.
- whimsicalism 5y ago
  Good, let's free up capital for enterprises that can better compensate workers.
  - Proven 5y ago
    wut? when was that not the case in the US? have top wages ever been capped? you completely misunderstand what's going on.
- arcticbull 5y ago
  This sounds like capitalism at work! And, not in a bad way for once haha. I've always found it interesting that the plague was one of the major drivers of the elimination of serfdom in western Europe. When half the population died, workers suddenly found themselves in high demand. They were able to demand better working conditions and dramatically higher wages. [1] I'm hoping for a softer version of this in high unemployment payments. Personally, I'm ok with business who can't afford to pay employees a living wage going under and being replaced by ones that are willing to. [1] https://en.wikipedia.org/wiki/Consequences_of_the_Black_Death https://en.wikipedia.org/wiki/Consequences_of_the_Black_Deat...
  - bern4444 5y ago
    I agree with you a good bit as well. This is a rare opportunity where employees have a slight upper hand and don't have to be dictated to for once. I think what many businesses of all sizes often forget is that you get back what you give, usually as a multiple. Further, this increased return is often overlooked or ignored since its not immediately measurable until the action (increasing employees' pay) is taken. The flip side being, an increase in wages is an immediately determinable cost and so becomes the initial focus.
  - ajmadesc 5y ago
    You have a lot of down votes with no comments
  - imtringued 5y ago
    I like the result. It's long overdue. Without Covid things could have gotten worse over the short term. However, I don't like the process. You can't just let the Fed/government follow a strategy because that strategy does not fulfill its stated goals which results in doubling down on the strategy. Increasing the money supply is only excusable if you do so to hit your 2% inflation mandate. The Fed needs more precise tools so that it can actually do its job without collateral damage. Relying on the government to send economic stimulus only works when the government actually thinks that the economy is in big trouble. It's a good fail safe but it doesn't help when your economy is limping at a low growth and inflation rate for a decade. It's easy to shoot down a infrastructure bill if the only reason it exists is to add 0.5% inflation from 1.5% so that you hit 2%.
proc0 5y ago
IMHO, the problem here is they could have done this before. Forcing them to do so has wider implications for smaller companies, so maybe the real solution could have been some way to specify which kind of companies should have a minimum wage. I think Chipotle is in a position to do this while many other companies wil ljust have to eliminate positions.
- true_religion 5y ago
  The minimum wage already eliminates positions. It’s just that thanks to inflation, every year more and more tenuous jobs can be made available since the minimum wage doesn’t track the rising revenue. Given enough time, the minimum wage would simply cease to be impactful. We should reset the minimum wage to at least levels on par with what it would be inflation adjusted. That impact on the economy was the intention of the law in the first place. Jobs that are lost are jobs we never intended to exist in the first place. Remember, you can still do lower than minimum wage work if you work for yourself. With a hiked wage, no longer will corporations be able to capture this section of the market, and instead small businesses can do it instead which would be more stimulative for the economy.
  - proc0 5y ago
    > Jobs that are lost are jobs we never intended to exist in the first place. I'm not so sure of that, we couldn't possibly assess the full impact here, but I guess we'll see what happens. I would think constraining large companies only would be the solution here, and small companies have more options because presumably the employer and employee relationship is much tighter and they can sort things out better. Hope it works out for the best.
  - thatguy0900 5y ago
    Wasn't the original minimum wage meant to support a family on one income? Is that really a realistic goal in a modern two worker family setting?
    - bern4444 5y ago

toomuchtodo 5y ago

Chipotle has repeatedly been found to perform wage theft at scale, so let’s not get excited too quickly until the results are in.

pmiller2 5y ago
You just described the entire food service industry. Chipotle is far from the only offender, or even the only big offender.
- bigyikes 5y ago
  Can confirm, had wages stolen while working as a waiter.

07121941 5y ago

https://www.adweek.com/brand-marketing/amazon-renews-call-15-dollar-federal-minimum-wage/#:~:text=In%20CEO%20Jeff%20Bezos'%202018,competition%20that%20will%20benefit%20everyone.%E2%80%9D https://www.adweek.com/brand-marketing/amazon-renews-call-15... I'm no economist, but I'm pretty sure this just out prices small businesses. Bigger businesses can take the strain and get some great PR.

bern4444 5y ago
A fair point. Perhaps it will also outprice other similar sized businesses too though
kevinventullo 5y ago
One could view this as the efficiency gains due to economies of scale being passed on to workers.
whimsicalism 5y ago
Good, let's free up capital for enterprises that can better compensate workers.
- Proven 5y ago
  wut? when was that not the case in the US? have top wages ever been capped? you completely misunderstand what's going on.
arcticbull 5y ago
This sounds like capitalism at work! And, not in a bad way for once haha. I've always found it interesting that the plague was one of the major drivers of the elimination of serfdom in western Europe. When half the population died, workers suddenly found themselves in high demand. They were able to demand better working conditions and dramatically higher wages. [1] I'm hoping for a softer version of this in high unemployment payments. Personally, I'm ok with business who can't afford to pay employees a living wage going under and being replaced by ones that are willing to. [1] https://en.wikipedia.org/wiki/Consequences_of_the_Black_Death https://en.wikipedia.org/wiki/Consequences_of_the_Black_Deat...
- bern4444 5y ago
  I agree with you a good bit as well. This is a rare opportunity where employees have a slight upper hand and don't have to be dictated to for once. I think what many businesses of all sizes often forget is that you get back what you give, usually as a multiple. Further, this increased return is often overlooked or ignored since its not immediately measurable until the action (increasing employees' pay) is taken. The flip side being, an increase in wages is an immediately determinable cost and so becomes the initial focus.
- ajmadesc 5y ago
  You have a lot of down votes with no comments
- imtringued 5y ago
  I like the result. It's long overdue. Without Covid things could have gotten worse over the short term. However, I don't like the process. You can't just let the Fed/government follow a strategy because that strategy does not fulfill its stated goals which results in doubling down on the strategy. Increasing the money supply is only excusable if you do so to hit your 2% inflation mandate. The Fed needs more precise tools so that it can actually do its job without collateral damage. Relying on the government to send economic stimulus only works when the government actually thinks that the economy is in big trouble. It's a good fail safe but it doesn't help when your economy is limping at a low growth and inflation rate for a decade. It's easy to shoot down a infrastructure bill if the only reason it exists is to add 0.5% inflation from 1.5% so that you hit 2%.

proc0 5y ago

IMHO, the problem here is they could have done this before. Forcing them to do so has wider implications for smaller companies, so maybe the real solution could have been some way to specify which kind of companies should have a minimum wage. I think Chipotle is in a position to do this while many other companies wil ljust have to eliminate positions.

true_religion 5y ago
The minimum wage already eliminates positions. It’s just that thanks to inflation, every year more and more tenuous jobs can be made available since the minimum wage doesn’t track the rising revenue. Given enough time, the minimum wage would simply cease to be impactful. We should reset the minimum wage to at least levels on par with what it would be inflation adjusted. That impact on the economy was the intention of the law in the first place. Jobs that are lost are jobs we never intended to exist in the first place. Remember, you can still do lower than minimum wage work if you work for yourself. With a hiked wage, no longer will corporations be able to capture this section of the market, and instead small businesses can do it instead which would be more stimulative for the economy.
- proc0 5y ago
  > Jobs that are lost are jobs we never intended to exist in the first place. I'm not so sure of that, we couldn't possibly assess the full impact here, but I guess we'll see what happens. I would think constraining large companies only would be the solution here, and small companies have more options because presumably the employer and employee relationship is much tighter and they can sort things out better. Hope it works out for the best.
- thatguy0900 5y ago
  Wasn't the original minimum wage meant to support a family on one income? Is that really a realistic goal in a modern two worker family setting?
  - bern4444 5y ago