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Nobody seemed to address my concern that most waiters, don't really care too much about their job or the quality of their work. We start paying high wages to wa
by chad_strategic 5y ago
Nobody seemed to address my concern that most waiters, don't really care too much about their job or the quality of their work. We start paying high wages to waiters, it's going to show up in the bill. The restaurant already run at really low margins (pre covid), so paying waiters a signing bonus isn't really a long-term solution to increasing profit margins.
If a restaurant can't find waiters, because of high demand. Then the market will dictate the next move. I noticed a lot of armchair economists on this site, but times have changed. Maybe the ideas of order apps and Covid are going make ideas like:
> Nolan Bushnell, the former founder of Atari and Chuck E. Cheese, launched a restaurant chain in 2000 called uWink
a little more popular. When the costs of goods gets to expensive the market will adjust accordingly. Maybe getting rid of waiters or changing the business model of restaurants will be an unintended results of high demand for employees.
- totalZero 5y agoThere's also a potential that the wage hikes don't show up in the bill, and that operating margins shrink instead. Some restaurants won't be able to hack it in such a case, thinning out the herd and allowing remaining restaurants to capture some of that erstwhile revenue.