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riddle me this tomorrow you're the starbucks CEO instead of focusing on maximizing shareholder profit, you want to keep profit the same as it is now, but you

riddle me this tomorrow you're the starbucks CEO instead of focusing on maximizing shareholder profit, you want to keep profit the same as it is now, but you also want to be a good moral person and listen to the complaints about "baristas need to be able to make $16/hr and have up to 5 'i can't come in for whatever reason despite being scheduled and i don't want to rush to get it covered/make it the store's problem and not mine' days a quarter" how much MORE do you have to raise the drink prices from $6-8 per drink before tip to pull that off? serious question you're at 75% margin when a drink is $7 (hypothetical but probably within a ballpark) do you need to raise margins to 85% to be able to support baristas needing 5 unpaid random days off a quarter? 5 * 4 quarters = 20 a year i don't think margins after what you charge the customer can stay the same while also enabling baristas to call out (what effects does that have on a store's daily sales/revenue/profit? they're linked, right? less baristas, customers get pissed, walk out, cancel orders, more mistakes made, or people see it is too busy and don't want to wait and don't order) so you need to increase margins in order to support bartsias being allowed to basically, mess up the daily shift scheduling dynamic. somebody calling out randomly for being sick without being able to find a cover can probably cost the store... up to 20% of its revenue/sales/profit a day? 10%? 5%? 25%? say you have 4-5 baristas per shift during busy hours. they can all call out sick randomly? store closes for the day? we're talking about moving the responsibility of fearing for your job being lost if you can't find somebody to cover your shift off of the employee. what's the sane amount here? charge more? allow it more with less (no?) repercussions?

mjhay 4y ago
They should charge enough to be able to afford to treat their employees like human beings - and human being sometimes get sick. How is hard for you to understand? Do you really have that little empathy towards service workers?
- MuffinFlavored 4y ago
  > They should charge enough to be able to afford to treat their employees like human beings - and human being sometimes get sick. How is hard for you to understand? so you would agree that (at their current $6-8 drink average), they are NOT charging enough to support their employees like human beings (being able to factor in that any barista should be allowed the right to call in sick 5 days with no notice a quarter) Is that a fair summary? How many days are they currently factoring in? 0, right? Because all baristas need to fear getting fired over take 1 sick day a quarter (call out unpaid with no notice) or need somebody to cover it right So, how much do drink and food prices need to go up at starbucks to support 5 sick days per quarter per barista instead of the current 0? Their current margins are 75%. Do they need margins to go to... 85%? 95%? 105%? 115%? What's the cost of a barista taking a sick day once a quarter? What's the cost to a store's bottom line per day of 5 baristas taking a sick day 5 times a quarter? What if they do it all at once? Close the store for the day, miss the revenue/sales?
  - mjhay 4y ago
    As an aside, I don't want anyone sick preparing my food or drink. There's a public health reason for actual sick leave right there. Aside from that, if they can't afford to treat their employees with dignity, they shouldn't be in business. They can, though.
  - danaris 4y ago
    Starbucks is, like many large corporations right now, making record profits. Their margins are already plenty high. They just need to stop prioritizing executives' and shareholders' pocketbooks (shock! heresy!), and start prioritizing the human beings that depend on their jobs there to put food on the table.
    - MuffinFlavored 4y ago
      Their net margin is 10% as per https://www.macrotrends.net/stocks/charts/SBUX/starbucks/profit-margins https://www.macrotrends.net/stocks/charts/SBUX/starbucks/pro... How much of that would you like to see them give up in order to appease the employees to your standards? Would you like to see their net margin at 0%? 1%? Do they deserve to make any profit in your mind? You're saying they make too much profit. That's fair. You'd like to see them to treat their employees better at the expense of making less profit. I just don't know how realistic that is...

mjhay 4y ago

They should charge enough to be able to afford to treat their employees like human beings - and human being sometimes get sick. How is hard for you to understand? Do you really have that little empathy towards service workers?

MuffinFlavored 4y ago
> They should charge enough to be able to afford to treat their employees like human beings - and human being sometimes get sick. How is hard for you to understand? so you would agree that (at their current $6-8 drink average), they are NOT charging enough to support their employees like human beings (being able to factor in that any barista should be allowed the right to call in sick 5 days with no notice a quarter) Is that a fair summary? How many days are they currently factoring in? 0, right? Because all baristas need to fear getting fired over take 1 sick day a quarter (call out unpaid with no notice) or need somebody to cover it right So, how much do drink and food prices need to go up at starbucks to support 5 sick days per quarter per barista instead of the current 0? Their current margins are 75%. Do they need margins to go to... 85%? 95%? 105%? 115%? What's the cost of a barista taking a sick day once a quarter? What's the cost to a store's bottom line per day of 5 baristas taking a sick day 5 times a quarter? What if they do it all at once? Close the store for the day, miss the revenue/sales?
- mjhay 4y ago
  As an aside, I don't want anyone sick preparing my food or drink. There's a public health reason for actual sick leave right there. Aside from that, if they can't afford to treat their employees with dignity, they shouldn't be in business. They can, though.
- danaris 4y ago
  Starbucks is, like many large corporations right now, making record profits. Their margins are already plenty high. They just need to stop prioritizing executives' and shareholders' pocketbooks (shock! heresy!), and start prioritizing the human beings that depend on their jobs there to put food on the table.
  - MuffinFlavored 4y ago
    Their net margin is 10% as per https://www.macrotrends.net/stocks/charts/SBUX/starbucks/profit-margins https://www.macrotrends.net/stocks/charts/SBUX/starbucks/pro... How much of that would you like to see them give up in order to appease the employees to your standards? Would you like to see their net margin at 0%? 1%? Do they deserve to make any profit in your mind? You're saying they make too much profit. That's fair. You'd like to see them to treat their employees better at the expense of making less profit. I just don't know how realistic that is...