6 ms·
I don't follow your math here -- their revenue increased by $2982/week after installing the monitoring software, not decreased, due to the effects of employees
by jtheory 13y ago
I don't follow your math here -- their revenue increased by $2982/week after installing the monitoring software, not decreased, due to the effects of employees who felt observed being more conscientious.
- lmakeppleave 13y ago2982 (increase in sales) x .15 (assumed tip amount) = + $447 divided by all tipped employees. But you have to remember even many small chain restaurants have 15-25 tipped employees this nets to very little increase in income per tipped employee and zero increased income for non-tipped employees. Next, subtract from that small increase all the money they used to make from theft and overall they are likely coming out of the deal with less income.
- zipfle 13y agolmakeppleave is saying that the amount that used to be stolen was "income" the employees were making (albeit illegitimately). like, I as a waiter make $100 per shift and steal $20 per shift; my net is $120 per shift. When they put in cameras and I start upselling instead of stealing, I need to upsell 20 / .15 (15%, the traditional tip amount) to have my net remain at $120. That means I need to increase the restaurant's gross by $133 to maintain my extra $20 of income. lmakeppleave is arguing that it's easier to steal $20 than to increase the restaurant's gross by the amount needed to make $20 legitimately.