You've never heard of 'passing on the cost to the consumer' I take it
That's why you're a liberal with a limited understanding of economics
-Geaux
The cost of paying a fair wage? Paying for overtime is a fair wage
Yes, that is how it is supposed to be
Let's do the math...
If as lefty Jake retorts, paying employee 'A' more money equates to more cash flow into the machine. Say you made an extra $1/hr for an hour OT, so now that you have the extra cash, you decide to go get that Bacon Burger you might not have purchased before the OT.
But wait, I just raised the cost of said burger $1.25.
See what I did there? The LIV thinks he is getting ahead but in actuality, he's just as stupid as he was when Barney Frank set him up to take a loan he couldn't afford to buy that dream home.
In summary, Employee 'A' purchased a burger that was still cost prohibitive even with the OT
-Geaux
OK lets do the math:
Calling a $23,661 burger flipper a "manager" means you can force him to work overtime and weekends at no pay.
With the money you save on wages, do you:
a. charge less for your burgers
b. keep the extra profit
Where's the savings? By not increasing a cost does not equate to a savings. The margin is already factored into the business decision thus, $23,661 it is
-Geaux
The savings come from forcing a low waged worker to work for free while you pocket the profit
Capitalism at its best
Again, where did I miss the mandatory draft into the burger flipping business?
-Geaux