Showing posts with label Good Capitalism. Show all posts
Showing posts with label Good Capitalism. Show all posts

Saturday, August 01, 2015

How's That $15 An Hour Working Out For Seattle?

Well, it's still too soon to tell, obviously, but Ivar's Salmon House in Seattle seems to be handling it just fine.

As Washington, D.C., and other cities consider following Seattle, San Francisco and Los Angeles in phasing in a $15-an-hour minimum wage, Ivar's approach, adopted in April, offers lessons in how some businesses might adapt. Ivar's Seafood Restaurants President Bob Donegan decided to raise prices, tell customers that they don't need to tip and parcel the added revenue among the hourly staff. 

For some of the restaurant's lesser-paid workers - including bussers and dishwashers - that's meant as much as 60 percent more. Revenue has soared, supportive customers are leaving additional tips even though they don't need to, and servers and bartenders are on pace to increase their annual pay by thousands, with wages for a few of the best compensated approaching $80,000 a year. 

It is staff, not diners, who feel the real difference, with wages as much as 60 percent higher than before. One waitress is saving for accounting classes and finding it easier to take weekend vacations, while another server is using the added pay to cover increased rent

"It's been a surprise," Donegan said. "The customers seem to like it, the employees seem to like it, and it seems to be working, at least in this location." 

Rochelle Hann, 25, is a second-generation worker at Ivar's. Like her mom, she has performed a variety of roles, including serving, bookkeeping and even dressing up as a giant clam. If she keeps working 30 hours a week, her annual pay will jump about $12,000 - money she's socking away for accounting classes at a community college.'a almost as if the economy is improving and becoming (gasp!) not quite as hierarchical in nature. Speaking of adding customers, look who else has had to add more staff.

Could we see a return to the golden age of capitalism?:)

Wednesday, March 02, 2011

Pulling A Palin

I guess I've been too busy lately to grok what Governor Walker is up to in Wisconsin because I feel slow on the up take. It's so fucking obvious. Why didn't I think of it before? He's pulling a Palin.

In order to be recalled, there must be 50 thousand signatures and one year's time passed. Likely, that is what will happen. It remains to be seen whether or not he will be voted out but I don't think he cares. He will not budge an inch regardless of the cost (both personal and financial) to the people of Wisconsin. Seems like political suicide, eh? Not in this day and age. He will be crowed a hero by the Right. His prize?

A lucrative radio show coupled with a Fox News gig will be his for the taking. Within a day of being voted out of office, Scott Walker's career will be set.  Look at how great it worked out for Sarah Palin. More power to both or any of them, I say. They have an army of devoted followers ready to plunk down their hard earned cash for a fear, hate and anger stew.

It's the American Dream and....(wait for it) good capitalism!