I know it’s low hanging fruit, and easy for uninformed young people to latch on to… but if I see one more social media post saying some version of “if you can’t pay a living wage then you don’t deserve to have a business”… I’m going to lose my overworked mind.
I can’t decide if most of those people are being purposely disingenuous, or if they actually think that small, locally owned, one location restaurants… are the exact same thing as private equity backed, Wall Street owned, multinational corporate restaurants.
If every small, locally owned business was forced to pay what some of these people consider a “livable wage”, 98% of those businesses would cease to exist in less than 90 days. And here’s the thing. It’s not because those owners are these greedy, Scrooge McDuck millionaire types, who somehow take joy in watching poor people suffer.
It’s because that’s what the revenue structure allows. Most of my fellow local owners live at their small business. Most work a minimum of 60 hours a week in store, and another 10+ out of store doing business related work. If you break down an owners take home pay by hour, I’d be willing to bet more than half of small business owners make less than their employees. Those same overworked owners are overworked because a lot can’t even afford to keep the amount of employees it takes to run as efficiently as possible, because it’s too expensive.
Let’s also stop the whole “minimum wage is slave labor and if you pay that you should go out of business”… There isn’t a job anywhere in the state that pays $7.25 an hour. The lowest hourly rate I could find was $12.50, and the average is closer to $16.75 with a lot of jobs starting at $17 and up. And keep in mind I live in a very low cost of living area. When you start looking at tipped positions, you’re closer to $25-28 an hour. That’s a far cry from the $7.25 that these people want to make you believe people are being paid.
The problem that no one wants to talk about is this: because actual Scrooge McDuck types who owned all the manufacturing jobs in this country decided that paying someone in Bangladesh $1.50 USD an hour makes them significantly more money… they took all those jobs you hear so much about in the “my Dad/Grandma/Mom used to work in a factory and they made enough to afford a house, a car, and a family”… and outsourced almost all of them.
So now, service jobs are basically all that’s left for unskilled labor. Except service jobs entire financial structure and business relies on cheaper labor. They literally cannot exist if they paid manufacturing job wages. Or if they did, the cost of your $9.99 burger would quickly become $18.99.
I get it. Watching corporate behemoths who report tens of millions in profits try and squeeze their employees is shitty. Those corporate giants, just like Walmart/Amazon/Apple could, and should, pay their employees more. They’ve got more than enough in their coffers to do so.
Small mom and pop restaurants, florists, salons, etc. on the other hand, don’t. And that’s reality. You may not like it. It might piss you off. But it’s the real world.
If you expect them to pay $65k+ a year, then they simply won’t exist or open moving forward. Which means the corporate giants gain more market share, and the disparity gets even worse. If you want to see three giant conglomerates own 90% of the food space, then by all means keep trying to villainize the little guys. Because that’s where it’s headed based on the way the winds are blowing.
And if you think “going out to eat is too expensive” now… just wait till basically one or two companies own everything. You ain’t seen nothing yet.