Pollo Tropical is raising prices by between 4% and 6% in December to fund its higher wages, sign-on bonuses, and improved benefits.

Amazing discovery 💡

  • agent_flounder@lemmy.oneEnglish
    61·
    1 year ago

    It genuinely blows my goddamn mind that this article is actually considered news and has to even be published.

    Like, what the fuck do they teach people in business school these days?? Just cut costs endlessly? Like “I have this restaurant with no employees that serves nothing and charges $1B per customer. I will be rich!” ??

    • SirEDCaLot@lemmy.today
      17·
      1 year ago

      Came here to post just this. How fucking stupid are the people in charge of these places? That offering higher wages gets you more/better employees is such a revolutionary concept that not only has nobody else tried it, but when one does and realizes it works, it becomes a Business Insider article?

      You don’t have to be an MBA to understand supply and demand. If there is less supply of workers and more demand for workers the market price of work will rise. Did they think the labor market was a slave trade?

      I really genuinely do not understand how so many supposedly smart successful business people can be so stupid as to not understand such a simple concept.

    • half_fiction@lemmy.dbzer0.comEnglish
      17·
      1 year ago

      Like, what the fuck do they teach people in business school these days?? Just cut costs endlessly? Like “I have this restaurant with no employees that serves nothing and charges $1B per customer. I will be rich!” ??

      I work in corporate retail, and yes, basically. It’s pretty wild how myopic senior leadership can be at times.

    • Wrench@lemmy.world
      7·
      1 year ago

      Hey, worked for that mobile app that sold for like $2k and just showed some shiny bling animation

  • zeppo@lemmy.worldEnglish
    281·
    1 year ago

    Wow, I wonder how they thought of that. You mean there’s actually an ability for hospitality workers to negotiate for better pay and conditions? I guess we’ve already seen the CEO and stockholder class kicking up a fuss and insulting the crap out of labor with the “nobody wants to work anymore” bullshit and various propaganda.

  • henfredemars@infosec.pubEnglish
    251·
    1 year ago

    Whenever I hear: There’s a labor shortage!

    My brother in Christ there’s over 8 billion humans alive today surely you can solve this problem.

    • pivot_root@lemmy.world
      9·
      1 year ago

      The shortage is in people with little enough self-respect to work for greedy pricks unwilling to pay them a living wage.

  • ChicoSuave@lemmy.world
    20·
    1 year ago

    raising prices 6% to cover costs

    It only takes a miniscule amount of money to make a business work by keeping workers happy. It takes a moronic business leader to refuse to spend because they can’t live without their single digit percentages.

    Glad that business saw the light and made some sustainable choices.

  • Red_October@lemmy.world
    13·
    1 year ago

    What a fucking shock, who could have ever seen this coming? They should publish their research, the world has to know!