dmorris68
Legend
Loyaler
Of course they do. I only used the restaurant example because YOU did. However this *is* an especially acute problem for restaurants, which I believe are the most common small business while at the same time the small business most likely to fail.While you make some good points, You act like resturant owners are the only people who have these expenses, most stores have rent to pay,, insurance etc.
You tip what you like. It is what it is. US labor laws allow certain jobs to be paid below minimum wage provided that enough tips are available to make up the difference. If you ask most wait staff, I think you'll find that they would prefer to keep the same $2/hr + tips arrangement than a flat minimum wage arrangement, because they make a helluva lot more money on tips (assuming they do a good job). So the arrangement actually benefits everyone. The business owner, because his payroll overhead is lower. The staff, because they make more than they would if they were on a flat wage. And the consumer, who has the flexibility to pay what they want, or nothing if they so desire. You have to realize that tips are often what get you good service. If there were no tips and the business owners had to pay a higher wage, their prices would go up (so you'd pay anyway), and the wait staff would have no incentive to give you good or better service.I just feel that 5% is the most that should be expected by anyone for service and let the owners pay them an extra 15% on that $2/hr they get away with paying them anyways. When tips are expected to be a 5th of the bill thats insane,
Ok... you lost me here. Trying to compare gambling odds with tip percentages doesn't make any sense.WHAT kind of implied on odds would that 1:5 on your money for them, so to switch this around, If I have to bet 20% of my stack with the expectation of winning 5x my stack I should take this bet everytime
Is this the right way to think of this. DANG THE ODDS mess with my mind especially when I only a few seconds to put it all together in my head