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Bank of Canada estimates 60,000 fewer jobs due to minimum wa
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Author:  Tricks [ Mon Jan 08, 2018 1:41 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

BeaverFever BeaverFever:
Im pretty sure the uninterrupted 30 min meal break is required

I don't think it is in Ontario. If it is, it definitely isn't enforced. Most companies will just schedule you for 8.5 hours and pay you for 8 expecting you to take it. It's common in places that have shit time management programs, so they don't actually know how long employees are out. But nothing says you can't work through it (especially if you're a waitress who makes tips).

Author:  herbie [ Mon Jan 08, 2018 4:47 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

Programs?
You mean you just punch in the department staffing requirements, the employee's qualifications and their seniority dates and the computer does it all for you?
Does it come with a "shit list" just punch in: Screw this person (dropdown name list) over (choose how from dropdown list) option?

Author:  BeaverFever [ Mon Jan 08, 2018 5:51 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

Tricks Tricks:
BeaverFever BeaverFever:
Im pretty sure the uninterrupted 30 min meal break is required

I don't think it is in Ontario. If it is, it definitely isn't enforced. Most companies will just schedule you for 8.5 hours and pay you for 8 expecting you to take it. It's common in places that have shit time management programs, so they don't actually know how long employees are out. But nothing says you can't work through it (especially if you're a waitress who makes tips).



For sure. Most salaried jobs are based on 7.5hrs/ day for record keeping purposes (8 hour day minus lunch) but nobody keeps track of your comings and going and people taking 1 hour lunch is common ( or they might est at their desk and not take lunch “break” at all).

But what I’m saying is I don’t think workers can legally elect to work 8.5 paid hours straight with no break.

Author:  raydan [ Mon Jan 08, 2018 6:01 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

In Québec, as soon as you work 5 consecutive hours, the employer must give you a 30 minute unpaid lunch break.

Author:  sharkspark [ Tue Jan 09, 2018 2:59 am ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

hah.. when I opened one of the articles that some of you posted a few days ago there was an ad for a medicine against a headache, how convenient?! 8O such a bad situation as a whole....

Author:  martin14 [ Tue Jan 09, 2018 3:50 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

https://www.msn.com/en-ca/money/topstor ... spartandhp

By the numbers: How much will the minimum wage hike cost Tim Hortons?

The Great White North Franchisee Association says the minimum wage increase will cost the average Tim Hortons franchise $243,889.10 a year.

Author:  herbie [ Tue Jan 09, 2018 4:08 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

220 hrs a month @ 2.40 increase = $528 a month, 6,336 a year per FULL TIME EMPLOYEE
Only IF they had 38 fulltimers who were only making the minimum wage.
Which is already shameful enough to hate the lying sacks of shit.

Raise those half-cooked donuts a nickel and your pisswater coffee a dime you whining twats.

Author:  BeaverFever [ Tue Jan 09, 2018 6:53 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

martin14 martin14:
https://www.msn.com/en-ca/money/topstories/by-the-numbers-how-much-will-the-minimum-wage-hike-cost-tim-hortons/ar-BBI9Ryd?ocid=spartandhp

By the numbers: How much will the minimum wage hike cost Tim Hortons?

The Great White North Franchisee Association says the minimum wage increase will cost the average Tim Hortons franchise $243,889.10 a year.



What is the annual income of the average Tim Hortons franchise I wonder? If they want people to get outraged over the numerator, they have to tell them the denominator.

Author:  DrCaleb [ Wed Jan 10, 2018 6:24 am ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

BeaverFever BeaverFever:
martin14 martin14:
https://www.msn.com/en-ca/money/topstories/by-the-numbers-how-much-will-the-minimum-wage-hike-cost-tim-hortons/ar-BBI9Ryd?ocid=spartandhp

By the numbers: How much will the minimum wage hike cost Tim Hortons?

The Great White North Franchisee Association says the minimum wage increase will cost the average Tim Hortons franchise $243,889.10 a year.



What is the annual income of the average Tim Hortons franchise I wonder? If they want people to get outraged over the numerator, they have to tell them the denominator.


Estimates are $300k - $500k per outlet. But that doesn't include upgrades that the franchisee puts back into the restaurant.

When I lived in Fort Mac I researched opening a Tims or Second Cup, as there was no drive thru coffee place on the North side of town. :) I woulda made a fortune!

Author:  BeaverFever [ Wed Jan 10, 2018 7:09 am ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

DrCaleb DrCaleb:
BeaverFever BeaverFever:
martin14 martin14:
https://www.msn.com/en-ca/money/topstories/by-the-numbers-how-much-will-the-minimum-wage-hike-cost-tim-hortons/ar-BBI9Ryd?ocid=spartandhp

By the numbers: How much will the minimum wage hike cost Tim Hortons?

The Great White North Franchisee Association says the minimum wage increase will cost the average Tim Hortons franchise $243,889.10 a year.



What is the annual income of the average Tim Hortons franchise I wonder? If they want people to get outraged over the numerator, they have to tell them the denominator.


Estimates are $300k - $500k per outlet. But that doesn't include upgrades that the franchisee puts back into the restaurant./quote]

That must be net profit, not gross revenue? I found links to news stories that said average gross for single location was 2002-2008 was $1.5M

Author:  DrCaleb [ Wed Jan 10, 2018 7:40 am ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

BeaverFever BeaverFever:
That must be net profit, not gross revenue? I found links to news stories that said average gross for single location was 2002-2008 was $1.5M


That was estimated net. You didn't have a lot of wiggle on costs, as they all had to be bought from the parent company. Second Cup, you could source food wherever, but Tims is a lock in.

Where you can make more money is through labour costs. Getting rid of the high priced bakers in the back and going with frozen lumps you reheat, went a long way in cutting labour costs at a Timmies.

Author:  CharlesAnthony [ Wed Jan 10, 2018 10:04 am ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

Oh, I get it!
The poor Ontario tax-payers will be awesome guinea pigs in the most splendidly diabolical social experiment!

Author:  Freakinoldguy [ Wed Jan 10, 2018 11:45 am ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

Anybody know how accurate this claim is because if it's true then, there's definitely an ulterior motive to increasing the minimum wage which the Ont. gov't failed to tell people about?


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Author:  BeaverFever [ Wed Jan 10, 2018 6:53 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

At face value it can’t be true unless the tax bracket for the additional $104 in earnings is taxed at more than 50%. This would be false because:

a) Canada doesn’t have a tax bracket that high and

b) Minimum wage would be at the lowest tax rate

Remember the marginal tax rate system means that the higher tax rates only apply to the earnings above the limit. For example suppose a country had a 10% tax bracket for earnings up to $40k and 50% tax for earnings above $40k. Someone who makes $41,000 doesn’t pay 50% tax, they pay (10% x 40k) + (50% x $1k) = $4,500 in tax

Author:  herbie [ Wed Jan 10, 2018 7:53 pm ]
Post subject:  Re: Bank of Canada estimates 60,000 fewer jobs due to minimum wa

Why respond? If someone truly believes you get taxed 1/3 at $11... they obviously don't earn minimum wage

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