Denny's to impose 5% Obamacare surcharge

[bozack]

this is a laugh, so here people went on and on about how great universal healthcare would be, yet now we see what business will do to cover said costs they will incur and the same people bleating on about how wonderful the coverage would be are griping about the action of the companies...

Sorry dudes but what did you expect? companies to just eat those costs and be cool with that?

If so I have a bridge to sell

 

[bononos]

The restaurant industry workers are probably the biggest government aid receivers in the country.
Due to thier low salaries many are on food stamps. Also many qualify for Medicaid and those who don't use Emergency Rooms and don't pay.

So, Dennys workers are already being subsidized.

Of course, the food Dennys buys is subsidized by government farm programs. Even the farmers and scientists who grow and develop the food are educated in government paid for schools with government aid.

So, this Dennys owner should stfu. Or he could just put the amount the government is subsidizing each item right on the menu.

Good post. Its ridiculous arguing about how (liberals) can't "accept reality that the business of business is to make money" when this business of Denny's accepts big govt handouts while pretending to be a victimised by obamacare. This is the 2nd restaurant/food chain that has outwardly criticised Obama. Chick fila was always overtly 'Christian' and Denny's had trouble in the 1990s with racial discrimination.

 

[soulcougher73]

You should really give up on the fortune telling. It's not worked out well for you at all.

What? Didnt you hear. Rick Perry WILL be out next president. You'd think with being wrong so often and costing him money each time he would just give up and think rationally like the rest of us.

Oh well..

 

[PJABBER]

The rage. It's so amusing.

Ho ho ho!

Government fat cats feast and raise taxes, gluttons that they are.

Government fat cats impose more taxes and regulatory burdens on business and business passes these costs on to consumers.

Consumers lose jobs as businesses cut staff to deal with government burdens they can't pass on.

Consumers go on food stamps and lose their houses since they have no jobs.

Consumers stop consuming and businesses cut more jobs.

Government fat cats raise taxes but gets less than before so they raise them again.

And the vicious cycle continues while government fat cats feast.

Ho ho ho!

 

[Chris A]

this is a laugh, so here people went on and on about how great universal healthcare would be, yet now we see what business will do to cover said costs they will incur and the same people bleating on about how wonderful the coverage would be are griping about the action of the companies...

Sorry dudes but what did you expect? companies to just eat those costs and be cool with that?

If so I have a bridge to sell

They will never eat costs ever. In this economy where several thousand people will show up on a Facebook post on application taking. The place i work for and several others know that they do not need you and can replace you for almost nothing!!! Most USA places have adopted Kaizen as there roll model. Crap might be spelled wrong

 

[UberNeuman]

Ho ho ho!

Government fat cats feast and raise taxes, gluttons that they are.

Government fat cats impose more taxes and regulatory burdens on business and business passes these costs on to consumers.

Consumers lose jobs as businesses cut staff to deal with government burdens they can't pass on.

Consumers go on food stamps and lose their houses since they have no jobs.

Consumers stop consuming and businesses cut more jobs.

Government fat cats raise taxes but gets less than before so they raise them again.

And the vicious cycle continues while government fat cats feast.

Ho ho ho!

don't you have a hole to go down to?

\what you decry is what you are....

 

[Darwin333]

I'm not versed in accountant terminology, so excuse me on that part. I am referring to total sales after a weekend, before all deductions, payroll, etc.

I know the definitions but I am not all that well versed either, I believe the term you are looking for is "gross sales" which is a HUGE difference than any sort of profit. For example, if your profit margin is 4% and your gross sales are $200K for a weekend a new $4,000 expense for that weekend HURTS, it is literally half of your entire profit. I am not sure what kind of margins Denny's has but it can't be all that high.

 

[Darwin333]

Well your company sucks or you picked a shitty policy. My insurance went up $6/paycheck over last year. OMG, the horror.

Wonder what the Feds insurance policy went up by last year...... I bet they suck at picking them too.....

 

[Chris A]

I know the definitions but I am not all that well versed either, I believe the term you are looking for is "gross sales" which is a HUGE difference than any sort of profit. For example, if your profit margin is 4% and your gross sales are $200K for a weekend a new $4,000 expense for that weekend HURTS, it is literally half of your entire profit. I am not sure what kind of margins Denny's has but it can't be all that high.

Most restaurants gross less then $80,000 per year. Profits!!

 

[PJABBER]

don't you have a hole to go down to?

I like to walk right up to the edge and peer in. Up to this point I have been able to edge back.

The problem is, the crowd is so thick and running so hard at that misery hole that I and everyone here might be pulled in whether we want to go or not.

 

[Incorruptible]

Good post!!! At my place we have a budget to cover costs. Expenses are added but the budget don't change. If we make $80,000 per quarter that don't change we take it back in other ways by raising prices or cutting costs.

I would like real health care reform.

This is what we really need but unfortunately the system serves corporations and special interests

 

[sportage]

This Denny's thing makes it easy for us to know just who to boycott.
Denny's, Papa Johns, not that I frequent their establishments, which I do not...
The one and only Denny's in our city employes entirely low waged Hispanics.
I'm sure Denny's had no intentions of ever offering health insurance, regardless of who pays the bill.
Our local Denny's is more obsessed with discovery that they employ undocumented aliens.
Undocumented aliens never argue about wages or health insurance.

Just another name on my personal boycott list. No biggie.

 

[Yreka]

Ten million more restaurant workers are going to have health care? And it only costs an extra 50 cents per meal? That's pretty awesome.
Plus I no longer have to pay for their emergency room visits out of my health care? Double awesome.
Knowing the people who handle my food have health care? Priceless.

But that isn't whats happening here.. He is charging extra 5% because he "thinks" eventually he will be fined for not covering PTE's as well. But then he goes on to say if that DOES happen, it will actually cost him around 25%, so then what the hell is the 5 for ?

Metz said he will take the extra step of adding a surcharge because he believes the law will eventually expand to include penalties for not covering full-time equivalent employees. If he has to pay a penalty for his average 35 full-time equivalent employes per restaurant, he said it would cost him $75,000 per location. In that case, he said raising prices wouldn't be an option, since he'd have to raise prices about 25 percent to cover the costs of Obamacare, which would be "catastrophic" for his business.

So basically

No employees get additional coverage
5% surcharge added for ???
Existing PTE loses hours to avoid paying their healthcare.

Unless I am misinterpreting something, this has nothing to do with Obamacare, and this guy is a #### with a capitol C

Lastly,,,, I would burn every single Denny's in this state to the GROUND for one centrally located Crackerbarrel

 

[Chris A]

This is what we really need but unfortunately the system serves corporations and special interests

Agree!!! No partisan crap. Just do what is right for every one. It truly is not that hard.

 

[Yreka]

Most USA places have adopted Kaizen as there roll model. Crap might be spelled wrong

Oh god, we have that crap going up all over our place too.. ugh
I'm all for adopting Japanese ideals in the workplace though.. We will start working on Kaizen in Engineering when they start practicing Seppuku in Management

 

[nehalem256]

I know the definitions but I am not all that well versed either, I believe the term you are looking for is "gross sales" which is a HUGE difference than any sort of profit. For example, if your profit margin is 4% and your gross sales are $200K for a weekend a new $4,000 expense for that weekend HURTS, it is literally half of your entire profit. I am not sure what kind of margins Denny's has but it can't be all that high.

Liberals do not understand that difference revenue and profit. Is it any wonder they are so baffled by how companies act?

 

[Chris A]

Oh god, we have that crap going up all over our place too.. ugh
I'm all for adopting Japanese ideals in the workplace though.. We will start working on Kaizen in Engineering when they start practicing Seppuku in Management

Bud ur so screwed and you don't even know it . Just wait till the cuts come and you are doing twice the work and they are asking fof 5 why's. it gets comical. Lol. It's sad to see a company torpedo with this crap!!! 30 years experience running cup machines meaning nothing while you are running around signing hour by hour charts and asking people why when they could care less but making more then you! This is not Japan !! Average joe to 5 y is why u asking me this stuff!!!

 

[yllus]

this is a laugh, so here people went on and on about how great universal healthcare would be, yet now we see what business will do to cover said costs they will incur and the same people bleating on about how wonderful the coverage would be are griping about the action of the companies...

Sorry dudes but what did you expect? companies to just eat those costs and be cool with that?

If so I have a bridge to sell

Universal healthcare is generally pretty great, actually, thanks for asking. I have plenty of criticisms of its implementation here in Canada, but not having to wonder or care about whether or not a clinic is in my HMO or where the money for x-rays or an MRI is going to come for is terrific.

But you're right - costs are probably going to go up, and some companies are going to fire and lessen hours for employees because they refuse to take a hit to their profit margins. It's inevitable. Hopefully in response, the average American understands an extra $0.50 is just the price of helping their fellow citizen not worry about getting sick this year. Or even better, that average American calls out the leaders of these companies as the colossal assholes that they are and get them booted.

 

[sactoking]

Wonder what the Feds insurance policy went up by last year...... I bet they suck at picking them too.....

Just for the sake of conversation...

Fed BCBS Basic Self-only +16.2%
Fed BCBS Basic Family +7.5%
Fed BCBS Standard Self-only -0.9%
Fed BCBS Standard Family -0.4%

GEHA High Self-only +6.7%
GEHA High Family +7.0%
GEHA Standard Self-only +5.0%
GEHA Standard Family +5.0%
GEHA HDHP Self-only +5.0%
GEHA HDHP Family +5.0%

All of these are non-postal, employee cost increases.

 

[stormkroe]

Where are you getting this? A restaurant, especially a popular chained one like BWW or Hooters net this much ($175,000) in a month. A restaurant can make a gross profit of about 200k in a weekend, especially if it's something big like The Superbowl.

The agency I work for do marketing for a few chain restaurants, so I'm pretty sure I know the numbers, otherwise I wouldn't be saying it. Unlike your dumbass that make up random shit and calling it facts. But hey, it's your words against mine right...

...But then, I've bolded what you said for easy viewing, it doesn't take a person beyond a high school education to realize how off that is.

Edit: As I'm sitting here at work, without divulging information that would get me in trouble: A promotional cocktail sold during Superbowl Sunday netted $1500+ in sales, and that is actually below our projected number.

Do I need to do the math for you? Either you're pulling these numbers out of your ass, which I would not be surprised as it woudn't be your first time, or your friend is running a shitty business.
Say, a BBQ plate costs $10 (and I'm being generous to your idiocy), not counting drinks purchased, that's 150 customers. You say your imaginary friend only get 150 customers in per day? What a shitty BBQ joint.

Second, a lot of the clients we do marketing for at my agency serves liquor. Wine and spirits make up a large chunk of profit for restaurants, and people always drink, regardless of economy. When you add all that up, 200k weekend profits is a pretty conservative number. Now sit down and shut the fuck up already, and please stop pulling shit out of your ass. Or at least if you do, come up with some shit that is believable and make sure the numbers add up.

I've established in the beginning that I'm talking about gross profit.

Except when you originally said "...a popular chained one like BWW or Hooters net this much ($175,000) in a month."

I don't know Spidey as I'm fairly new to this forum, but from what I can tell there's a 'pat each other on the back for being an ass to him' thing going around. Maybe he deserves it, I don't know, but when you're being an ass to someone, it makes you look like nothing but an ass.

Anyway, according to restaurant.org, the typical 2009 fast food franchise does about $670,000 SALES annually. You can see that here. Turns out the numbers agree with everyone else, and it seems like you're cherry picking to keep from having to back track, or just pulling numbers out of your ass.

Now, imagine how plain all these posts would be without the word 'ass'.

 

[Slew Foot]

Last time I went to a restaurant in San Francisco the menu stated that there was a 3% surcharge to cover the city health tax.

 

[Chris A]

Except when you originally said "...a popular chained one like BWW or Hooters net this much ($175,000) in a month."

I don't know Spidey as I'm fairly new to this forum, but from what I can tell there's a 'pat each other on the back for being an ass to him' thing going around. Maybe he deserves it, I don't know, but when you're being an ass to someone, it makes you look like nothing but an ass.
V
Anyway, according to restaurant.org, the typical 2009 fast food franchise does about $670,000 SALES annually. You can see that here. Turns out the numbers agree with everyone else, and it seems like you're cherry picking to keep from having to back track, or just pulling numbers out of your ass.

Now, imagine how plain all these posts would be without the word 'ass'.

Like your style no Name calling just discussing!!

I know there are profits but costs are increasing all the time. I know in California regulations are insane. I know a owner of a franchise that had recently to install these fine mesh filters in the storm drains in the parking lot. Leaves fell and pluged them up resulting in flooding of a few cars and damage to his facility. They pulled the screens to let the water drain! He was fined for that and now has to spend $2,500 a month to have a company sweep the parking lot every week and change the screens. This was a agreement he was forced into to prevent other fines. This is California so other states might be different but that is just the tip of the ice burg of crazy stuff that happens. I am in charge of plant Maint so I could fill you up with crazy stuff. .

 

[sigurros81]

Except when you originally said "...a popular chained one like BWW or Hooters net this much ($175,000) in a month."

I don't know Spidey as I'm fairly new to this forum, but from what I can tell there's a 'pat each other on the back for being an ass to him' thing going around. Maybe he deserves it, I don't know, but when you're being an ass to someone, it makes you look like nothing but an ass.

Anyway, according to restaurant.org, the typical 2009 fast food franchise does about $670,000 SALES annually. You can see that here. Turns out the numbers agree with everyone else, and it seems like you're cherry picking to keep from having to back track, or just pulling numbers out of your ass.
Now, imagine how plain all these posts would be without the word 'ass'.

I like your holier than thou attitude, but you are thinking of the wrong kind of restaurants. If you actually pay attention instead of tunnel visioning my words, you'll notice that we are talking about chain casual dining restaurants, not fast food. The difference? More expensive food and alcohol is served. Please read through the thread, but at least you learned something.

And yes, I know I'm an ass, thanks for stating the obvious. However, I don't pull shit out of thin air like these yokels just to justify their support for the selfish attitude of these CEOs of these restaurants. The fuckers just want to line their own pocket books and their stockholders.

 

[stormkroe]

I like your holier than thou attitude, but you are thinking of the wrong kind of restaurants. If you actually pay attention instead of tunnel visioning my words, you'll notice that we are talking about chain casual dining restaurants, not fast food. The difference? More expensive food and alcohol is served. Please read through the thread, but at least you learned something.

And yes, I know I'm an ass, thanks for stating the obvious. However, I don't pull shit out of thin air like these yokels just to justify their support for the selfish attitude of these CEOs of these restaurants. The fuckers just want to line their own pocket books and their stockholders.

I think it sucks to he on the receiving end of costs too, but you're guilty of the same thing you accused them of, 'pulling shit out of thin air', only instead of to justify support of, you're justifying opposition. So let me show you what my 'paying attention got me':
Full service restaurants, like BWW and Hooters, averaged $731600 SALES in 2009. More than the $670k of fast food, but I'm still trying to find the $175k NET in a weekend, which is starting to look like 'shit pulled out of thin air'.
Some of these guys you hate aren't trying to defend selfish attitudes of CEO's, they're just taking offense at you calling them dumbasses when their numbers are right, and yours are crazy.
If 'holier than thou' means getting pissed at both sides bobble-heading each other, then I guess I'm guilty as charged.

 

[sigurros81]

I think it sucks to he on the receiving end of costs too, but you're guilty of the same thing you accused them of, 'pulling shit out of thin air', only instead of to justify support of, you're justifying opposition. So let me show you what my 'paying attention got me':
Full service restaurants, like BWW and Hooters, averaged $731600 SALES in 2009. More than the $670k of fast food, but I'm still trying to find the $175k NET in a weekend, which is starting to look like 'shit pulled out of thin air'.
Some of these guys you hate aren't trying to defend selfish attitudes of CEO's, they're just taking offense at you calling them dumbasses when their numbers are right, and yours are crazy.
If 'holier than thou' means getting pissed at both sides bobble-heading each other, then I guess I'm guilty as charged.

Lol, where are you getting these numbers. First you cite a random article about McDonalds and now this. Second, it doesn't take a restaurant owner to know if you actually add up the numbers yourself, with basic knowledge of how a restaurant is ran, you'd know those numbers would not add up correctly. Third, I do not know where you're getting this 175k NET weekend from because I never said that. For one thing, you cannot really calculate precisely the NET profit of a single weekend, it doesn't work like that. Why? Because when you look at yearly or quarterly numbers, they tally up variables like who got hired, who got fired, sick days, worker's comp, etc. Stuff that usually the span of a weekend is not enough to influence the over precision of the end numbers.

Do yourself a favor and read this article, because you have brought zero to the discussion, and thanks for posting because it's good to know you're just another dense one.
http://www.reuters.com/article/2012/10/30/dineequity-results-idUSL3E8LU3ZI20121030