Tim Hortons dropped from fourth to 50th in Canadian brand reputation survey, and rightly so. I will stop virtual anywhere than at that particular chain now, except maybe to use their washroom.
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Tim Hortons
- Thread starter Phillip L
- Start date
The new ownership group, 3G, is pretty vicious with its control on expenses. One can argue that they are doing a lot of things to save costs in the short term that will hurt the company in the long term. They have decimated the head office staff in Oakville, I have a relative that was just terminated a couple of weeks ago. For example, they have drastically reduced the number of people in the company that deal with food safety.
See this article from ROB magazine (sub may be required): Inside the brutal transformation of Tim Hortons
sakimano
Active Member
screw = take away free stuff because other rising costs (mandated minimum wages) in the business mean the business is losing a huge portion of its profitability?
PRE minimum wage hike - these employees were earning $12/hr and were getting a 'free meal' worth about $5 a shift as well as 0.5 hrs of paid breaks per day. Net annual income + free meal benefits assuming 2000 hrs worked (50 weeks x 40 hrs) = $25,250/yr
POST 2019 minimum wage hike+employee 'screwing' - $15/hr, 1875 hrs paid (reduced because breaks aren't free) and $0 free meals = $28,125/yr (aka $2875 or 11% raise = getting screwed)
The business owner, if they have 18 full time employees, just saw costs go up $51,750/year if you include his cost cutting measures / screwing. If he did nothing and continued the free breaks and meals along with the wage hike, he'd have seen his costs go up $108,000/year
The average Tim Hortons franchise made about $300,000 in 2017. Imagine seeing YOUR paycheque cut 36% and your income dropping from $300,000 to $192,000 at the flick of a switch because the provincial government is buying votes in an election year.
Someone's getting screwed alright...
sakimano
Active Member
This is Tim Horton's. Cheap coffee cheap snacks cheap sandwiches. It relies on cheap labour or else prices look like Starbucks and then people don't go to Tim Horton's.
As the business owner faced with this you have a few choices:
1. Raise prices considerably
2. Fire employees and make 15 do the work of 18
3. Cut costs (those other benefits) to make it amenable
Since #3 catches negative publicity, they will do #2. Much worse scenario having people unemployed and earnings $0 rather than employed and earning $24,000/year. Once he does that the business owner has stretched resources, will lose a bit of efficiency, but he'll be fine.
The attempt to redistribute wealth from the business owner to employees turned into the 3 fired employees' incomes now being redistributed to the other 15 remaining in effect, and they're working harder for their money.
Your analogy that, because they have multiple stores (they don't...you just made that up) and are wealthy that means they should be ok with a 30% pay cut because they're wealthy makes no sense. How about you donate $54,000/year to your local Tim Horton's and split the lost profits with the owner. You should be fine. You still make good money. Isn't socialism grand?
Okay we're well off-topic. I apologize to contributing to that! Back to Superchargers please.
sakimano
Active Member
lol I'm guilty.
Although spring supercharger construction has already begun so this topic has kind of sailed off into the sunset. Poll should be closed and Cokes distributed appropriately to those who voted pre-July 1st
sakimano
Active Member
says the guy with a $150,000 car...(this is the canada section so don't say your car wasn't $150,000)
Believe it or not, it is actually possible to have money and still support progressive politics wrt living wage.
Whisky
Member
Imagine, doing nothing and making $300k a year and a gov’t policy changes so your employees get paid a living wage, so they can afford healthier food, and rent, and not work two or three jobs to support their families, and you’re still doing nothing but only making $192k a year. Damn. Life is tough.
Investment conditions change all the time. Someone that can afford multiple franchises that earns less money a year is not a concern we, as a society, should have. They still have profitable businesses, and homes, and cars, and cottages.
Put differently, if you own a house and a car, and you’re making money off the backs of hard working employees that can’t afford the basic costs of living on a 40 hour work week, your business is a failure. In the case of Tim Horton franchises, they’re fine.
Eco Capitalist
Member
I cited Tim Horton's as it is one of the few (potential) 24 hour food joints one might find at a super charger. I did not intend for this to devolve into a socialism vs capitalism commentary. With so many of the new (Ontario) superchargers being in malls, our late night/early morning options are quite limited and I, for one, do not have a Keurig wired into my car.
Tesla is certainly under no obligation to provide amenities, but gas stations have set a precedent for the travelling public. Imagine a bunch of gas pumps, sitting in a parking lot, with nothing else around. People would question that.
I'll take a Coke Classic or a Coke Life (in a pinch) please.
Tesla is certainly under no obligation to provide amenities, but gas stations have set a precedent for the travelling public. Imagine a bunch of gas pumps, sitting in a parking lot, with nothing else around. People would question that.
I'll take a Coke Classic or a Coke Life (in a pinch) please.
Whisky
Member
Fortunate to have the financial security to belong as a member of this community, but the world is changing. Ten years ago, someone makes an inappropriate comment, and we laughed it off as "Oh John, always a kidder." Today, having conversations like this is important. Speaking out against someone that believes a business owner has the right to underpay employees to the point that they can't afford to live within the city they work is important.
We can't have $100k+ cars without entitlement, but we shouldn't ignore entitlement when it's part of the community. There's a common theme amongst Tesla owners of making the world a better place, and I'd like to think these debates are in that same spirits. More importantly, especially because we drive ridiculously wonderful and expensive cars, being united in a stance for people being paid a living wage is important.
All very noble and all, but still off topic. Shall I move this to off topic?
sakimano
Active Member
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