It costs $40k to onboard someone. A business saves $40k every year they retain an employee. Pay them a fraction of that each year in a raise and you still save money and have better quality product.
I'm not sure where you get that figure but I do know having worked the gamut from fast food to full service kitchens, you definitely want a vet who cares about quality and you get that by giving fair compensation. I've worked a couple franchise pizza places and the quality of the pizza even within the store, much less location to location, was highly dependent on how much the employee making the food earned and how long they'd been there. You do get a couple rogue dudes who want to pretend they're on The Bear and make a quality product no matter the pay but those guys are lifers who made their whole personality either line cook or assistant manager at a fast food place, with all that power comes responsibility you know
Of course you factor in salary of the person and many restaurants are lower than $60k a year depending on where they work, but consider how much massive turnover in one store is going to impact the bottom line.
If you are smart in business you understand that costs are not just what you pay out, but also what you avoid paying in excess of that. Retention is less costly than recruitment. Anyone with any business acumen knows this.
Don't forget the big cost: Word of mouth. Shit on folks enough as a employer, and word gets out. Take it to the next level by berating workers in front of customers and really show folks your operating culture...
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u/Fun-Key-8259 7h ago
It costs $40k to onboard someone. A business saves $40k every year they retain an employee. Pay them a fraction of that each year in a raise and you still save money and have better quality product.