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Sunday, March 25, 2012

Landry's takes money from the little guy

So I know everyone is tired of hearing about how the one percent is always stealing from the 99 percent, but after I heard this I just could not help myself but to give another example. Recently, Landry's bought Morton's Steakhouse making it the largest restaurant owner in the country. Of course being the largest would more than likely make it the most profitable. So when I heard of some of its financial practices it made a little bit of steam come out of my head. Whenever you work for a restaurant, usually you get about 50 percent off when you want to come in with your family to eat, this is the norm while at work maybe even more of a discount. Well, at Landry's when you go to eat at their restaurants you get 50 percent off it's lower end least expensive restaurants and only 25 percent off the higher end, even if you work for the higher end restaurant, hmmm that's interesting. But that's not even the kicker, if you come in to open and have an employee meal, drink any soda you have to pay Landry's 9 dollars per pay check. If you don't pay you can't eat or drink anything but water and will not be able to enjoy discounts at any of the Landry's locations. What? So basically your paying for your own discount. It would be understandable if this was a small restaurant with a low profit margin, but we are talking about the largest restaurant company in the U.S. I must say I was a little shocked to hear this.

But don't worry that's really not what got my blood boiling, servers in restaurants get paid well below minimum wage, which usually would be made up for in tips. When receiving these 18 to 20 percent tips that's really how servers live. Every company that uses credit card machines must of course, pay a fee.  This fee usually isn't that much for high volume companies one to two percent. But Landry's doesn't have to worry about paying, they just take it out of the servers tips. So if there is a tip left of one hundred dollars, that server is really only getting $98. Now I know this may not seem like a lot on one tip but imagine a whole night or week of this. They are taking thousands of dollars away from hard working servers that completely depend on the tips that they receive when they work. As if it's not hard enough to make ends meet in this economy. I'm even more shocked that no one else has brought this to the public's attention, this is far from being fair. There is no ethical way that taking money from employees is how you pay your bills, plus making a profit on top of that!!! This is crazy, Unethical, and downright unfair!!! The one percent taking from the 99!

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