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Re:Restaurant workers quit at record rate by fragmede on Tuesday July 20, 2021 @08:37PM (#27900967)
Your numbered points stand - no healthcare, no retirement, or other benefits a FAANG employee would have, but your numbers are low for a high end restaurant. A good steakhouse for 4 might cost closer to $500, $800 for just food at the highest end, with booze being another couple hundred on top of that. And then there's the cash aspect of it. Each night's tips are required to be declared to the IRS, and not reporting it would be tax fraud, but the reality is I'm sure not everything gets reported, boosting take home amounts, making the numbers incomparable without further analysis.

I've heard of bartenders making more than $100k/yr, (but still with no benefits).

Re:Restaurant workers quit at record rate by greedo on Tuesday July 20, 2021 @08:47PM (#27901028)
A "good steakhouse" doesn't charge $200 per customer unless it's selling Kobe/Wagyu. And the percentage of customers buying Wagyu over the $50 ribeye is very small.
Re:Restaurant workers quit at record rate by kelnos on Tuesday July 20, 2021 @10:00PM (#27901495)
Even with the $50 ribeye, that four-top is still generating $200 on food per turn, more than the grandparent's original $120 estimate.

Maybe my view is skewed from seeing prices in expensive cities, but I think the beef alone at a good steakhouse is gonna run you more like $75-$100 per person, and that's not even for the high-end wagyu (which will probably run $150-$250 for most cuts). Then add another $10-$30 per person for appetizers and side dishes, and maybe dessert on top of that.

I feel like it's pretty hard to walk away from a good steakhouse spending less than $80 or so, even if you have nothing to drink. And the more common case is probably quite a bit more than that...