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Discuss why two restaurants in the same community might have different pay levels? Support your answer...

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General Management

Discuss why two restaurants in the same community mighthave different pay levels? Support your answer withexamples.

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Discuss why two restaurants in the same community might have different pay levels Support your answer with examples Two different restaurants in the same community might pay their employees differently due to the following reasons Restaurants might be facing financial crises and hence could not pay more to their employees on the other hand restaurant who is financially strong might pay more The dividend payout ratio also affects the payment made to the employees Higher the dividend payout ratio less the pay and vice versa The retention policies for future expansion or other tasks also influence the pay giving capacity of the restaurant Higher the retention policy less the amount of pay For example    See Answer
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