Wednesday, April 11, 2007

Pay Scale, fine dining edition

There are few stories as popular as the ones ogling the multimillion-dollar paychecks of the business and finance honchos who eat at swanky New York eateries such as Balthazar and Telepan. I wonder what those masters of the universe would think if they knew that the reservationist at Balthazar makes $12 an hour, or that the waiters at Telepan not only earn just $4.60 an hour, but the managers take a "huge portion" of their tips as well. Just askin'.

(Via Eater)

Posted by Felix at 21:55 EST

Comments

Uh...do you think they would have any reaction at all except perhaps smugness? Or a sense that the market is perfect.

Posted by: David Sucher at 23:24 EST, April 11, 2007

Do you think that the reservationist at Balthazar adds particularly more value or is much more skilled than the reservationist at The Keg?

Posted by: John S at 2:24 EST, April 12, 2007

Post a comment




Remember Me?


(you may use HTML tags for style)

Search felixsalmon.com:
A blog about finance and economics, mostly, by Felix Salmon in New York City. Email me.

Felix Salmon: Recent posts

Felix's del.icio.us links

Archives