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Old 05-19-2010, 03:58 PM   #33
Slingin Sammy 33
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Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
Re: Too FAT for Hooters?

Quote:
Originally Posted by Schneed10 View Post
Yeah this sounds about right to me. Problem is they often have to pay for health insurance out of pocket. Restaurants are not known for providing the best health insurance, though admittedly I don't know what Hooters' benefits are like specifically.

$50K for a company like Citi in a data analyst type role, or something like that, is worth a lot more than $50K from waiting tables at a typical restaurant.
Not in a cash/tips business like Hooters. They aren't going to claim over 60% (usually more) of their tips. That's 60% of their income tax-free. Basic single person health insurance is about $ 90-100 per month. The waitress nets out ahead.
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