soarer
Banned
- Joined
- Jun 23, 2004
- Messages
- 36,730
- Reaction score
- 1,596
They are getting a very unfair and inadequate reward for a lot of time and work. Anywhere else in the world, the margin is such that including preparation time(around 4 hours), they should be able to make a tidy sum covering one meal time. For eg in Malaysia, rm8 to rm10 a meal. Over a lunch time they can sell 40 to 50 bowls and that's rm500 and they can close shop. If they choose to do both meal times then more money. But one meal time plus preparation time which is around 8 hours is the correct amount of effort.
Only in Singapore food sellers need to slog 12 to 14 hours to see profit. This is due to price depression. One plate of rice going for $3 to $4. How much is margin? Need to sell how many donkey plates to make $500? One meal time is impossible to make a decent amount. Therefore food business has a terrible work life balance and they often need to do long hours to really see money. Surprised this has not been addressed.
In most developed countries like hk or japan food cost $10 onward. This is really a fair reward for someone who bothers to wake up early to cook and feed people. It is time to adjust singapore food pricing and make the industry a better one in terms of work life balance.
Only in Singapore food sellers need to slog 12 to 14 hours to see profit. This is due to price depression. One plate of rice going for $3 to $4. How much is margin? Need to sell how many donkey plates to make $500? One meal time is impossible to make a decent amount. Therefore food business has a terrible work life balance and they often need to do long hours to really see money. Surprised this has not been addressed.
In most developed countries like hk or japan food cost $10 onward. This is really a fair reward for someone who bothers to wake up early to cook and feed people. It is time to adjust singapore food pricing and make the industry a better one in terms of work life balance.
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