Saw this report this morning. Unsure if it has been posted prior. Apologies if so.
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Thanks for posting. It’s interesting, but like 42% of the number is wages, which, sure, regs mandate minimum wages, but, to me, that’s a very different category of compliance. And, health insurance requirements for larger are 30%. Again, sure, but that’s a cost of hiring people in the US with how we’ve structured health insurance.
Also, I may have missed it, but there’s nothing much about how those costs have changed over time, how they compare to other counties, etc. Are the costs high? Low? Just right? How do they compare to other regulated industries? (There’s a little bit about other ag, but what about beyond)
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This struck me as odd, too. Is the cost of labor really a “regulatory cost” or just part of the cost of doing business.
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Cross posted from the wine text from Wine Library and the Bedrock threads. Bedrock wines show up at retail but rarely do you see a Dolinsek at basically mailing list price.
I didn’t scrutinize the report that closely. In haste, perhaps the sentiment is that paying labor what you want to pay them (and what they have to accept in order to work) is cost of labor. Having to pay the employees more (and make them employees in a more binding sense) is the result of Californian law. Interpreted by the authors as a regulatory cost.
The argument may be similar to that about a minimum wage for restaurant workers. As always, I am not offering a personal opinion. Trying put myself briefly in the authors’ shoes.
I found a related article which might shed light.
A while back we were talking about producers using smaller form factor bottles, or something different like cans and bags. Specifically noting that it would take a few reputable higher end producers embracing the change to shift consumer expectations about bagged/canned wine. I woke up to an email from matthiasson releasing a bagged rose for earth day. Seems like it was made in limited quantities since it’s sold out already, but I thought this was kinda neat!
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Down year so far. First it was dry January . Then an unexpected number giving up alcohol for Lent. Now we have people not eating starches, or alcohol to get into their clothes ( swimsuits) for summer! Hopefully this all passes soon!!
When imaginary restaurants that normally out perform restaurants in the real world aren’t doing well, you know there are issues in the market. Even the prowess of their imaginary buyer can’t improve their balance sheet. Tough times.
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It’s about the “ITB” tag on the profile.
I think it was awarded by FIFA.
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