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Restaurant workers increasing share of income from tips
Trends

From Gratuity to Gravity, the Rising Impact of Tips

An increasing share of restaurant worker income comes from tips (Square Payroll Index, 2024): The restaurant industry is about 10% of the total U.S. workforce, and the majority of its 12.4M workers rely on tips for significant income. These tips are becoming a larger share of restaurant worker income, but they are also more volatile due to changing consumer behavior and economic downturns.

By Mission Flywheel, 1 yearNovember 22, 2024 ago
Labor Productivity Growth Surges in the US
Trends

Labor productivity surges while Amazon ends WFH

US labor productivity has soared in the last five years, far more than other countries. The U.S.’s comparative advantage in technology likely played a key role. Other factors include a more flexible labor market, stronger investment in innovation, and a robust government stimulus that helped fuel a faster post-pandemic recovery.

By Mission Flywheel, 1 yearSeptember 18, 2024 ago
Low-Wage Workers as Percent of the Workforce, by State
Trends

Funding for startups, from robotics to refugees

Low-Wage Workers as Percent of the Workforce, by State (Visual Capitalist) – For the past 15 years, the federal minimum wage has remained unchanged, with its real value now at its lowest point in 67 years.

By Mission Flywheel, 2 yearsJuly 19, 2024 ago
Partnerships for the UN Sustainable Development Goals
Companies

Partnerships for the UN Sustainable Development Goals

To create partnerships for the Sustainable Development Goals, we need increased investment, improved coordination, and strong political will. These are some organizations making contributions to partnerships for the UN Sustainable Development Goals.

By Mission Flywheel, 2 yearsMarch 9, 2024 ago
Revenue growth challenges for seed stage companies
Best Practices

Top Revenue Growth Challenges for Seed Stage Companies

Generally they are still in the early stages of development. Without significant revenue, they do not have the resources to hire a large sales team or invest in complex sales infrastructure.

By Mission Flywheel, 2 yearsNovember 10, 2023 ago


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Recent Posts

  • The Light Bulb as a Case Study in Disruptive Innovation
  • What Cloud Computing Can Teach Us About Embracing AI
  • How the Personal Computer Overcame Doubt and Changed the World
  • Settling for Less: the Tradeoffs of Job Hopping
  • From Gratuity to Gravity, the Rising Impact of Tips
  • October Surprise: record job disruptions due to extreme weather
  • McKinsey’s findings on progress in gender parity
  • What’s Behind The Drop in Job Tenures?

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