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Money in the Food Industry and Tipping Infographic

Filed under: Business Infographics, Food Infographics | 2 Comments »

tipping-infographic

Here we have a rather intriguing concept for an infographic, and one I am surprised we have not seen before. With about $556 billion in fast food, casual dining, and traditional restaurant food sales last year, it’s safe to say that America loves its food, and, as this graphic demonstrates, it also loves its tipping. This graphic is loaded with interesting economic bits, including exactly how much a company like McDonald’s makes from a single cow. The average cow costs $600, and the average price of a quarter pounder is $3.75. With a math formula of $3.45 times 450 (the number of estimated quarter pounders from each cow), that equals $1552.5. Not a bad return on the cow–a profit of $952.

The graphic also points out the darker side of the economics. McDonalds sells 75 hamburgers to health-conscious people every second, but fast food workers only make between $6.80 and $7.50 an hour. Being a fast food worker is actually the lowest paid median job in the U.S. This portion of the graphic then transitions into the fact that these fast food workers do not get tips, and to the best of my knowledge, they are not allowed to accept them if a custodian offers one.

Despite the harsh reality that these underpaid fast food workers do not receive tips of any kind, other American workers do receive plenty of tips, and in some cases, more tips than they know what do with. Americans gave 16 billion in tips last year, with the average tip rate clocking in at 17.50%.

Be careful about traveling outside of the U.S. and applying its same core tipping principles though. In Japan, tipping someone is highly inappropriate and can land you on a Japanese citizen’s “idiot list” faster than you can say “Bonsai!” Tipping in Singapore can end up getting you thrown in jail (no surprise there), and tipping in Australia can win you a nice punch in the face. Interesting note about Australia–it’s illegal to tip in casinos. That’s quite a contrast to America, where it’s customary to tip the waiter every time you order a drink at a casino. It seems Australian casinos aren’t as hell bent on taking your money as ours are.

Now, let’s delve into the grading segment.

Design: C+

This graphic’s design is OK–it doesn’t attempt to reinvent the wheel, so I suppose the design here is as good as it goes. It lacks original graphics, as all of them have been taken from stock sources. Normally, that doesn’t bother me, but it does here for two reasons: 1.) There was  real opportunity here to do something unique and 2.) I have been told that my infographic teaching license might be revoked if I kept handing out “A’s.”

Content: A-

Some nice facts throughout this graphic, if they are in fact, well, facts.  The cow statistics show some good research, even if there is a bit of a poetic license involved in the final conclusion that 1 cow equals exactly $1552.  As for the portion on celebrity tipping, I would classify it as hearsay and wouldn’t necessarily present it as facts in an infographic, but the creator of this graphic technically does not say that anything about these celebrities is a set-in-stone fact, so I suppose the creator keeps themselevs in the clear there. (You do have to be careful. Ms. Lohan is known to sue.)  Overall, a solid graphic. It makes me hungry and puts me in the mood to drive and dine.

Infographic submitted by Denise & Lee and Discount Vouchers.


2 Comments on “Money in the Food Industry and Tipping Infographic”

  1. 1 Darrel Westbrook said at 3:10 pm on September 26th, 2010:

    $952 profit on a given cow. Is the reviewer really that economically native? Lets talk about McDonald’s cost to be able to sell that cow in their establishments and compare that to the profit the government makes on that same cow without having to do anything except rake in the cash.

  2. 2 sexinstilettos said at 12:12 am on October 2nd, 2010:

    sean penn is actually a 100% tipper. it is metallica who is cheap as well as bad tippers. kate hudson is a good tipper as well as green day and no doubt.

    :)