Tag Archive | minimum wage

Homebase Challenges Diners to EatTheCost

Homebase Challenges Diners to EatTheCost

Partner of Hourly Economy Works to Show Support of Local Business Local restaurants nationwide already face rising real estate costs and competition from chains and online businesses. Now labor costs are increasing, with overtime regulation going into effect December 1st and minimum wage reform on city, state and federal ballots. […]

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White Castle VP: Wage Hikes Would Impact Jobs for Young Workers

White Castle VP: Wage Hikes Would Impact Jobs for Young Workers

White Castle Vice President Jamie Richardson on the impact of a minimum wage hike on the business.

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New York State Approves $15 Minimum Wage for Fast-Food Workers

New York State Approves $15 Minimum Wage for Fast-Food Workers

New York state will gradually raise the minimum wage for fast-food workers to $15 an hour – the first time any state has set the minimum that high. Gov. Andrew Cuomo’s administration formally approved the increase Thursday, a move the Democratic governor announced at a labor rally with Vice President […]

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Burger King Franchise Co-Owner on Minimum Wage

Burger King Franchise Co-Owner on Minimum Wage

Burger King franchise co-owner David Sutz on the impact of the potential minimum wage increase in New York.

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Study: Raising wages to $15 an hour for limited-service restaurant employees would raise prices 4.3 percent

Study: Raising wages to $15 an hour for limited-service restaurant employees would raise prices 4.3 percent

Raising wages to $15 an hour for limited-service restaurant employees would lead to an estimated 4.3 percent increase in prices at those restaurants, according to a recent study. Researchers from Purdue University’s School of Hospitality and Tourism Management also examined the impact of limited-service restaurants offering health-care benefits and found […]

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New York Plans $15-an-Hour Minimum Wage for Fast Food Workers

New York Plans $15-an-Hour Minimum Wage for Fast Food Workers

The labor protest movement that fast-food workers in New York City began nearly three years ago has led to higher wages for workers all across the country. On Wednesday, it paid off for the people who started it. A panel appointed by Gov. Andrew M. Cuomo recommended on Wednesday that […]

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Higher Minimum Wages Chomp into Restaurants

Higher Minimum Wages Chomp into Restaurants

Labor’s victories in hiking minimum wages stand to “eat into” restaurant profitability, warned Moody’s Investors Service Thursday, confirming the fears of investors. Profit margins of U.S. restaurants could be hit by up to four percentage points over the next few years – a brutal hit to an industry that already […]

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Restaurant economies shift with minimum-wage increase

When California’s minimum wage jumped from $8 to $9 on July 1, owners of restaurants, coffee shops and bars braced for the fallout. They would either have to bump up prices and risk losing customers or absorb the hit and deal with slimmer margins. Some had developed new cost-and-pricing strategies […]

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Restaurant Industry Expert Says $15 Minimum Wage Would Add $300K to Yearly Crew Expenses of Typical QSR

Restaurant industry expert Kevin Burke today warned that a minimum wage increase to $15 per hour from $7.25 per hour would add approximately $300,000 per year in crew wage expenses to the prototypical quick-service restaurant (QSR) establishment – leading to the closure of thousands of quick-service restaurants (QSR) and the […]

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New Survey of Employers Shows 38% of Those Who Pay Minimum Wage will Lay off Workers if Wage is Hiked

Survey Reveals Impact of Raising Minimum Wage to $10.10 Express Employment Professionals, the nation’s largest privately held staffing firm, today released the results of a survey asking employers about the impact a minimum wage hike will have on their businesses. If the minimum wage were raised to $10.10 an hour, […]

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National Restaurant Association Member Testifies at Congressional Committee Hearing on Minimum Wage

A National Restaurant Association member today told a Senate panel that a federal minimum wage increase would have a negative effect on the predominantly small-business restaurant industry and ultimately harm employees – possibly forcing restaurants to reduce employee hours, postpone plans for new hiring and expansion, and reduce the number […]

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