Minimum-Wage Increase Takes Toll on California’s Fast-Food Restaurants, Survey Finds
31st July 2024
Two-thirds of California fast food restaurant operators who responded to an online survey believe their costs will increase at least $100,000 annually per location, according to a report released July 19 by the Employment Policies Institute—a Washington D.C.-based lobby group.
Approximately 26 percent of respondents said they expect costs to increase by more than $200,000 at each location.
In June and July, 182 operators were polled on their thoughts about a new minimum wage law requiring quick service restaurants with at least 60 locations nationwide to pay employees a minimum of $20 per hour. The law took effect April 1.
“People aren’t getting paid enough! I know! Let’s pass a law that forces businesses to eliminate their jobs entirely! Yeah, that’s the ticket!”