Posted 3/31/2024, 1:41:30 PM
California's $20 Minimum Wage for Fast Food Workers Starts Monday Amid Concerns from Some Franchise Owners
- New $20 minimum wage for fast food workers starts in California on Monday
- Law passed last year to provide financial security for over 500,000 low-paid fast food workers
- Supported by trade association but some franchise owners concerned about impact during economic slowdown
- One owner says he may need to raise prices 5-15%, stop hiring, or even sell/close restaurants
- Came from private deal between unions and industry, applies to national chains with 60+ locations, some exemptions
