rob in cal
Jr. Member
Posts: 1,984
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« on: March 31, 2016, 10:04:37 AM » |
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Assuming this passes, and our restaurant is not exempt from it, it will be interesting to see what happens. The extra wages would put us into the red profit wise, so the two main counter-measures to this would be labor cut-backs and price increases. There is some margin for labor cutbacks at our restaurant, though this leads to weaker customer service, but the main countermeasure will of course be price increases and I'm sure they will be coming, as they have in the past as minimum wage has gone up over the last years.
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