Analysts Explore Restaurant Industry at $15 an Hour
As the country tracks toward a $15 federal minimum wage, two analysts took a look at what it would mean for the restaurant space. Peter Saleh of BTIG and Michael Halen of Bloomberg both released reports. A $15 minimum wage is part of the Democratic platform. The latest look at the plan was a phased approach from the current minimum wage of $7.25 to $15 by 2026. The broad change under a new federal minimum is not the whole picture. Many states are raising wages under their own plan. Dozens of st...
Source: franchisetimes.com