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Opinion: Shades of hypocrisy, similarities in Seattle minimum wage and hazard pay debates


Opinion: Shades of hypocrisy, similarities in Seattle minimum wage and hazard pay debates
(KIRO Radio, Matt Pitman)
The battle to provide fair wages to workers in Seattle is one that dates back years. It’s also one that’s defined by an argument as old as time from large-scale employers, who claim that fair wages are somehow bad for everyone.
We’ve often seen that argument come up when a restaurant owned by a major conglomerate shuts down a Seattle location, and now we’re seeing it rear its head amid the city’s recent passing of a $4-an-hour grocery store hazard pay ordinance. ....

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Jack In The Box Inc (JACK) Q1 2021 Earnings Call Transcript


Jack In The Box Inc (JACK) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Jack In The Box Inc (NASDAQ: JACK)
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Operator
Good day, everyone, and welcome to the Jack in the Box, Inc. First Quarter Fiscal 2021 Earnings Conference Call. Today s call is being broadcast live over the Internet. A replay of the call will be available on the Jack in the Box corporate website starting today. [Operator Instructions]
At this time, for opening remarks and introductions, I would like to turn the call over to Carol DiRaimo with Investor Relations for Jack in the Box. Please go ahead. ....

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A Raised Minimum Wage Doesn't Have to Hurt Restaurants


In 2012, the organization Fight for 15, composed of fast-food workers who walked off the job to demand a living wage and workers’ rights, formed in New York City. The federal minimum wage has stayed stagnant at $7.25 an hour since 2009, a rate that, adjusted for inflation, is “about 29 percent less per hour than [workers’] counterparts made 50 years ago.” And though some states have instituted higher minimums (and although $15 an hour is hardly a living wage either), momentum has grown, especially within the restaurant industry, for the implementation of higher wages and the elimination of tipped minimum wage.
Now, “President-elect Joe Biden has pledged to boost the federal minimum wage to $15 an hour, eliminate the tipped minimum wage and index minimum wage to the median hourly wage,” says CNBC. But in light of this, some restaurant owners are stoking fear among customers. Menu prices will have to go up to account for this, they say, which could mean you’ll no l ....

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