Posts tagged Wendy’s
Opinion: California’s Bad April Fools Joke: $20 Minimum Wage For Flipping Burgers
April 7, 2024 // Friedman reminded us that fast food jobs don’t require much training, and used to be a traditional training ground for the unskilled. But not any longer thanks to the minimum wage laws. And every increase in the minimum wage hurts the low paid and the unskilled the most. Any economist could have predicted, and Milton Friedman warned us so many years ago, fast food businesses are going to have to downsize their workforce, reduce employee hours, raise prices and automate more… all because Gavin Newsom and California’s Democrat lawmakers meddle in the private sector. As Friedman famously said, “The rise in the legal minimum-wage rate is a monument to the power of superficial thinking.”
Why Is Panera Exempted From California’s New Minimum Wage Law?
March 4, 2024 // That exemption stands to benefit Greg Flynn, owner and CEO of the Flynn Restaurant Group, a conglomerate that operates more than 2,300 restaurants nationally and is the second-largest Panera franchisee in the world, according to the company's website. Flynn and Newsom go way back: Bloomberg reports that the two attended the same high school at the same time—Flynn was student body president during Newsom's freshman year—and the restaurateur has donated to Newsom's gubernatorial campaigns and bragged to colleagues about his close relationship with the governor.
Panera Bread exempt from California’s $20 minimum wage law after owner donated to Gov. Newsom: report
February 28, 2024 // But the Fast Food Accountability and Standards Recovery Act (FAST Act) includes an unusual carve-out that exempts “chains that bake bread and sell it as a standalone item,” according to Bloomberg News. Newsom reportedly sought the exemption, which benefits among others Greg Flynn, the billionaire CEO of Flynn Restaurant Group, the company that owns some two dozen Panera Bread locations in the state.
Chipotle testing robots to make bowls, salads
October 6, 2023 // Eventually, Namasivayam expects that a certain percentage of restaurants — maybe 30% — will continue to have human servers and be considered more luxurious, while the rest will lean more heavily on robots in the kitchen and in dining rooms. Economics are on the side of robots, he said; the cost of human labor will continue to rise, but technology costs will fall.