Tag: Minimum Wage

McDonald’s Says Goodbye Cashiers, Hello Kiosks | Forbes

McDonald’s Says Goodbye Cashiers, Hello Kiosks | Forbes

My concern about this is personal. Without my opportunity to start as a grill man, I would have never ended up running one of largest fast food chains in the world. I started working at McDonald’s making the minimum wage of 85 cents an hour. I worked hard and earned a promotion to restaurant manager […]

What higher wages means for Domino’s and McDonald’s | Arizona’s Family

What higher wages means for Domino’s and McDonald’s | Arizona’s Family

NEW YORK (CNNMoney) — Americans are finally getting paid more – and that’s creating challenges for nearly all of your favorite restaurants. Labor expenses make up an average of 25% to 30% of restaurants’ sales. Rising wages are forcing fast food and quick-service chains, including Olive Garden, LongHorn Steakhouse, Domino’s, Wendy’s, Jack in the Box, […]

Minimum Wage Increases Are Reducing Jobs for Teens | Economics21

Minimum Wage Increases Are Reducing Jobs for Teens | Economics21

The reasons for this decline matter, both to our understanding and to the welfare of the individuals involved.  If the work decline has occurred simply because teens and their families are correctly calculating that they are better off staying in school without simultaneously holding a job, then the trend might be benign.  If so, we […]

As Minimum Wages Rise, Restaurants Say No to Tips, Yes to Higher Prices | The New York Times

As Minimum Wages Rise, Restaurants Say No to Tips, Yes to Higher Prices | The New York Times

SEATTLE — Restaurant owners, customers and staff have long railed against the tyranny of tipping, but like a love affair gone bad, it has proved difficult to quit. Now, prompted by a spurt of new minimum wage proposals in major cities, an expanding number of restaurateurs are experimenting with no-tipping policies as a way to […]

Minimum Wage and Prices | Pragmatic Pricing

Minimum Wage and Prices | Pragmatic Pricing

There is a lot of talk about raising minimum wage.  Of course this is a tough political issue with one side claiming it will cost jobs and the other side claiming people can’t live on $7.25 an hour.  This blog is about neither of those things.  This blog is about what will happen to prices. […]

This Week in Pricing > 3/1/14

This Week in Pricing > 3/1/14

Top Headlines 6 Reasons Why Discounting is Destroying Your Sales (And What to do Instead) | HubSpot 4th Secret to Selling at Full Price: Be Prepared to Walk Away | The Sales Hunter When the Minimum Wage Goes Up, the Menu Price Also Rises | BusinessWeek Priceline for landlords may determine your apartment’s next rent […]

Pricing News Daily > 2/28/14

Pricing News Daily > 2/28/14

Top Headlines 6 Reasons Why Discounting is Destroying Your Sales (And What to do Instead) | HubSpot Do cloud storage pricing cuts attract customers? | Tech Target LiquidM Disrupts Mobile Advertising Pricing Models, Brings Media Buyers First-Ever Monthly Technology Licenses | Virtual Strategy  When the Minimum Wage Goes Up, the Menu Price Also Rises | […]