Posted on 04/05/2024 5:19:47 AM PDT by george76
Another California small business and its workers have seemingly suffered at the hands of the state’s newly enacted $20 minimum wage.
...
When making their way to work Monday morning, Navarro and her team learned upon arrival that the restaurant owner had made the decision to close its doors for good.
The owner, Loren Wright, told local Fox affiliate KMPH that this was the “last thing” they wanted to do, but knew by Friday night the business likely wouldn’t be able to absorb the wage hike and didn’t “want to ruin their Easter Sunday.”
The new California statewide legislation went into effect Monday and enforces a $20 minimum wage for restaurants that have at least 60 locations nationwide, except those that make and sell their own bread.
...
“I can see their intentions with increasing the minimum wage, thinking that it will attract more people,” the ex-manager added, “but I honestly don’t think it will work. This is not the first business that’s closing. There’s already a few local businesses for me that are closing, so I feel like this is just only the beginning.”
Speaking on behalf of the now unemployed Fosters Freeze team, Navarro claimed they would have preferred working at a lower hourly rate than being laid off.
“From the people that I spoke to, my employees, we would have rather stayed at the wage that we did have before, just because now we don’t have a job,” Navarro said. “And those who are still working in the areas around us that went up to $20 an hour, they got their hours severely cut. And it’s a lot less people working on shifts. So their jobs got a lot more difficult.”
(Excerpt) Read more at nypost.com ...
No, you’re wrong. If the big chains are required to pay $20/hour, small businesses will be forced to match in order to attract workers. In addition, everybody is focused on the increase in minimum wage, but IIRC, the new law also requires the affected employers to pay 401k, vacation, and other benefits on top.
It’s clear you’ve never run a business.
i’d rather mw be possibly too high and welfare low.
It is not rocket surgery.
The newly unemployed may not agree.
Possibly the only thing saving us from labor unions taking over the fast food industry is the min. wage.
Running a business—especially a small business—is very challenging for anyone.
You sound like a clueless leftist economist.
I didn’t say it wasn’t challenging. But is is not rocket science.
You sound like a clueless economist.
Try running a small business for a while—one with a significant number of employees—and then come talk to us.
In the real world statistics are irrelevant.
Waking up one morning and realizing that all your sweat and tears has led to a business that is bleeding out is a true education.
A more important question is can the working class and the managerial class share the same political (Republican) party? I do not know the answer.
Most small businesses fail within a few years—not because their owners are dumb but because it is hard—very hard.
Most small businesses fail within a few years—not because their owners are dumb but because it is hard—very hard.
Are you a prisoner in a university somewhere?
Get out and talk to real people who do real work and run real small businesses—they have the answers you seek.
I worked for a small business ( mech. contractor ). I was so disgusted with the greed and lies that I worked my ass off to get a degree. I did that so then I would not have to work with those types again. Even if I made less money it would be worth it.
Candidate for Feinsteins office actually campaigned on $50 an hour MINIMUM wage...
Start your own small business—any area you like.
I have done it—and failed at it.
The education from that is priceless.
NEWSOM BUDDY OWNS PANERA STORES.
I want nothing to do with starting a business. I did, then it would be a sole proprietor business.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.