A new $20 minimum wage for California's fast-food workers starts on April 1. Here's how it could impact consumers and businesses.That's a 25% increase from the California's current $16 minimum wage that took effect on Jan. 1.Lawmakers proposals to raise the federal wage so far have gone nowhere.Business owners say costs will also increase for them and their customers.This new law will impact more than half a million fast-food workers in the Golden State.
"It's a redistribution of wealth to the workers so they could have a better standard of living," said Roger Hayes, San Francisco resident. Bruce Stimson, the owner of Fisherman's Pizzeria, worries that new $20 minimum wage for fast-food workers will lure away potential employees."I have 10 Auntie Anne's and Cinnabons in the Bay Area. So five Auntie Anne's, five Cinnabons," said Johnson."That's going to impact us by an increase of $470,000 annually across those 10 stores," said Johnson.
Source: Law Daily Report (lawdailyreport.net)
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