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Thursday, July 30, 2015

New York minimum wage increase: Who really pays - Jul. 30, 2015

New York's new $15 minimum wage for fast food workers applies to more than 100 brands doing business in the state. The only criteria: They must operate in at least 30 locations nationwide.



That suggests only the big guns -- like McDonald's (MCD) and Dunkin' Donuts (DNKN) -- would be hit with the targeted wage hike, which will represent a 71% increase when it fully takes effect in 2021.



New York minimum wage increase: Who really pays - Jul. 30, 2015

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