Thursday, July 24, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
News Wave
No Result
View All Result
Home Business

McDonald’s Franchisee Grapples With Wage Hike

22 March 2024
in Business
0
McDonald’s Franchisee Grapples With Wage Hike
Share on FacebookShare on Twitter
How does this make you feel?



by Rafael Pena

March 22, 2024

McDonald’s franchisees in California are at the forefront of a contentious debate surrounding the state’s new minimum wage law.

Kerri Harper-Howie, the proprietor of 21 McDonald’s franchises in California, finds herself at the forefront of a contentious debate surrounding the state’s new minimum wage law, which mandates a significant increase for fast food workers. However, Harper-Howie’s frustration stems not only from the financial implications but also from what she perceives as unfair targeting of franchise owners like herself, according to KTLA 5.

The new law, set to take effect on April 1, will raise the minimum wage for McDonald’s and other fast food workers to $20 an hour, a substantial jump from the current rate. While this increase is hailed as a victory for low-income workers, franchisees like Harper-Howie face challenges in adjusting to the higher labor costs.

The legislation, Assembly Bill 1228, emerged from negotiations between the Service Employees International Union and the California Restaurant Association, ultimately resulting in the $20 hourly rate. However, franchise owners like Harper-Howie feel excluded from the decision-making process.

“At the end of the day, this law came to pass as a result of negotiations. We were not a part of those negotiations,” Harper-Howie lamented. “We did not feel as though we had someone in the room advocating on our behalf.”

Harper-Howie, whose family has a deep-rooted history with McDonald’s, is committed to keeping prices affordable for her customers, many of whom reside in lower-income neighborhoods. Despite the looming wage hike, she vows to explore alternative efficiencies rather than resorting to significant price increases.

“It’s not the only thing that we’re doing because the truth of the matter is, you can’t raise prices enough. It would be unaffordable,” she explained. “There are cost savings that we can implement behind the scenes, and other ways to be more efficient … but this means less profitability for us, and we will absorb that. We will take less.”

As the deadline for the wage hike approaches, Harper-Howie’s stance reflects broader concerns within the fast-food industry about balancing labor costs with affordability.

RELATED CONTENT: McDonald’s Launches Mambo Sauce Nationwide With ‘Love Of Mambo’ Documentary



Source link

🪄 Creating a simple explanation...

Tags: FranchiseeGrappleshikeMcDonaldsWage
Previous Post

Will the EU finally move to integrate financial markets?

Next Post

How To Grow Your Law Firm Like A Business

Related Posts

The Smartest Cryptocurrency to Buy With ,000 Right Now
Business

The Smartest Cryptocurrency to Buy With $1,000 Right Now

by My News Wave
24 July 2025
0

Many cryptocurrencies have experienced significant gains recently, with XRP rising 60%, Ethereum more than doubling, and Bitcoin increasing by 27%. However, Polkadot, despite launching a next-generation technology upgrade, has only grown 19% in three months and remains down 40% over three years, suggesting it may present a more attractive investment opportunity compared to its peers. Want More Context? 🔎

Read more
2 Dividend Stocks to Hold for the Next 10 Years
Business

2 Dividend Stocks to Hold for the Next 10 Years

by My News Wave
24 July 2025
0

Investing in dividend stocks provides a way to earn regular income with minimal effort, especially when opportunities arise to purchase quality stocks at discounted prices. The article highlights two undervalued dividend stocks suitable for long-term investment over the next decade. Want More Context? 🔎

Read more
EastGroup Posts 11% Revenue Gain in Q2
Business

EastGroup Posts 11% Revenue Gain in Q2

by My News Wave
23 July 2025
0

EastGroup Properties (NYSE: EGP), an industrial REIT focused on Sunbelt logistics, reported Q2 2025 GAAP revenue of $177.3 million, exceeding expectations, and non-GAAP earnings per share of $2.21. Despite revenue growth, occupancy declined slightly, indicating early caution in certain markets while maintaining pricing power on lease renewals. Want More Context? 🔎

Read more
Live Oak Posts Q2 Revenue Beat
Business

Live Oak Posts Q2 Revenue Beat

by My News Wave
23 July 2025
0

Live Oak Bancshares (NYSE:LOB) reported Q2 2025 earnings on July 23, highlighting record loan production and deposit growth, resulting in total revenue of $143.7 million and EPS of $0.51, both surpassing analyst expectations. The bank, focused on small business lending and government-backed loans, demonstrated strong top-line momentum and improved cost efficiency, despite a dip in year-over-year GAAP profits. Want More Context? 🔎

Read more
Netflix Continues to Dominate
Business

Netflix Continues to Dominate

by My News Wave
23 July 2025
0

In this podcast episode, Motley Fool host Anand Chokkavelu, along with contributors Jason Hall and Matt Frankel, discusses Netflix's ongoing dominance in the streaming industry and highlights key investment insights. Listeners are encouraged to explore the full range of Motley Fool's free podcasts and consider a top 10 list of stocks for potential investment. Want More Context? 🔎

Read more
Prosperity (PB) Q2 2025 Earnings Call Transcript
Business

Prosperity (PB) Q2 2025 Earnings Call Transcript

by My News Wave
23 July 2025
0

Prosperity Bancshares (NYSE:PB) has announced a definitive agreement to acquire American Bank Holding Co., aiming to strengthen its presence in South and Central Texas. This merger will add four branches in San Antonio and may lead to a leading market share in Corpus Christi. Want More Context? 🔎

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • When license plate readers get it wrong
  • Keir Starmer says state is ‘inalienable’ right of Palestinian people
  • Toronto police open hate-crime investigation after ArtHouseTO shares 'Death to the IDF!' image
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In