Source: Berman and Company
By Samantha Summers
April 14, 2019
A study conducted by Harri polled 173 restaurants about the impacts of raising the minimum wage. 71 percent of respondents said to cope with the rising labor costs would raise menu prices, while nearly half reworked the prices of their food and beverage options to combat rising labor costs. Another 64 percent said they plan to reduce employee hours, and 43 percent would eliminate staff positions.