People looking for a raise of the minimum wage are not going to work harder for it; they think that they simply deserve it for no reason.
Employers cannot afford to keep all their staff going at these wages, so they are starting to turn more towards automation.
Wendy’s announced…they will launch their biggest expansion of self-serving kiosks to be made available at more than 6,000 restaurants across the country. The restaurant chain has been struggling, with their stock taking a significant dip this week.Wendy’s President Todd Penegor admitted that restaurants have had to raise prices due to an increase in the minimum wage in many cities and states. Franchises will now have the choice of whether or not to use the technology to save on these labor cost increases.
They’re hardly the only ones.
In April, Jamie Richardson, a vice president at White Castle, said, “this could create a whole generation of kids who won’t get their first job. We’re in tough neighborhoods — and White Castle hasn’t abandoned those neighborhoods. On the surface, higher pay seems noble, but it’s not — because it denies the reality of the free-enterprise framework that has allowed small businesses like ours to thrive.”
Carls Jr./Hardees CEO Andy Puzder said in March, “With government driving up the cost of labor, it’s driving down the number of jobs. You’re going to see automation not just in airports and grocery stores, but in restaurants.”
Former president and CEO of McDonald’s USA Ed Rensi said, ““it will mean wiping out thousands of entry-level opportunities for people without many other options.”
What are your thoughts on this?