Reinis Quoted in Law360 on the Impact of California’s Fast Food Minimum Wage
Glaser Weil Senior Counsel Richard Reinis was featured in Law360’s recent article, “Minimum Wage Efforts Reach A Crossroads,” discussing the implications of California’s $20 minimum wage for fast food workers. As a member of the California Fast Food Council and a representative voice for franchisors, Reinis offered critical insight into how the wage increase is affecting the industry.
“The fact that on an hourly basis a worker who was previously earning $16 is now making $20 is really not the goal,” Reinis told Law360. “The goal is to increase net take home pay… if in the end, a minimum wage results in a reduction of net take home pay, it’s been self-defeating.”
He also noted the unintended consequences of the new wage floor, including reclassification of managerial roles and the acceleration of automation in fast food operations.
The full article is available here (subscription required).
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