'I can't charge $20 for a Happy Meal': McDonald's franchisee responds to California's new fast-food worker wages

Tech Insider : Economy
An aerial view of McDonald's on Crenshaw Blvd, south Los Angeles on Friday, March 29, 2024.
McDonald's.

Allen J. Schaben/Los Angeles Times via Getty Images

Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike

Tech Insider
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas
Two Pizza Hut franchisees in California are among those who are laying off workers.

Brandon Bell/Getty Images

Owners and managers at some Washington Subway stores kept $80,000 in staff tips and reduced workers' hours on their timecards, a federal agency says

Tech Insider
An employee halves a Subway sandwich at a Subway restaurant on January 12, 2023 in Austin, Texas.

Brandon Bell/Getty Images

Here's what might happen after California raises fast-food wages to $20, from higher burger and pizza prices to better wages for retail workers

Tech Insider
McDonald's worker in Mims, Florida, stands behind the cashier desk to serve a customer
McDonald's thinks it is better place to absorb forced wage increases in California than other chains.

Jeffrey Greenberg/Universal Images Group via Getty Images

A server in Michigan who got part of a $10,000 tip from a mourning customer says she was fired by the restaurant just days later

Tech Insider
Man Leaves Tip on Credit Card at Restaurant
A diner left a $10,000 tip on a $32.43 meal at a café in Michigan.

Grace Cary/Getty Images

I hate to say it but, yes, you should dress for success

Tech Insider
Young man, employee standing at summer beach, packing suits and fishing workings tasks.
Dressing professionally is about respecting your colleagues and job enough to make an effort.

Getty Images/master1305

China's crashing birthrate will leave millions of teachers jobless in the coming years

Tech Insider : Economy, Economy
Chinese students at school with a teacher
China could face a surplus of nearly 2 million teachers in the coming years.

Nik Wheeler / Contributor

When to fire your boss and take a new job

Tech Insider
An illustration of an envelope stamped with the term
Think twice about changing jobs if you're offered a similar role elsewhere for a bit more money.

Getty Images/tommy

Don't count on mortgage rates falling just yet. A Fed official says interest rate cuts may only come in the summer.

Tech Insider : Economy, Economy
Branch President Raphael Bostic poses for portrait in front of Atlanta, Georgias Federal Reserve Bank on August 4, 2020.
President of the Federal Reserve Bank of Atlanta, Raphael Bostic.

Eric Hart Jr./The Washington Post/Getty Images

How to manage your boss

Tech Insider
Side view of young businessman climbing abstract drawn ladder on blurry city sky background.
Don't count on your boss to manage your career growth.

Getty Images/peshkov

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