...not to worry, Barry said. Liar.
http://www.nfib.com/article/healthcare-reimbursement-penalty-69771/
http://www.nfib.com/article/healthcare-reimbursement-penalty-69771/
Small Business Owner?...Bend over again
- Thread starter Gilligan
- Start date
...and again. Although this one will affect about every business, not just the smaller ones.
http://www.politico.com/story/2015/06/obama-overtime-rule-wage-raise-119566.html?hp=t4_r
http://www.politico.com/story/2015/06/obama-overtime-rule-wage-raise-119566.html?hp=t4_r
But there's a rainbow in the story. What happens when an employer cuts back to avoid paying....
"give existing workers either more time with their families or more opportunities to work second jobs and put more money in their pockets."
Read more: http://www.politico.com/story/2015/06/obama-overtime-rule-wage-raise-119566.html#ixzz3ejCXwq29
"give existing workers either more time with their families or more opportunities to work second jobs and put more money in their pockets."
Read more: http://www.politico.com/story/2015/06/obama-overtime-rule-wage-raise-119566.html#ixzz3ejCXwq29
San Francisco Raises Minimum Wage 14%, Guess How Chipotle Responded?
Take what Chipotle is doing in San Francisco for example, a city that recently raised the minimum wage by 14 percent.
In order to make up for the extra business expense of paying their employees a higher wage, they’ve had to offset the cost by raising their prices.
From American Enterprise Institute:
Take what Chipotle is doing in San Francisco for example, a city that recently raised the minimum wage by 14 percent.
In order to make up for the extra business expense of paying their employees a higher wage, they’ve had to offset the cost by raising their prices.
From American Enterprise Institute:
From an equity research report issued to investors by global investment banking and wealth management firm William Blair on Chipotle Mexican Grill, Inc. (NYSE: CMG) – “Price Increases Have Begun Early in Third Quarter” (received privately):
• In our weekly survey of ten of Chipotle’s markets, we found the company implemented price increases in half of the surveyed markets this week—San Francisco, Denver, Minneapolis, Chicago, and Orlando. In most markets, the price increases have been limited to beef and average about 4% on barbacoa and steak, toward the lower end of management’s expectation for a 4% to 6% price increase on beef.
• San Francisco, however, saw across-the-board price increases averaging over 10%, including 10% increases on chicken, carnitas (pork), sofritas (tofu), and vegetarian entrees along with a 14% increase on steak and barbacoa.We believe the outsized San Francisco price hike was likely because of increased minimum wages (which rose by 14% from $10.74 per hour to $12.25 on May 1) as well as scheduled minimum wage increases in future years (to $13 next year, $14 in 2017, and $15 in 2018).
• In our weekly survey of ten of Chipotle’s markets, we found the company implemented price increases in half of the surveyed markets this week—San Francisco, Denver, Minneapolis, Chicago, and Orlando. In most markets, the price increases have been limited to beef and average about 4% on barbacoa and steak, toward the lower end of management’s expectation for a 4% to 6% price increase on beef.
• San Francisco, however, saw across-the-board price increases averaging over 10%, including 10% increases on chicken, carnitas (pork), sofritas (tofu), and vegetarian entrees along with a 14% increase on steak and barbacoa.We believe the outsized San Francisco price hike was likely because of increased minimum wages (which rose by 14% from $10.74 per hour to $12.25 on May 1) as well as scheduled minimum wage increases in future years (to $13 next year, $14 in 2017, and $15 in 2018).