California fast-food businesses prepare for minimum wage increase in 2023

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California fast-food businesses prepare for minimum wage increase in 2023
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With California's minimum wage set to increase on Jan. 1 to $15.50 per hour, the fast-food industry is bracing for possible changes.

"Employers are facing higher rents, higher wage costs, high regulatory costs, so it's very difficult for businesses to do business in this state," said Ken Miller, a professor at Claremont McKenna College.

"The bill gives fast-food cooks and cashiers the power to raise the industry-wide minimum wage to up to $22/hr," SEIU said in a statement. "Similar to the state minimum wage, the industry minimum wage would adjust annually based on the Consumer Price Index."

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