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labor costs

Workforce

Romney calls for a $12 temporary increase in restaurant wages

The Utah Republican said the “bonus” would give the employees of essential businesses an incentive to work rather than collect unemployment.

Financing

Restaurants press Congress for $240B in industry-specific aid

The grants would be part of the National Restaurant Association’s Blueprint for Recovery, a direct-payment program that would be in addition to restarting the Paycheck Protection Program.

Local operators are asking the city and state to end rent collections and provide other forms of assistance.

In Fair Workweek jurisdictions, 80% of operators saw an increase in labor costs. Twenty-six percent reported an improvement in employee morale.

Salaried restaurant employees would not be exempt starting next year unless they earn more than $40,460.

As of 2021, salaried employees earning less than $45,500 will be entitled to time and a half for hours exceeding 12 per day or 40 per week.

But other industries will lose that break for employers under proposals that were put forth this week.

Results were also negatively affected by New York City’s massive Hudson Yards complex, the multiconcept operator said.

Salaried employees earning less than $83,356 annually would eventually be entitled to time-and-a-half pay.

Several West Coast regions will push their minimum past $16 an hour.

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