“Mandating increased wages would lead to higher prices for consumers, lower foot traffic and sales for franchise owners, and, ultimately, lost jobs and opportunities for employees to become managers or franchise owners,” Steve Caldeira, president and chief executive of the International Franchise Association, said in a statement. “The franchise industry is a proven job creator and career builder, yet efforts to double the minimum wage to $15 would clearly jeopardize opportunities for existing and prospective employees.”
Posted on: Thu, 29 Aug 2013 16:56:32 +0000