How Will Minimum Wage Increases Affect Your Restaurant or Hotel Business?

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While recent changes to the minimum wage have had a big impact on the restaurant and hotel industries, business owners should be aware that we expect to see another wave of increases over the next couple of years. Staying ahead of the curve and knowing when these changes are set to occur will greatly reduce the potential for headaches in the future.

The federal hourly minimum wage currently stands at $7.25 per hour and $2.13 per hour for tipped employees. There has been recent conversation about raising the federal minimum wage to $10.10 per hour in the near future, which …read more

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