Are you a restaurant owner feeling the crunch of minimum wage hikes? You’re not alone. Last week in Michigan, where I reside, the state proposed a 205% increase in the tipped minimum wage. An increase from $3.84 to $11.73 for tipped employees. It was shot down.
The media reported that this could potentially close one in six restaurants. This is an alarming statistic for restaurant owners, who are already struggling with rising costs due to changing consumer preferences and tastes, increasing food costs, product shortages, labor shortages, and other factors.
In times like these, when minimum wage hikes are being proposed all over the country, it’s important to consider how this could affect your operations. And what you can do about the biggest challenge you will face this year or any year if you have a business with employees. Finding more of the GOOD ONES!
Watch this week’s Mikes Money-Making Minutes to find out what my restaurant friends in Michigan had to say about the proposed wage increase and how to find exceptional staff for your business.
Video highlights:
01:15 The Freakout.
02:08 What would change for restaurants?
02:48 Why do we have to tip the dry cleaner?
04:29 Great staff will make you money.
05:42 Need staff?
Yes, if you need staff…not just any staff but EXCEPTIONAL staff, we have a proven system to attract and fill your application pipeline with great candidates. Heck, we even build the pipeline for you. Hiring superstar staff is a marketing challenge.
You wouldn’t hire an auto mechanic to perform open-heart surgery, would you?
Nope, you would find the best heart surgeon with lots of experience and proof, just like you need a proven marketing company to make you stand out and compete with the big corporate chains and every other competitor fishing in the same employee pool.
Check out our proof and schedule a FREE one-on-one consult with a DFY Hiring Expert to solve your biggest headache right now.
Michael Thibault
Known as “The Done For You Marketing Guy for Restaurants.” International Speaker on Restaurant Marketing. Published contributing author of 4 Marketing Books. Industry expert on Google Searches and Review Sites. Recovering Independent Restaurant Owner and Caterer of over 21 years. And, all-around good guy.
