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California's New Wage Law Transforms Fast-Food Industry

Raising Cane's managers among beneficiaries as salaries rise to six figures, reshaping the economic landscape for fast-food workers.

  • California's $20 hourly minimum wage for fast-food workers significantly increased manager salaries.
  • Raising Cane's general managers can now earn up to $174,000 annually with bonuses.
  • The wage hike has led to higher menu prices and some store closures in California.
  • Other fast-food chains like Chipotle and Taco Bell also offer six-figure salaries to attract and retain talent.
  • The new law marks a major shift in compensation standards within the fast-food sector.
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