Panera Franchise Owner to Raise Minimum Wage Amid Controversy
Despite an exemption in California's new law, Greg Flynn commits to $20 hourly pay, denying cronyism accusations with Governor Newsom.
- Greg Flynn, a billionaire Panera Bread franchise owner in California, will raise the minimum wage for his employees to $20 per hour, aligning with a new state law despite an exemption.
- The exemption, which benefits businesses that produce and sell bread as a standalone item, sparked controversy and accusations of cronyism due to Flynn's ties to Governor Gavin Newsom.
- Flynn and Newsom have both denied any influence over the legislation, with Flynn stating he never asked for special considerations.
- California Republicans have called for an investigation into Newsom's ties to Flynn, questioning the justification for the exemption.
- Despite the exemption, Flynn's decision to raise wages aims to attract and retain employees, reflecting a commitment to fair compensation.