Fast-food companies pull California referendum, agree to $20 minimum wage

The council would establish minimum standards on wages and make recommendations on working hours to ensure the health, safety and welfare of workers are developed with proper oversight. It also would have the power to raise the fast food minimum wage to as much as $22 an hour.

If approved by the Legislature, the council will meet for the first time by March 15, earlier than it would have if it had to await voter approval in November 2024. Assemblyman Chris Holden, D-Pasadena, who authored the bill, said it will establish “a new standard that inspires a safe and prosperous environment within the fast food industry.”

With a legislative session set to conclude later this week, fast-food workers and supporters across California are urging lawmakers to quickly advance the amended bill through the Assembly and Senate and send it to Gov. Newsom’s desk., said the agreement is “in the best interest of workers, local franchise restaurant owners and brands.”

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fast-food companies pull referendum, agree to $20 minimum wageThe agreement also eliminates a controversial proposal that would have held fast food corporations legally responsible for harassment, wage theft or labor violations that occur at franchise locatio…
Source: ladailynews - 🏆 332. / 59 Read more »

Smurfit Kappa, WestRock agree merger to create $20 bln packaging giantEurope's largest paper and packaging producer Smurfit Kappa and U.S. rival WestRock agreed to merge on Tuesday to create the world's largest listed paper and packaging company worth nearly $20 billion
Source: Reuters - 🏆 2. / 97 Read more »

$20 Billion Paper Powerhouse to Be Formed by MergerSmurfit Kappa and WestRock said they reached a deal to merge. Tony Smurfit will be CEO of the combined company.
Source: WSJ - 🏆 98. / 63 Read more »