Taco Bell's $100,000 salary test could help raise wages in fast food - Business Insider

up from $11.88 in May 2017 and $11.47 in May 2016. The rising cost of labor can quickly cut into profitability at restaurants with already thin profit margins.

"We need immigration reform," Blanchette said in an interview on Monday. "Think about who we serve, who our team members are, and having access to healthy flow of talent." Fred LeFranc, CEO of restaurant industry consulting firm Results Thru Strategy, told Business Insider that many companies are seeking new ways to cut turnover, as well as trim the amount of labor required. Tech such as "cobots," or collaborative robots, can take on a portion of employees' jobs, whether that be by monitoring burgers as they grill or automatically starting an oven to roast beef.

Shuldman says restaurant chains often seek BOHA! by TransAct's services as they attempt to cut back on labor hours, using automation to cut back on tasks such as inventory and temperature check.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Taco Bell vs. Del Taco compared: which chain is better? - Business InsiderWhen it comes to Tex Mex, taste is king. And Taco Bell and Del Taco are the two fast-food giants vying for that throne. Both are poison. Why not just skip both and eat at a real Mexican restaurant? I thought I’d save the rest of you time and summarize with this snippet from the “article.” You can do better than this, BI. Stop following the journalist flock into the click-bait gutter.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks making the biggest moves after the bell: GameStop, Cloudera and VisaTake a look at the companies making headlines after the bell.
Source: CNBC - 🏆 12. / 72 Read more »