Do You Know Why Some New York Restaurants Are Looking at Price Increases on Their Menu Upwards of 20%?
The Wage Board and Governor Cuomo have proposed a wage increase to $8.50 per hour from $4.90 per hour for tipped laborers. While some waiters around the city may be rejoicing, it does spell some major changes for waitstaff, restaurant owners and their patrons.
For example, some establishments are toying with the idea of dropping the tipping system completely, others have discussed cutting employees’ hours, and some restaurants are looking at price increases on their menu upwards of 20%.
By Wendy Rose Gould
Image credit: Flickr: David Tan
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