A $15 minimum wage is 'daunting'
Seattle just passed a $15 minimum wage bill, and San Francisco will vote on one in November. It's a hot topic among lawmakers around the country, and business owners are concerned.
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You'll see more outsourcing
- Name: Robert Mayfield
- Business: Dairy Queen
- Location : Austin, Texas
Robert Mayfield owns five Dairy Queen franchises with nearly 90 employees. He's been in the business for 35 years.
Austin's minimum wage is the same as Texas overall: $7.25 an hour. But even in Austin, where any push for a $15 hourly rate is likely to be a non-starter, business owners are weighing in.
"I'd say prices could rise by 20% to 40% if that happened," said Mayfield.
Related: The fast food worker is older and more educated
He added that a $15 minimum wage would likely bring more creative outsourcing, even going so far as drive-thru communication being handled by call centers, and not store employees.
- Last updated August 05 2014 05:05 PM ET
