California has passed a bill to increase the minimum wage for fast food workers to $20 per hour, a move aimed at addressing income inequality and improving the standard of living for low-wage earners. The increase in hourly wage will likely have significant implications for the owners of these establishments. They may face higher labor costs, which could lead to adjustments in business operations, such as increased prices for menu items, reductions in staff, or investments in automation technologies like self serving kiosks.
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