UPON FURTHER REFLECTION: Be aware that customers may perceive menu prices in less-than-rational ways. No, the minimum wage hike passed by the U. S. House of Representatives hasn't become law. The Senate has yet to approve it, and President George W. Bush must sign it before the rate would jump from $5.15 per hour to a phased-in $7.25 two years down the road. But when it does, it will likely cause operators to embark on a wave of menu repricing unprecedented in industry history. Are you ...
Register to view this article
Registering for Premium Content on Restaurant Hospitality will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick.