Chipotle, the Mexican fast-food casual restaurant chain, said that it might need to increase the prices of its menu options if there is a mandatory increase to the minimum wage.
According to Business Insider, Jack Hartung, Chipotle’s CFO, spoke of the effect of a $15 minimum wage during the company’s quarterly earnings call on Wednesday. “He said hourly employees’ average minimum wage is about $13 per hour, while Glassdoor indicated that a starting hourly wage at Chipotle is about $11,” the outlet reported.
.png)
.png)
