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Minimum wage increases for fast food workers and Lyft drivers

Minimum wage increases for fast food workers and Lyft drivers

FromMost Innovative Companies


Minimum wage increases for fast food workers and Lyft drivers

FromMost Innovative Companies

ratings:
Length:
64 minutes
Released:
Apr 24, 2024
Format:
Podcast episode

Description

Fast food workers in California are seeing an increase in their paychecks. This is because of a recent minimum wage law that went into effect earlier this month. The law requires fast food chains like McDonald’s and Starbucks to pay workers $20 per hour. It will also affect restaurants that have at least 60 other locations nationwide. Opponents of the law say it will lead to layoffs and store closures . . . but for fast food workers who have been fighting for better pay, this could mean being able to get a decent living wage. Fast Company Staff Writer Pavithra Mohan joined us to unpack it all. For more on this, check out Pavithra's reporting.
Then we chatted with Lyft CEO David Risher about taking over the company after cofounders Logan Green and John Zimmer left a year ago, having to lay off more than a quarter of the company’s workforce last April, and focusing on his key strategy: “customer obsession drives profitable growth.” We also discussed the company’s future in Minneapolis, whether self-driving cars will transform the industry, and what Risher learned heading up U.S. retail at Amazon under Jeff Bezos.
Released:
Apr 24, 2024
Format:
Podcast episode

Titles in the series (100)

Which companies are on the cutting edge of artificial intelligence? What’s the next major breakthrough in healthcare? How do iconic brands reinvent themselves to appeal to the next generation? Most Innovative Companies is where tech, business, and innovation convene. Join host Yasmin Gagne as she brings you the latest innovations transforming business and society—and highlights the companies that are reshaping industries and culture.