Applebee's Franchise Exec Floats Lowering Wages Amid High Gas Prices

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Applebee's Franchise Exec Floats Lowering Wages Amid High Gas Prices
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Wayne Pankratz suggested lowering their franchise employees' pay since gas prices were high, and they might be desperate.

There’s more ... the guy goes on to describe much of their employees as “paycheck to paycheck” people -- and that too, he says, can help them in putting a little extra squeeze on their hourly rate. Since their disposable income would be depleted amid these higher prices, he theorized their Applebee’s restaurants would likely see an increase in applicants, who would be more likely to take less money than other hospitality jobs that might pay better.

Pankratz also gives the federal government a shout-out for finally putting an end to all the stimulus checks, which he believes has also forced people back to working for a living ... and which he also sees as a pro for his would-be plan. Chad - Thank you for writing that up. Regarding the comment from Apple Central that the lower wage idea hasn’t been discussed by “top management”, that seems to fly in the face of the fact that Wayne Pankratz IS top management, at least according to his LinkedIn profile.

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