Dunkin Brands CEO Nigel Travis wants minimum wage discussions to remain at the state level.
Travis discussed the $15 minimum wage with FOX Business Network’s Stuart Varney.
“We are very focused on franchise economics and our franchisees and us have always been very clear that we fully support and encourage discussions about the minimum wage, particularly in periods of high employment as we have now,” Travis said, “we’ve gone from high unemployment to high employment.”
While Travis supports a minimum wage discussion, he believes it should be a state issue that is based on the very different economic conditions of each region.
“We fully support a state-by-state basis because every state has different economics, but we remain very focused on improving our franchisees’ economics,” said Travis.
In New York City, fast-food workers fought for a $15 minimum wage. In a city where a small studio apartment can easily cost $3,000 per month, it’s easy to understand why workers would demand a higher living way.
Travis is focused on making sure that wages match the cost of living by region, rather than relying on a blanketed policy for all areas of the country.