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What Punch Pizza learned from raising its wages

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  • For Punch co-owners Soranno and John Puckett, however, the decision to raise pay wasn't political. It was simply a strategy to attract and retain quality workers who would, in turn, create a better experience for customers.
  • Related: Reframing the Minimum-Wage Debate

Ibrahim Hirsi, MinnPost

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https://www.minnpost.com/sites/default/files/imagecache/article_detail/images/articles/PunchPizzaOven640.pngThree years after Punch Pizza raised its minimum wage for entry-level employees, sales and job applicants have increased significantly.  MinnPost photo by Ibrahim Hirsi

10/26/16 | In 2013, Punch Neapolitan Pizza took a step that many companies wouldn't — or couldn't — take: It increased the minimum wage for all its workers to $10 an hour.   

In January of the following year, Punch co-owner John Soranno found himself in Washington, D.C., where President Barack Obama introduced the restaurant chain to the nation during the State of the Union address and commended the entrepreneur for raising wages and calling on businesses across the country to follow suit.

http://prospect.org/sites/default/files/styles/longform_cover_image/public/ap955555990903_banner.jpeg?itok=wwDP-bNRStaff writer Ibrahim Hirsi covers workforce and immigration issues for MinnPost.

Full story … 

Related:

Reframing the Minimum-Wage Debate, David Howell, the American Prospect

Why “no job loss” is the wrong standard for setting the right wage floor.

 

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