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• Prepare for quiet price hikes

17 Dec

ALBANY, NY — If your usual snack at your favorite watering hole suddenly goes up by, oh, 7 or 8% at the start of the new year, don’t be shocked. It will be a matter of a cost pass-through.

The New York State Department of Labor has filed an order increasing the minimum wage across all service industries from $4.65 an hour to $5, as of January 1, 2011. That will include all tipped food service employees. Given the tight economy, it’s a sure bet owners will be looking for ways to make up the difference.

By the way, don’t automatically assume the tip you give your server will go precisely as you intend. A provision of the new wage law allows employers to mandate tip pooling.

Check out my New York Drinks Events Calendar, the most comprehensive you’ll find anywhere.

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