"In-N-Out's Response to California Minimum Wage Law Sparks Industry Debate"
In-N-Out President Lynsi Snyder has pledged to protect prices at the burger chain despite California's new minimum wage law, which offers fast food workers a $20 an hour starting wage. Snyder stated that the company won't see drastic price increases and expressed zero interest in franchising or transitioning into a publicly traded company. This stands in contrast to competitors like McDonald's and Chipotle, which have announced price hikes to offset the wage increases and have made plans to cut staff.