EPISODE · Jul 1, 2026 · 4 MIN
California’s $20 Wage Harmed Workers When The Goal Was to Help Them. Here’s What Every CEO Needs To Know.
from Leapfrogging the Headlines with Soren Kaplan · host Soren Kaplan
A University of California, Santa Cruz study tracked what actually happened after California raised the fast food minimum wage to $20. The five structural responses it triggered are a leadership masterclass in what happens when you impose rapid cost change on a complex system — and why every leader needs to map them before issuing any mandate.
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California’s $20 Wage Harmed Workers When The Goal Was to Help Them. Here’s What Every CEO Needs To Know.
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