A leaked email from a company that controls multiple Applebee’s restaurants in the Midwest claims that increasing gas prices will be great for the business’ hiring process and the company as a whole. The executive who sent the email, Wayne Pankratz, argues that record-high gas prices will force workers to reenter the foodservice industry for lower than expected wages as the increase in prices will force the workers to spend more time working at the restaurant. Cenk Uygur, John Iadarola, and Maz Jobrani discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Read more HERE:
https://www.vice.com/en/article/z3n5m3/applebees-wayne-pankratz
"An executive at a company that owns a string of Applebee’s franchises in the Midwest told other company officials in an email earlier this month that skyrocketing gas prices and inflation could be great for the company’s hiring prospects, because it could force people back to work and for lower wages.
Several employees at a restaurant in Kansas reportedly quit after seeing the email, which was leaked Wednesday on the popular Reddit forum r/antiwork.
Wayne Pankratz, whose LinkedIn page described him as an executive director of operations for Apple Central LLC, sent an email on March 9 titled “Why gas increase is good for hiring,” suggesting skyrocketing gas prices will “increase application flow and has the potential to lower our average wage.” (Though the leaked email blurred out Pankratz’s last name, he was later identified by local media outlets.)
“Most of our employee base and potential employee base live paycheck to paycheck,” Pankratz wrote. “Any increase in gas prices cuts into their disposable income. As inflation continues to climb and gas prices continue to go up, that means more hours employees will need to work to maintain their current level of living.”"
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