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Money Some Tim Hortons raise breakfast prices

22:12  12 january  2018
22:12  12 january  2018 Source:   msn.com

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Various Tim Hortons locations are raising prices "slightly" on some breakfast items, the coffee shop giant has confirmed. It wouldn't provide details on

TORONTO – Some Tim Hortons locations have increased prices on their breakfast menus, its parent company said Friday, but made no connection to the minimum wage controversy that’s landed the brand in hot water. Story continues below.

person walking down a sidewalk in front of a store© Provided by thecanadianpress.com TORONTO - Some Tim Hortons locations have increased prices on their breakfast menus, its parent company said Friday, but made no connection to the minimum wage controversy that's landed the brand in hot water.

"Regular adjustments to menu prices are a normal part of the restaurant business," Restaurant Brands International (TSX:RBI) of Oakville, Ont., said in a brief statement after some social media users complained of price hikes.

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Some Tim Hortons locations have increased prices on their breakfast menus, its parent company said Friday, but made no connection to the minimum wage controversy that's landed the brand in hot water.

The parent company of Tim Hortons says restaurants in select markets have increased prices on certain breakfast items.

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"Some restaurants in select markets have slightly increased prices for some breakfast menu items."

The increases come after the company faced a backlash from consumers when it was revealed some franchisees cut employee benefits to offset the impact of minimum wage hikes in Ontario, which increased to $14 per hour from $11.60 — a 21-per-cent jump — on Jan. 1.

Some Ontario Tim Hortons franchisees eliminated paid breaks, fully-covered health and dental plans, and other perks for their workers, changes that came to light after a letter from the owners of two Cobourg, Ont., franchisees circulated on social media.

Since then, angry consumers have taken to social media and encouraged others to #BoycottTimHortons to put pressure on the chain to reverse the changes. Protesters gathered outside Tim Hortons locations across Ontario this week, with hopes such rallies will send a message to franchisees and parent company Restaurant Brands International.

By the numbers: How much will the minimum wage hike cost Tim Hortons?

  By the numbers: How much will the minimum wage hike cost Tim Hortons? The Great White North Franchisee Association says the minimum wage increase will cost the average Tim Hortons franchise $243,889.10 a year Here’s a closer look at the numbers provided by the association, which says on its website it represents 50 per cent of the Tim Hortons chain in Canada. The figure is based on a minimum wage increase of $2.40 an hour The calculation assumes the $2.40 increase will be applied to every worker’s salary. Only employees who were making the previous minimum wage, $11.60 an hour, are legally entitled to the new rate, $14. Some businesses have said the higher rate will inflate their entire payroll because they want to maintain pay differentials between newer hires and more senior staff. The $2.40 rate is bumped up to $3.35 an hour when other costs are factored in. GWNFA says this figure includes Canadian Pension Plan, Employment Insurance, Employee Health tax, workers’ compensation premiums, training costs, sick leave, and increased vacation pay. Increased vacation pay introduced by Bill 148 will only impact workers who have been with a company for five years or more. They will now be entitled to three weeks leave. Average number of employees at a Tim Hortons store: 35 Average increased cost for one full-time employee: $6,968.26 Divided by the hourly cost increase (of $3.35) per employee and a 52-week year, this figure suggests Tim Hortons employees work a 40-hour week.

Some Tim Hortons locations in select markets have hiked prices for various breakfast menu items. He said when Tim Hortons raises prices , it typically applies to a large region such as an entire province.

You are here: Home > Tim Hortons Prices . This website is not associated with Tim Hortons . Although coffee is their main specialty, Tim Hortons has expanded their menu to include many other food items such as sandwiches, breads, salads, breakfast items, and much more.

RBI has denounced the actions of some franchisees, who have said they have been left with no choice because the parent company, which controls product pricing, has not committed to a price hike.

The owner of the entire chain said last week that action by certain franchisees didn't reflect its values. Tim Hortons said individual franchisees are responsible for setting employee wages and benefits, while complying with applicable laws.

The Great White North Franchisee Association, which represents half of Canadian Tim Hortons franchisees, said it hoped RBI would lower supply costs, reduce couponing or raise prices. When it did not, the association said, many franchisees were "left no alternative but to implement cost saving measures in order to survive.''

The association said the minimum wage hike and other changes to the province's labour laws will cost the average franchisee $243,889.10 a year. The calculation assumes an extra $3.35 hourly per employee, which also includes costs such as increased vacation pay.

Who should take responsibility for that is at the heart of the latest round of finger-pointing in an ongoing blame game between some franchisees and their corporate parent. They have publicly sparred over alleged mismanagement and filed several lawsuits against each other in recent months.

Tim Hortons’ most important contribution to Canada’s psyche .
No doubt the offspring of the Tim Hortons business empire regret their clumsy attempt to make themselves just a little bit richer. After years of the coffee chain being feted as some sort of national icon, its heirs managed to erase much of that goodwill faster than you can pick up a drive-thru double-double, and in the process solidify support for the province’s controversial hike in the minimum wage.

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