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Extra Serving: Why $15 minimum wages don’t scare Chevys parent company Xperience Restaurant GroupExtra Serving: Why $15 minimum wages don’t scare Chevys parent company Xperience Restaurant Group

CEO Randy Sharpe discusses how Xperience was able to avoid managerial layoffs during the pandemic and how they’ve been tackling higher wages for years

Joanna Fantozzi, Senior Editor

June 11, 2021

2 Min Read
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During the COVID-19 pandemic, one of the ways Chevy’s Fresh Mex parent company Xperience Restaurant Group demonstrated their priority of employees was by refusing to lay off any of their managers, Xperience Restaurant Group CEO Randy Sharpe said in this week’s episode of Extra Serving.

“We took the approach that we were going to keep our team, we’ll be bullish and make sure they have a place to call home,” Sharpe said. “It was nerve-wracking at times on whether it was the right decision or not. Some companies went into protect mode, but we didn’t do that with our employees.”

Now, coming out of the pandemic, Xperience is challenged with alleviating the industry-wide labor shortage while keeping up with the company’s 20% sales jump over 2019 numbers. Like many restaurants, they’ve instituted recruiting bonuses and tried to make team members feel appreciated.

But one thing Xperience isn’t worried about is keeping up with rising minimum wage demands. As most of their restaurants are in California where state minimum wage will reach $15 per hour by 2023, Xperience already had a plan in place to deal with these extra costs.

“We’ve been ready for the $15 minimum wage,” Sharpe said. “Our average minimum wage is well above $15 an hour.”

To find out more about how Xperience Restaurant Group is able to afford higher wages and what they’re doing to combat staffing shortages, listen to this week’s episode of Extra Serving below.

Nation's Restaurant News · Why $15 minimum wages don’t scare Chevys parent company Xperience Restaurant Group

 

About the Author

Joanna Fantozzi

Senior Editor

Joanna Fantozzi is a Senior Editor for Nation’s Restaurant News and Restaurant Hospitality. She has more than seven years of experience writing about the restaurant and hospitality industry. Her editorial coverage ranges from profiles of independent restaurants around the country to breaking news and insights into some of the biggest brands in food and beverage, including Starbucks, Domino’s, and Papa John’s.  

Joanna holds a bachelor’s degree in English literature and creative writing from The College of New Jersey and a master’s degree in arts and culture journalism from the Craig Newmark Graduate School of Journalism at CUNY. Prior to joining Informa’s Restaurants and Food Group in 2018, she was a freelance food, culture, and lifestyle writer, and has previously held editorial positions at Insider (formerly known as Business Insider) and The Daily Meal. Joanna’s work can also be found in The New York Times, Forbes, Vice, The New York Daily News, and Parents Magazine. 

Her areas of expertise include restaurant industry news, restaurant operator solutions and innovations, and political/cultural issues.

Joanna Fantozzi has been a moderator and event facilitator at both Informa’s MUFSO and Restaurants Rise industry events. 

Joanna Fantozzi’s experience:

Senior Editor, Informa Restaurant & Food Group (August 2021-present)

Associate Editor, Informa Restaurant & Food Group (July 2019-August 2021)

Assistant Editor, Informa Restaurant & Food Group (Oct. 2018-July 2019)

Freelance Food & Lifestyle Reporter (Feb. 2018-Oct. 2018)

Food & Lifestyle Reporter, Insider (June 2017-Feb. 2018)

News Editor, The Daily Meal (Jan. 2014- June 2017)

Staff Reporter, Straus News (Jan. 2013-Dec. 2013)

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