We talk quite a bit about the minimum wage and what the impact is of mandating regular increases to the minimum. Well, a study that Harri, the workplace management software company that works closely with restaurants, released a week or so ago underscores the direct impact. Of the 173 restaurants surveyed, 71 percent planned to raise menu prices in order to cope with rising labor costs, while half reworked prices on their food and beverage options. Another 64 percent planned to reduce employee hours and 43 percent would look to eliminate staff positions. Interestingly, results from this latest survey were less strident, but not dissimilar to one conducted at the beginning of the year by the New York Hospitality Association, which found in January that 87% of local restaurants within the Big Apple were planning price increases in order to cope with NYC increasing its minimum wage from $13.50 to $15/hour.