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A senior executive at a major company secretly works alongside employees to get a firsthand look at how the company runs. But, he said, data from TGI Fridays restaurants in places with high labor costs, like Scandinavia, suggests prices for food and beverage will rise with the minimum wage. People may receive compensation for some links to products and services on this website. Blanchette said eliminating tipped wages would hurt both restaurant staff and guests. (Getty Images) watch now. Blanchette took a break from his regular duties to anonymously mingle with TGI Fridays employees to learn valuable lessons about the restaurant chains workforce firsthand. TGI Fridays has named industry veteran Ray Blanchette as CEO, succeeding Aslam Khan in the role, the casual-dining company confirmed Tuesday. In 2013, he received the Golden Chain Award and was ultimately named Operator of the Year by Nations Restaurant News. Ray spent over a year at Au Bon Pain before transitioning to Ruby Tuesday's CEO for 9 months. From celebration cocktails to signature menu items, TGI Fridays is the authority on bringing good food and good times. Market Realist is a registered trademark. TGI Fridays UK Careers and Employment 2023 | Indeed.com 11% of TGI Fridays's management is Hispanic or Latino. "We are not the super spreaders," Blanchette said. But advocates say that the tip credit creates too much uncertainty for workers and that employers often flout the law when it comes to making up the difference when tips fall below minimum wage. White is the most common ethnicity company-wide. In 43 states, employers can pay their workers as little as $2.13 an hour as long as that hourly wage and tips add up to the locality's pay floor. 0.8 % Bill Alexander is a SVP, Chief Development Officer at TGI Fridays and is based in Dallas, Texas. He has raised well over $5 million dollars in his tireless efforts to end childhood hunger in America. Now, Fridays is adding another C3 brand to the mix Kumi Tacos, which was just launched last year and is known for nori tacos and burritos with fried seaweed shells and filled with fresh fish and rice. TGI Fridays will close fewer locations due to the COVID-19 pandemic than originally speculated. Stay up to date with what you want to know. Im honored that our board has entrusted me with the great responsibilities of vice chairmanship, Khan said. Sign up for notifications from Insider! While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information.