McDonald's raises hourly wages for company-owned restaurants

  • 📰 CNBC
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

McDonald's is raising the hourly wages for its U.S. company-owned restaurants as the fast-food chain looks to hire 10,000 workers for those locations.

McDonald's is raising the hourly wages for its U.S. company-owned restaurants by an average of 10%.

The fast-food giant is looking to hire 10,000 workers for those restaurants over the next three months. Based on the current labor market, McDonald's expects that the average wage for employees of its company-owned restaurants will be $15 per hour by 2024.Sinking Spring, PA - April 19: The sign at the McDonald's restaurant on Penn Ave in Sinking Spring, PA April 19, 2021 with a message on a board below it that reads "Work Here $15 And Free Meals".is raising the hourly wages for its U.S.

The broader restaurant industry is facing a labor crunch. Fewer people are returning to the workforce than expected, and eateries are trying to meet consumer demand as it comes roaring back. The hiring announcements that usually arrive in the spring and summer months have been accompanied this year by news of wage hikes, referral and retention bonuses and other enhanced benefits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How do you put pressure on invisible franchisees. Though we know it's possible for them to do the right thing. Here's a franchisee in DC/MD who pays well, gives PTO, healthcare, & predictable scheduling.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$100 million New Jersey deli: Ex-Trump tax lawyer owned shell company created by mystery investorsA mystery New Jersey deli company has investors who created a shell company later bought by a former tax lawyer for Donald Trump. 100,000 million for a deli! That must be one hell of a sandwich! Maybe we should check to see if they're running a pedophile ring out of the basement. Talk about an expensive menu..
Source: CNBC - 🏆 12. / 72 Read more »