Tight Labor Market Forces McDonald's To Raise Wages In Company-Owned Stores
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The fast-food giant is also encouraging its franchisees — which make up 95% of its restaurant base — to boost pay.
McDonald’s is raising pay at 650 company-owned stores in the U.S. as part of its push to hire thousands of new workers in a tight labor market. The fast-food giant is also encouraging its franchisees — which make up 95% of its restaurant base — to boost pay. McDonald’s follows other chains including Chipotle, which said Monday that it will raise workers’ pay to an average of $15 per hour by the end of June. Darden Restaurants, the owner of Olive Garden and other chains, said it March that it will guarantee workers $12 per hour including tips by 2023.More Related News