McDonald's Raises Pay for U.S. Restaurant Workers
Source: Wall Street Journal
McDonalds Corp. said it would raise pay for employees at company-owned restaurants in the U.S., one of the latest companies to bolster wages and benefits as they struggle to hire workers.
The burger giant said Thursday it would increase wages for more than 36,500 hourly workers by an average of 10% over the next several months. Nonmanagerial workers at the chains roughly 660 company-owned restaurants in the U.S. would earn at least $11 to $17 an hour at entry levels after the increases, McDonalds said. Supervisors would earn an hourly minimum of $15 to $20. Nonmanagerial employees at company-owned stores earlier this year earned an average of nearly $12 an hour, McDonalds said, and supervisors earned some $16 to $18 an hour.
McDonalds owns a fraction of its 13,900 U.S. restaurants, around 95% of which are operated by franchisees. Owners have said they are reviewing pay and benefits at their stores. The National Owners Association, a group representing U.S. franchisees, said in an email to its members on Sunday that strong sales should allow operators to raise menu prices if they choose to compensate for higher spending on pay and benefits.
A shortage of workers across the U.S. economy has prompted some employers to boost pay and benefits as they hunt for workers. McDonalds, Chipotle Mexican Grill Inc., Applebees, KFC and other chains have said they want to hire tens of thousands of workers in the coming months as they reopen dining rooms and seek to better staff their restaurants.
Read more: https://www.msn.com/en-us/money/companies/mcdonald-s-raises-pay-for-u-s-restaurant-workers/ar-BB1gGWlL?li=BBorjTa
This mostly applies to company owned restaurants which only makes up about 5% of Mcdonald's with the other 95% being operated by franchisees.
I'm curious to see how franchisees will respond to this. If franchisees get on board it would be a big step in the right direction but I have my doubts that they will.
Still, one can hope.
mikeysnot
(4,756 posts)How about now.
spooky3
(34,444 posts)marble falls
(57,080 posts)spooky3
(34,444 posts)quaint
(2,563 posts)Aristus
(66,328 posts)Some franchisees offered higher pay than the company-owned locations as an incentive for hiring. Smart business practice. I don't know if they still do that.
cinematicdiversions
(1,969 posts)They have to, otherwise they would have no workers.
JohnnyRingo
(18,628 posts)That means everybody already there got a raise too.
I think in this job market, we'll see a $15 minimum wage without an act of congress. Ready for the question: Are you better off now than you were in 2020?
mountain grammy
(26,620 posts)But people "don't want to work" dontchaknow.. The propaganda of the month..
Maeve
(42,282 posts)So good to see a step in the right direction
burrowowl
(17,639 posts)Franchisees are not on board.
VarryOn
(2,343 posts)But there's only so much I'll pay for a meal at McDonald's. Their food ain't that good.
multigraincracker
(32,674 posts)Those items went from one dollar to $1.39 or more.