McDonald’s has decided to increase the hourly wages of more than 36,500 employees working at company-owned restaurants in the US.
The hourly wage will be increased by an average of 10%.
The American fast-food company said that it has already initiated a wage increase process that will be rolled out over the next several months.
Through this initiative, entry-level crew will receive wages ranging between $11 – $17 an hour, while the shift manager hourly wage will range between $15 – $20 an hour, based on restaurant location.
The company expects that the average hourly wage of employees working at McDonald’s-owned restaurants will be $15 per hour by 2024.
McDonald’s US president Joe Erlinger said: “Our first value is taking care of our people, and today we are rewarding our hardworking employees in McDonald-owned restaurants for serving our communities.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“These actions further our commitment to offering one of the leading pay and benefits packages in the industry.”
McDonald’s added that it is re-opening its dining sections wherever it is safe to do so and plans to recruit 10,000 new employees over the next three months, in anticipation of a busy summer season.
In addition to the wage increase, McDonald’s has announced a competitive benefits package for eligible employees working at company-owned restaurants.
However, the wage increase will not be available to staff members working at McDonald’s restaurants owned and operated by franchisees.
Currently, McDonald’s franchises 95% of its restaurants in the US.
Last month, McDonald’s implemented new Global Brand Standards across its 39,000 company-owned and franchise restaurants as a commitment to providing safe and inclusive workplaces.
The new initiatives are aimed at ensuring the physical and psychological safety of employees and customers by preventing violence, harassment and discrimination.